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From innovative research to potential new therapies

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.

Deerfield is a healthcare investment management firm committed to advancing healthcare through investment, information and philanthropy. For more information, please visit www.deerfield.com.

The University of Chicago is a leading academic and research institution that has driven new ways of thinking since its founding in 1890. As an intellectual destination, the University draws scholars and students from around the world to its campuses and centers around the globe. The University provides a distinctive educational experience and research environment, empowering individuals to challenge conventional thinking and pursue field-defining research that produces new understanding and breakthroughs with global impact.

The Polsky Center for Entrepreneurship and Innovation advances innovative ideas and technologies from the University of Chicago ecosystem to the world. We are dedicated to supporting students, faculty, staff, and alumni, as well as other entrepreneurs and community-based small business owners in navigating the complex process of bringing new products, services, and research to market. For more information, visit polsky.uchicago.edu.

Timeline for Proposal Submissions

Proposal Sourcing

Principal Investigators are invited to submit proposals.

Scientific Review

Your proposal will be reviewed by members of our scientific team.

Full Proposal

If your idea is selected for further evaluation, you will be invited to submit a full proposal.

Investment Evaluated

Your proposal will be carefully evaluated for funding by Deerfield’s investment team.

Have more specific questions?

Find answers to commonly asked questions or submit a specific request.