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SurModics cutting 5% of its workforce

Published November 21, 2008, 8:26 am, Minneapolis - St. Paul Business Journal

SurModics Inc. is cutting 5 percent of its work force and vacating a leased facility in Eden Prairie as part of a cost-cutting initiative announced late Thursday.

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SurModics, Inc. (Nasdaq: SRDX), a leading provider of drug delivery and surface modification technologies to the healthcare industry, today announced changes designed to improve the Company"s ability to meet the growing needs of its customers while ...

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