Fredrikson & Byron, P.A.
200 South Sixth Street, Suite 4000
Minneapolis, Minnesota 55402
Telephone: 612-492-7000
Fax: 612-492-7077
EXHIBIT 5.1
March 23, 2005
SurModics, Inc.
9924 West 74th Street
Eden Prairie, MN 55344
Re: EXHIBIT 5.1 to Registration Statement on Form S-3
Ladies/Gentlemen:
We are acting as corporate counsel to SurModics, Inc. (the Company) in connection with the preparation and filing of a Registration Statement on Form S-3 (the Registration Statement) relating to the registration under the Securities Act of 1933, as amended (the Act) of 1,200,128 shares of the Companys common stock (the Shares) which may be offered for sale by certain selling security holders (the Selling Security Holders) named in the Registration Statement.
In acting as such counsel for the purpose of rendering this opinion, we have reviewed copies of the following, as presented to us by the Company:
| 1. | The Companys Restated Articles of Incorporation, as amended (Articles); | |||
| 2. | The Companys Bylaws, as amended; | |||
| 3. | Certain corporate resolutions of the Companys Board of Directors pertaining to the issuance of the Shares by the Company; and | |||
| 4. | The Registration Statement. | |||
Based on, and subject to, the foregoing and upon representations and information provided by the Company or its officers or directors, it is our opinion as of this date that:
1. The Companys Articles validly authorize the issuance of the Shares registered pursuant to the Registration Statement.
2. The Shares to be sold by the Selling Security Holders named in the Registration Statement are, or will upon issuance be, validly issued and outstanding, fully paid and nonassessable.
We hereby consent to the filing of this opinion as Exhibit 5.1 to the Registration Statement.
Very truly yours,
FREDRIKSON & BYRON, P.A.
By /s/ David C. Grorud