Deerfield adds Duke to its roster of college partners, kicking off a $130M discovery alliance
One year after signing the University of North Carolina-Chapel Hill to its ever-growing list of academic partners, Deerfield is nabbing another point on the state’s research triangle: Duke Unversity.
Duke and Deerfield announced a 10-year, $130 million partnership to bring new therapies from university researchers to IND-enabling status. Like the previous collaborations Deerfield signed with UNC, Columbia, the Broad Institute and others, the deal creates a new corporation wholly owned by Deerfield and allows Duke researchers to submit any project for funding. The Duke entity will be known as Four Points Innovation and begin receiving proposals in March.
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