-----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, LQdCWCPKga9JIRn8sMkGes9Zm+gPsXDII0YVxsr1jbt6QyP6u5/J5u9426AQqjZ8 iuLtIO48clixaVMxLr1Lcw== 0000950159-10-000737.txt : 20100811 0000950159-10-000737.hdr.sgml : 20100811 20100811094406 ACCESSION NUMBER: 0000950159-10-000737 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100630 FILED AS OF DATE: 20100811 DATE AS OF CHANGE: 20100811 EFFECTIVENESS DATE: 20100811 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: 101006731 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 DEERFIELD MANAGEMENT COMPANY, LP 13F HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2010 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 8/11/2010 - ------------------ ------------ --------- [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 PRNCALL DISCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- -------- -------- ------- ------ ----- ----- ALKERMES INC COM 01642T108 12,629 1,014,369 SH DEFINED 01 1,014,369 ALPHATEC HOLDINGS INC COM 02081G102 3,712 800,000 SH DEFINED 01 800,000 AMERICAN DENTAL PARTNERS COM 025353103 3,664 302,553 SH DEFINED 01 302,553 AMERISOURCEBERGEN CORP COM 03073E105 25,400 800,000 SH DEFINED 01 800,000 AMYLIN PHARMACEUTICALS INC NOTE 2.500% 4/1 032346AD0 15,700 16,000,000 PRN DEFINED 01 16,000,000 ANGIODYNAMICS INC COM 03475V101 1,509 102,333 SH DEFINED 01 102,333 ANIMAL HEALTH INTL INC COM 03525N109 2,052 830,921 SH DEFINED 01 830,921 ANTARES PHARMA INC COM 036642106 5,855 3,326,930 SH DEFINED 01 3,326,930 ANTHERA PHARMACEUTICALS INC COM 03674U102 2,814 525,000 SH DEFINED 01 525,000 ARDEA BIOSCIENCES INC COM 03969P107 7,772 377,995 SH DEFINED 01 377,995 ARENA PHARMACEUTICALS INC COM 040047102 22,086 7,194,196 SH DEFINED 01 7,194,196 ARENA PHARMACEUTICALS INC COM 040047102 7,368 2,400,000 PUT DEFINED 01 2,400,000 ARRAY BIOPHARMA INC COM 04269X105 14,023 4,597,846 SH DEFINED 01 4,597,846 BECKMAN COULTER INC COM 075811109 17,183 285,000 SH DEFINED 01 285,000 BIOSANTE PHARMACEUTICALS INC COM NEW 09065V203 3,305 1,877,880 SH DEFINED 01 1,877,880 BIOSPHERE MEDICAL INC COM 09066V103 7,631 1,766,526 SH DEFINED 01 1,766,526 BRISTOL MYERS SQUIBB CO COM 110122108 19,467 1,880,558 SH DEFINED 01 1,880,558 BROOKDALE SR LIVING INC COM 112463104 4,500 300,000 SH DEFINED 01 300,000 CAPITAL SR LIVING CORP COM 140475104 1,359 273,451 SH DEFINED 01 273,451 CARDINAL HEALTH INC COM 14149Y108 6,722 200,000 SH DEFINED 01 200,000 CELGENE CORP COM 151020104 2,541 50,000 SH DEFINED 01 50,000 CENTENE CORP DEL COM 15135B101 16,541 769,332 SH DEFINED 01 769,332 CHELSEA THERAPEUTICS INTL LT COM 163428105 2,703 922,650 SH DEFINED 01 922,650 CHELSEA THERAPEUTICS INTL LT COM 163428105 244 83,400 PUT DEFINED 01 83,400 CIGNA CORP COM 125509109 18,636 600,000 CALL DEFINED 01 600,000 CLINICAL DATA INC NEW COM 18725U109 203 16,324 SH DEFINED 01 16,324 CONCEPTUS INC SR UNS CONV 2.25 NOTE 2.250% 2/1 206016AA5 11,128 12,645,000 PRN DEFINED 01 12,645,000 CONMED CORP NOTE 2.500%11/1 207410AD3 27,323 28,388,000 PRN DEFINED 01 28,388,000 