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
ABLYNX NV SPONSORED ADR 00372Y905 10,495 420,000 SH   SOLE   420,000 0 0
ACCELERON PHARMA INC COM 00434H108 4,307 101,500 SH   SOLE   101,500 0 0
ACHILLION PHARMACEUTICALS INC COM 00448Q201 1,267 440,000 SH   SOLE   440,000 0 0
AGIOS PHARMACEUTICALS COM 00847X104 7,432 130,000 SH   SOLE   130,000 0 0
AMARIN CORP PLC SPONSORED ADR 023111206 3,448 860,000 SH   SOLE   860,000 0 0
ARDELYX COM 039697107 5,940 900,000 SH   SOLE   900,000 0 0
ARGENX SPONSORED ADR 04016X101 5,587 88,500 SH   SOLE   88,500 0 0
AUDENTES THERAPEUTICS INC COM 05070R104 6,652 210,000 SH   SOLE   210,000 0 0
AXOGEN INC COM 05463X106 55,751 1,970,000 SH   SOLE   1,970,000 0 0
BIOLINERX LTD SPONSORED ADR 09071M106 272 250,000 SH   SOLE   250,000 0 0
BLUEPRINT MEDICINES COM 09627Y109 55,426 735,000 SH   SOLE   735,000 0 0
CHIMERIX INC COM 16934W106 2,778 600,000 SH   SOLE   600,000 0 0
CODEXIS INC COM 192005106 14,200 1,700,600 SH   SOLE   1,700,600 0 0
CORIUM INTERNATIONAL INC COM 21887L107 10,186 1,060,000 SH   SOLE   1,060,000 0 0
CRISPR THERAPEUTICS AG NAMEN AKT H17182108 6,597 281,000 SH   SOLE   281,000 0 0
CYMABAY THERAPEUTICS INC COM 23257D103 6,118 665,000 SH   SOLE   665,000 0 0
DERMIRA INC COM 24983L104 2,781 100,000 SH   SOLE   100,000 0 0
FENNEC PHARMACEUTICALS INC COM 31447P100 8,486 846,900 SH   SOLE   846,900 0 0
FIBROGEN INC COM 31572Q808 17,064 360,000 SH   SOLE   360,000 0 0
FOAMIX PHARMACEUTICALS LTD SHS M46135105 5,769 960,000 SH   SOLE   960,000 0 0
IMMUNOMEDICS INC COM 452907108 14,524 898,800 SH   SOLE   898,800 0 0
INOTEK PHARMACEUTICALS CORP COM 45780V102 4,703 1,802,000 SH   SOLE   1,802,000 0 0
LOXO ONCOLOGY COM 548862101 14,841 176,300 SH   SOLE   176,300 0 0
NEKTAR THERAPEUTICS COM 640268108 4,777 80,000 SH   SOLE   80,000 0 0
PROTALIX BIOTHERAPEUTICS INC COM 74365A101 1,206 1,825,000 SH   SOLE   1,825,000 0 0
QUANTERIX CORP COM 74766Q101 1,395 65,000 SH   SOLE   65,000 0 0
RHYTHM PHARMACEUTICALS INC COM 76243J105 1,113 38,300 SH   SOLE   38,300 0 0
SANGAMO BIOSCIENCES INC COM 800677106 9,512 580,000 SH   SOLE   580,000 0 0
SPECTRUM PHARMACEUTICALS INC COM 84763A108 587 31,000 SH   SOLE   31,000 0 0
STRONGBRIDGE BIOPHARMA PLC COM G85347105 9,062 1,250,000 SH   SOLE   1,250,000 0 0
SYROS PHARMACEUTICALS INC COM 87184Q107 720 74,074 SH   SOLE   74,074 0 0
ULTRAGENYX PHARMACEUTICALS INC COM 90400D108 4,174 90,000 SH   SOLE   90,000 0 0
UNIQURE NV SHS N90064101 1,778 90,801 SH   SOLE   90,801 0 0
VIKING THERAPEUTICS INC COM 92686J106 1,951 480,558 SH   SOLE   480,558 0 0
XOMA CORP DEL COM NEW 98419J206 11,399 320,200 SH   SOLE   320,200 0 0