-----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, NcIc4D6tvqehZvs8T4TkAqSlkp6xw8l42Q3bgc/1aw69ZWG21sSMTA7CKrWJMZPK d2S82uE7Kj7W5bln4ut8CA== 0000950159-10-000954.txt : 20101115 0000950159-10-000954.hdr.sgml : 20101115 20101115091847 ACCESSION NUMBER: 0000950159-10-000954 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100930 FILED AS OF DATE: 20101115 DATE AS OF CHANGE: 20101115 EFFECTIVENESS DATE: 20101115 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: 101189411 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: September 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 11/15/2010 - ------------------ ------------ ---------- [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 PRN CALL DISCRETN MANAGERS SOLE SHARED NONE - ---------------------------- ---------------- -------- -------- -------- -------- -------- -------- -------- ------ ------- ALKERMES INC COM 01642T108 25,823 1,762,666 SH DEFINED 01 1,762,666 AMERICAN DENTAL PARTNERS COM 025353103 3,985 330,441 SH DEFINED 01 330,441 AMERISOURCEBERGEN CORP COM 03073E105 21,309 695,000 SH DEFINED 01 695,000 AMGEN INC COM 031162100 1,367 24,800 SH DEFINED 01 24,800 AMYLIN PHARMACEUTICALS INC COM 032346108 8,340 400,000 PUT DEFINED 01 400,000 AMYLIN PHARMACEUTICALS INC NOTE 2.500% 4/1 032346AD0 15,900 16,000,000 PRN DEFINED 01 16,000,000 ANGIODYNAMICS INC COM 03475V101 1,923 126,201 SH DEFINED 01 126,201 ANIMAL HEALTH INTL INC COM 03525N109 2,351 857,908 SH DEFINED 01 857,908 ANTARES PHARMA INC COM 036642106 5,295 3,651,467 SH DEFINED 01 3,651,467 ANTHERA PHARMACEUTICALS INC COM 03674U102 4,190 1,000,000 SH DEFINED 01 1,000,000 ARDEA BIOSCIENCES INC COM 03969P107 8,694 377,995 SH DEFINED 01 377,995 ARENA PHARMACEUTICALS INC COM 040047102 7,628 4,858,300 PUT DEFINED 01 4,858,300 ARRAY BIOPHARMA INC COM 04269X105 14,851 4,597,846 SH DEFINED 01 4,597,846 BARD C R INC COM 067383109 10,179 125,000 PUT DEFINED 01 125,000 BIOSANTE PHARMACEUTICALS INC COM NEW 09065V203 2,693 1,602,880 SH DEFINED 01 1,602,880 BRISTOL MYERS SQUIBB CO COM 110122108 41,493 1,530,558 SH DEFINED 01 1,530,558 CADENCE PHARMACEUTICALS INC COM 12738T100 855 102,421 SH DEFINED 01 102,421 CARDINAL HEALTH INC COM 14149Y108 6,608 200,000 SH DEFINED 01 200,000 CELGENE CORP COM 151020104 18,723 325,000 SH DEFINED 01 325,000 CENTENE CORP DEL COM 15135B101 17,559 744,332 SH DEFINED 01 744,332 CEPHALON INC COM 156708109 12,488 200,000 PUT DEFINED 01 200,000 CIGNA CORP COM 125509109 4,650 129,964 SH DEFINED 01 129,964 CIGNA CORP COM 125509109 46,514 1,300,000 CALL DEFINED 01 1,300,000 CONCEPTUS INC NOTE 2.250% 2/1 206016AA5 22,696 24,145,000 PRN DEFINED 01 24,145,000 CONMED CORP NOTE 2.500%11/1 207410AD3 27,820 28,388,000 PRN DEFINED 01 28,388,000 CUBIST PHARMACEUTICALS INC NOTE 2.250% 6/1 229678AC1 3,041 3,000,000 PRN DEFINED 01 3,000,000 CVS CAREMARK CORPORATION COM 126650100 