SurModics, Inc. (NasdaqGS:SRDX) is seeking acquisition. Gary Maharaj, Chief Executive Officer and President of SurModics said, "We have been very active looking at opportunities to acquire transformative and complementary businesses, many of them in great detail. We have not to date found any with the timing, either the timing or the fit with our strategy have been compelling enough for us to complete a deal yet.

While we are aggressively looking, we remain disciplined in assessing the financial quality and the strategic fit of any potential deals."