Surmodics Cutting 9% of Workforce, Including CFO Ankeny

SurModics

announced today a realignment of its business to optimize Company resources according to its strategic plan. As part of the strategic realignment, the Company announced a reduction of approximately 9% of its total workforce. Included in the reduction, Philip D. Ankeny, Senior Vice President and Chief Financial Officer, and Jan M. Webster, Vice President, Human Resources will no longer be with the Company