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Pharmaceuticals
Deerfield adds Columbia to academic partnership roster
by Lisa Jarvis
June 7, 2019
| A version of this story appeared in
Volume 97, Issue 23
Deerfield Management has sealed another academic partnership, this time with Columbia University. Deerfield will invest up to $130 million over 10 years in a new company, Hudson Heights Innovations, which will fund drug-discovery projects emerging from Columbia researchers’ labs with the goal of getting a molecule ready for human studies. Hudson Heights gets an option to license any intellectual property developed out of the pact. Deerfield has made similar arrangements with at least seven other academic institutions.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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