13F-HR 1 dafna13f-111114.txt 13F FILING - 3Q 2011 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: DAFNA Capital Management, LLC Address: 10990 Wilshire Boulevard, Suite 1400 Los Angeles, CA 90024 13F File Number: 28-12327 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Nathan Fischel Title: CEO & CCO Phone: (310) 954-3200 Signature, Place, and Date of Signing: Nathan Fischel, MD, CFA Los Angeles, CA November 14, 2011 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28 - ---------------------- --------------------------------------- [Repeat as necessary.] SEC 1685 (3-01) Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 61 Form 13F Information Table Value Total: $49,886 --------------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name 1 28 - 12328 Nathan Fischel ------- ------------------ -------------------------------- [Repeat as necessary.]
--------------------------------- -------- ---------- -------- --------------------- ------------------- ------------------------- Column 1 Column Column Column Column Column Column Column 8 2 3 4 5 6 7 --------------------------------- -------- ---------- -------- --------------------- ------------------- ------------------------- Voting Authority --------------------------------- -------- ---------- -------- --------------------- ---------- -------- ------------------------- TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE --------------------------------- -------- ---------- -------- ------------ ---- ---- ---------- -------- --------- ------- ------- ACHILLION PHARMACEUTICALS INC COM 00448Q201 417 88400 SH Sole 88400 ALNYLAM PHARMACEUTICALS INC COM 02043Q107 604 91886 SH Sole 91886 ARIAD PHARMACEUTICALS INC COM 04033A100 2190 249115 SH Sole 249115 BIODEL INC COM 09064M105 57 104840 SH Sole 104840 BIOSPECIFICS TECHNOLOGIES CORP COM 090931106 796 49298 SH Sole 49298 CARDIONET INC COM 14159L103 1024 341476 SH Sole 341476 CARDIOVASCULAR SYSTEMS INC COM 141619106 324 28470 SH Sole 28470 COMBIMATRIX CORPORATION *W EXP 05/01/201 20009T113 5 23266 SH Sole 23266 CONCEPTUS INC COM 206016107 202 19272 SH Sole 19272 CYTRX CORP COM NEW 232828301 127 376500 SH Sole 376500 DENDREON CORP COM 24823Q107 198 22000 SH Sole 22000 DERMA SCIENCES INC COM PAR $.01 249827502 708 90909 SH Sole 90909 DIGIRAD CORP COM 253827109 259 117221 SH Sole 117221 DISCOVERY LABORATORIES INC NEW COM NEW 254668403 715 365000 SH Sole 365000 DYNAVAX TECHNOLOGIES CORP COM 268158102 1973 1060656 SH Sole 1060656 ENTEROMEDICS INC COM NEW 29365M208 371 216802 SH Sole 216802 EXACTECH INC COM 30064E109 301 21363 SH Sole 21363 FLAMEL TECHNOLOGIES SA ADR SPONSORED ADR 338488109 427 102449 SH Sole 102449 GILEAD SCIENCES INC COM 375558103 413 10650 SH Sole 10650 GIVEN IMAGING LTD ORD SHS M52020100 844 55949 SH Sole 55949 GRAYMARK HEALTHCARE INC COM PAR $.0001 389465303 655 590401 SH Sole 590401 INFUSYSTEMS HOLDINGS INC COM 45685K102 583 614061 SH Sole 614061 INHIBITEX INC COM 45719T103 451 183440 SH Sole 183440 INSITE VISION INC COM 457660108 154 308200 SH Sole 308200 INSULET CORPORATION NOTE 3.750% 6/1 45784PAC5 2745 3000000 PRN Sole 3000000 INSULET CORPORATION COM 45784P101 2515 164781 SH Sole 164781 INTELGENX TECHNOLOGIES CORP COM 45822R101 26 43480 SH Sole 43480 INTELLIPHARMACEUTICS INTL IN COM 458173101 138 41172 SH Sole 41172 INTERMUNE INC COM 45884X103 743 36801 SH Sole 36801 JOHNSON & JOHNSON COM 478160104 599 9400 SH Sole 9400 MANNKIND CORP NOTE 3.750% 12/1 56400PAA0 1073 1891000 PRN Sole 1891000 MASIMO CORP COM 574795100 379 17500 SH Sole 17500 MEDICINOVA INC COM NEW 58468P206 187 86752 SH Sole 86752 MEDIVATION INC COM 58501N101 886 52175 SH Sole 52175 MEDLINK INTERNATIONAL INC COM 58502M102 31 156751 SH Sole 156751 MYREXIS INC COM 62856H107 48 17600 SH Sole 17600 NANOSPHERE INC COM 63009F105 227 227273 SH Sole 227273 NEUROCRINE BIOSCIENCES INC COM 64125C109 236 39385 SH Sole 39385 NUVASIVE INC NOTE 2.750% 7/0 670704AC9 835 1000000 PRN Sole 1000000 PHARMACYCLICS INC COM 716933106 3171 268077 SH Sole 268077 PLURISTEM THERAPEUTICS INC COM 72940R102 78 36026 SH Sole 36026 POZEN INC COM 73941U102 1254 520451 SH Sole 520451 PROGENICS PHARMACEUTICALS INC COM 743187106 289 50389 SH Sole 50389 PROTALIX BIOTHERAPEUTICS INC COM 74365A101 861 187236 SH Sole 187236 RIGEL PHARMACEUTICALS INC COM NEW 766559603 1936 262994 SH Sole 262994 ROSETTA GENOMICS LTD SHS M82183100 64 62500 SH Sole 62500 RTI BIOLOGICS INC COM 74975N105 1264 384077 SH Sole 384077 SANUWAVE HEALTH INC COM 80303D107 9 3354 SH Sole 3354 SONOSITE INC COM 83568G104 3354 110553 SH Sole 110553 SPECTRANETICS CORP COM 84760C107 979 137062 SH Sole 137062 STEREOTAXIS INC COM 85916J102 952 858084 SH Sole 858084 SYNTA PHARMACEUTICALS CORP COM 87162T206 533 163900 SH Sole 163900 TARGACEPT INC COM 87611R306 2325 155032 SH Sole 155032 TEARLAB CORP COM 878193101 1236 1373700 SH Sole 1373700 THERAGENICS CORP COM 883375107 743 554751 SH Sole 554751 THRESHOLD PHARMACEUTICAL INC COM NEW 885807206 1558 1081625 SH Sole 1081625 TRANS1 INC COM 89385X105 1398 465949 SH Sole 465949 TRIUS THERAPEUTICS INC COM 89685K100 513 81353 SH Sole 81353 VIKING SYSTEMS INC COM 92685Q200 800 4000000 SH Sole 4000000 WRIGHT MEDICAL GROUP INC COM 98235T107 393 22000 SH Sole 22000 YM BIOSCIENCES INC COM 984238105 1710 919399 SH Sole 919399