Lakeside Discovery

About Lakeside Discovery

Lakeside Discovery, LLC, established through a collaboration between Northwestern University and Deerfield Management, focuses on advancing transformative biomedical technologies. The company operates by providing up to $65 million in targeted funding and leveraging deep development expertise to propel promising research from Northwestern University. Lakeside Discovery's projects are selected and overseen by a joint steering committee, which includes scientific leaders from both Northwestern and Deerfield. This partnership aims to bridge the gap between innovative research and commercial success in the biomedical field. The business model revolves around identifying and nurturing high-potential projects, with the goal of translating academic research into viable healthcare solutions. Lakeside Discovery serves the biomedical research community, particularly those affiliated with Northwestern University, and operates within the healthcare investment sector. Revenue is generated through successful commercialization of developed technologies, supported by Deerfield's investment and strategic guidance.