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SurModics: Beyond Slippery Surfaces

SurModics, a leading developer of surface modification coatings for medical device manufacturers, increased company awareness and its shareholder base by employing Padilla Speer Beardsley to communicate its technical advancements to the investment community. PSB built investor relations and raised awareness of the company with new and existing investors using several strategies to communicate that SurModics was continuing strong growth and excellent financial performance while moving beyond its core business into other high growth segments. As a result, SurModics added 13 new institutional investors, was named to the Russell 3000 Index and its stock reached an all-time high of $61 per share in October 2000 up from $13.50 the previous year.