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Deerfield Management is launching another biotech start-up with an academic partner, this time with the University of Illinois at Chicago (UIC). Deerfield will invest up to $65 million in the newly launched West Loop Innovations, which will begin accepting proposals for drug development projects from UIC researchers this fall. Deerfield has created similar initiatives at Harvard University, Dana-Farber Cancer Institute, the University of North Carolina at Chapel Hill, and Johns Hopkins University.
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