38,237 1,215,025 SH DEFINED 01 1,215,025 CYTOKINETICS INC COM 23282W100 3,473 1,315,700 SH DEFINED 01 1,315,700 DENDREON CORP COM 24823Q107 10,295 250,000 PUT DEFINED 01 250,000 DURECT CORP COM 266605104 4,056 1,596,800 SH DEFINED 01 1,596,800 DUSA PHARMACEUTICALS INC COM 266898105 7,392 3,016,965 SH DEFINED 01 3,016,965 EHEALTH INC COM 28238P109 2,582 200,000 SH DEFINED 01 200,000 EURAND N V SHS N31010106 12,792 1,300,030 SH DEFINED 01 1,300,030 EXPRESS SCRIPTS INC COM 302182100 29,220 600,000 SH DEFINED 01 600,000 FLAMEL TECHNOLOGIE SA SPONSORED ADR 338488109 7,524 1,039,208 SH DEFINED 01 1,039,208 FOREST LABS INC COM 345838106 93,826 3,033,500 SH DEFINED 01 3,033,500 GENTIVA HEALTH SERVICES INC COM 37247A102 22,664 1,037,241 SH DEFINED 01 1,037,241 GILEAD SCIENCES INC COM 375558103 6,981 196,030 SH DEFINED 01 196,030 HALOZYME THERAPEUTICS INC COM 40637H109 31,256 4,053,956 SH DEFINED 01 4,053,956 HI-TECH PHARMACAL INC COM 42840B101 30,061 1,485,244 SH DEFINED 01 1,485,244 HILL-ROM HLDGS INC COM 431475102 18,138 505,379 SH DEFINED 01 505,379 HOLOGIC INC FRNT 2.000%12/1 436440AA9 24,579 26,500,000 PRN DEFINED 01 26,500,000 HUMAN GENOME SCIENCES INC COM 444903108 839 28,180 SH DEFINED 01 28,180 HUMAN GENOME SCIENCES INC COM 444903108 35,748 1,200,000 PUT DEFINED 01 1,200,000 HUMAN GENOME SCIENCES INC COM 444903108 14,895 500,000 CALL DEFINED 01 500,000 HUMANA INC COM 444859102 27,130 540,000 CALL DEFINED 01 540,000 INSPIRE PHARMACEUTICALS INC COM 457733103 39,764 6,683,051 SH DEFINED 01 6,683,051 INTERMUNE INC COM 45884X103 27,240 2,000,000 CALL DEFINED 01 2,000,000 INTERMUNE INC NOTE 5.000% 3/0 45884XAD5 17,629 19,994,000 PRN DEFINED 01 19,994,000 INTERMUNE INC NOTE 0.250% 3/0 45884XAC7 5,000 5,000,000 PRN DEFINED 01 5,000,000 ISTA PHARMACEUTICALS INC COM NEW 45031X204 13,250 3,231,718 SH DEFINED 01 3,231,718 KING PHARMACEUTICALS INC NOTE 1.250% 4/0 495582AJ7 29,492 31,500,000 PRN DEFINED 01 31,500,000 K V PHARMACEUTICAL CO NOTE 2.500% 5/1 482740AC1 5,586 9,549,000 PRN DEFINED 01 9,549,000 MAGELLAN HEALTH SVCS INC COM NEW 559079207 24,092 510,000 SH DEFINED 01 510,000 MANNKIND CORP COM 56400P201 4,056 600,000 PUT DEFINED 01 600,000 MCKESSON CORP COM 58155Q103 6,950 112,500 SH DEFINED 01 112,500 MEDICINES CO COM 584688105 78,298 5,513,970 SH DEFINED 01 5,513,970 MEDICINES CO COM 584688105 7,556 532,100 CALL DEFINED 01 532,100 MEDICIS PHARMACEUTICAL CORP NOTE 2.500% 6/0 58470KAA2 17,816 16,439,000 PRN DEFINED 01 16,439,000 MERCK & CO INC COM 58933Y105 34,105 926,509 SH DEFINED 01 926,509 MERIT MED SYS INC COM 589889104 30,111 1,894,939 SH DEFINED 01 1,894,939 MOLINA HEALTHCARE INC COM 60855R100 18,893 700,000 SH DEFINED 01 700,000 MOLINA HEALTHCARE INC NOTE 3.750%10/0 60855RAA8 19,472 20,100,000 PRN DEFINED 01 20,100,000 NEKTAR THERAPEUTICS NOTE 3.250% 9/2 640268AH1 6,603 6,474,000 PRN DEFINED 01 6,474,000 NEUROMETRIX