-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TNjfHjAuPHEFB5NBvkoQSLKDBXW05p+ECUTn0DNROY1M7nOLjA8jkpzBiHlW9jiC 6kbQDKU40C8rDS6ZCnIJow== 0000950159-08-001732.txt : 20081114 0000950159-08-001732.hdr.sgml : 20081114 20081114161319 ACCESSION NUMBER: 0000950159-08-001732 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080930 FILED AS OF DATE: 20081114 DATE AS OF CHANGE: 20081114 EFFECTIVENESS DATE: 20081114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEERFIELD MANAGEMENT CO /NY CENTRAL INDEX KEY: 0001009258 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05366 FILM NUMBER: 081191477 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 deerfield13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2008 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 form. Person Signing this Report on Behalf of Reporting Manager: Name: Flynn Management LLC, its general partner Name: James E. Flynn Title: Managing Member Phone: 212-551-1600 Signature, Place, and Date of Signing: /s/ James E. Flynn New York, NY 11/14/08 - ------------------- --------------- ------------- [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 is reported in this report and a portion is reported by other reporting manager(s).)
TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- -------- ------ -------- ------ ---- ALPHARMA INC CL A COM STK COM 020813101 41,420 1,122,800 SH DEFINED 01 1,122,800 ALPHARMA INC CL A COM STK COM 020813101 2,118 57,400 CALL DEFINED 01 57,400 ALPHARMA INC SR UNS CONV 2.125 NOTE 2.125% 3/1 020813AH4 1,229 943,000 SH DEFINED 01 943,000 AMAG PHARMACEUTICALS COM STK COM 00163U106 15,866 409,662 SH DEFINED 01 409,662 AMERICAN MEDICAL SYS TEMS HOLD COM 02744M108 6,629 373,261 SH DEFINED 01 373,261 AMERISOURCEBERGEN CORP COM STK COM 03073E105 13,405 356,043 SH DEFINED 01 356,043 AMICAS INC COM 001712108 4,253 1,750,000 SH DEFINED 01 1,750,000 ANADYS PHARMACEUTICA LS INC CO COM 03252Q408 9,528 3,595,492 SH DEFINED 01 3,595,492 ANGIOTECH PHARMACEUT ICALS INC COM 034918102 851 1,077,187 SH DEFINED 01 1,077,187 AP PHARMA INC COM STK COM 00202J203 1,403 1,871,197 SH DEFINED 01 1,871,197 ARADIGM CORP COM STK COM 038505301 1,545 3,962,750 SH DEFINED 01 3,962,750 ARDEA BIOSCIENCES IN COM COM 03969P107 4,741 342,800 SH DEFINED 01 342,800 ARENA PHARMACEUTICAL S INC COM COM 040047102 32,662 6,532,448 SH DEFINED 01 6,532,448 ARRAY BIOPHARMA INC COM STK COM 04269X105 36,479 4,749,846 SH DEFINED 01 4,749,846 ASTRAZENECA PLC ADR ADR 046353108 11,168 254,523 SH DEFINED 01 254,523 BIOSPHERE MED INC COM STK COM 09066V103 3,508 995,340 SH DEFINED 01 995,340 BIOVAIL CORP COM STK COM 09067J109 23,985 2,455,000 SH DEFINED 01 2,455,000 BRISTOL MYERS SQUIBB CO COM S COM 110122108 10,425 500,000 SH DEFINED 01 500,000 BROOKDALE SR LIVING INC COM ST COM 112463104 2,749 125,000 SH DEFINED 01 125,000 CAPITAL SR LIVING CO RP COM ST COM 140475104 111 14,600 SH DEFINED 01 14,600 CARDINAL HEALTH INC COM COM 14149Y108 52,454 1,064,400 SH DEFINED 01 1,064,400 CELGENE CORP COM STK COM 151020104 21,870 345,603 SH DEFINED 01 345,603 CIGNA CORP