CUBIST PHARMACEUTICALS INC NOTE 2.250% 6/1 229678AC1 2,828 3,000,000 PRN DEFINED 01 3,000,000 CVS CAREMARK CORPORATION COM 126650100 31,519 1,075,000 SH DEFINED 01 1,075,000 CVS CAREMARK CORPORATION COM 126650100 7,330 250,000 CALL DEFINED 01 250,000 CYTOKINETICS INC COM 23282W100 3,118 1,315,700 SH DEFINED 01 1,315,700 DURECT CORP COM 266605104 3,880 1,596,800 SH DEFINED 01 1,596,800 DUSA PHARMACEUTICALS INC COM 266898105 6,486 3,016,965 SH DEFINED 01 3,016,965 ECLIPSYS CORP COM 278856109 5,307 297,500 SH DEFINED 01 297,500 EHEALTH INC COM 28238P109 632 55,598 SH DEFINED 01 55,598 LILLY ELI & CO COM 532457108 24,623 735,000 SH DEFINED 01 735,000 EURAND N V SHS N31010106 12,597 1,300,030 SH DEFINED 01 1,300,030 EXPRESS SCRIPTS INC COM 302182100 21,253 452,000 SH DEFINED 01 452,000 FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 7,233 1,039,208 SH DEFINED 01 1,039,208 FOREST LABS INC COM 345838106 90,204 3,288,500 SH DEFINED 01 3,288,500 GENTIVA HEALTH SERVICES INC COM 37247A102 8,373 310,000 SH DEFINED 01 310,000 GILEAD SCIENCES INC COM 375558103 6,720 196,030 SH DEFINED 01 196,030 GTX INC DEL COM 40052B108 2,767 907,300 CALL DEFINED 01 907,300 HALOZYME THERAPEUTICS INC COM 40637H109 23,612 3,353,956 SH DEFINED 01 3,353,956 HI-TECH PHARMACAL INC COM 42840B101 11,181 488,055 SH DEFINED 01 488,055 HILL ROM HLDGS INC COM 431475102 16,444 540,379 SH DEFINED 01 540,379 HOLOGIC INC FRNT 2.000%12/1 436440AA9 26,578 31,500,000 PRN DEFINED 01 31,500,000 HUMAN GENOME SCIENCES INC COM 444903108 14,606 644,558 SH DEFINED 01 644,558 HUMAN GENOME SCIENCES INC COM 444903108 27,192 1,200,000 PUT DEFINED 01 1,200,000 HUMAN GENOME SCIENCES INC COM 444903108 11,330 500,000 CALL DEFINED 01 500,000 HUMANA INC COM 444859102 24,663 540,000 CALL DEFINED 01 540,000 INSPIRE PHARMACEUTICALS INC COM 457733103 33,348 6,683,051 SH DEFINED 01 6,683,051 INTERMUNE INC COM 45884X103 2,910 311,281 SH DEFINED 01 311,281 INTERMUNE INC COM 45884X103 18,700 2,000,000 CALL DEFINED 01 2,000,000 INTERMUNE INC NOTE 0.250% 3/0 45884XAC7 4,775 5,000,000 PRN DEFINED 01 5,000,000 ISTA PHARMACEUTICALS INC COM NEW 45031X204 7,077 3,231,718 SH DEFINED 01 3,231,718 JAZZ PHARMACEUTICALS INC COM 472147107 3,467 442,767 SH DEFINED 01 442,767 KING PHARMACEUTICALS INC NOTE 1.250% 4/0 495582AJ7 29,145 33,500,000 PRN DEFINED 01 33,500,000 LCA-VISION INC COM PAR $.001 501803308 376 67,863 SH DEFINED 01 67,863 LIFEPOINT HOSPITALS INC COM 53219L109 6,280 200,000 SH DEFINED 01 200,000 MAGELLAN HEALTH SVCS INC COM NEW 559079207 34,415 947,559 SH DEFINED 01 947,559 MCKESSON CORP COM 58155Q103 20,148 300,000 SH DEFINED 01 300,000 MEDICINES CO COM 584688105 24,670 3,241,808 SH DEFINED 01 3,241,808 MEDICINES CO COM 584688105 8,981 1,180,100 CALL DEFINED 01 1,180,100 MEDICIS PHARMACEUTICAL CORP NOTE 2.500% 6/0 58470KAA2 16,254 16,439,000 PRN DEFINED 01 16,439,000 MEDTRONIC INC COM 585055106 49,227 1,357,250 SH DEFINED 01 1,357,250 MEDTRONIC INC COM 585055106 9,068 250,000 CALL DEFINED 01 250,000 MEDTRONIC INC NOTE 1.625% 4/1 