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
ACHILLION PHARMACEUTICALS COM 00448Q201 3,225 718,272 SH   SOLE 718,272 0 0
ACTINIUM PHARMACEUTICALS INC COM 00507W107 192 333,000 SH   SOLE 333,000 0 0
ADAMIS PHARMACEUTICALS CORP COM NEW 00547W208 127 24,401 SH   SOLE 24,401 0 0
ADVAXIS INC COM NEW 007624208 1,032 247,000 SH   SOLE 247,000 0 0
AEGLEA BIOTHERAPEUTICS INC COM 00773J103 1,723 349,592 SH   SOLE 349,592 0 0
AERIE PHARMACEUTICALS INC COM 00771V108 5,675 116,770 SH   SOLE 116,770 0 0
AKEBIA THERAPEUTICS INC COM 00972D105 2,670 135,738 SH   SOLE 135,738 0 0
ALDER BIOPHARMACEUTICALS INC COM 014339105 4,239 346,013 SH   SOLE 346,013 0 0
APPLIED GENETIC TECHNOL CORP COM 03820J100 1,663 421,000 SH   SOLE 421,000 0 0
AQUINOX PHARMACEUTICALS INC COM 03842B101 1,129 79,542 SH   SOLE 79,542 0 0
ARDELYX INC COM 039697107 1,822 325,409 SH   SOLE 325,409 0 0
ARGENX SE SPONSORED ADR 04016X101 904 40,000 SH   SOLE 40,000 0 0
ARQULE INC COM 04269E107 475 427,478 SH   SOLE 427,478 0 0
ASCENDIS PHARMA A S SPONSORED ADR 04351P101 2,618 72,226 SH   SOLE 72,226 0 0
ATRICURE INC COM 04963C209 8,593 384,145 SH   SOLE 384,145 0 0
BEIGENE LTD SPONSORED ADR 07725L102 7,433 71,849 SH   SOLE 71,849 0 0
BELLICUM PHARMACEUTICALS INC COM 079481107 231 20,000 SH   SOLE 20,000 0 0
BIOCRYST PHARMACEUTICALS INC COM 09058V103 6,253 1,193,228 SH   SOLE 1,193,228 0 0
BIOTELEMETRY INC COM 090672106 1,650 50,000 SH   SOLE 50,000 0 0
BLUEBIRD BIO INC COM 09609G100 618 4,500 SH   SOLE 4,500 0 0
BLUEPRINT MEDICINES CORP COM 09627Y109 5,295 76,000 SH   SOLE 76,000 0 0
CARA THERAPEUTICS INC COM 140755109 1,284 93,800 SH   SOLE 93,800 0 0
CASCADIAN THERAPEUTICS INC COM NEW 14740B606 480 117,310 SH   SOLE 117,310 0 0
CIDARA THERAPEUTICS INC COM 171757107 1,689 208,458 SH   SOLE 208,458 0 0
CLEMENTIA PHARMACEUTICALS IN COM 185575107 1,013 60,000 SH   SOLE 60,000 0 0
COGENTIX MEDICAL INC COM 19243A104 828 323,482 SH   SOLE 323,482 0 0
CYMABAY THERAPEUTICS INC COM 23257D103 3,506 435,000 SH   SOLE 435,000 0 0
CYTOMX THERAPEUTICS INC COM 23284F105 107 5,900 SH   SOLE 5,900 0 0
DECIPHERA PHARMACEUTICALS IN COM 24344T101 380 20,000 SH   SOLE 20,000 0 0
DERMIRA INC COM 24983L104 2,039 75,500 SH   SOLE 75,500 0 0
DERMIRA INC NOTE 3.000% 5/1 24983LAA2 1,624 1,500,000 PRN   SOLE 1,500,000 0 0
DEXCOM INC COM 252131107 2,813 57,500 SH   SOLE 57,500 0 0
DEXCOM INC DBCV 0.750% 5/1 252131AE7 223 250,000 PRN   SOLE 250,000 0 0
EDGE THERAPEUTICS INC COM 279870109 208 19,400 SH   SOLE 19,400 0 0
EXACTECH INC COM 30064E109 907 27,532 SH   SOLE 27,532 0 0
FOAMIX PHARMACEUTICALS LTD SHS M46135105 1,436 258,667 SH   SOLE 258,667 0 0
