0001140361-12-036762.txt : 20120814
0001140361-12-036762.hdr.sgml : 20120814
20120814103619
ACCESSION NUMBER: 0001140361-12-036762
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120630
FILED AS OF DATE: 20120814
DATE AS OF CHANGE: 20120814
EFFECTIVENESS DATE: 20120814
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: 121030238
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: 6/30/2012
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 8/14/2012
--------------------------------- --------------------------------- ----------
[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: 104
Form 13F Information Table Value Total: $ 1,812,211
--------------
(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
------------------------------ --------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ----
AASTROM BIOSCIENCES INC COM NEW 00253U305 1194 555556 SH DEFINED 01 555556 0 0
ACELRX PHARMACEUTICALS INC COM 00444T100 5175 1592233 SH DEFINED 01 1592233 0 0
ACHILLION PHARMACEUTICALS IN COM 00448Q201 496 80000 SH DEFINED 01 80000 0 0
AEGERION PHARMACEUTICALS INC COM 00767E102 284 19126 SH DEFINED 01 19126 0 0
AETNA INC NEW COM 00817Y108 11041 284774 SH DEFINED 01 284774 0 0
ALERE INC NOTE 3.000% 5/1 01449JAA3 2244 2500000 PRN DEFINED 01 2500000 0 0
ALKERMES PLC SHS G01767105 88200 5197385 SH DEFINED 01 5197385 0 0
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 21860 2000000 SH DEFINED 01 2000000 0 0
AMYLIN PHARMACEUTICALS INC NOTE 3.000% 6/1 032346AF5 138683 136131000 PRN DEFINED 01 136131000 0 0
AMYLIN PHARMACEUTICA LS INC CO COM 032346108 12887 457000 SH DEFINED 01 457000 0 0
ANGIODYNAMICS INC COM 03475V101 25210 2099066 SH DEFINED 01 2099066 0 0
ANTARES PHARMA INC COM 036642106 752 207240 SH DEFINED 01 207240 0 0
ANTHERA PHARMACEUTICALS INC COM 03674U102 912 1348288 SH DEFINED 01 1348288 0 0
ARQULE INC COM 04269E107 6094 1027600 SH DEFINED 01 1027600 0 0
ARRAY BIOPHARMA INC COM 04269X105 20653 5951854 SH DEFINED 01 5951854 0 0
ATHERSYS INC COM 04744L106 255 158597 SH DEFINED 01 158597 0 0
AVANIR PHARMACEUTICALS INC CL A NEW 05348P401 3264 832736 SH DEFINED 01 832736 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 17811 450000 SH DEFINED 01 450000 0 0
BIOMED REALTY TRUST INC COM 09063H107 11703 626500 SH DEFINED 01 626500 0 0
BIOSCRIP INC COM 09069N108 8069 1086000 SH DEFINED 01 1086000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 44406 1247000 SH DEFINED 01 1247000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 8988 250000 CALL DEFINED 01 250000 0 0
BROOKDALE SR LIVING INC NOTE 2.750% 6/1 112463AA2 32589 35000000 PRN DEFINED 01 35000000 0 0
CAPITAL SR LIVING CORP COM 140475104 1484 140000 SH DEFINED 01 140000 0 0
CARDIOVASCULAR SYS INC DEL COM 141619106 5519 563701 SH DEFINED 01 563701 0 0
CEMPRA INC COM 15130J109 9826 1049765 SH DEFINED 01 1049765 0 0
CENTENE CORP DEL COM 15135B101 38897 1289694 SH DEFINED 01 1289694 0 0