585055AM8 9,524 9,500,000 PRN DEFINED 01 9,500,000 MERCK & CO INC NEW COM 58933Y105 36,771 1,051,509 SH DEFINED 01 1,051,509 MERIT MED SYS INC COM 589889104 30,452 1,894,939 SH DEFINED 01 1,894,939 MOLINA HEALTHCARE INC NOTE 3.750%10/0 60855RAA8 18,718 20,100,000 PRN DEFINED 01 20,100,000 NEKTAR THERAPEUTICS NOTE 3.250% 9/2 640268AH1 6,166 6,474,000 PRN DEFINED 01 6,474,000 NEUROGESX INC COM 641252101 2,155 325,012 SH DEFINED 01 325,012 NEUROMETRIX INC COM 641255104 5,011 4,393,673 SH DEFINED 01 4,393,673 NUVASIVE INC NOTE 2.250% 3/1 670704AB1 15,000 14,235,000 PRN DEFINED 01 14,235,000 NXSTAGE MEDICAL INC COM 67072V103 46,476 3,131,811 SH DEFINED 01 3,131,811 OMNICARE INC COM 681904108 7,987 337,000 SH DEFINED 01 337,000 ONYX PHARMACEUTICALS INC NOTE 4.000% 8/1 683399AB5 41,536 45,333,000 PRN DEFINED 01 45,333,000 ORASURE TECHNOLOGIES INC COM 68554V108 1,867 403,229 SH DEFINED 01 403,229 PFIZER INC COM 717081103 42,013 2,946,200 SH DEFINED 01 2,946,200 PHARMASSET INC COM 71715N106 20,982 767,443 SH DEFINED 01 767,443 PROGENICS PHARMACEUTICALS IN COM 743187106 5,206 950,000 SH DEFINED 01 950,000 RADNET INC COM 750491102 7,451 3,143,726 SH DEFINED 01 3,143,726 RIGEL PHARMACEUTICALS INC COM NEW 766559603 37,260 5,175,000 SH DEFINED 01 5,175,000 ROCKWELL MEDICAL TECH COM 774374102 4,677 874,194 SH DEFINED 01 874,194 RTI BIOLOGICS INC COM 74975N105 6,348 2,166,502 SH DEFINED 01 2,166,502 SALIX PHARMACEUTICALS INC NOTE 2.750% 5/1 795435AC0 45,940 42,685,000 PRN DEFINED 01 42,685,000 SALIX PHARMACEUTICALS INC COM 795435106 25,846 662,200 SH DEFINED 01 662,200 SELECT MED HLDGS CORP COM 81619Q105 4,889 721,115 SH DEFINED 01 721,115 SEQUENOM INC COM NEW 817337405 7,834 1,325,500 SH DEFINED 01 1,325,500 SPECTRANETICS CORP COM 84760C107 4,662 900,000 SH DEFINED 01 900,000 ST JUDE MED INC COM 790849103 54,886 1,520,800 SH DEFINED 01 1,520,800 ST JUDE MED INC COM 790849103 21,654 600,000 CALL DEFINED 01 600,000 STRYKER CORP COM 863667101 3,755 75,000 SH DEFINED 01 75,000 SYMMETRY MED INC COM 871546206 4,585 435,000 SH DEFINED 01 435,000 SYNUTRA INTL INC COM 87164C102 1,594 98,559 SH DEFINED 01 98,559 TENET HEALTHCARE CORP COM 88033G100 20,044 4,618,430 SH DEFINED 01 4,618,430 TENET HEALTHCARE CORP COM 88033G100 10,850 2,500,000 CALL DEFINED 01 2,500,000 TENGION INC COM 88034G109 1,981 532,624 SH DEFINED 01 532,624 UNITEDHEALTH GRP INC COM 91324P102 11,360 400,000 CALL DEFINED 01 400,000 VERTEX PHARMACEUTICALS INC COM 92532F100 16,450 500,000 PUT DEFINED 01 500,000 VIVUS INC COM 928551100 13,357 1,391,400 PUT DEFINED 01 1,391,400 WELLCARE HEALTH PLANS INC COM 94946T106 16,618 700,000 SH DEFINED 01 700,000 WELLPOINT INC COM 94973V107 6,023 123,100 CALL DEFINED 01 123,100 ZIOPHARM ONCOLOGY INC COM 98973P101 786 247,212 SH DEFINED 01 247,212 ZYMOGENETICS INC COM 98985T109 15,511 3,675,641 SH DEFINED 01 3,675,641 107 1,557,612
FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 107 Form 13F Information Table Value Total: $1,557,612 (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-----