0001140361-13-006934.txt : 20130214
0001140361-13-006934.hdr.sgml : 20130214
20130214131329
ACCESSION NUMBER: 0001140361-13-006934
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20121231
FILED AS OF DATE: 20130214
DATE AS OF CHANGE: 20130214
EFFECTIVENESS DATE: 20130214
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: 13610079
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: 12/31/2012
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 2/14/2013
--------------------------------- --------------------------------- ----------
[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: 102
Form 13F Information Table Value Total: $ 1,818,388
--------------
(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
-------------------------------- --------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ----
ABBOTT LABS COM 002824100 2,260 34,500 SH DEFINED 01 34,500 0 0
ACCURAY INC COM 004397105 5,787 900,000 SH DEFINED 01 900,000 0 0
ACCURAY INC NOTE 3.750% 8/0 004397AB1 5,003 5,000,000 PRN DEFINED 01 5,000,000 0 0
ACHILLION PHARMACEUTICALS IN COM 00448Q201 11,299 1,410,593 SH DEFINED 01 1,410,593 0 0
ADDUS HOMECARE CORP COM 006739106 2,286 319,878 SH DEFINED 01 319,878 0 0
AFFYMETRIX INC NOTE 4.000% 7/0 00826TAH1 1,021 1,250,000 PRN DEFINED 01 1,250,000 0 0
ALERE INC NOTE 3.000% 5/1 01449JAA3 5,376 5,750,000 PRN DEFINED 01 5,750,000 0 0
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 11,056 1,173,700 SH DEFINED 01 1,173,700 0 0
ALPHATEC HOLDINGS INC COM 02081G102 2,846 1,725,000 SH DEFINED 01 1,725,000 0 0
AMARIN CORP PLC SPONS ADR NEW 023111206 9,414 1,163,645 SH DEFINED 01 1,163,645 0 0
AMARIN CORP PLC SPONS ADR NEW 023111206 19,416 2,400,000 CALL DEFINED 01 2,400,000 0 0
ANACOR PHARMACEUTICALS INC COM 032420101 1,852 356,159 SH DEFINED 01 356,159 0 0
ANGIODYNAMICS INC COM 03475V101 26,752 2,434,217 SH DEFINED 01 2,434,217 0 0
ANTARES PHARMA INC COM 036642106 37,645 9,880,498 SH DEFINED 01 9,880,498 0 0
ANTHERA PHARMACEUTICALS INC COM 03674U102 1,429 2,305,368 SH DEFINED 01 2,305,368 0 0
ARENA PHARMACEUTICALS INC COM 040047102 67,464 7,479,424 SH DEFINED 01 7,479,424 0 0
ARQULE INC COM 04269E107 3,041 1,090,000 CALL DEFINED 01 1,090,000 0 0
ARRAY BIOPHARMA INC COM 04269X105 41,830 11,244,700 SH DEFINED 01 11,244,700 0 0
AUXILIUM PHARMACEUTICALS INC COM 05334D107 21,633 1,166,875 SH DEFINED 01 1,166,875 0 0
BIODELIVERY SCIENCES INTL IN COM COM 09060J106 6,785 1,574,315 SH DEFINED 01 1,574,315 0 0
BIOMED REALTY TRUST INC COM 09063H107 12,110 626,500 SH DEFINED 01 626,500 0 0
BIOSCRIP INC COM 09069N108 4,750 441,000 SH DEFINED 01 441,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 26,137 802,000 SH DEFINED 01 802,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 8,148 250,000 CALL DEFINED 01 250,000 0 0
BROOKDALE SR LIVING INC NOTE 2.750% 6/1 112463AA2 40,341 35,000,000 PRN DEFINED 01 35,000,000 0 0
CAPITAL SR LIVING CORP COM 140475104 1,869 100,000 SH DEFINED 01 100,000 0 0
CARDIOVASCULAR SYS INC DEL COM 141619106 8,417 670,689 SH DEFINED 01 670,689 0 0