COM STK COM 125509109 12,743 375,000 SH DEFINED 01 375,000 COMBINATORX INC COM COM 20010A103 997 308,800 SH DEFINED 01 308,800 CUBIST PHARMACEUTICA LS INC CO COM 229678107 45,513 2,047,368 SH DEFINED 01 2,047,368 CV THERAPEUTICS INC COM STK COM 126667104 27,540 2,550,000 SH DEFINED 01 2,550,000 CYCLACEL PHARMACEUTI CALS INC COM 23254L108 2,552 2,126,578 SH DEFINED 01 2,126,578 CYTOKINETICS INC COM STK COM 23282W100 5,525 1,165,700 SH DEFINED 01 1,165,700 DAVITA INC COM STK COM 23918K108 28,505 500,000 SH DEFINED 01 500,000 DEXCOM INC COM STK COM 252131107 4,717 762,100 SH DEFINED 01 762,100 DIALYSIS CORP OF AMERICA COM 252529102 4,294 546,960 SH DEFINED 01 546,960 DUSA PHARMACEUTICALS INC COM COM 266898105 2,730 2,373,813 SH DEFINED 01 2,373,813 DYNAVAX TECHS COM 268158102 6,889 4,851,538 SH DEFINED 01 4,851,538 ELAN CORP PLC ADR COM 284131208 16,005 1,500,000 CALL DEFINED 01 1,500,000 ELI LILLY & CO COM STK COM 532457108 14,790 335,900 SH DEFINED 01 335,900 EMAGEON INC COM COM 29076V109 5,269 2,428,000 SH DEFINED 01 2,428,000 EMERGENCY MEDICAL SV CS CORP C COM 29100P102 17,205 575,801 SH DEFINED 01 575,801 EXELIXIS INC COM STK COM 30161Q104 20,738 3,410,782 SH DEFINED 01 3,410,782 FAMILYMEDS GROUP INC COM 30706T209 24 219,151 SH DEFINED 01 219,151 FIVE STAR QUALITY CA RE INC CO COM 33832D106 4,798 1,279,350 SH DEFINED 01 1,279,350 GENELABS TECHNOLOGIE S INC COM COM 368706206 311 723,421 SH DEFINED 01 723,421 GENENTECH INC COM STK COM 368710406 35,472 400,000 SH DEFINED 01 400,000 GENENTECH INC COM STK COM 368710406 17,736 200,000 CALL DEFINED 01 200,000 GENTIUM SPA SPOND ADR ADR 37250B104 137 84,685 SH DEFINED 01 84,685 GILEAD SCIENCES INC COM STK COM 375558103 4,923 107,888 SH DEFINED 01 107,888 HANA BIOSCIENCES INC COM STK COM 40963P105 1,707 2,844,800 SH DEFINED 01 2,844,800 HI-TECH PHARMACAL IN C COM STK COM 42840B101 2,811 286,203 SH DEFINED 01 286,203 HOLOGIC INC COM STK COM 436440101 25,943 1,342,130 SH DEFINED 01 1,342,130 HUMANA INC COM STK COM 444859102 17,114 415,400 CALL DEFINED 01 415,400 INFINITY PHARMACEUTI CALS INC COM 45665G303 2,243 289,361 SH DEFINED 01 289,361 INSPIRE PHARMACEUTIC ALS INC C COM 457733103 16,477 4,615,455 SH DEFINED 01 4,615,455 INTERMUNE INC COM STK COM 45884X103 38,618 2,257,014 SH DEFINED 01 2,257,014 ISTA PHARMACEUTICALS INC COM COM 45031X204 4,885 3,111,479 SH DEFINED 01 3,111,479 JAVELIN PHARMA COM 471894105 1,798 691,485 SH DEFINED 01 691,485 LEXICON PHARMA COM STK COM 528872104 1,013 568,955 SH DEFINED 01 568,955 LIFEPOINT HOSPITALS INC COM ST COM 53219L109 5,142 160,000 PUT DEFINED 01 160,000 MAGELLAN HEALTH SERV ICES INC COM 559079207 28,422 692,197 SH DEFINED 01 692,197 MAKO SURGICAL CORP COM STK COM 560879108 2,519 347,390 SH DEFINED 01 347,390 MANNKIND CORP SR UNS CONV 3.75 NOTE 3.750% 12/1 56400PAA0 814 1,500,000 SH DEFINED 01 1,500,000 MCKESSON CORP COM STK COM 58155Q103 18,295 340,000 SH DEFINED 01 340,000 MEDICINES CO COM STK COM 584688105 22,284 959,700 SH DEFINED 01 959,700 MERCK & CO INC COM STK COM 589331107 22,092 700,000 SH DEFINED 01 700,000 NEUROGESX INC