INC COM 641255104 1,529 2,551,267 SH DEFINED 01 2,551,267 NUVASIVE INC NOTE 2.250% 3/1 670704AB1 15,178 14,235,000 PRN DEFINED 01 14,235,000 NXSTAGE MEDICAL INC COM 67072V103 42,689 2,235,000 SH DEFINED 01 2,235,000 ONYX PHARMACEUTICALS INC COM 683399109 3,705 140,437 SH DEFINED 01 140,437 ONYX PHARMACEUTICALS INC NOTE 4.000% 8/1 683399AB5 46,523 45,333,000 PRN DEFINED 01 45,333,000 ORASURE TECHNOLOGIES INC COM 68554V108 2,917 720,127 SH DEFINED 01 720,127 PFIZER INC COM 717081103 34,261 1,995,400 SH DEFINED 01 1,995,400 PHARMASSET INC COM 71715N106 25,707 873,041 SH DEFINED 01 873,041 PROGENICS PHARMACEUTICALS IN COM 743187106 4,798 950,000 SH DEFINED 01 950,000 RADNET INC COM 750491102 7,545 3,143,726 SH DEFINED 01 3,143,726 RAPTOR PHARMACEUTICAL CORP COM 75382F106 3,533 1,197,747 SH DEFINED 01 1,197,747 REHABCARE GROUP INC COM 759148109 5,055 250,000 SH DEFINED 01 250,000 REHABCARE GROUP INC COM 759148109 5,055 250,000 CALL DEFINED 01 250,000 RIGEL PHARMACEUTICALS INC COM NEW 766559603 43,522 5,175,000 SH DEFINED 01 5,175,000 ROCKWELL MEDICAL TECH COM 774374102 6,189 874,194 SH DEFINED 01 874,194 RTI BIOLOGICS INC COM 74975N105 8,149 3,098,437 SH DEFINED 01 3,098,437 SALIX PHARMACEUTICALS INC COM 795435106 9,930 250,000 PUT DEFINED 01 250,000 SALIX PHARMACEUTICALS INC NOTE 2.750% 5/1 795435AC0 48,394 42,685,000 PRN DEFINED 01 42,685,000 SAVIENT PHARMACEUTICALS INC COM 80517Q100 8,005 350,000 PUT DEFINED 01 350,000 SEATTLE GENETICS INC COM 812578102 3,883 250,000 PUT DEFINED 01 250,000 SELECT MED HLDGS CORP COM 81619Q105 10,685 1,387,715 SH DEFINED 01 1,387,715 SPECTRANETICS CORP COM 84760C107 2,819 520,135 SH DEFINED 01 520,135 ST JUDE MED INC COM 790849103 71,040 1,805,800 SH DEFINED 01 1,805,800 ST JUDE MED INC COM 790849103 23,604 600,000 CALL DEFINED 01 600,000 SYMMETRY MED INC COM 871546206 1,824 189,218 SH DEFINED 01 189,218 TENET HEALTHCARE CORP COM 88033G100 21,799 4,618,430 SH DEFINED 01 4,618,430 TENET HEALTHCARE CORP COM 88033G100 9,440 2,000,000 CALL DEFINED 01 2,000,000 TENGION INC COM 88034G109 1,662 532,624 SH DEFINED 01 532,624 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 17,476 331,300 SH DEFINED 01 331,300 U S PHYSICAL THERAPY INC COM 90337L108 179 10,686 SH DEFINED 01 10,686 VERTEX PHARMACEUTICALS INC COM 92532F100 17,285 500,000 PUT DEFINED 01 500,000 VIVUS INC COM 928551100 10,035 1,500,000 CALL DEFINED 01 1,500,000 WATSON PHARMACEUTICALS INC COM 942683103 24,254 573,254 SH DEFINED 01 573,254 WELLCARE HEALTH PLANS INC COM 94946T106 26,412 912,000 SH DEFINED 01 912,000 ZIOPHARM ONCOLOGY INC COM 98973P101 992 264,434 SH DEFINED 01 264,434 ZYMOGENETICS INC COM 98985T109 4,390 450,287 SH DEFINED 01 450,287 100 1,715,039
FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 100 Form 13F Information Table Value Total: $1,715,039 (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-----