0001140361-12-025164.txt : 20120515
0001140361-12-025164.hdr.sgml : 20120515
20120515111913
ACCESSION NUMBER: 0001140361-12-025164
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120331
FILED AS OF DATE: 20120515
DATE AS OF CHANGE: 20120515
EFFECTIVENESS DATE: 20120515
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: 12842120
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: 3/31/2012
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 5/15/2012
--------------------------------- --------------------------------- ----------
[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: 103
Form 13F Information Table Value Total: $ 1,907,134
--------------
(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
---------------------------- --------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ----
ACELRX PHARMACEUTICALS INC COM 00444T100 1522 436085 SH DEFINED 01 436085 0 0
AETNA INC NEW COM 00817Y108 21362 425870 SH DEFINED 01 425870 0 0
ALERE INC NOTE 3.000% 5/1 01449JAA3 2509 2500000 PRN DEFINED 01 2500000 0 0
ALKERMES PLC SHS G01767105 96294 5191063 SH DEFINED 01 5191063 0 0
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 25979 1565000 SH DEFINED 01 1565000 0 0
AMARIN CORP PLC SPONS ADR NEW 023111206 3616 319456 SH DEFINED 01 319456 0 0
AMYLIN PHARMACEUTICALS INC NOTE 3.000% 6/1 032346AF5 193375 193803000 PRN DEFINED 01 193803000 0 0
AMYLIN PHARMACEUTICALS INC COM 032346108 40679 1629754 SH DEFINED 01 1629754 0 0
ANGIODYNAMICS INC COM 03475V101 25714 2099066 SH DEFINED 01 2099066 0 0
ANTARES PHARMA INC COM 036642106 669 207240 SH DEFINED 01 207240 0 0
ANTHERA PHARMACEUTICALS INC COM 03674U102 3184 1440645 SH DEFINED 01 1440645 0 0
ARDEA BIOSCIENCES INC COM 03969P107 19227 883589 SH DEFINED 01 883589 0 0
ARRAY BIOPHARMA INC COM 04269X105 26339 7735288 SH DEFINED 01 7735288 0 0
ATHERSYS INC COM 04744L106 374 241546 SH DEFINED 01 241546 0 0
AVANIR PHARMACEUTICALS INC CL A NEW 05348P401 4387 1282736 SH DEFINED 01 1282736 0 0
BIOGEN IDEC INC COM 09062X103 315 2500 SH DEFINED 01 2500 0 0
BIOLASE TECHNOLOGY INC COM 090911108 769 283733 SH DEFINED 01 283733 0 0
BIOSCRIP INC COM 09069N108 7374 1086000 SH DEFINED 01 1086000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 78618 2353138 SH DEFINED 01 789500 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 8438 250000 CALL DEFINED 01 250000 0 0
BROOKDALE SR LIVING INC NOTE 2.750% 6/1 112463AA2 25390 27034000 PRN DEFINED 01 27034000 0 0
BSD MED CORP DEL COM 055662100 56 27322 SH DEFINED 01 27322 0 0
CAPITAL SR LIVING CORP COM 140475104 1940 210000 SH DEFINED 01 210000 0 0
CARDIOVASCULAR SYS INC DEL COM 141619106 6835 738927 SH DEFINED 01 738927 0 0
CEMPRA INC COM 15130J109 8185 1084129 SH DEFINED 01 1084129 0 0
CHARLES RIV LABS INTL INC NOTE 2.250% 6/1 159864AB3 25299 25000000 PRN DEFINED 01 25000000 0 0
CHELSEA THERAPEUTICS INTL LT COM 163428105 789 308343 SH DEFINED 01 308343 0 0
