Deerfield, focused on health care, is also an investor in Recovery Centers of America. KING OF PRUSSIA, Pa., Jan. 22, 2020 /PRNewswire/ -- The Discovery Labs and Deerfield Management Company have formed The Center for Breakthrough Medicines, a … “The University of Michigan has a strong legacy of drug discovery and translation,” said Rebecca Cunningham, U-M vice president for research. The Discovery Labs board includes Marco Chacón, founder and former chairman of Paragon Bioservices, a gene therapy CDMO acquired by Catalent (NYSE: CTLT) for $1.7 billion, Deerfield… Deerfield has committed up to $130 million over the next decade to invest in biomedical research at U-M with the aim of developing potentially life-saving drugs and disease treatments. December 14, 2020. December 30, 2020. Deerfield Management Co., the New York investment firm that has made bets on more than 100 biotech firms, including several in the Philadelphia area, has the latest plan: Build 680,000 square feet of gene and cell therapy labs and offices for fast-growing Philadelphia biotech drug producers, employing up to 2,000 white-coated factory workers, scientists, and support staff. In addition, we have created Break into the Boardroom and Women in Science programs to drive change in gender diversity in the boardroom and entrepreneurship. Included is a big get for the region: The Discovery Labs and Deerfield Management Companyhave formed The Center for Breakthrough Medicines, a contract development and manufacturing organization and specialty investment company, the Discovery Labs announced this week. On Thursday, Deerfield Management and The Discovery Labs launched a contract development and manufacturing organization that will provide preclinical through commercial manufacturing of cell and gene therapies, as well as component raw materials. The Discovery Labs is a Global Platform Company building large scale enterprise-level life sciences and technology hubs. The center will claim 680,000 square feet of the Discovery Labs. Prior to Deerfield, Dr. Nelson spent almost 15 years at GlaxoSmithKline and was most recently the Head of Genetics. The company, which O’Neill has named the Center for Breakthrough Medicines, is part of the Discovery Labs, a 1.6 million-square-foot, $500 million biotechnology, health-care, and life sciences office complex he is building in an industrial section of King of Prussia. On Jan. 23, The Discovery Labs announced it will soon build a $1.1B, 680K SF contract development and manufacturing facility within its 1.6M SF campus in King of Prussia, as part of a joint venture with New York-based Deerfield Management. Creation Discovery Museum & Learning Center New Location: 2200 SW 10th St. Deerfield Beach, FL 33442 Hours: Saturdays 11am-3pm Monday-Friday: By appointment only. Deerfield Management and the Dana-Farber Cancer Institute are at it again. Discovery Laboratories, Inc. (referred to as “we,” “us,” or the “Company”) is a Delaware corporation, with our principal offices located at 2600 Kelly Road, Suite 100, Warrington, Pennsylvania. ... Its plan called for a campus for life-science tenants called Discovery Labs. The Discovery Labs as a Cell and Gene Therapy Superstore. ANN ARBOR, Mich. (AP) — The University of Michigan is partnering with Deerfield Management health care investment firm to create a company to commercialize drug discovery projects. The Discovery Labs in association with Deerfield Management Company is building ‘The Center for Breakthrough Medicines’, the world's largest Cell and Gene Therapy Contract Development and Manufacturing Organization (CDMO) at an investment of US$1.1 billion in Pennsylvania. Closed: Nov. 30, Dec. 21, Dec. 28 From a Biblical, young earth creationist perspective, learn about the true account of the origins of the universe, life, and man's early history. Philadelphia – A Biopharma Hub on the Move. In January, Deerfield and The Discovery Labs formed the Center for Breakthrough Medicines, a contract development and manufacturing organization (CDMO) and … MedCity INVEST Precision Medicine spotlight: Building a BioInnovation Hub. Discovery Laboratories, Inc. is a specialty biotechnology company focused on advancing a new standard in respiratory critical care. Through the Deerfield Foundation, we’ve made investments that address the social determinants of health in communities of color, both here in the U.S., as well as in Africa and Asia. On Jan. 23, The Discovery Labs announced it will soon build a $1.1B, 680K SF contract development and manufacturing facility within its 1.6M SF campus in King of Prussia, as part of a … Pandemic Did Not Slow Center of Breakthrough Medicines in King of Prussia’s Discovery Labs. Warrington, PA - February 13, 2013 – Discovery Laboratories, Inc. (NASDAQ: DSCO), a specialty biotechnology company dedicated to advancing a new standard in respiratory critical care, today announced that it has entered into a secured loan facility with Deerfield Management Company, L.P. (Deerfield) for up to $30.0 million in financing. The Center for Breakthrough Medicines was formed by current good manufacturing practice (cGMP) manufacturing services provider The Discovery Labs and healthcare investment management firm Deerfield Management Company in January 2020. The Discovery Labs Life Science Portfolio is 97 percent occupied by life science, healthcare and biotech tenants and located in the King of Prussia submarket of Philadelphia, Penn. ... third-party market research conducted for us by Deerfield Institute, Defined … MLP and Deerfield will use loan proceeds to repay existing debt, finance the acquisition of a portion of the portfolio and fund tenant improvements and leasing commissions associated with recently signed leases. Scientists will lead multi-year projects to advance pharmaceuticals for muscular dystrophies and cancer CHICAGO --- Lakeside Discovery, LLC, the collaboration between Northwestern University and Deerfield Management, will support two Northwestern labs to … Deerfield Announces $30 Million Investment in Discovery Labs - February 2013 Deerfield Announces Financing Transaction with Flamel Technologies - February 2013 Deerfield Completes $20.5 Million Financing in Pacific Biosciences - February 2013 For the biopharma industry investment, business development and competitive intelligence professionals who require information to support financing, partnering and licensing activities, BCIQ provides accurate information and context to support profitable and strategic decision making. December 10, 2020. Matthew Nelson, Ph.D., is Vice President of Genetics and Genomics for Deerfield Discovery and Development, LLC, and joined Deerfield in 2019. 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