Earlier this month, Deerfield portfolio company, Medical Microinstruments, Inc. (MMI) announced the completion of a preclinical study in neurosurgical practices that demonstrated the feasibility of its Symani® Surgical System. This research has the potential to open the door for robotic-assisted microsurgical capabilities in neurosurgery. With a small robotic wristed instrument, called NanoWrist®, Symani enables surgeons to replicate the natural movements of the human hand at micro scale. The Symani® Surgical System has been used in over 1,000 cases globally, restoring quality of life for patients and enabling surgeons and hospitals to expand their open surgical programs. Innovations like this one from MMI continue to revolutionize the field of neurosurgery, allowing more patients access to cutting-edge treatments and improved health outcomes. Check out more here: https://lnkd.in/e6y6u3uH
Deerfield Management
Financial Services
New York, NY 13,883 followers
Advancing Healthcare
About us
We seek to advance healthcare through investment, information and philanthropy. At Deerfield, we owe our success to our team-oriented process, which brings together many decades of experience, across all sub-sectors of healthcare, to deliver our partners with the best funding solutions possible. We are a non-activist, relationship-focused firm who is proud to help the companies we invest in, because we see their potential to advance healthcare and drive change in this crucial industry.
- Website
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http://www.deerfield.com
External link for Deerfield Management
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Founded
- 1994
- Specialties
- Investment, Information, Philanthropy, and Healthcare
Locations
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Primary
New York, NY 10017, US
Employees at Deerfield Management
Updates
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Today marks the start of #WorldWaterWeek, a global observance that focuses on global water issues, water cooperation, and sustainability. In the spirit of developing solutions to the world’s most difficult water-related challenges, Deerfield Foundation, an affiliate of #DeerfieldManagement, has partnered with The Water Trust since 2008 to expand access to clean, safe drinking water and hygiene facilities in rural Uganda. Their 2024 project aims to achieve universal access to clean water in primary schools and invest in school latrines for girls in Uganda’s Kiryandongo and Masindi districts. The Water Trust is one of thirteen recipients of our 2023 grants to not-for-profit organizations across seven countries working to improve health outcomes for children and their families in underserved communities. These grants improve health, innovation, and equity across diverse populations worldwide. Learn more about The Water Trust here: https://lnkd.in/ewYHPmdD
Home | The Water Trust
watertrust.org
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We are delighted to congratulate Deerfield portfolio company V-Wave on its acquisition by Johnson & Johnson, announced today. https://lnkd.in/eVPgC_Zb V-Wave’s cardiovascular implant technology addresses heart failure with reduced ejection fraction (HFrEF), a life-threatening condition in which a patient’s heart muscle isn’t able to pump sufficient blood to meet the body’s needs. V-Wave’s novel implantable device creates a shunt between the left and right atria of the heart, reducing pressure in the heart and decreasing heart failure hospitalizations. Deerfield has cheered V-Wave on since leading the company’s Series C investment in 2018. It’s exciting to see their hard work recognized. Congratulations, team!
Johnson & Johnson to Acquire V-Wave
jnj.com
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Meet Oben Health, an AI-enabled platform that facilitates delivery of healthcare screenings, education, and treatment via barbershops and salons – and a winner of the inaugural Cure. Xchange Challenge. As winners of the challenge, Oben Health and four other AI-focused healthcare startups were recognized for their potential to revolutionize #healthcare and improve #patientoutcomes. In partnership with MIT Solve, Cure created the Xchange Challenge to incubate transformative healthcare innovations. Learn more about Oben Health here: https://www.joinoben.com/
joinoben
joinoben.com
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This year, the #DeerfieldFoundation is working with The Pradiya Foundation on Project H.A.N.D, which lends support in areas of Home, Access to Healthcare, Nutrition, and Development in Oda Village, Nepal. As a 2024 grantee, the funds will be used to assist with the construction of a new residence for orphan girls, as well as ensure increased community access to healthcare with the addition of a full-time nurse, ambulance, and financial support for treatments. Project H.A.N.D will also enable the construction of a new kitchen and dining hall, and the installation of 5 toilets and a diesel generator/solar water filtration system. Read more about the organization's work here: https://www.pradiya.org/ In 2024, the #DeerfieldFoundation announced grants for non-for-profit recipients like the Pradiya Foundation and other organizations working to serve and benefit under-resourced children and families. Learn more about Deerfield’s latest grants here: https://bit.ly/4ajrs3m
