Carolina and Deerfield Management announce partnership to accelerate the discovery of new medicines Posted Nov 3, 2018 The University of North Carolina at Chapel Hill and Deerfield Management have entered into a partnership to create Pinnacle Hill, LLC., a company seeking to discover new medicines to address the significant unmet medical needs of our times. Deerfield has committed $65 million of targeted funding and to provide drug development expertise in support of promising new drug research. (UNC.edu)