CHEMED CORP NEW NOTE 1.875% 5/1 16359RAC7 21514 21019000 PRN DEFINED 01 21019000 0 0
CONMED CORP COM 207410101 12261 410484 SH DEFINED 01 410484 0 0
CORCEPT THERAPEUTICS INC COM 218352102 2122 540000 SH DEFINED 01 540000 0 0
CVS CAREMARK CORPORATION COM 126650100 17257 385200 SH DEFINED 01 385200 0 0
CYTOKINETICS INC COM 23282W100 7052 6132051 SH DEFINED 01 2482051 0 0
DEPOMED INC COM 249908104 2220 354638 SH DEFINED 01 354638 0 0
DISCOVERY LABORATORIES INC N COM 254668403 1646 614273 SH DEFINED 01 614273 0 0
DUSA PHARMACEUTICALS INC COM 266898105 5711 912241 SH DEFINED 01 912241 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 1818 25000 SH DEFINED 01 25000 0 0
ELAN PLC ADR 284131208 339 22601 SH DEFINED 01 22601 0 0
EXELIXIS INC COM 30161Q104 1268 244700 SH DEFINED 01 244700 0 0
EXPRESS SCRIPTS INC COM 302182100 38305 707000 SH DEFINED 01 707000 0 0
EXPRESS SCRIPTS INC COM 302182100 2579 47600 CALL DEFINED 01 47600 0 0
FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 22231 4333475 SH DEFINED 01 1259367 0 0
FOREST LABS INC COM 345838106 54298 1565246 SH DEFINED 01 1565246 0 0
GILEAD SCIENCES INC COM 375558103 21156 433000 SH DEFINED 01 433000 0 0
GREATBATCH INC SDCV 2.250% 6/1 39153LAB2 10013 10000000 PRN DEFINED 01 10000000 0 0
HALOZYME THERAPEUTICS INC COM 40637H109 51705 4052100 SH DEFINED 01 4052100 0 0
HALOZYME THERAPEUTICS INC COM 40637H109 4826 378200 PUT DEFINED 01 378200 0 0
HEALTH MGMT ASSOC INC NEW CL A 421933102 21833 3249000 SH DEFINED 01 3249000 0 0
HEARTWARE INTL INC NOTE 3.500%12/1 422368AA8 28544 27400000 PRN DEFINED 01 27400000 0 0
HILL ROM HLDGS INC COM 431475102 10357 310000 SH DEFINED 01 310000 0 0
HMS HLDGS CORP COM 40425J101 478 15300 SH DEFINED 01 15300 0 0
HOLOGIC INC DEBT 2.000% 3/0 436440AC5 27328 27500000 PRN DEFINED 01 27500000 0 0
INCYTE CORP COM 45337C102 6273 325000 SH DEFINED 01 325000 0 0
INTERMUNE INC NOTE 2.500% 9/1 45884XAE3 35698 41570000 PRN DEFINED 01 41570000 0 0
MAGELLAN HEALTH SVCS INC COM NEW 559079207 22598 462989 SH DEFINED 01 462989 0 0
MAP PHARMACEUTICALS INC COM 56509R108 14759 1027817 SH DEFINED 01 1027817 0 0
MAP PHARMACEUTICALS INC COM 56509R108 3590 250000 CALL DEFINED 01 250000 0 0
MAP PHARMACEUTICALS INC COM 56509R108 3590 250000 PUT DEFINED 01 250000 0 0
MEDICINES CO COM 584688105 20800 1036356 SH DEFINED 01 1036356 0 0
MEDIVATION INC COM 58501N101 45666 611163 SH DEFINED 01 611163 0 0
MERCK & CO INC NEW COM 58933Y105 36480 950000 CALL DEFINED 01 750000 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
---------------------------- --------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ----
MERIT MED SYS INC COM 589889104 19688 1585154 SH DEFINED 01 1585154 0 0
METROPOLITAN HEALTH NETWORKS COM 592142103 4685 500000 SH DEFINED 01 500000 0 0
MOLINA HEALTHCARE INC COM 60855R100 22700 675000 SH DEFINED 01 675000 0 0
NATUS MEDICAL INC DEL COM 639050103 23201 1944793 SH DEFINED 01 1944793 0 0
