0001140361-12-047030.txt : 20121114
0001140361-12-047030.hdr.sgml : 20121114
20121114103340
ACCESSION NUMBER: 0001140361-12-047030
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120930
FILED AS OF DATE: 20121114
DATE AS OF CHANGE: 20121114
EFFECTIVENESS DATE: 20121114
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: DEERFIELD MANAGEMENT CO /NY
CENTRAL INDEX KEY: 0001009258
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-05366
FILM NUMBER: 121201617
BUSINESS ADDRESS:
STREET 1: 780 THIRD AVENUE
STREET 2: 37TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 2125511600
MAIL ADDRESS:
STREET 1: 780 THIRD AVENUE, 37TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
13F-HR
1
form13fhr.txt
NONE
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 9/30/2012
Check here if Amendment []; Amendment Number:
-------
This Amendment (Check only one.): [] is a restatement.
[] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Deerfield Management Company, LP
Address: 780 Third Avenue, 37th Floor
New York, NY 10017
Form 13F File Number: 28-5366
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this submission.
Persons Signing this Report on Behalf of Reporting Manager:
Name: Flynn Management LLC, its general partner James E. Flynn
Title: Managing Member
Phone: 212-551-1600
Signature, Place, and Date of Signing:
/s/ James E. Flynn New York, NY 11/14/2012
--------------------------------- --------------------------------- ----------
[Signature] [City, State] [Date]
Report Type (Check only one):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 100
Form 13F Information Table Value Total: $ 1,634,137
--------------
(In Thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
No. Form 13F File Number Name
01 28-11827 Flynn Management LLC
---- -------------------- ----------------------------------------------------
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
---------------------------- --------------- --------- -------- ------------------- ---------- -------- --------------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------- --------------- --------- -------- ---------- --- ---- ---------- -------- -------- ------ ----
ACCURAY INC COM 004397105 1,239 175,000 SH DEFINED 01 175000 0 0
ACCURAY INC NOTE 3.750% 8/0 004397AB1 5,238 5,000,000 PRN DEFINED 01 5000000 0 0
ACELRX PHARMACEUTICALS INC COM 00444T100 2,556 801,359 SH DEFINED 01 801359 0 0
ACHILLION PHARMACEUTICALS IN COM 00448Q201 5,986 575,000 SH DEFINED 01 575000 0 0
ADDUS HOMECARE CORP COM 006739106 1,061 198,255 SH DEFINED 01 198255 0 0
AETNA INC NEW COM 00817Y108 9,268 235,000 SH DEFINED 01 235000 0 0
AFFYMETRIX INC NOTE 4.000% 7/0 00826TAH1 2,394 2,500,000 PRN DEFINED 01 2500000 0 0
ALERE INC NOTE 3.000% 5/1 01449JAA3 2,361 2,500,000 PRN DEFINED 01 2500000 0 0
ALKERMES PLC COM G01767105 31,229 1,505,000 SH DEFINED 01 1505000 0 0
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 18,009 1,450,000 SH DEFINED 01 1450000 0 0
AMARIN CORP PLC SPONS ADR NEW 023111206 34,845 2,769,903 SH DEFINED 01 2769903 0 0
AMARIN CORP PLC COM 023111206 5,032 400,000 CALL DEFINED 01 400000 0 0
ANGIODYNAMICS INC COM 03475V101 31,622 2,591,965 SH DEFINED 01 2591965 0 0
ANTHERA PHARMACEUTICALS INC COM 03674U102 2,282 2,305,368 SH DEFINED 01 2305368 0 0
ARENA PHARMACEUTICALS INC COM 040047102 65,511 7,873,917 SH DEFINED 01 7873917 0 0
ARQULE INC COM 04269E107 6,452 1,262,600 SH DEFINED 01 1262600 0 0
