BNET Industries
Market Cap:$3.5M
Last Fiscal Year Sales:$8.0M
- Public
- US
Dow Jones Description
Hydromer, Inc. is an innovative, broad-based, technology-driven company engaged in the business of inventing, developing, patenting, licensing, manufacturing, and selling hydrophilic polymer-based products and coatings for commercial markets. While maintaining its industry leadership position in permanent lubricious coatings for medical devices, Hydromer constantly strives to build upon its current technologies - successfully expanding its technology/product base to include anti-fog and condensation control coatings for optical applications, water-resistant film formers and allergen barriers for cosmetics, and unique hydrogels for wound care and pharmaceutical delivery applications. Hydromer, Inc. was founded in 1980 to capitalize on the newly developed and patented technologies in hydrophilic complexing polymers. These polymers exhibit unique properties by imparting biological compatibilities to medical devices, particularly in the cardiovascular area for devices like stents, including the emerging stent drug delivery, distal protection devices and therapeutic catheters. The initial great success on licensing these patents gave rise to an entire family of patents, covering much larger fields of application. In addition to medical devices, products are licensed and/or sold for use in color cosmetics ; personal care products such as razor blades to make them glide easier, hair dyes and hair conditioners; as coatings for boats to reduce the friction between the boat and...
Chairman of the Board, Chief Executive Officer and President
Manfred F DyckNumber of Employees 74
Peer Companies
NAICS Code Lessors of Nonfinancial Intangible Assets (except Copyrighted Works): 533110
News & Analysis
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hydromer inc. - All News and Analysis
Small Firms See Big Promise in Coated Stents
BRANCHBURG Risks found in the current generation of devices open the door to newcomers PROBLEMS BESETTING Johnson & Johnson and other big makers of drug-coated stents are creating opportunities for small Garden State companies that are developing new stent technologies. Drug-coated stents - medicated metal scaffolds that prop...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Robert Y Lee | Vice President of Finance, Chief Financial Officer and Treasurer |
| Martin C Dyck | Executive Vice President, Operations and President Biosearch Medical Products Subsidiary |
| Martin Von Dyck | Executive Vice President |
| Robert J Moravsik | Senior Vice President, General Counsel and Secretary |
| John Konar | Vice President of Quality Assurance and Director of Human Resources |
| Rainer Gruening | Vice President of R&D |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Manfred F Dyck | Chairman of the Board, Chief Executive Officer and President |
Manfred F. Dyck , President and CEO, has a BS in Chemical Engineering from T.I.S. in Germany and did graduate work towards a doctorate in chemistry and physiology at the University of Miami, in Coral Gables, Florida. Mr. Dyck's credits include 6 patents (sole inventor) and over thirty publications. His experiences include biomedical product development at Ethicon, Inc. and has served as a member of the President's Staff at Cordis Corporation, in Miami, a manufacturer of medical devices. Prior he was Chief Chemist with Polyplex A/S, Copenhagen, the premier company in Denmark for polymer-synthesis.
| Organization | Position | Status |
|---|---|---|
| Hydromer, Inc. | Chairman of the Board, Chief Executive Officer and President | Current |
| Biosearch LLC, Inc | President | Current |
| Somerset Medical Center | Chief of Surgery | Former |
| Siemens Medical Systems | Vice President of Quality Assurance | Former |
| Somerset Medical Center | Medical Doctor | Former |
| Robert Wood Johnson Medical School - University of Medicine & Dentistry of New Jersey | Professor of Medicine | Former |
| University of Miami | Doctorate In Chemistry and Physiology | Former |
| Cordis Corporation | member | Former |
| Organization | Position | Status |
|---|---|---|
| Hydromer, Inc. | Vice President of Finance, Chief Financial Officer and Treasurer | Current |
| New Jersey & Company | Attorney | Current |
| The Bureau of National Affairs, Inc. | Vice President | Former |
| The Bureau of National Affairs, Inc. | General Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| Hydromer, Inc. | Executive Vice President, Operations and President Biosearch Medical Products Subsidiary | Current |
| Hydromer, Inc. | Vice President of Operations of the Company | Former |
| Organization | Position | Status |
|---|---|---|
| Hydromer, Inc. | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Hydromer, Inc. | Senior Vice President, General Counsel and Secretary | Current |
| Hydromer, Inc. | Secretary | Current |
| The Bureau of National Affairs, Inc. | Vice President | Former |
| The Bureau of National Affairs, Inc. | General Counsel | Former |
| Seton Hall University | Doctorate of Law | Former |
| Stevens Institute of Technology | Masters Degree In Computer Science | Former |
| Tri-State University | B.S. Degree In Aerospace Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Hydromer, Inc. | Vice President of Quality Assurance and Director of Human Resources | Current |
| Biosearch LLC, Inc | Director of Human Resources | Former |
Rainer Gruening joined the Company as Vice-President of Research and Development in June 2001, and in May 2006 became VP of Intellectual Property. With a PhD in Chemistry from the University of Marburg in Germany, his background includes service with Bayer AG/Deutsche Solvay Werke, Troy, G+G International and AM Cosmetics in areas including international regulatory affairs, coatings technology and anti-microbials. Mr. Gruening authored and/or co-authored 17 patents and 35 publications on synthesis and formulation of anti-microbials for paint and coatings, cosmetics, personal care products, medical coatings, adhesives, marine anti-fouling and metal working fluids and developed dossiers, safety assessments and GMP documentation. Additionally, he implemented FDA/CTFA, European and Japanese compliance requirements for raw materials and formulation restrictions.
| Organization | Position | Status |
|---|---|---|
| Hydromer, Inc. | Vice President of R&D | Current |


