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        <name>ARSENAL BIOSCIENCES SER C CVT PFD PP</name>
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        <name>ASCENDIS PHARMA A/S - ADR</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ASTRAZENECA PLC-SPONS ADR</name>
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      <invstOrSec>
        <name>Atai Beckley NV</name>
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        <name>AURA BIOSCIENCES INC</name>
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        <name>AVALYN PHARMA SER C-1 CVT PFD STOCK PP</name>
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        <name>AVALYN PHARMA SER D CVT PFD STOCK PP</name>
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        <name>AXSOME THERAPEUTICS INC</name>
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        <name>BEONE MEDICINES LTD-ADR</name>
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      <invstOrSec>
        <name>BRIDGEBIO PHARMA INC</name>
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      <invstOrSec>
        <name>BRIGHTSPRING HEALTH SERVICES</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Cabaletta Bio Common WTS 09/26 PP</name>
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      <invstOrSec>
        <name>CABALETTA BIO INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>CAPSULE CORP SERIES E CVT PFD STOCK PP</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>CARDINAL HEALTH INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CARIS LIFE SCIENCES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CELCUITY INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CELLANOME SERIES A CVT PFD STOCK PP</name>
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        <assetCat>EP</assetCat>
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        <fairValLevel>3</fairValLevel>
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        <name>CELLDEX THERAPEUTICS INC</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>CENCORA INC</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>CENTENE CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CENTESSA PHARMACEUTICALS-ADR</name>
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        <invCountry>GB</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>CG ONCOLOGY INC</name>
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        <name>NCHROMA BIO SER I CVT PFD STOCK PP</name>
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        <name>CHROMACODE INC PP</name>
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        <name>Chromacode INC SER AA CVT PFD STK PP</name>
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        <name>CIGNA GROUP/THE</name>
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        <name>CLEAR LABS SERIES C CVT PFD PP</name>
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        <name>CLEERLY SER C CVT PFD STK PP</name>
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        <name>Climb Bio Inc</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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            <dbtSecRefInstrument>
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      <invstOrSec>
        <name>IMMUNOME INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INSITRO SER B CVT PFD PP</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>INSITRO SER C CVT PFD PP</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal ID" value="6095464"/>
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      <invstOrSec>
        <name>INSMED INC</name>
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        <name>INTUITIVE SURGICAL INC</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>KESTRA MEDICAL TECHNOLOGIES</name>
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        <name>KODIAK SCIENCES INC</name>
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        <name>KRYSTAL BIOTECH INC</name>
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      <invstOrSec>
        <name>KYMERA THERAPEUTICS INC</name>
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      <invstOrSec>
        <name>KYVERNA THERAPEUTICS INC</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kardium Inc Series D-7 CVT PFD Stock PP</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>SAIL BIOMEDICINES SER B CVT PFD STOCK PP</name>
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      <invstOrSec>
        <name>LENZ THERAPEUTICS INC</name>
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      <invstOrSec>
        <name>LUMICKS TECH SER D CVT PFD STOCK PP</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>MADRIGAL PHARMACEUTICALS INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MBX BIOSCIENCES INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MCKESSON CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MEDIWOUND LTD</name>
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        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MEDLINE INC-CL A</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MERCK &amp; CO. INC.</name>
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        <invCountry>US</invCountry>
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        <name>MIRUM PHARMACEUTICALS INC</name>
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        <name>MOLINA HEALTHCARE INC</name>
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        <name>MONTE ROSA THERAPEUTICS INC</name>
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        <name>MANUS BIO INC SERIES ONE-6 CVT PFD PP</name>
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        <name>NEWAMSTERDAM PHARMA CO NV</name>
