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
AGIOS PHARMACEUTICALS INC COM 00847X104 5,269 115,000 SH   SOLE   115,000 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 455 7,200 SH   SOLE   7,200 0 0
ARIAD PHARMACEUTICALS INC COM 04033A100 10,574 1,660,000 SH   SOLE   1,660,000 0 0
BIND THERAPEUTICS INC COM 05548N107 6,485 492,000 SH   SOLE   492,000 0 0
BIOLINERX LTD COM 09071M106 1,352 650,000 SH   SOLE   650,000 0 0
CATALYST PHARM PARTNERS INC COM 14888U101 3,488 1,378,584 SH   SOLE   1,378,584 0 0
CELATOR PHARMACEUTICALS INC COM 15089R102 1,073 338,402 SH   SOLE   338,402 0 0
CELGENE CORP RIGHT 12/31/2030 151020112 1,716 660,000 SH   SOLE   660,000 0 0
CEMPRA INC COM 15130J109 5,417 504,800 SH   SOLE   504,800 0 0
CHIMERIX INC COM 16934W106 17,333 790,000 SH   SOLE   790,000 0 0
CLOVIS ONCOLOGY INC COM 189464100 5,369 130,000 SH   SOLE   130,000 0 0
CARDIOVASCULAR SYS INC DEL COM 141619106 4,207 135,000 SH   SOLE   135,000 0 0
CODEXIS INC COM 192005106 1,197 820,000 SH   SOLE   820,000 0 0
EVOKE PHARMA INC COM 30049G104 1,962 242,500 SH   SOLE   242,500 0 0
GENMARK DIAGNOSTICS INC COM 372309104 6,765 500,000 SH   SOLE   500,000 0 0
INSPIREMD INC COM NEW 45779A309 6,431 2,180,000 SH   SOLE   2,180,000 0 0
INSYS THERAPEUTICS INC NEW COM NEW 45824V209 2,680 85,800 SH   SOLE   85,800 0 0
KALOBIOS PHARMACEUTICALS INC COM 48344T100 730 320,000 SH   SOLE   320,000 0 0
KARYOPHARM THERAPEUTICS INC COM 48576U106 1,397 30,000 SH   SOLE   30,000 0 0
KIPS BAY MED INC COM 49726K105 355 772,031 SH   SOLE   772,031 0 0
MAZOR ROBOTICS LTD COM 57886P103 2,108 120,000 SH   SOLE   120,000 0 0
PHARMACYCLICS INC COM 716933106 8,971 100,000 SH   SOLE   100,000 0 0
PROTHENA CORP PLC COM G72800108 295 13,104 SH   SOLE   13,104 0 0
RECRO PHARMA INC COM 75629F109 1,762 220,000 SH   SOLE   220,000 0 0
RETROPHIN INC COM 761299106 14,281 1,216,400 SH   SOLE   1,216,400 0 0
TETRAPHASE PHARMACEUTICALS I COM 88165N105 2,289 169,700 SH   SOLE   169,700 0 0
ULTRAGENYX PHARMACEUTICAL IN COM 90400D108 2,020 45,000 SH   SOLE   45,000 0 0