The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACADIA PHARMACEUTICALS COM 00404A109 1,323 40,000 SH   SOLE NONE 0 0 0
ACHILLION PHARMACEUTICALS COM 00448Q201 2,073 300,000 SH   SOLE NONE 0 0 0
ACORDA THERAPEUTICS INC COM 00484M106 2,651 100,000 SH   SOLE NONE 0 0 0
ALCOBRA LTD SHS M2239P109 4,161 688,961 SH   SOLE NONE 0 0 0
AEGERION PHARMACEUTICALS INC COM 00767E102 3,400 250,000 SH   SOLE NONE 0 0 0
Allergan PLC SHS G0177J108 10,193 37,500 SH   SOLE NONE 0 0 0
AKARI THERAPEUTICS PLC SHS 00972G108 488 20,325 SH   SOLE NONE 0 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q907 6,027 75,000 SH Call SOLE NONE 0 0 0
AMGEN INC COM 031162100 6,916 50,000 SH   SOLE NONE 0 0 0
ASCENDIS PHARMA A/S - ADR ADR 04351P101 1,719 97,135 SH   SOLE NONE 0 0 0
ATARA BIOTHERAPEUTICS INC COM 046513107 3,144 100,000 SH   SOLE NONE 0 0 0
BIOCRYST PHARMACEUTICALS INC COM 09058V103 2,565 225,000 SH   SOLE NONE 0 0 0
BIODELIVERY SCIENCES INTERNATIONAL INC COM 09060J106 556 100,000 SH   SOLE NONE 0 0 0
BIODELIVERY SCIENCES INTL IN COM 09060J906 590 106,200 SH Call SOLE NONE 0 0 0
BIOLASE INC COM 090911108 270 300,000 SH   SOLE NONE 0 0 0
BELLICUM PHARMACEUTICALS INC COM 079481107 2,906 200,000 SH   SOLE NONE 0 0 0
BRISTOL MYERS SQUIBB CO COM 110122908 5,920 100,000 SH Call SOLE NONE 0 0 0
CYMABAY THERAPEUTICS INC COM 23257D103 776 400,000 SH   SOLE NONE 0 0 0
CELGENE CORP COM 151020104 6,490 60,000 SH   SOLE NONE 0 0 0
CHIASMA INC COM 16706W102 1,292 65,000 SH   SOLE NONE 0 0 0
CELLECTIS - ADR SPONSORED ADS 15117K103 1,977 75,000 SH   SOLE NONE 0 0 0
CORIUM INTERNATIONAL INC COM 21887L107 1,169 125,000 SH   SOLE NONE 0 0 0
CATALYST PHARM PARTNERS INC COM 14888U101 1,050 350,000 SH   SOLE NONE 0 0 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 5,132 120,000 SH   SOLE NONE 0 0 0
CYNAPSUS THERAPEUTICS INC COM 23257Y859 2,830 175,000 SH   SOLE NONE 0 0 0
DERMA SCIENCES INC COM 249827502 1,413 300,000 SH   SOLE NONE 0 0 0
DYNAVAX TECHNOLOGIES CORP COM 268158102 4,049 165,000 SH   SOLE NONE 0 0 0
EPIZYME INC COM 29428V104 1,929 150,000 SH   SOLE NONE 0 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 5,687 40,000 SH   SOLE NONE 0 0 0
FATE THERAPEUTICS INC COM 31189P102 476 89,231 SH   SOLE NONE 0 0 0
FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 5,709 350,000 SH   SOLE NONE 0 0 0
FOAMIX PHARMACEUTICALS LTD SHS M46135105 1,100 150,000 SH   SOLE NONE 0 0 0
FIVE PRIME THERAPEUTICS INC COM 33830X104 7,695 500,000 SH   SOLE NONE 0 0 0
GILEAD SCIENCES INC COM 375558103 6,873 70,000 SH   SOLE NONE 0 0 0
GENOCEA BIOSCIENCES INC COM 372427104 1,507 220,000 SH   SOLE NONE 0 0 0
GENMARK DIAGNOSTICS INC COM 372309104 4,132 525,000 SH   SOLE NONE 0 0 0
