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 Launches $550 Million Healthcare Venture-Capital Fund

The Deerfield Healthcare Innovations Fund will advance transformative new therapies and enable improved models for the delivery of care.

Fund profits will be donated to support healthcare for underserved children, medical research and service delivery.

NEW YORK  July 28, 2015– Deerfield Management Company, L.P. today announced the launch of the Deerfield Healthcare Innovations Fund, L.P., which will invest in groundbreaking advancements in science that may lead to therapeutic interventions in genetic diseases, cancer, and orphan diseases. The venture capital fund will also back new technologies which can transform how therapeutics are developed and improve the way healthcare is delivered to patients.

The fund, one of the largest healthcare-focused venture funds in the sector, will donate all profits not allocated to investors to the Deerfield Partnership Foundation to support its charitable purposes to improve the provision of healthcare services to underserved children and investment in healthcare research, including orphan diseases, age-related conditions such as Alzheimer’s disease, and other therapeutic, diagnostic and healthcare service delivery breakthroughs.  The Deerfield Foundation is employee-funded and managed and has raised more than $25 million to advance children’s health in New York City, where the company is headquartered, as well as projects worldwide.

The Deerfield Healthcare Innovations Fund, which closed in July, includes external commitments of $550 million.  Investors include prominent healthcare institutions, such as New York-Presbyterian Hospital, Memorial Sloan Kettering and Seattle Children’s Hospital, and philanthropies, such as the Robert Wood Johnson Foundation. Leading universities with cutting edge research, such as Princeton University and Northwestern University, are also among the investor group.

“The unprecedented advances in our understanding of the biology of disease combined with the application of new technologies allow for life-altering changes in medical practice. The pullback in funding that has occurred for these innovations over the last decade could not have happened at a worse time,” said James Flynn, president and managing partner of Deerfield. “Our unique model of producing research through the Deerfield Institute and our philanthropic endeavors through the Deerfield Foundation allows us to provide value to innovative institutions, companies and patients that goes well beyond capital.”

The Deerfield Institute, a team of about 40 healthcare experts, in partnership with other leading healthcare organizations,will author at least 10 original peer-reviewed articles in 2015.  Publishing these proprietary findings is aimed at sharing knowledge with healthcare researchers and providers in addition to helping inform healthcare policy.

“Research funding in health and life science innovation has decreased in recent years, which unfortunately leaves many areas of important research unsupported,” said William Slattery, partner.“This fund provides a significant opportunity for greater innovation in the health care and life science sectors, which hold not only substantial opportunities for advancement, but also have the greatest financing needs.”

About Deerfield Management

Founded in 1994, Deerfield Management is an investment firm that seeks to advance healthcare through investment,information and philanthropy.  For more information about Deerfield visit



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


Brittney Haynes, 212-729-2174
[email protected]


Nadia Damouni, 917-344-4771
[email protected]