CELGENE CORP COM 151020104 22,285 284,000 SH DEFINED 01 284,000 0 0
CEMPRA INC COM 15130J109 8,547 1,335,461 SH DEFINED 01 1,335,461 0 0
CHARLES RIV LABS INTL INC NOTE 2.250% 6/1 159864AB3 25,109 25,000,000 PRN DEFINED 01 25,000,000 0 0
CHEMED CORP NEW NOTE 1.875% 5/1 16359RAC7 22,063 21,019,000 PRN DEFINED 01 21,019,000 0 0
CONCEPTUS INC COM 206016107 10,942 521,028 SH DEFINED 01 521,028 0 0
CONMED CORP COM 207410101 16,563 592,577 SH DEFINED 01 592,577 0 0
CORCEPT THERAPEUTICS INC COM 218352102 772 540,000 SH DEFINED 01 540,000 0 0
CROSS CTRY HEALTHCARE INC COM 227483104 4,387 914,000 SH DEFINED 01 914,000 0 0
CYTOKINETICS INC COM 23282W100 7,953 12,049,699 SH DEFINED 01 12,049,699 0 0
DENDREON CORP COM 24823Q107 33,784 6,386,321 SH DEFINED 01 6,386,321 0 0
DENDREON CORP NOTE 2.875% 1/1 24823QAC1 19,630 26,000,000 PRN DEFINED 01 26,000,000 0 0
DENDREON CORP NOTE 4.750% 6/1 24823QAB3 12,605 13,190,000 PRN DEFINED 01 13,190,000 0 0
DEPOMED INC COM 249908104 7,284 1,176,800 SH DEFINED 01 1,176,800 0 0
DURATA THERAPEUTICS INC COM 26658A107 4,184 547,644 SH DEFINED 01 547,644 0 0
DYNAVAX TECHNOLOGIES CORP COM 268158102 6,721 2,358,130 SH DEFINED 01 2,358,130 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 1,392 15,443 SH DEFINED 01 15,443 0 0
ELAN PLC ADR 284131208 3,157 309,206 SH DEFINED 01 309,206 0 0
ENDO HEALTH SOLUTIONS INC COM 29264F205 39,056 1,488,963 SH DEFINED 01 1,488,963 0 0
EXELIXIS INC NOTE 4.250% 8/1 30161QAC8 71,038 73,000,000 PRN DEFINED 01 73,000,000 0 0
FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 13,130 4,333,475 SH DEFINED 01 4,333,475 0 0
FOREST LABS INC COM 345838106 72,183 2,043,697 SH DEFINED 01 2,043,697 0 0
FOREST LABS INC COM 345838106 3,532 100,000 CALL DEFINED 01 100,000 0 0
GREATBATCH INC SDCV 2.250% 6/1 39153LAB2 10,013 10,000,000 PRN DEFINED 01 10,000,000 0 0
HCA HOLDINGS INC COM 40412C101 440 14,600 SH DEFINED 01 14,600 0 0
HEALTHWAYS INC COM 422245100 1,649 154,135 SH DEFINED 01 154,135 0 0
HOLOGIC INC DEBT 2.000% 3/0 436440AC5 47,130 47,516,000 PRN DEFINED 01 47,516,000 0 0
HUMANA INC COM 444859102 11,324 165,000 SH DEFINED 01 165,000 0 0
ICAD INC COM NEW 44934S206 186 38,887 SH DEFINED 01 38,887 0 0
ILLUMINA INC COM 452327109 2,180 39,209 SH DEFINED 01 39,209 0 0
INFINITY PHARMACEUTICALS INC COM 45665G303 20,125 575,000 SH DEFINED 01 575,000 0 0
INTEGRA LIFESCIENCES HLDGS C NOTE 1.625%12/1 457985AK5 25,465 25,323,000 PRN DEFINED 01 25,323,000 0 0
INTERMUNE INC COMMON STOCK 45884X103 48,073 4,961,073 SH DEFINED 01 4,961,073 0 0
INTERMUNE INC NOTE 2.500% 9/1 45884XAE3 32,503 41,570,000 PRN DEFINED 01 41,570,000 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
-------------------------------- --------------- --------- -------- ---------- --- ---- ---------- -------- ---------- ------ ----
INTERMUNE INC NOTE 5.000% 3/0 45884XAD5 8,286 8,312,000 PRN DEFINED 01 8,312,000 0 0
LCA-VISION INC COM PAR $.001 501803308 2,280 800,000 SH DEFINED 01 800,000 0 0
MAKO SURGICAL CORP COM 560879108 20,689 1,610,035 SH DEFINED 01 1,610,035 0 0
