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.

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Investment

Supporting companies across the healthcare ecosystem with flexible funding models…

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Information

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

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Philanthropy

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 innovation 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 Management Announces XSeed Award Winners

  • Five Life Science Startup Companies Focused on Neurodegeneration Research Each Awarded $100,000 Grant
  • XSeed Finalists Presented to Board Members Consisting of Experienced MDs and C-Suite from Industry Companies
  • Winners Will Also Receive Access to Cure’s Ecosystem at 345 Park Avenue South in New York City

NEW YORK, March 8, 2022 — Deerfield Management Company today announces the grant recipients of its second annual XSeed Award. This year each of the five New York City-based award winners receives a $100,000 grant to further projects focused on neurodegeneration. The XSeed Award is designed to support New York City early stage life science, minority-led startups. The awards will be presented at a ceremony on March 8 at Cure, an innovation campus located at 345 Park Avenue South in Midtown Manhattan. NYCEDC’s Lindsay Greene, life science industry leaders, and elected NYC officials will attend the event.

“Applicants this year focused on neurodegenerative conditions, which is progressive atrophy and loss of function of neurons present in neurodegenerative diseases such as Alzheimer’s and Parkinson’s diseases,” said Elise Wang, Partner at Deerfield Management. Research has indicated that 77 percent of New Yorkers with subjective cognitive decline have at least one chronic condition. “Each year the XSeed Award takes on a different focus need while supporting broader diversity and varied perspectives to create better ideas and solutions.”

The 2022 finalists for Deerfield’s XSeed Award are:

  • Arne Gennerich and Hernando Sosa, Professors of Biochemistry, Albert Einstein College of Medicine, Targeting KIF1A-associated neurological disorder