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
ACLARIS THERAPEUTICS INC COM 00461U105 16,248 942,445 SH   DFND 1,2 942,445 0 0
ACUMEN PHARMACEUTICALS INC COM 00509G209 3,630 928,282 SH   DFND 1,2 928,282 0 0
ANAPTYSBIO INC COM 032724106 17,318 700,000 SH   DFND 1,2 700,000 0 0
ARDELYX INC COM 039697107 5,095 4,761,905 SH   DFND 1,2 4,761,905 0 0
AVIDITY BIOSCIENCES INC COM 05370A108 9,235 500,000 SH   DFND 1,2 500,000 0 0
BICYCLE THERAPEUTICS PLC SPONSORED ADS 088786108 24,160 550,592 SH   DFND 1,2 550,592 0 0
CHINOOK THERAPEUTICS INC COM 16961L106 23,291 1,423,682 SH   DFND 1,2 1,423,682 0 0
CINCOR PHARMA INC COM 17240Y109 1,397 79,670 SH   DFND 1,2 79,670 0 0
CYTOKINETICS INC COM NEW 23282W605 23,927 650,000 SH   DFND 1,2 650,000 0 0
EXELIXIS INC COM 30161Q104 29,471 1,300,000 SH   DFND 1,2 1,300,000 0 0
GALAPAGOS NV SPON ADR 36315X101 22,327 360,000 SH   DFND 1,2 360,000 0 0
JAZZ PHARMACEUTICALS PLC SHS USD G50871105 24,129 155,000 SH   DFND 1,2 155,000 0 0
KALVISTA PHARMACEUTICALS INC COM 483497103 12,886 874,197 SH   DFND 1,2 874,197 0 0
KINIKSA PHARMACEUTICALS LTD COM CL A G5269C101 11,114 1,118,067 SH   DFND 1,2 1,118,067 0 0
MAGENTA THERAPEUTICS INC COM 55910K108 3,393 1,170,000 SH   DFND 1,2 1,170,000 0 0
NEKTAR THERAPEUTICS COM 640268108 539 100,000 SH Call DFND 1,2 100,000 0 0
PASSAGE BIO INC COM 702712100 353 113,900 SH   DFND 1,2 113,900 0 0
PIERIS PHARMACEUTICALS INC COM 720795103 6,663 2,199,076 SH   DFND 1,2 2,199,076 0 0
POINT BIOPHARMA GLOBAL INC COM 730541109 16,418 2,060,000 SH   DFND 1,2 2,060,000 0 0
RAFAEL HLDGS INC COM CL B 75062E106 304 121,000 SH   DFND 1,2 121,000 0 0
RELMADA THERAPEUTICS INC COM 75955J402 21,322 790,000 SH   DFND 1,2 790,000 0 0
RIGEL PHARMACEUTICALS INC COM NEW 766559603 11,960 4,000,000 SH   DFND 1,2 4,000,000 0 0
SILENCE THERAPEUTICS PLC ADS 82686Q101 8,444 444,443 SH   DFND 1,2 444,443 0 0
TRAVERE THERAPEUTICS INC COM 89422G107 26,028 1,010,000 SH   DFND 1,2 1,010,000 0 0
TRICIDA INC COM 89610F101 10,275 1,250,000 SH   DFND 1,2 1,250,000 0 0
UROGEN PHARMA LTD COM M96088105 7,608 873,424 SH   DFND 1,2 873,424 0 0
VAXCYTE INC COM 92243G108 21,376 885,153 SH   DFND 1,2 885,153 0 0
VENTYX BIOSCIENCES INC COM 92332V107 4,564 336,334 SH   DFND 1,2 336,334 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 22,182 85,000 SH   DFND 1,2 85,000 0 0
XENON PHARMACEUTICALS INC COM 98420N105 28,124 920,000 SH   DFND 1,2 920,000 0 0