ARQULE INC COM 04269E107 6,848 1,340,000 CALL DEFINED 01 1340000 0 0
ARRAY BIOPHARMA INC COM 04269X105 42,971 7,345,416 SH DEFINED 01 7345416 0 0
AUXILIUM PHARMACEUTICALS INC COM 05334D107 15,700 641,875 SH DEFINED 01 641875 0 0
BIODELIVERY SCIENCES INTL IN COM 09060J106 1,540 243,615 SH DEFINED 01 243615 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 5,870 145,800 SH DEFINED 01 145800 0 0
BIOMED REALTY TRUST INC COM 09063H107 11,728 626,500 SH DEFINED 01 626500 0 0
BIOSCRIP INC COM 09069N108 5,102 560,000 SH DEFINED 01 560000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 43,333 1,297,000 SH DEFINED 01 1247000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 8,353 250,000 CALL DEFINED 01 250000 0 0
BROOKDALE SR LIVING INC NOTE 2.750% 6/1 112463AA2 38,563 35,000,000 PRN DEFINED 01 35000000 0 0
CAPITAL SR LIVING CORP COM 140475104 2,026 140,000 SH DEFINED 01 140000 0 0
CARDINAL HEALTH INC COM COM 14149Y108 15,588 400,000 CALL DEFINED 01 400000 0 0
CARDIOVASCULAR SYS INC DEL COM 141619106 4,370 378,029 SH DEFINED 01 378029 0 0
CEMPRA INC COM 15130J109 4,869 653,600 SH DEFINED 01 653600 0 0
CENTENE CORP DEL COM 15135B101 19,491 521,000 SH DEFINED 01 521000 0 0
CEPHEID COM 15670R107 518 15,000 SH DEFINED 01 15000 0 0
CHARLES RIV LABS INTL INC NOTE 2.250% 6/1 159864AB3 25,462 25,000,000 PRN DEFINED 01 25000000 0 0
CHEMED CORP NEW NOTE 1.875% 5/1 16359RAC7 22,240 21,019,000 PRN DEFINED 01 21019000 0 0
COMPUTER PROGRAMS & SYS INC COM 205306103 2,711 48,800 SH DEFINED 01 48800 0 0
CONCEPTUS INC COM 206016107 7,304 359,636 SH DEFINED 01 359636 0 0
CONMED CORP COM 207410101 21,618 758,538 SH DEFINED 01 758538 0 0
CORCEPT THERAPEUTICS INC COM 218352102 1,507 540,000 SH DEFINED 01 540000 0 0
CROSS CTRY HEALTHCARE INC COM 227483104 2,633 556,690 SH DEFINED 01 556690 0 0
CYTOKINETICS INC COM 23282W100 10,048 12,106,207 SH DEFINED 01 12106207 0 0
DENDREON CORP NOTE 2.875% 1/1 24823QAC1 15,281 23,000,000 PRN DEFINED 01 23000000 0 0
DEPOMED INC COM 249908104 6,955 1,176,800 SH DEFINED 01 1176800 0 0
DURATA THERAPEUTICS INC COM 26658A107 5,795 616,542 SH DEFINED 01 616542 0 0
DUSA PHARMACEUTICALS INC COM 266898105 6,282 925,187 SH DEFINED 01 925187 0 0
EHEALTH INC COM 28238P109 6,802 362,361 SH DEFINED 01 362361 0 0
EXELIXIS INC NOTE 4.250% 8/1 30161QAC8 76,103 73,000,000 PRN DEFINED 01 73000000 0 0
FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 17,724 4,333,475 SH DEFINED 01 4333475 0 0
FOREST LABS INC COM 345838106 59,388 1,667,746 SH DEFINED 01 1667746 0 0
FOREST LABS INC COM 345838106 3,561 100,000 CALL DEFINED 01 100000 0 0
GIVEN IMAGING ORD SHS M52020100 2,955 202,814 SH DEFINED 01 202814 0 0
GREATBATCH INC SDCV 2.250% 6/1 39153LAB2 9,968 10,000,000 PRN DEFINED 01 10000000 0 0
HEALTH CARE REIT INC COM 42217K106 2,887 50,000 SH DEFINED 01 50000 0 0
HOLOGIC INC DEBT 2.000% 3/0 436440AC5 46,239 47,516,000 PRN DEFINED 01 47516000 0 0
ICAD INC COM NEW 44934S206 84 38,887 SH DEFINED 01 38887 0 0
IMPAX LABORATORIES INC COM 45256B101 6,490 250,000 PUT DEFINED 01 250000 0 0
INTEGRA LIFESCIENCES HLDGS C NOTE 1.625%12/1 457985AK5 25,798 25,323,000 PRN DEFINED 01 25323000 0 0
INTERMUNE INC COM 45884X103 11,872 1,325,000 SH DEFINED 01 1325000 0 0
INTERMUNE INC NOTE 5.000% 3/0 45884XAD5 3,945 4,000,000 PRN DEFINED 01 4000000 0 0
INTERMUNE INC NOTE 2.500% 9/1 45884XAE3 31,879 41,570,000 PRN DEFINED 01 41570000 0 0
LCA-VISION INC COM PAR $.001 501803308 47 11,629 SH DEFINED 01 11629 0 0
