EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--April 5, 2006--SurModics, Inc. (Nasdaq:SRDX - News), a leading provider of surface modification and drug delivery technologies to the healthcare industry, announced today that it has acquired intellectual property covering biodegradable polymer technology from Intralytix, Inc. The intellectual property relates to polyester-amide (PEA) biodegradable polymers, which naturally degrade in the body into amino acid components, the building blocks of proteins.
