Deerfield
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
---
Investment

Supporting companies across the healthcare ecosystem with flexible funding models…

Read More
---
Information

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

Read More ---
Philanthropy

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

Read More
---
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
---
Strategic Partners

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

---
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 Meet the Cure Team 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.

Cure Symposium Calendar

Deerfield Invests $160 Million in MannKind Corporation

July 01, 2013 10:55 AM Eastern Daylight Time 

NEW YORK–(BUSINESS WIRE)–Deerfield Management Company has entered into an agreement with MannKind Corporation (NASDAQ: MNKD) under which Mannkind may receive up to $160,000,000. This financing is designed to support the regulatory process and commercialization activities for Afrezza®, MannKind’s inhaled insulin product.

Deerfield funded $40,000,000 at closing and will fund three additional $40,000,000 tranches as MannKind successfully completes its Phase III clinical trial, repays its outstanding 3.75% convertible notes and receives FDA approval for Afrezza®.

“We are pleased to be able to support MannKind’s innovative efforts to advance the treatment of diabetes,” said James E. Flynn, General Partner at Deerfield. “Diabetes remains one of the most prevalent, fastest growing and most expensive diseases from a societal standpoint and efforts to fund more effective and more widely adopted therapies are essential.”

About Deerfield

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

For more information, please visit www.deerfield.com

Contacts

Deerfield Management Company
Karen Arnone, 212-922-1349