MAP PHARMACEUTICALS INC COM 56509R108 9,131 583,439 SH DEFINED 01 583,439 0 0
MEDICINES CO COM 584688105 25,820 1,077,187 SH DEFINED 01 1,077,187 0 0
MERCK & CO INC NEW COM 58933Y105 1,024 25,000 SH DEFINED 01 25,000 0 0
MOLINA HEALTHCARE INC COM 60855R100 56,446 2,085,950 SH DEFINED 01 2,085,950 0 0
MOLINA HEALTHCARE INC NOTE 3.750%10/0 60855RAA8 5,567 4,825,000 PRN DEFINED 01 4,825,000 0 0
NEKTAR THERAPEUTICS COM 640268108 18,657 2,517,841 SH DEFINED 01 2,517,841 0 0
NUVASIVE INC COM 670704105 29,394 1,901,297 SH DEFINED 01 1,901,297 0 0
NUVASIVE INC NOTE 2.250% 3/1 670704AB1 40,084 40,235,000 PRN DEFINED 01 40,235,000 0 0
NUVASIVE INC NOTE 2.750% 7/0 670704AC9 35,976 40,700,000 PRN DEFINED 01 40,700,000 0 0
NXSTAGE MEDICAL INC COM 67072V103 64,742 5,754,861 SH DEFINED 01 5,754,861 0 0
OREXIGEN THERAPEUTICS INC COM 686164104 355 67,575 SH DEFINED 01 67,575 0 0
PACIFIC BIOSCIENCES CALIF IN COM 69404D108 8,303 4,884,368 SH DEFINED 01 4,884,368 0 0
PALATIN TECHNOLOGIES INC COM PAR $ .01 696077403 1,378 2,297,830 SH DEFINED 01 2,297,830 0 0
PFIZER INC COM 717081103 45,067 1,796,971 SH DEFINED 01 1,796,971 0 0
PFIZER INC COM 717081103 6,270 250,000 CALL DEFINED 01 250,000 0 0
PROGENICS PHARMACEUTICALS IN COM 743187106 4,025 1,350,558 SH DEFINED 01 1,350,558 0 0
QUESTCOR PHARMACEUTICALS INC COM 74835Y101 132,345 4,953,023 SH DEFINED 01 4,953,023 0 0
REPROS THERAPEUTICS INC COM NEW 76028H209 3,150 200,000 SH DEFINED 01 200,000 0 0
RIGEL PHARMACEUTICALS INC COM NEW 766559603 30,011 4,617,084 SH DEFINED 01 4,617,084 0 0
ROCKWELL MED INC COM 774374102 2,036 252,938 SH DEFINED 01 252,938 0 0
SAGENT PHARMACEUTICALS INC COM 786692103 34,587 2,149,582 SH DEFINED 01 2,149,582 0 0
SANTARUS INC COM 802817304 1,998 181,978 SH DEFINED 01 181,978 0 0
SAREPTA THERAPEUTICS INC COM 803607100 19,483 755,158 SH DEFINED 01 755,158 0 0
SOLTA MED INC COM 83438K103 1,736 650,000 SH DEFINED 01 650,000 0 0
SOMAXON PHARMACEUTICALS INC COM NEW 834453201 3,409 1,117,592 SH DEFINED 01 1,117,592 0 0
ST JUDE MED INC COM 790849103 28,912 800,000 CALL DEFINED 01 800,000 0 0
TEAM HEALTH HOLDINGS INC COM 87817A107 944 32,800 SH DEFINED 01 32,800 0 0
TESARO INC COM 881569107 4,453 262,726 SH DEFINED 01 262,726 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 35,988 963,798 SH DEFINED 01 963,798 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 26,138 700,000 CALL DEFINED 01 700,000 0 0
TORNIER N V SHS N87237108 11,761 700,457 SH DEFINED 01 700,457 0 0
UNIVERSAL AMERN CORP NEW COM 91338E101 16,747 1,949,628 SH DEFINED 01 1,949,628 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 19,292 399,000 SH DEFINED 01 399,000 0 0
VANGUARD HEALTH SYS INC COM 922036207 1,531 125,000 SH DEFINED 01 125,000 0 0
WALGREEN CO COM 931422109 31,459 850,000 CALL DEFINED 01 850,000 0 0
WARNER CHILCOTT PLC IRELAND SHS A G94368100 10,867 902,600 SH DEFINED 01 902,600 0 0
XENOPORT INC COM 98411C100 20,871 2,686,064 SH DEFINED 01 2,686,064 0 0
YM BIOSCIENCES INC COM 984238105 4,466 1,556,200 SH DEFINED 01 1,556,200 0 0
ZOGENIX INC COM 98978L105 1,338 1,005,800 SH DEFINED 01 1,005,800 0 0