COM 641252101 5,509 2,212,517 SH DEFINED 01 2,212,517 NEUROMETRIX INC COM 641255104 1,364 1,350,000 SH DEFINED 01 1,350,000 NITROMED INC COM 654798503 2,542 5,525,345 SH DEFINED 01 5,525,345 NXSTAGE MEDICAL INC COM STK COM 67072V103 16,727 3,963,787 SH DEFINED 01 3,963,787 ONYX PHARMACEUTICALS INC COM COM 683399109 15,718 434,434 SH DEFINED 01 434,434 OPTIMER PHARMACEUTIC ALS INC C COM 68401H104 4,860 611,339 SH DEFINED 01 611,339 PAIN THERAPEUTICS IN C COM STK COM 69562K100 9,770 1,000,000 PUT DEFINED 01 1,000,000 PAR PHARMACEUTICAL C OS INC CO COM 69888P106 36,124 2,939,284 SH DEFINED 01 2,939,284 PENWEST PHARMACEUTIC ALS CO CO COM 709754105 4,284 2,079,650 SH DEFINED 01 2,079,650 PFIZER INC COM COM 717081103 14,291 775,000 SH DEFINED 01 775,000 PHARMANET DEV GROUP COM STK COM 717148100 722 100,000 SH DEFINED 01 100,000 PHARMASSET INC COM 71715N106 15,492 776,548 SH DEFINED 01 776,548 PONIARD PHARMACEUTIC ALS INC C COM 732449301 11,346 2,638,687 SH DEFINED 01 2,638,687 QLT INC COM 746927102 2,792 856,512 SH DEFINED 01 856,512 RADNET INC COM STK COM 750491102 6,958 1,735,117 SH DEFINED 01 1,735,117 RES-CARE INC COM STK COM 760943100 14,370 792,157 SH DEFINED 01 792,157 RIGEL PHARMACEUTICAL S INC COM COM 766559603 55,042 2,357,243 SH DEFINED 01 2,357,243 ROSETTA GENOMICS LTD COM STK COM M82183100 334 127,400 SH DEFINED 01 127,400 SALIX PHARMACEUTICALS COM 795435106 16,342 2,549,436 SH DEFINED 01 2,549,436 SALIX PHARMACEUTICALS COM 795435106 7,865 1,227,000 CALL DEFINED 01 1,227,000 SAVIENT PHARMACEUTIC ALS INC COM 80517Q100 11,242 754,000 PUT DEFINED 01 754,000 SCHEIN HENRY INC COM STK COM 806407102 8,076 150,000 SH DEFINED 01 150,000 SEPRACOR INC COM STK COM 817315104 70,580 3,854,712 SH DEFINED 01 3,854,712 SEPRACOR INC COM STK COM 817315104 9,155 500,000 CALL DEFINED 01 500,000 SOMANETICS CORP COM STK COM 834445405 2,693 123,114 SH DEFINED 01 123,114 SPECTRANETICS CORP COM STK COM 84760C107 4,191 905,200 SH DEFINED 01 905,200 ST JUDE MED INC COM STK COM 790849103 23,702 545,000 SH DEFINED 01 545,000 SUNESIS PHARMACEUTIC ALS INC C COM 867328502 1,582 1,665,010 SH DEFINED 01 1,665,010 SUPERGEN INC COM STK COM 868059106 142 100,000 SH DEFINED 01 100,000 THERAVANCE COM 88338T104 17,965 1,441,800 SH DEFINED 01 1,441,800 UNIVERSAL HEALTH SER VICES INC COM 913903100 14,526 259,251 SH DEFINED 01 259,251 VALEANT PHARMACEUTIC ALS INTL COM 91911X104 1,107 54,100 PUT DEFINED 01 54,100 VERTEX PHARM SENIOR SUB CONV NOTE 4.750% 2/1 92532FAM2 9,004 6,000,000 SH DEFINED 01 6,000,000 VIA PHARMACEUTICALS INC COM ST COM 92554T103 2,304 1,969,593 SH DEFINED 01 1,969,593 VNUS MEDICAL TECHNOL OGIES INC COM 928566108 8,904 425,401 SH DEFINED 01 425,401 WYETH SHS COM 983024100 27,764 751,600 SH DEFINED 01 751,600 ZYMOGENETICS INC COM STK COM 98985T109 33,378 5,011,649 SH DEFINED 01 5,011,649 99 1,278,756
FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 99 Form 13F Information Table Value Total: $1,278,756 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name 01 28-11827 Flynn Management LLC -----END PRIVACY-ENHANCED MESSAGE-----