The University of Chicago and healthcare investment firm Deerfield Management have partnered to launch Hyde Park Discovery, an innovative research collaboration aiming to advance the development of new medicines and other life-saving treatments for disease.
Over the next ten years, Deerfield has committed to provide up to $130 million in targeted funding, as well as operational and scientific capabilities, to advance UChicago discoveries with the potential to become novel therapies. Our strategic agreement brings together UChicago’s leading research and innovation capabilities across several key therapeutic areas and Deerfield’s expertise in healthcare product development.
A joint steering committee made up of leadership from UChicago, the Polsky Center for Entrepreneurship and Innovation, and Deerfield’s scientific team will evaluate projects with the potential to achieve key milestones on an accelerated timeline.