Home & School | Pradiya Foundation
pradiya.org
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Following the construction of the Malawi National Cancer Center in 2023 – the nation’s first and only cancer center – this year, we’re continuing to support Many Hopes as they work to complete an expansion of its WeCanne Surgical Suite. Patients at the center will soon have access to expanded services, including additional operating rooms, a blood blank, and a pathology suite. Deerfield Foundation, the philanthropic affiliate of #DeerfieldManagement, is proud to work with Many Hopes to improve access to medical treatments and services, as well as strengthen #globalhealth outcomes. To read more about May Hopes, visit https://manyhopes.org/ In 2024, the #DeerfieldFoundation announced Many Hopes as one of 13 not-for-profit organizations receiving grants to benefit children and their families from underserved communities. Learn more about Deerfield’s latest grants here: https://bit.ly/4ajrs3m
Many Hopes
https://manyhopes.org
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As #DisabilityPrideMonth comes to a close, we are proud to shine a light on May We Help’s efforts to improve accessibility and help individuals with disabilities gain independence. May We Help brings together a team of engineers, industrial designers, inventors, welders, woodworkers, seamstresses, doctors, occupational and physical therapists to create custom devices and adapt toys for children with disabilities free of cost. Deerfield Foundation, the philanthropic affiliate of #DeerfieldManagement, works with May We Help to support these projects and their overall mission to create custom, commercial-grade assistive devices for people with disabilities. We are proud to work with May We Help and the other 12 recipients of Deerfield’s latest charitable grant. Learn more about them here: https://bit.ly/4di6rYj
Projects
https://maywehelp.org
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This July, we’re joining healthcare professionals, researchers, and policymakers in raising awareness about HIV stigma and viral hepatitis. This past week marked the annual #ZeroHIVStigmaDay and #WorldHepatitisDay. As a 2024 grantee of the #DeerfieldFoundation, Drugs for Neglected Diseases initiative - DNDi is a not-for-profit medical research organization working to develop safe, effective, and affordable medicines for hepatitis C- and HIV-positive children and mothers. The Deerfield Foundation, a philanthropic affiliate of #DeerfieldManagement, partners with DNDi and many other nonprofits to address #globalhealth challenges around the world. In December, the Deerfield Foundation announced its latest charitable gift to 13 organizations across seven countries. Learn more about them here: https://bit.ly/4ajrs3m
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This month we celebrate #WorldBrainDay, an annual observance promoting awareness and education for neurological disorders that affect individuals worldwide. We’re proud to support the Matthew Larson Foundation and its mission to help children and families affected by pediatric brain tumors through awareness, research, and financial assistance. This year’s funding provided by the #DeerfieldFoundation will support the IronMatt Family Assistance Program, which helps cover the cost of families’ bills such as mortgages, rent, car payments, utility bills, and travel expenses – so that families can focus on their child's well-being during treatment. Learn more: https://bit.ly/4cVudtw Deerfield Foundation, the philanthropic affiliate of #DeerfieldManagement, is honored to partner with the Matthew Larson Foundation to support this work today and every day. Learn more about Deerfield’s latest grants here: https://bit.ly/4ajrs3m
Family Assistance - IronMatt
https://ironmatt.org
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Every Cure co-founder David Fajgenbaum, MD, MBA, MSc, was a third-year medical student with Castleman disease (CD). After exhausting all available treatment options, David launched an initiative to save his life and the lives of other patients with CD, discovering an overactive pathway in his blood and using a 25-year-old drug originally used for another purpose to block that pathway. Due to this repurposed drug, David has been in remission for over a decade and is now the author of a bestselling memoir describing his experience ("Chasing My Cure: A Doctor’s Race to Turn Hope Into Action”). Today, Every Cure uses AI to find the most promising opportunities for repurposing drugs across all diseases, having advanced 28 repurposed drugs e to date. The company was recently named as a winner of the inaugural Cure. Xchange Challenge: Health AI for Good. As winners of the challenge, Every Cure and four other AI-focused healthcare startups were recognized for their potential to revolutionize #healthcare and improve #patientoutcomes. In partnership with MIT Solve, Cure created the Xchange Challenge to incubate transformative healthcare innovations. Learn more about Every Cure here: https://bit.ly/3WoRWwg *Cure is an affiliate of #DeerfieldManagement.
Every Cure – Unlocking the hidden potential of existing drugs to save lives
everycure.org