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
---------------------------- --------------- --------- -------- ------------------- ---------- -------- --------------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------- --------------- --------- -------- ---------- --- ---- ---------- -------- -------- ------ ----
MAGELLAN HEALTH SVCS INC COM NEW 559079207 18,571 359,833 SH DEFINED 01 359833 0 0
MAP PHARMACEUTICALS INC COM 56509R108 14,869 954,972 SH DEFINED 01 954972 0 0
MEDICINES CO COM 584688105 24,813 961,356 SH DEFINED 01 961356 0 0
MEDIVATION INC COM 58501N101 12,848 228,000 SH DEFINED 01 228000 0 0
MERIT MED SYS INC COM 589889104 6,229 417,214 SH DEFINED 01 417214 0 0
METROPOLITAN HEALTH NETWORKS COM 592142103 4,203 450,000 SH DEFINED 01 450000 0 0
MOLINA HEALTHCARE INC NOTE 3.750%10/0 60855RAA8 5,380 4,825,000 PRN DEFINED 01 4825000 0 0
MOLINA HEALTHCARE INC COM 60855R100 49,033 1,949,627 SH DEFINED 01 1949627 0 0
NATUS MEDICAL INC DEL COM 639050103 11,259 861,433 SH DEFINED 01 861433 0 0
NUVASIVE INC NOTE 2.250% 3/1 670704AB1 39,933 40,235,000 PRN DEFINED 01 40235000 0 0
NUVASIVE INC NOTE 2.750% 7/0 670704AC9 39,013 40,700,000 PRN DEFINED 01 40700000 0 0
NXSTAGE MEDICAL INC COM 67072V103 69,377 5,251,852 SH DEFINED 01 5251852 0 0
OREXIGEN THERAPEUTICS INC COM 686164104 458 80,000 SH DEFINED 01 80000 0 0
PACIFIC BIOSCIENCES CALIF IN COM 69404D108 8,938 4,884,368 SH DEFINED 01 4884368 0 0
PALATIN TECHNOLOGIES INC COM PAR $ .01 696077403 1,820 2,638,076 SH DEFINED 01 2638076 0 0
PFIZER INC COM 717081103 44,979 1,810,000 SH DEFINED 01 1810000 0 0
PFIZER INC COM 717081103 6,213 250,000 CALL DEFINED 01 250000 0 0
PHARMACYCLICS INC COM 716933106 24,809 384,635 SH DEFINED 01 384635 0 0
QUESTCOR PHARMACEUTICALS INC COM 74835Y101 53,504 2,896,803 SH DEFINED 01 2896803 0 0
QUESTCOR PHARMACEUTICALS INC COM 74835Y101 6,465 350,000 CALL DEFINED 01 350000 0 0
RIGEL PHARMACEUTICALS INC COM NEW 766559603 53,961 5,269,667 SH DEFINED 01 5269667 0 0
RITE AID CORP COM 767754104 383 327,068 SH DEFINED 01 327068 0 0
ROCKWELL MED INC COM 774374102 2,819 345,000 SH DEFINED 01 345000 0 0
SAGENT PHARMACEUTICALS INC COM 786692103 35,677 2,236,804 SH DEFINED 01 2236804 0 0
SANTARUS INC COM 802817304 6,216 700,000 SH DEFINED 01 700000 0 0
SOLTA MED INC COM 83438K103 2,041 650,000 SH DEFINED 01 650000 0 0
SOMAXON PHARMACEUTICALS INC COM 834453102 10,440 4,500,000 SH DEFINED 01 4500000 0 0
ST JUDE MED INC COM 790849103 12,814 392,000 SH DEFINED 01 392000 0 0
TESARO INC COM 881569107 3,739 262,726 SH DEFINED 01 262726 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 35,356 853,798 SH DEFINED 01 853798 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 28,987 700,000 CALL DEFINED 01 700000 0 0
TORNIER N V SHS N87237108 11,264 594,400 SH DEFINED 01 594400 0 0
TRANZYME INC COM 89413J102 3,475 779,221 SH DEFINED 01 779221 0 0
UNIVERSAL AMERN CORP NEW COM 91338E101 16,554 1,791,538 SH DEFINED 01 1791538 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 25,138 549,700 SH DEFINED 01 549700 0 0
WALGREEN CO COM 931422109 30,974 850,000 CALL DEFINED 01 850000 0 0
WARNER CHILCOTT PLC IRELAND COM G94368100 338 25,000 SH DEFINED 01 25000 0 0
WELLPOINT INC COM 94973V107 580 10,000 SH DEFINED 01 10000 0 0
XENOPORT INC COM 98411C100 19,419 1,696,000 SH DEFINED 01 1696000 0 0
YM BIOSCIENCES INC COM 984238105 5,715 3,105,849 SH DEFINED 01 3105849 0 0