GALAPAGOS NV SPON ADR 36315X101 3,216 31,609 SH   SOLE 31,609 0 0
GALENA BIOPHARMA INC COM NEW 363256504 16 46,145 SH   SOLE 46,145 0 0
IMMUNOMEDICS INC COM 452907108 6,437 460,451 SH   SOLE 460,451 0 0
INOTEK PHARMACEUTICALS CORP NOTE 5.750% 8/0 45780VAB8 461 600,000 PRN   SOLE 600,000 0 0
INSULET CORP COM 45784P101 3,166 57,484 SH   SOLE 57,484 0 0
INSULET CORP NOTE 2.000% 6/1 45784PAD3 2,814 2,250,000 PRN   SOLE 2,250,000 0 0
INTEC PHARMA LTD JERUSALEM SHS M53644016 126 14,100 SH   SOLE 14,100 0 0
IRONWOOD PHARMACEUTICALS INC DBCV 2.250% 6/1 46333XAD0 682 573,000 PRN   SOLE 573,000 0 0
ISHARES TR NASDQ BIOTECH ETF 464287556 2,902 8,700 SH   SOLE 8,700 0 0
JOHNSON AND JOHNSON COM 478160104 1,222 9,400 SH   SOLE 9,400 0 0
KADMON HOLDINGS INC COM 48283N106 419 125,000 SH   SOLE 125,000 0 0
KURA ONCOLOGY INC COM 50127T109 1,583 105,859 SH   SOLE 105,859 0 0
LOXO ONCOLOGY INC COM 548862101 24,147 262,121 SH   SOLE 262,121 0 0
LUMINEX CORP DEL COM 55027E102 508 25,000 SH   SOLE 25,000 0 0
MACROGENICS INC COM 556099109 2,850 154,200 SH   SOLE 154,200 0 0
MASIMO CORPORATION COM 574795100 433 5,000 SH   SOLE 5,000 0 0
MINERVA NEUROSCIENCES INC COM 603380106 1,300 171,094 SH   SOLE 171,094 0 0
NATUS MEDICAL INC DEL COM 639050103 296 7,900 SH   SOLE 7,900 0 0
NEOS THERAPEUTICS INC COM 64052L106 252 27,500 SH   SOLE 27,500 0 0
NEUROCRINE BIOSCIENCES INC COM 64125C109 3,340 54,508 SH   SOLE 54,508 0 0
NEURODERM LTD ORD SHS M74231107 1,476 37,938 SH   SOLE 37,938 0 0
NXSTAGE MEDICAL INC COM 67072V103 5,965 216,119 SH   SOLE 216,119 0 0
OBSEVA SA COM H5861P103 700 86,000 SH   SOLE 86,000 0 0
OPHTHOTECH CORP COM 683745103 141 50,000 SH   SOLE 50,000 0 0
PROTALIX BIOTHERAPEUTICS INC NOTE 4.500% 9/1 74365AAB7 2,125 2,500,000 PRN   SOLE 2,500,000 0 0
RADIUS HEALTH INC COM NEW 750469207 2,055 53,309 SH   SOLE 53,309 0 0
RADIUS HEALTH INC NOTE 3.000% 9/0 750469AA6 4,000 4,000,000 PRN   SOLE 4,000,000 0 0
RIGEL PHARMACEUTICALS INC COM NEW 766559603 1,126 443,478 SH   SOLE 443,478 0 0
SCYNEXIS INC COM 811292101 1,222 506,900 SH   SOLE 506,900 0 0
SIERRA ONCOLOGY INC COM 82640U107 68 44,000 SH   SOLE 44,000 0 0
SPRING BANK PHARMACEUTICALS COM 849431101 110 6,507 SH   SOLE 6,507 0 0
STEREOTAXIS INC COM 85916J409 1,126 1,372,862 SH   SOLE 1,372,862 0 0
SUNESIS PHARMACEUTICALS INC COM PAR 867328700 1,613 831,332 SH   SOLE 831,332 0 0
UNIQURE N V SHS N90064101 1,683 175,307 SH   SOLE 175,307 0 0
VOYAGER THERAPEUTICS INC COM 92915B106 2,414 117,259 SH   SOLE 117,259 0 0
XENON PHARMACEUTICALS INC COM 98420N105 1,114 377,695 SH   SOLE 377,695 0 0
ZOGENIX INC COM NEW 98978L204 1,840 52,500 SH   SOLE 52,500 0 0