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

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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
ALBANY MOLECULAR RESH INC COM 012423109 7,988 402,400 SH   SOLE   402,400 0 0
ALLERGAN PLC SHS G0177J108 3,125 10,000 SH   SOLE   10,000 0 0
AMARIN CORP PLC SPONS ADR NEW 023111206 756 400,000 SH Call SOLE   400,000 0 0
ANI PHARMACEUTICALS INC COM 00182C103 1,128 25,000 SH Call SOLE   25,000 0 0
ANI PHARMACEUTICALS INC COM 00182C103 14,440 320,000 SH   SOLE   320,000 0 0
APRICUS BIOSCIENCES INC COM 03832V109 99 100,000 SH Call SOLE   100,000 0 0
APRICUS BIOSCIENCES INC COM 03832V109 139 140,000 SH   SOLE   140,000 0 0
CRYOLIFE INC COM 228903100 3,989 370,000 SH   SOLE   370,000 0 0
CYTOKINETICS INC COM NEW 23282W605 1,046 100,000 SH   SOLE   100,000 0 0
DEPOMED INC COM 249908104 3,626 200,000 SH   SOLE   200,000 0 0
FIBROCELL SCIENCE INC COM NEW 315721209 672 147,769 SH   SOLE   147,769 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 2,018 50,000 SH Call SOLE   50,000 0 0
MANNKIND CORP COM 56400P201 725 500,000 SH Put SOLE   500,000 0 0
PERNIX THERAPEUTICS HLDGS IN COM 71426V108 443 150,000 SH   SOLE   150,000 0 0
PFIZER INC COM 717081103 4,842 150,000 SH   SOLE   150,000 0 0
PROSHARES TR ULTSHT RUSS2000 74348A319 1,965 50,000 SH   SOLE   50,000 0 0
PROSHARES TR ULTSHT RUSS2000 74348A319 1,965 50,000 SH Call SOLE   50,000 0 0
QLT INC COM 746927102 5,738 2,157,200 SH   SOLE   2,157,200 0 0
QUEST DIAGNOSTICS INC COM 74834L100 4,710 66,208 SH   SOLE   66,208 0 0
SORRENTO THERAPEUTICS INC COM NEW 83587F202 436 50,000 SH   SOLE   50,000 0 0
SUNESIS PHARMACEUTICALS INC COM NEW 867328601 135 150,000 SH Call SOLE   150,000 0 0
ZOGENIX INC COM NEW 98978L204 469 31,850 SH   SOLE   31,850 0 0