ORCHARD INNOVATIONS

On January 6th, 2020, Yeda Research and Development Co. Ltd., the commercial arm of the Weizmann Institute of Science, and Deerfield Management Company, a healthcare investment firm, announced the development of an extensive translational research initiative. Deerfield will provide up to $130 million of initial funding to support the initiative over 10 years through a newly launched company, Orchard Innovations, LLC., a private company wholly owned by affiliates of Deerfield. Orchard Innovations, LLC. will support R&D projects out of the Weizmann Institute of Science through various stages of drug exploration and advancement.

Also known as: Orchard Innovations, LLC

Primary location: New York United States