CHARLES RIV LABS INTL INC NOTE 2.250% 6/1 159864AB3 25063 25000000 PRN DEFINED 01 25000000 0 0
CHELSEA THERAPEUTICS INTL LT COM 163428105 1715 1159077 SH DEFINED 01 1159077 0 0
CHEMED CORP NEW NOTE 1.875% 5/1 16359RAC7 21072 21019000 PRN DEFINED 01 21019000 0 0
CIGNA CORPORATION COM 125509109 10868 247000 SH DEFINED 01 247000 0 0
CONCEPTUS INC COM 206016107 1737 87661 SH DEFINED 01 87661 0 0
CONMED CORP COM 207410101 16339 590484 SH DEFINED 01 590484 0 0
CORCEPT THERAPEUTICS INC COM 218352102 2425 540000 SH DEFINED 01 540000 0 0
CYTOKINETICS INC COM 23282W100 4582 7160036 SH DEFINED 01 3510036 0 0
DENDREON CORP NOTE 2.875% 1/1 24823QAC1 21545 31000000 PRN DEFINED 01 31000000 0 0
DEPOMED INC COM 249908104 6010 1056280 SH DEFINED 01 1056280 0 0
DERMA SCIENCES INC COM PAR $.01 249827502 380 39871 SH DEFINED 01 39871 0 0
DUSA PHARMACEUTICALS INC COM 266898105 4762 912241 SH DEFINED 01 912241 0 0
EHEALTH INC COM 28238P109 5838 362361 SH DEFINED 01 362361 0 0
ELAN PLC ADR 284131208 639 43801 SH DEFINED 01 43801 0 0
FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 19067 4333475 SH DEFINED 01 1259367 0 0
FOREST LABS INC COM 345838106 56605 1617746 SH DEFINED 01 1617746 0 0
GILEAD SCIENCES INC COM 375558103 5551 108250 SH DEFINED 01 108250 0 0
GREATBATCH INC SDCV 2.250% 6/1 39153LAB2 9913 10000000 PRN DEFINED 01 10000000 0 0
HALOZYME THERAPEUTICS INC COM 40637H109 33093 3735051 SH DEFINED 01 3735051 0 0
HEALTH MGMT ASSOC INC NEW CL A 421933102 7897 1006000 SH DEFINED 01 1006000 0 0
HEARTWARE INTL INC NOTE 3.500%12/1 422368AA8 32513 27400000 PRN DEFINED 01 27400000 0 0
HI-TECH PHARMACAL INC COM 42840B101 1361 42000 SH DEFINED 01 42000 0 0
HOLOGIC INC COM 436440101 4961 275000 SH DEFINED 01 275000 0 0
HOLOGIC INC DEBT 2.000% 3/0 436440AC5 44012 47516000 PRN DEFINED 01 47516000 0 0
ICAD INC COM 44934S107 82 177324 SH DEFINED 01 177324 0 0
IMPAX LABORATORIES INC COM 45256B101 507 25000 SH DEFINED 01 25000 0 0
INTERMUNE INC COM 45884X103 5975 500000 SH DEFINED 01 500000 0 0
INTERMUNE INC NOTE 2.500% 9/1 45884XAE3 33048 41570000 PRN DEFINED 01 41570000 0 0
MAGELLAN HEALTH SVCS INC COM NEW 559079207 57469 1267789 SH DEFINED 01 1267789 0 0
MAP PHARMACEUTICALS INC COM 56509R108 17154 1147425 SH DEFINED 01 1147425 0 0
MEDICINES CO COM 584688105 23774 1036356 SH DEFINED 01 1036356 0 0
MEDIVATION INC COM 58501N101 8692 95094 SH DEFINED 01 95094 0 0
MERCK & CO INC NEW COM 58933Y105 39663 950000 CALL DEFINED 01 950000 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 10786 781000 SH DEFINED 01 781000 0 0
METROPOLITAN HEALTH NETWORKS COM 592142103 4785 500000 SH DEFINED 01 500000 0 0
MOLINA HEALTHCARE INC NOTE 3.750%10/0 60855RAA8 5320 4825000 PRN DEFINED 01 4825000 0 0
MOLINA HEALTHCARE INC COM 60855R100 36205 1543259 SH DEFINED 01 1543259 0 0
NATUS MEDICAL INC DEL COM 639050103 20061 1726400 SH DEFINED 01 1726400 0 0