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        <name>Odyssey Therapeutics Warrants 6/32 WRT PP</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ROYALTY PHARMA PLC- CL A</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SALUDA MEDICAL INC</name>
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      <invstOrSec>
        <name>Saluda Medical Inc Lockup Shs CDI PP</name>
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        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>Saluda Med Common WTS 3/26 PP</name>
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      <invstOrSec>
        <name>SANA BIOTECHNOLOGY INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SARTORIUS AG-VORZUG PREF</name>
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        <name>SCHOLAR ROCK HOLDING CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SCRIBE THERA SER B CVT PFD STOCK PP</name>
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        <name>SEAPORT THERAPEUTICS SER B CVT PFD PP</name>
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        <name>SENSORION SA</name>
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        <name>SHATTUCK LABS INC</name>
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        <name>SIONNA THERAPEUTICS INC</name>
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        <name>TENET HEALTHCARE CORP</name>
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      <invstOrSec>
        <name>TERNS PHARMACEUTICALS INC</name>
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      <invstOrSec>
        <name>TESSERA THERAPEUTICS SER D CVT PFD PP</name>
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        <name>TEVA PHARMACEUTICAL-SP ADR</name>
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      <invstOrSec>
        <name>THIRD ARC BIO SER A CVT PFD PP</name>
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      <invstOrSec>
        <name>Treeline Bio Common WTS 8/35 PP</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>TREELINE BIO SER A CVT PFD STOCK PP</name>
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      <invstOrSec>
        <name>TREELINE BIO SER A-1 CVT PFD STOCK PP</name>
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      <invstOrSec>
        <name>Treeline Bio SER A-2 CVT PFD PP</name>
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        <name>TENAX THERAPEUTICS NEW WTS 8/29 PIPE PP</name>
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        <name>TESSERA THERAPEUTICS SER C' CVT PFD PP</name>
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        <name>UCB SA</name>
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        <name>UNIQURE NV</name>
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        <balance>273538.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1075004.340000</valUSD>
        <pctVal>0.0088994696</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WATERS CORP</name>
        <lei>5T547R1474YC9HOD8Q74</lei>
        <title>WATERS CORP</title>
        <cusip>941848103</cusip>
        <identifiers>
          <isin value="US9418481035"/>
        </identifiers>
        <balance>78891.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29965168.530000</valUSD>
        <pctVal>0.2480679343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WAVE LIFE SCIENCES LTD</name>
        <lei>54930070006GPKFYZ813</lei>
        <title>WAVE LIFE SCIENCES LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SG9999014716"/>
        </identifiers>
        <balance>1529350.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>25998950.000000</valUSD>
        <pctVal>0.2152334239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XENCOR INC</name>
        <lei>549300V5IF65437JKG30</lei>
        <title>XENCOR INC</title>
        <cusip>98401F105</cusip>
        <identifiers>
          <isin value="US98401F1057"/>
        </identifiers>
        <balance>437762.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6702136.220000</valUSD>
        <pctVal>0.0554839225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XENON PHARMACEUTICALS INC</name>
        <lei>549300XV44Q9Z1MIPQ03</lei>
        <title>XENON PHARMACEUTICALS INC</title>
        <cusip>98420N105</cusip>
        <identifiers>
          <isin value="CA98420N1050"/>
        </identifiers>
        <balance>120751.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5412059.820000</valUSD>
        <pctVal>0.0448039696</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZAI LAB LTD ADR</name>
        <lei>549300P2UYQ9U5LY1T58</lei>
        <title>ZAI LAB LTD</title>
        <cusip>98887Q104</cusip>
        <identifiers>
          <isin value="US98887Q1040"/>
        </identifiers>
        <balance>455856.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8041299.840000</valUSD>
        <pctVal>0.0665702460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZOETIS INC</name>
        <lei>549300HD9Q1LOC9KLJ48</lei>
        <title>ZOETIS INC</title>
        <cusip>98978V103</cusip>
        <identifiers>
          <isin value="US98978V1035"/>
        </identifiers>
        <balance>148079.000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18631299.780000</valUSD>
        <pctVal>0.1542400152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-02-04</ncom:dateSigned>
      <ncom:nameOfApplicant>T. ROWE PRICE HEALTH SCIENCES FUND, INC.</ncom:nameOfApplicant>
      <ncom:signature>/s/ Alan Dupski</ncom:signature>
      <ncom:signerName>Alan Dupski</ncom:signerName>
      <ncom:title>Treasurer &amp; Vice President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
