Brief: Surmodics Receives FDA Approval For The SurVeil Drug-Coated Balloon

SurModics

20/06/2023 11:52

June 20 (Reuters) - Surmodics Inc  SRDX.O :
    * SURMODICS RECEIVES FDA APPROVAL FOR THE SURVEIL™
DRUG-COATED
BALLOON
    * SURMODICS RECEIVES FDA APPROVAL FOR THE SURVEIL™
DRUG-COATED
BALLOON
    * SURMODICS INC - SURMODICS TO RECEIVE $27 MILLION MILESTONE
PAYMENT FROM ABBOTT
    * SURMODICS INC - ABBOTT HAS EXCLUSIVE WORLDWIDE
COMMERCIALIZATION
RIGHTS FOR SURVEIL DCB
    * SURMODICS INC - WILL MANUFACTURE, SUPPLY PRODUCT & REALIZE
REVENUE FROM PRODUCT SALES TO ABBOTT AND SHARE OF PROFITS FROM
ABBOTT'S THIRD-PARTY SALES
    * SURMODICS INC - EXPECTS TO RECOGNIZE ABOUT $24.0 MILLION
TO
$24.5 MILLION OF REVENUE RELATED TO MILESTONE PAYMENT IN Q3

Source text for Eikon:  ID:nBw4PzNr5a 
Further company coverage:  SRDX.O 

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