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Turning science into breakthroughs

An innovative drug discovery collaboration leveraging Northwestern’s most promising biomedical research and Deerfield’s strategic expertise to develop life-changing medicines

On May 31st, 2018, Northwestern University and Deerfield Management announced the launch of Lakeside Discovery, LLC, with the mission to accelerate the translation of transformative biomedical technologies. Deerfield will provide up to $65 million of targeted funding and deep development expertise to advance promising Northwestern research.

Lakeside will tackle projects approved by a joint steering committee comprised of members from the Northwestern and Deerfield scientific leadership teams. The Northwestern committee members will use their experiential scientific knowledge, in consultation with Deerfield, to assess each proposal’s potential biological and commercial success.

Projects will be selected based on many criteria, with an emphasis on the novelty of biological insight, regardless of its stage of development. Projects accepted by Lakeside will be supported with a complete development plan, including vital experiments needed to reach Investigational New Drug (IND)-readiness in an expedited time frame.

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

Northwestern is committed to excellent teaching, innovative research and the personal and intellectual growth of its students in a diverse academic community. For more information, please visit www.northwestern.edu.

Project Submissions

To learn more about project sourcing and evaluation, please reach out to us directly.

Updates from Cure.

Cure. is a Deerfield affiliate and premier healthcare innovation ecosystem headquartered in New York City, with a mission to accelerate cures by helping health innovators develop groundbreaking products and services from concept to commercialization.

Content is generated and provided by third parties, including Cure, an affiliate of Lakeside and Deerfield, and has not been reviewed or approved by Lakeside or Deerfield.

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