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
ABBOTT LABS COM 002824100 12,066 300,000 SH   SOLE   300,000 0 0
ALYNYLAM PHARMACEUTICALS INC COM 02043Q107 20,090 250,000 SH   SOLE   250,000 0 0
AMARIN CORP PLC SPONS ADR NEW 023111206 12,545 6,500,000 SH   SOLE   6,500,000 0 0
ANGIODYNAMICS INC COM 03475V101 3,405 258,183 SH   SOLE   258,183 0 0
ARENA PHARMACEUTICALS INC COM 040047102 18,623 9,750,000 SH   SOLE   9,750,000 0 0
ARIAD PHARMACEUTICALS INC COM 04033A100 32,313 5,533,118 SH   SOLE   5,533,118 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 79,550 2,500,000 SH   SOLE   2,500,000 0 0
BIOLASE INC WARRANTS 046353108 3 1,841,173 SH Call SOLE   1,841,173 0 0
BIOLASE INC COM 090911108 4,799 5,332,394 SH   SOLE   5,332,394 0 0
BIOSCRIP INC COM 09069N108 11,220 6,000,000 SH   SOLE   6,000,000 0 0
CARDICA INC COM 14141R101 2,412 8,374,846 SH   SOLE   8,374,846 0 0
CATABASIS PHARMACEUTICALS IN COM 14875P107 8,090 1,000,000 SH   SOLE   1,000,000 0 0
CATALYST BIOSCIENCES INC COM 14888D109 899 192,935 SH   SOLE   192,935 0 0
CROSS CTRY HEALTHCARE INC COM 227483104 20,330 1,493,765 SH   SOLE   1,493,765 0 0
CYBERONICS INC COM 23251P102 60,780 1,000,000 SH   SOLE   1,000,000 0 0
DURECT CORP COM 266605104 11,700 6,000,000 SH   SOLE   6,000,000 0 0
EPIRUS BIOPHARMACEUTICALS IN COM 29428P107 8,166 1,847,500 SH   SOLE   1,847,500 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 48,576 600,000 SH   SOLE   600,000 0 0
GENMARK DIAGNOSTICS INC COM 372309104 5,699 724,097 SH   SOLE   724,097 0 0
GENOMIC HEALTH INC COM 37244C101 51,842 2,450,000 SH   SOLE   2,450,000 0 0
HMS HLDGS CORP COM 40425J101 19,118 2,179,900 SH   SOLE   2,179,900 0 0
INNOCOLL AG SPONSORED ADR 47580Q103 14,089 1,111,111 SH   SOLE   1,111,111 0 0
INSULET CORP COM 45784P101 6,348 245,000 SH   SOLE   245,000 0 0
INVITAE CORP COM 46185L103 6,455 894,014 SH   SOLE   894,014 0 0
KINDRED HEALTHCARE INC COM 494580103 17,325 1,100,000 SH   SOLE   1,100,000 0 0
LABORATORY CORP AMER HLDGS COM 50540R409 43,388 400,000 SH   SOLE   400,000 0 0
MASIMO CORP COM 574795100 38,560 1,000,000 SH   SOLE   1,000,000 0 0
MEAD JOHNSON NUTRITION CO COM 582839106 42,240 600,000 SH   SOLE   600,000 0 0
MEDICINES CO COM 584688105 94,900 2,500,000 SH   SOLE   2,500,000 0 0
MYLAN NV SHS EURO N59465109 60,390 1,500,000 SH   SOLE   1,500,000 0 0
NEKTAR THERAPEUTICS COM 640268108 24,660 2,250,000 SH   SOLE   2,250,000 0 0
NUVASIVE INC COM 670704105 53,042 1,100,000 SH   SOLE   1,100,000 0 0
ORASURE TECHNOLOGIES INC COM 68554V108 8,880 2,000,000 SH   SOLE   2,000,000 0 0
ORTHOFIX INTL N V COM N6748L102 50,625 1,500,000 SH   SOLE   1,500,000 0 0
PROTALIX BIOTHERAPEUTICS INC COM 74365A101 8,584 7,274,577 SH   SOLE   7,274,577 0 0
PROTALIX BIOTHERAPEUTICS INC NOTE 4.500% 9/1 74365AAB7 6,182 9,000,000 PRN   SOLE   9,000,000 0 0
QUEST DIAGNOSTICS INC COM 74834L100 13,431 218,500 SH   SOLE   218,500 0 0
SELECT MED HLDGS CORP COM 81619Q105 46,937 4,350,000 SH   SOLE   4,350,000 0 0
SEQUENOM INC COM NEW 817337405 20,563 11,750,000 SH   SOLE   11,750,000 0 0
TENET HEALTHCARE CORP COM 88033G100 18,460 500,000 SH   SOLE   500,000 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 112,920 2,000,000 SH   SOLE   2,000,000 0 0
UNILIFE CORP NEW COM 90478E103 2,695 2,750,000 SH   SOLE   2,750,000 0 0
UNIVERSAL AMERN CORP NEW COM 91338E101 40,185 5,875,000 SH   SOLE   5,875,000 0 0
VERACYTE INC COM 92337F107 4,269 910,334 SH   SOLE   910,334 0 0