GW PHARMACEUTICALS PLC ADS 36197T103 2,741 30,000 SH   SOLE NONE 0 0 0
HCA HOLDINGS INC COM 40412C101 3,868 50,000 SH   SOLE NONE 0 0 0
HERON THERAPEUTICS INC COM 427746902 2,440 100,000 SH Call SOLE NONE 0 0 0
HEARTWARE INTL INC COM 422368100 4,708 90,000 SH   SOLE NONE 0 0 0
HORIZON PHARMA PLC SHS G4617B105 5,451 275,000 SH   SOLE NONE 0 0 0
INTEGRA LIFESCIENCES HOLDINGS CORP COM 457985208 4,466 75,000 SH   SOLE NONE 0 0 0
INCYTE CORP COM 45337C102 2,758 25,000 SH   SOLE NONE 0 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 3,217 7,000 SH   SOLE NONE 0 0 0
LION BIOTECHNOLOGIES INC COM 53619R102 1,728 300,000 SH   SOLE NONE 0 0 0
MALLINCKRODT PUB LTD CO SHS G5785G107 7,673 120,000 SH   SOLE NONE 0 0 0
NEUROCRINE BIOSCIENCES INC COM 64125C109 2,188 55,000 SH   SOLE NONE 0 0 0
NEURODERM LTD COM M74231107 2,067 100,000 SH   SOLE NONE 0 0 0
NANOSTRING TECHNOLOGIES INC COM 63009R109 7,200 450,000 SH   SOLE NONE 0 0 0
NUVASIVE INC COM 670704105 8,439 175,000 SH   SOLE NONE 0 0 0
OCERA THERAPEUTICS INC COM 67552A108 395 125,000 SH   SOLE NONE 0 0 0
SPARK THERAPEUTICS INC COM 84652J103 417 10,000 SH   SOLE NONE 0 0 0
PUMA BIOTECHNOLOGY INC COM 74587V107 490 6,500 SH   SOLE NONE 0 0 0
PACIRA PHARMACEUTICALS INC COM 695127100 3,288 80,000 SH   SOLE NONE 0 0 0
PTC THERAPEUTICS INC COM 69366J900 2,003 75,000 SH Call SOLE NONE 0 0 0
PORTOLA PHARMACEUTICALS INC COM 737010108 1,066 25,000 SH   SOLE NONE 0 0 0
UNIQURE B.V. SHS N90064101 3,068 150,000 SH   SOLE NONE 0 0 0
REGENXBIO INC COM 75901B107 1,322 60,000 SH   SOLE NONE 0 0 0
RELYPSA INC COM 759531106 2,221 120,000 SH   SOLE NONE 0 0 0
RAPTOR PHARMACEUTICAL CORP COM 75382F106 303 50,000 SH   SOLE NONE 0 0 0
SAGE THERAPEUTICS INC COM 78667J108 1,727 40,800 SH   SOLE NONE 0 0 0
SYNERGY PHARMACEUTICALS INC COM 871639308 3,180 600,000 SH   SOLE NONE 0 0 0
SUNESIS PHARMACEUTICALS INC COM 867328601 237 292,939 SH   SOLE NONE 0 0 0
SPECTRANETICS CORP COM 84760C107 2,948 250,000 SH   SOLE NONE 0 0 0
SAREPTA THERAPEUTICS INC COM 803607100 321 10,000 SH   SOLE NONE 0 0 0
TONIX PHARMACEUTICALS HOLDIN COM 890260201 2,107 398,300 SH   SOLE NONE 0 0 0
THERAPEUTICSMD INC COM 88338N907 2,930 500,000 SH Call SOLE NONE 0 0 0
UNILIFE CORP NEW COM 90478E103 343 350,000 SH   SOLE NONE 0 0 0
VERACYTE INC COM 92337F107 951 202,800 SH   SOLE NONE 0 0 0
VITAE PHARMACEUTICALS INC COM 92847N103 2,753 250,000 SH   SOLE NONE 0 0 0
ZAFGEN INC COM 98885E103 2,077 65,000 SH   SOLE NONE 0 0 0
ZOGENIX INC COM 98978L204 4,995 370,000 SH   SOLE NONE 0 0 0
ZELTIQ AESTHETICS INC COM 98933Q108 7,527 235,000 SH   SOLE NONE 0 0 0
ZOSANO PHARMA CORP COM 98979H103 396 100,000 SH   SOLE NONE 0 0 0