Cold Spring Harbor Laboratory and Deerfield Management Launch Harbor Discoveries to Advance New Therapeutics
NEW YORK, Jan. 5, 2023 /PRNewswire/ -- Cold Spring Harbor Laboratory (CSHL) and healthcare investment firm, Deerfield Management, today announced a research and development collaboration to help bring next-generation therapeutics to market. Through a newly launched company called Harbor Discoveries, LLC, Deerfield has committed up to $130 million over a 10-year period and will provide CSHL scientists with both funding and functional expertise to advance biomedical research.
- NEW YORK, Jan. 5, 2023 /PRNewswire/ -- Cold Spring Harbor Laboratory (CSHL) and healthcare investment firm, Deerfield Management, today announced a research and development collaboration to help bring next-generation therapeutics to market.
- Through a newly launched company called Harbor Discoveries, LLC, Deerfield has committed up to $130 million over a 10-year period and will provide CSHL scientists with both funding and functional expertise to advance biomedical research.
- Harbor Discoveries, LLC is a private company wholly owned by affiliates of Deerfield Management.
- In exchange for these resources, Harbor Discoveries, LLC will have the option to license the associated intellectual property and know-how developed at CSHL.