About Deerfield

Launched in 1994, Deerfield Management Company is an investment firm dedicated to advancing healthcare through information, investment, and philanthropy—all toward the end goal of cures for disease, improved quality of life, and reduced cost of care.

Read More

Supporting companies across the healthcare ecosystem with flexible funding models…

Read More

Delivering market research to the Deerfield team, its portfolio companies and other partners.

Read More ---

A New York City-based not-for-profit devoted to advancing innovative health care initiatives.

Read More
Portfolio Companies

Deerfield generally maintains a combined portfolio of more than 150 private and public investments across the life science, medical device, diagnostic, digital health and health service industries at all stages of evolution from start-up to mature company.

Read More View Portfolio Companies
Research Collaborations

Deerfield partners with leading academic research centers, providing critical funding and expertise to further sustain and accelerate the commercialization of discoveries toward meaningful societal impact by advancing cures for disease.

Read More View Research Collaborations
Strategic Partners

As a strategic partner, Deerfield offers capital, scientific expertise, business operating support, and unique access to innovation.

Read More
Deerfield Foundation

The Deerfield Foundation is a New York City-based not-for-profit organization whose mission is to improve health, accelerate innovation and promote human equity.

Read More Meet the Foundation Team
Cure Campus

Cure is a 12-story innovations campus in New York City that intends to bring together innovators from academia, government, industry, and the not-for-profit sectors to advance human health and accelerate the fight against disease.

Read More Join the Cure Email List
Cure Programming

Cure has a series of expert lectures intended to advance thought in healthcare, management, innovation, policy, and other relevant subjects. This fosters growth and education for those at Cure and its guests.

Events at the Cure

Deerfield Announces a $35 million Investment Commitment for Cytomedix, Inc.

NEW YORK–(BUSINESS WIRE) – Deerfield Management Company announced today that it has committed to invest up to $35 million dollars in Cytomedix, Inc. (OTCQX: CMXI) through a senior secured convertible debt facility with warrants.

“The recent payment decision by CMS has significantly expanded the reimbursement coverage for AutoloGel allowing healthcare providers in the outpatient setting to treat a broad patient population including those with diabetic foot ulcers, pressure ulcers and venous ulcers. Given that AutoloGel has shown efficacy across a wide range of wound types, this decision and our financing has the potential to transform the Company.  We are pleased to be partnering with Cytomedix to support this critical growth phase of the Company,” stated Steve Hochberg, a Partner at Deerfield.

“In our view, government payment changes,  retrenching of some leaders in the advanced wound care market, and continued growth in the incidence of chronic wounds have presented significant opportunities for Cytomedix,” said Martin Rosendale,Chief Executive Officer of Cytomedix. “The team at Deerfield has demonstrated a clear and unique understanding of this market and the opportunities before us, and their investment provides the fuel necessary to execute our plans and capitalize on the recent changes,” added Mr. Rosendale.

The agreement will be funded in two separate tranches. Deerfield has initially provided $9 million dollars and will invest an additional $26 million after shareholder approval to authorize the additional shares of the Company’s common stock required for a potential conversion of the debt facility, warrants and for other corporate requirements.  With each disbursement, Deerfield will receive a 3% transaction fee of the amount drawn.  Amounts drawn accrue interest at 5.75% per annum,  payable quarterly and must be repaid in 5 years.  The warrants will expire on the seventh anniversary of the agreement. 

About Cytomedix

Cytomedix, Inc. is an autologous regenerative therapies company commercializing innovative platelet technologies for wound care. The Company markets the AutoloGel™ System, a device for the production of autologous platelet rich plasma (“PRP”) gel for use on a variety of exuding wounds. For additional information please visit

About Deerfield

Deerfield is an investment management firm, committed to advancing healthcare through investment, information and philanthropy.

For more information, pleasevisit


Deerfield Management Company
Karen Heidelberger, 212-692-7140
[email protected]