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 innovations 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

Deerfield Management Announces Partnership with Gregory Sorensen and Deerfield Imaging

New York, New York – October 29, 2015 – Deerfield Management Company, L.P. announces that it has created a partnership with Gregory Sorensen, MD. and Deerfield Imaging (“IMRIS”). Dr. Sorensen will take a significant minority interest in Deerfield Imaging and will become the Executive Chairman.

Dr.Sorensen served until recently as President and CEO of Siemens Healthcare North America, and is a neuroradiologist well known in the industry for his innovative research in medical imaging and for his expertise in clinical practice. Prior to his tenure at Siemens, Sorensen served as Professor of Radiology and Health Sciences & Technology at Harvard Medical School; a faculty member of the Harvard-MIT Division of Health Sciences and Technology; and Co-Director of the A.A. Martinos Center for Biomedical Imaging at Massachusetts General Hospital.

In his role as Executive Chairman of the Company, Sorensen will provide both strategic and operational guidance, drawing on his clinical and business experience in image guided surgery and neuro radiology. “I’m very excited to be part of this partnership,” said Sorensen. “I’m passionate about improving patient care via scientific advances, and IMRIS has a strong record of deep technological innovation that has been shown to improve outcomes.  I see great untapped potential in the IMRIS technology and am confident I can help this company unlock that value for the benefit of all stakeholders.” 

President and CEO of Deerfield Imaging, Jay D. Miller stated “Dr. Sorensen’s focus on patient outcomes and satisfaction and on product innovation will help take our product development and market leadership to the next level. We are excited to have him join our team.”

Ted Huber, a Partner at Deerfield Management Company and IMRIS Director stated “Dr. Sorensen’s decision to take a leadership role and significant stake in IMRIS validates the potential for the IMRIS technology and we look forward to a strong growth trajectory and continued successful patient care under his leadership and vision.

About Deerfield Imaging and IMRIS Products

As a leader in image guided therapy solutions, IMRIS® products from Deerfield Imaging provide optimized fully integrated image-guided therapy environments that serve to address the important needs of patients, clinicians and hospitals by delivering timely information on surgical targets and results to clinicians for use during surgical or interventional procedures. The VISIUS Surgical Theatre  incorporates MRI, CT and angiography into multi-purpose surgical suites to provide advanced intraoperative imaging directly in operating rooms. IMRIS products are sold globally to hospitals in the neurosurgical, spinal cardiovascular, and orthopedic markets. Learn more by visiting www.imris.com.

About Deerfield

Deerfield is an investment management firm committed to advancing healthcare through investment, information and philanthropy.

For more information, please visit www.deerfield.com

Contacts

Deerfield Management Company
Karen Heidelberger, 212-692-7140
[email protected]