SurModics Inc (SRDX)

[aslan2772]

Re SRDX sentiment. cmini, I agree with some of what you said, for example that SRDX should invest much more in internal R&D, but I also disagree with much of what you said and in particular believe you miscalculate the value of SRDX's IP and industry branding in the near term. Sorry, I don't have time to address all the points you raise, but rather raise my own: have you taken a look to see how very much SRDX is in demand? From a partnership supply and demand perspective, things are looking very good for SRDX.

Re InnoRx technology value: I am more optimistic. Posurdex may be ahead of Ivation from a regulatory perspective, but it is hardly formidable (drug elution lasts about 4 weeks vs 1-2 years, yet the surgical implant lasts 6 months and is not removeable), and last I heard insertion was not an office procedure (pars plana incision followed by insertion through a 19 gauge Grieshaber cannula). SRDX will be late to the party? Is there anything competetive in clinical trials?