March 6 (Reuters) - Surmodics Inc ( SRDX ):

* SURMODICS ISSUES STATEMENT ON U.S. FEDERAL TRADE

COMMISSION

CHALLENGE TO PROPOSED ACQUISITION OF SURMODICS BY FUNDS

AFFILIATED WITH GTCR

* SURMODICS INC ( SRDX ) - DEFEND THIS CASE IN COURT IN ORDER TO

COMPLETE

MERGER.

* SURMODICS INC ( SRDX ) - RESPECTFULLY DISAGREES WITH FTC'S DECISION

AND

REMAINS COMMITTED TO COMPLETING MERGER

* SURMODICS INC ( SRDX ) - REMAINS CONFIDENT IN BOTH ITS RATIONALE

FOR

MERGER

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