NEKTAR THERAPEUTICS NOTE 3.250% 9/2 640268AH1 42654 42548000 PRN DEFINED 01 42548000 0 0
NEUROMETRIX INC COM 641255203 29 39146 SH DEFINED 01 39146 0 0
NEWLINK GENETICS CORP COM 651511107 2516 275000 SH DEFINED 01 275000 0 0
NOVADAQ TECHNOLOGIES INC COM 66987G102 3292 502575 SH DEFINED 01 502575 0 0
NPS PHARMACEUTICALS INC COM 62936P103 3904 570778 SH DEFINED 01 570778 0 0
NUVASIVE INC NOTE 2.250% 3/1 670704AB1 39732 40235000 SH DEFINED 01 40235000 0 0
NUVASIVE INC NOTE 2.750% 7/0 670704AC9 35115 40700000 SH DEFINED 01 40700000 0 0
NXSTAGE MEDICAL INC COM 67072V103 34319 1780957 SH DEFINED 01 1780957 0 0
ONCOTHYREON INC COM 682324108 6540 1500000 SH DEFINED 01 1500000 0 0
ONYX PHARMACEUTICALS INC NOTE 4.000% 8/1 683399AB5 63343 50333000 PRN DEFINED 01 50333000 0 0
OREXIGEN THERAPEUTICS INC COM 686164104 2486 606250 SH DEFINED 01 606250 0 0
PACIFIC BIOSCIENCES CALIF IN COM 69404D108 6915 2021937 SH DEFINED 01 2021937 0 0
PALATIN TECHNOLOGIES INC COM PAR $ .01 696077403 2206 3022103 SH DEFINED 01 3022103 0 0
PAR PHARMACEUTICAL COS INC COM 69888P106 18978 490000 SH DEFINED 01 490000 0 0
PFIZER INC COM 717081103 50045 2210000 SH DEFINED 01 2210000 0 0
PFIZER INC COM 717081103 33968 1500000 CALL DEFINED 01 750000 0 0
PROTALIX BIOTHERAPEUTICS INC COM 74365A101 558 87567 SH DEFINED 01 87567 0 0
QUESTCOR PHARMACEUTICALS INC COM 74835Y101 5643 150000 PUT DEFINED 01 150000 0 0
REGENERON PHARMACEUTICALS COM 75886F107 700 6000 SH DEFINED 01 6000 0 0
RIGEL PHARMACEUTICALS INC COM 766559603 54143 6725780 SH DEFINED 01 6725780 0 0
RITE AID CORP COM 767754104 737 423306 SH DEFINED 01 423306 0 0
ROCKWELL MEDICAL TECH COM 774374102 12649 1337102 SH DEFINED 01 1337102 0 0
SALIX PHARMACEUTICALS INC COM 795435106 23101 440020 SH DEFINED 01 440020 0 0
SANTARUS INC COM 802817304 4271 730000 SH DEFINED 01 730000 0 0
SHIRE PLC SPONSORED ADR 82481R106 14264 150542 SH DEFINED 01 150542 0 0
ST JUDE MED INC COM 790849103 22953 518000 SH DEFINED 01 518000 0 0
ST JUDE MED INC COM 790849103 6647 150000 CALL DEFINED 01 150000 0 0
STRYKER CORP COM 863667101 416 7500 SH DEFINED 01 7500 0 0
TENET HEALTHCARE CORP COM 88033G100 16461 3100000 SH DEFINED 01 3100000 0 0
TENGION INC COM 88034G109 591 1060070 SH DEFINED 01 1060070 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 31925 708500 SH DEFINED 01 708500 0 0
TRANSCEPT PHARMACEUTICALS IN COM 89354M106 1347 128034 SH DEFINED 01 128034 0 0
UNIVERSAL AMERN CORP NEW COM 91338E101 4525 419767 SH DEFINED 01 419767 0 0
UNIVERSAL HLTH SVCS INC COM 913903100 41198 983000 SH DEFINED 01 983000 0 0
VIVUS INC COM STK COM 928551100 16770 750000 PUT DEFINED 01 500000 0 0
WALGREEN CO COM 931422109 22103 660000 SH DEFINED 01 660000 0 0
WELLPOINT INC COM 94973V107 18081 245000 SH DEFINED 01 245000 0 0
YM BIOSCIENCES INC COM 984238105 5861 3150862 SH DEFINED 01 3150862 0 0
ZIMMER HLDGS INC COM 98956P102 321 5000 SH DEFINED 01 5000 0 0