SurModics Inc (SRDX)

[DewDiligence]

>…more or less optimistic about this company's prospects than they were 2-3 years ago?<

I initially became more optimistic when SRDX announced a major move into ophthalmology. (I had posted on the Yahoo board long before SRDX announced the ophthalmology initiative that I was hoping the company would become a player in the burgeoning AMD arena.)

However, I am now somewhat more pessimistic because I don’t see the InnoRx platform as a serious rival to ordinary (intravitreal) Lucentis. I’m now in “show me” mode with respect to SRDX’s ophthalmology program: until I see evidence to the contrary, I’m inclined to think that the company’s effort is too little too late. JMHO, FWIW