Blackfan Circle Innovations, LLC, a company created by Deerfield Management to facilitate a research collaboration with Boston Children’s Hospital (BCH), announced today the first project agreement to advance BCH researchers’ innovations towards the development of a clinical therapeutic.

Boston Children’s Hospital, which has the largest National Institutes of Health-funded pediatric research enterprise in the United States, and Deerfield Management Company, a healthcare investment firm, announced today a major research collaboration to advance promising therapeutics that will address unsolved medical needs and find cures for disease.