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

Empire Discovery Institute (EDI) and Deerfield Management Launch Empire-Deerfield Discovery & Development (ED3) LLC

Deerfield commits up to $65 million over five years to fund translational research in collaboration with the Empire Discovery Institute (EDI).

ALBANY, N.Y. & NEW YORK–(April 26, 2021 08:00 AM EDT)–Deerfield Management Company, a healthcare investment firm focused on advancing healthcare through investment, information and philanthropy, and the Empire Discovery Institute (EDI) have formed a translational research partnership to accelerate the development of novel therapeutics. Through the partnership Deerfield expects to invest up to $65 million over the next five years to translate scientific discoveries with potential applications for patients.

The EDI is a non-profit New York drug discovery and development accelerator created to translate important academic discoveries into new medicines for commercialization by providing strategic support and pharmaceutical development expertise. The EDI works in partnership with research labs at the University of Rochester, the University at Buffalo, and Roswell Park Comprehensive Cancer Center.

Through a newly launched company called Empire Deerfield Discovery & Development LLC (ED3), funding and support will be available for projects in high-need therapeutic areas, as well as those targeting patients who suffer from hard-to-treat and rare diseases, to accelerate them towards clinical validation in patients and commercialization.

“EDI was founded to help overcome the key challenges often faced by life science researchers in academia, namely a lack of external funding to advance pre-clinical development and access to pharmaceutical industry expertise to advance programs in an efficient manner to the clinic. Our partnership with Deerfield will enable us to accelerate our mission to identify medically important targets for human disease to facilitate the creation and development of novel, highly differentiated new therapeutics,” said Martin Graham PhD, CEO of the Empire Discovery Institute.

“We are deeply grateful to the leadership of New York State for their ongoing support for the Empire Discovery Institute. The new investment by Deerfield will strengthen this unique partnership between research institutions in Rochester and Buffalo, help accelerate the process of bringing new drugs to marke