Great Lakes Discoveries LLC
Advancing biomedical research to develop life-saving drugs and disease treatments through strategic investment and collaboration.
Outsourcing Management and Associate Director of Project Planning and Management.
Great Lakes Discovery is a startup company created by healthcare investment firm Deerfield Management in partnership with the University of Michigan. The company's primary focus is to support and accelerate the development and commercialization of promising therapeutic projects that address unmet medical needs. This involves investing in biomedical research with the potential to develop life-saving drugs and disease treatments.
The company operates in the healthcare and biotech market, serving clients such as research institutions, pharmaceutical companies, and healthcare providers. The business model of Great Lakes Discovery is centered around investment in research and development (R&D) projects. The company provides financial support to these projects, helping them move from the preclinical stage to commercial clinical development.
The company generates revenue by commercializing the successful projects it invests in. This could be through the sale of developed drugs, licensing agreements, or partnerships with pharmaceutical companies.
Deerfield Management has committed up to $130 million over the next decade to invest in biomedical research at the University of Michigan through Great Lakes Discovery. This substantial investment demonstrates a strong commitment to advancing healthcare and solving unmet medical needs.
The Chief Operating Officer of Great Lakes Discovery is Dr. Jana Jensen, who brings extensive experience in business operations and R&D from her previous roles at Covance and Bristol-Myers Squibb.
Keywords: Healthcare Investment, Biomedical Research, Therapeutic Projects, Unmet Medical Needs, Commercialization, Preclinical Development, Clinical Development, Pharmaceutical Companies, Research Institutions, Healthcare Providers.