Simplify Logo

Full-Time

Territory Manager

Oklahoma City

Posted on 8/14/2024

Surmodics

Surmodics

201-500 employees

Supplies components for diagnostics and medical devices

Biotechnology
Healthcare

Senior, Expert

Remote in USA

Category
Field Sales
Sales & Account Management
Required Skills
Sales
Communications
Requirements
  • B.S. or B.A. degree in business, engineering, science, or healthcare field
  • 5+ years experience in medical device sales/clinical support
  • Strong written and verbal communication skills
  • Computer skills including CRM software experience
  • Willingness to travel up to 75%
Responsibilities
  • Create and execute business plans to meet sales objectives
  • Launch new products across geography
  • Strengthen relationships with existing accounts and build relationships with new customers
  • Train customers on product use
  • Maintain product tracking and inventory
  • Complete required training and documentation
  • Forecast regional revenues quarterly/annually
  • Act in compliance with laws and company regulations

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

Simplify Jobs

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.

Help us improve and share your feedback! Did you find this helpful?

INACTIVE