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.

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Supporting companies across the healthcare ecosystem with flexible funding models…

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

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

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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.

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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.

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Strategic Partners

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

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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.

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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.

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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 Finances Pioneer in 3D Printing for Pharmaceuticals

New York, New York – January 27, 2015 – Deerfield Management Company announced today that it invested $30 million to lead a $35 million financing in Aprecia Pharmaceuticals. Proceeds from this financing will allow Aprecia to launch SPRITAM®, the world’s first 3D printed medicine approved by the U.S. Food and Drug Administration, as well as accelerate the development of additional 3D printed drug formulations utilizing Aprecia’s novel 3DP technology platform.

Aprecia is a specialty pharmaceutical company using its proprietary 3D printing technology platform to develop and manufacture pharmaceuticals. The company’s ZipDose formulation platform enables rapid dissolving forms of drugs that may exceed the formulation limits of existing fast-melt technologies. SPRITAM® is an oral fast-melt form of levetiracetam for epilepsy.

“Based on extensive market research conducted by the Deerfield Institute, we believe there is a substantial population of epilepsy patients, particularly children, who are not well served by existing formulations and will benefit from SPRITAM® and the other epilepsy drugs in Aprecia’s pipeline,” stated Jonathan Leff, Partner at Deerfield. “We are very pleased to join with the Aprecia team to advance the commercialization of important new therapies based on the company’s unique 3D printing technology.”

“We are excited to have Deerfield as our partner in the launch of SPRITAM®. Deerfield has demonstrated tremendous knowledge of the field as well as creativity and flexibility in structuring the financing. With its desire to advance healthcare and address unmet patient needs, we believe Deerfield is an ideal partner for Aprecia,” stated Don Wetherhold, CEO of Aprecia.

About Aprecia Pharmaceuticals

Aprecia is an emerging pharmaceutical company that expects to use its proprietary ZipDose Technology to transform the way people take medicine. Aprecia believes it is the first and only company in the world to utilize three-dimensional printing (3DP) technology to develop and manufacture pharmaceutical products on a commercial scale. Aprecia plans to introduce multiple highly prescribed, high dose medications utilizing ZipDose Technology in the coming years. The company’s initial focus is on the central nervous system therapeutic area where there is a need for medicines that are easy to take. Aprecia’s mission is to improve real-world outcomes by transforming the way medicine is experienced. The company is privately owned, with affiliates of Prasco, LLC and the Arington family holding a controlling interest.

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About Deerfield

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

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