May 14, 2018 / 12:43 PM / 8 days ago

BRIEF-Surmodics Acquires Thrombectomy Technology Assets

May 14 (Reuters) - Surmodics Inc:

* SURMODICS ACQUIRES THROMBECTOMY TECHNOLOGY ASSETS FROM EMBOLITECH, STRENGTHENING PERIPHERAL VASCULAR WHOLE-PRODUCT SOLUTIONS PORTFOLIO

* SURMODICS INC - UNDER AGREEMENT, SURMODICS WILL PAY $5 MILLION UP FRONT, AND ADDITIONAL AMOUNTS RELATED TO VARIOUS REGULATORY MILESTONES

* SURMODICS INC - ANTICIPATES RECORDING A $0.49 PER SHARE CHARGE TO EARNINGS IN Q3 OF FISCAL 2018

* SURMODICS - ANTICIPATES RECORDING CHARGE IN Q3 RELATED TO IN-PROCESS RESEARCH AND DEVELOPMENT EXPENSE AND DEAL COSTS ASSOCIATED WITH DEAL Source text for Eikon: Further company coverage:

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