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Full-Time

Process Development Engineer

Confirmed live in the last 24 hours

Surmodics

Surmodics

201-500 employees

Supplies components for diagnostics and medical devices

Biotechnology
Healthcare

Junior, Mid

Eden Prairie, MN, USA

Category
Healthcare Administration & Support
Medical, Clinical & Veterinary
Requirements
  • Bachelor’s Degree in Engineering
  • 2+ years’ experience in process engineering. Medical device industry preferred
  • Ability to apply analytical skills and scientific technical principles in problem solving and development
  • Demonstrated computer skills preferably spreadsheets, word processing, database and other applicable software programs
  • Strong interpersonal and organizational skills and the ability to work effectively as a team member
Responsibilities
  • Executes hands-on work under general direction of senior team members
  • Leads and works directly with clients and internal project teams on coating projects
  • Works with TS Engineer on technology transfer process and provides ongoing coating support for projects transferred to the customer or an internal production group
  • Develops new processes and techniques with some supervision
  • Plans, executes, and documents technical work
  • Develops qualification and test protocols and executes experiments
  • Leads technical communication (coating focused) with customers and/or with project teams on internal projects
  • Maintains thorough and up-to-date laboratory records; completes coating and test reports promptly after completion of work
  • Routinely authors written reports of experiments, results, conclusions, and recommendations for supervisor and project team(s)
  • Maintains laboratory supplies
  • Maintains laboratory equipment and documents maintenance activities

Surmodics provides essential components for in vitro diagnostic (IVD) products and advanced coatings for medical devices, operating in the healthcare and biotechnology markets. Their IVD offerings include various products such as protein stabilizers, diluents, blockers, and antibodies, which are vital for creating sensitive immunoassays that detect substances in biological samples. Surmodics also specializes in advanced coatings for medical devices, including lubricious and hemocompatible coatings, and is known for developing the first drug delivery coating for drug-eluting stents. The company distinguishes itself by closely collaborating with clients to accelerate product development and commercialization, ensuring that they meet market demands efficiently. Surmodics aims to support its clients in bringing their diagnostic and medical products to market quickly and effectively.

Company Stage

IPO

Total Funding

$125M

Headquarters

Eden Prairie, Minnesota

Founded

1979

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Simplify's Take

What believers are saying

  • The acquisition by GTCR at a 41.1% premium indicates strong market confidence and potential for future growth.
  • Recent financial results show significant year-over-year revenue growth and a transition to profitability, highlighting robust business performance.
  • The successful launch of new thrombectomy systems and the Preside medical device coating technology demonstrates Surmodics' ongoing commitment to innovation and market expansion.

What critics are saying

  • The transition to being a privately held company post-acquisition may lead to strategic shifts that could impact employees.
  • The highly competitive nature of the healthcare and biotechnology sectors requires continuous innovation to maintain market position.

What makes Surmodics unique

  • Surmodics excels in both in vitro diagnostics and advanced medical device coatings, offering a dual specialization that few competitors can match.
  • Their strong track record of innovation, including the development of the first drug-eluting stent, sets them apart in the medical device industry.
  • The company's business model emphasizes close client collaboration and rapid product development, ensuring they meet market demands efficiently.

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