NEKTAR THERAPEUTICS NOTE 3.250% 9/2 640268AH1 42654 42548000 PRN DEFINED 01 42548000 0 0
NOVADAQ TECHNOLOGIES INC COM 66987G102 4778 702575 SH DEFINED 01 702575 0 0
NPS PHARMACEUTICALS INC COM 62936P103 9934 1153812 SH DEFINED 01 1153812 0 0
NUVASIVE INC NOTE 2.250% 3/1 670704AB1 41844 40235000 PRN DEFINED 01 40235000 0 0
NUVASIVE INC NOTE 2.750% 7/0 670704AC9 40140 40700000 PRN DEFINED 01 40700000 0 0
NXSTAGE MEDICAL INC COM 67072V103 60184 3590913 SH DEFINED 01 3590913 0 0
ONCOTHYREON INC COM 682324108 3992 853074 SH DEFINED 01 853074 0 0
OREXIGEN THERAPEUTICS INC COM 686164104 554 100000 SH DEFINED 01 100000 0 0
PACIFIC BIOSCIENCES CALIF IN COM 69404D108 9138 4211176 SH DEFINED 01 4211176 0 0
PALATIN TECHNOLOGIES INC COM PAR $ .01 696077403 1511 3022103 SH DEFINED 01 3022103 0 0
PFIZER INC COM 717081103 48530 2110000 SH DEFINED 01 2110000 0 0
PFIZER INC COM 717081103 17250 750000 CALL DEFINED 01 750000 0 0
PHARMACYCLICS INC COM 716933106 11683 213938 SH DEFINED 01 213938 0 0
QUESTCOR PHARMACEUTICALS INC COM 74835Y101 7986 150000 PUT DEFINED 01 150000 0 0
REGENERON PHARMACEUTICALS COM 75886F107 1432 12536 SH DEFINED 01 12536 0 0
RIGEL PHARMACEUTICALS INC COM NEW 766559603 63480 6825780 SH DEFINED 01 6825780 0 0
RITE AID CORP COM 767754104 319 227968 SH DEFINED 01 227968 0 0
ROCKWELL MEDICAL TECH COM 774374102 12448 1337102 SH DEFINED 01 1337102 0 0
SALIX PHARMACEUTICALS INC COM 795435106 29717 545862 SH DEFINED 01 545862 0 0
ST JUDE MED INC COM 790849103 45897 1150000 SH DEFINED 01 1150000 0 0
ST JUDE MED INC COM 790849103 5986 150000 CALL DEFINED 01 150000 0 0
SUCAMPO PHARMACEUTICALS INC CL A 864909106 4921 700000 SH DEFINED 01 700000 0 0
TENET HEALTHCARE CORP COM 88033G100 478 91300 SH DEFINED 01 91300 0 0
TENGION INC COM NEW 88034G208 313 106006 SH DEFINED 01 106006 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 42548 1078798 SH DEFINED 01 1078798 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 27608 700000 CALL DEFINED 01 700000 0 0
TRANSCEPT PHARMACEUTICALS IN COM 89354M106 679 109494 SH DEFINED 01 109494 0 0
UNITEDHEALTH GROUP INC COM 91324P102 12203 208600 SH DEFINED 01 208600 0 0
UNIVERSAL AMERN CORP NEW COM 91338E101 18364 1743948 SH DEFINED 01 1743948 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 28054 650000 SH DEFINED 01 650000 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 2276 50808 SH DEFINED 01 50808 0 0
VIROPHARMA INC COM 928241108 13391 565000 SH DEFINED 01 565000 0 0
VIVUS INC COM 928551100 2854 100000 CALL DEFINED 01 100000 0 0
VIVUS INC COM 928551100 2854 100000 PUT DEFINED 01 100000 0 0
WALGREEN CO COM 931422109 21002 710000 SH DEFINED 01 710000 0 0
WALGREEN CO COM 931422109 36975 1250000 CALL DEFINED 01 1250000 0 0
WARNER CHILCOTT PLC IRELAND SHS A G94368100 1244 69400 SH DEFINED 01 69400 0 0
WELLPOINT INC COM 94973V107 10844 170000 SH DEFINED 01 170000 0 0
YM BIOSCIENCES INC COM 984238105 6181 3105849 SH DEFINED 01 3105849 0 0