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
ADAMIS PHARMACEUTICALS CORP COM NEW 00547W208 795 125,000 SH   SOLE 125,000 0 0
ALCOBRA LTD SHS M2239P109 175 9,621 SH   SOLE 9,621 0 0
AMPIO PHARMACEUTICALS INC COM 03209T109 10,323 1,625,703 SH   SOLE 1,625,703 0 0
ATRICURE INC COM 04963C209 10,740 570,987 SH   SOLE 570,987 0 0
AVEO PHARMACEUTICALS INC COM 053588109 391 261,507 SH   SOLE 261,507 0 0
BIOSPECIFICS TECHNOLOGIES COM 090931106 1,817 70,088 SH   SOLE 70,088 0 0
BIOTA PHARMACEUTICALS INC COM 090694100 4,459 729,781 SH   SOLE 729,781 0 0
BIOTELEMETRY INC COM 090672106 2,176 215,645 SH   SOLE 215,645 0 0
CARDICA INC COM 14141R101 1,055 1,053,704 SH   SOLE 1,053,704 0 0
CELSUS THERAPEUTICS PLC SPONSORED ADR NE 15119A202 285 43,900 SH   SOLE 43,900 0 0
CHEMBIO DIAGNOSTICS INC COM NEW 163572209 190 55,202 SH   SOLE 55,202 0 0
CLOVIS ONCOLOGY INC COM 189464100 873 12,600 SH   SOLE 12,600 0 0
CURIS INC COM 231269101 423 150,000 SH   SOLE 150,000 0 0
CUTERA INC COM 232109108 992 88,694 SH   SOLE 88,694 0 0
CYTRX CORP COM PAR $.001 232828509 785 225,000 SH   SOLE 225,000 0 0
DERMA SCIENCES INC COM PAR $.01 249827502 4,879 384,794 SH   SOLE 384,794 0 0
DISCOVERY LABORATORIES INC COM NEW 254668403 12,252 5,698,739 SH   SOLE 5,698,739 0 0
EXACTECH INC COM 30064E109 713 31,636 SH   SOLE 31,636 0 0
GALMED PHARMACEUTICALS LTD SHS M47238106 2,318 202,100 SH   SOLE 202,100 0 0
GENVEC INC COM NEW 37246C307 265 100,000 SH   SOLE 100,000 0 0
IMMUNOCELLULAR THERAPEUTICS COM 452536105 691 566,680 SH   SOLE 566,680 0 0
INSPIREMD INC COM NEW 45779A309 875 286,724 SH   SOLE 286,724 0 0
INSULET CORP NOTE 3.750% 6/1 45784PAC5 4,752 2,625,000 PRN   SOLE 2,625,000 0 0
INSULET CORP COM 45784P101 5,189 109,418 SH   SOLE 109,418 0 0
INTERCEPT PHARMACEUTICALS IN COM 45845P108 660 2,000 SH   SOLE 2,000 0 0
JOHNSON AND JOHNSON COM 478160104 923 9,400 SH   SOLE 9,400 0 0
KERYX BIOPHARMACEUTICALS COM 492515101 1,704 100,000 SH   SOLE 100,000 0 0
LPATH INC COM NEW 548910306 499 105,000 SH   SOLE 105,000 0 0
MASIMO CORPORATION COM 574795100 478 17,500 SH   SOLE 17,500 0 0
MERRIMACK PHARMACEUTICALS IN COM 590328100 2,595 514,853 SH   SOLE 514,853 0 0
NOVADAQ TECHNOLOGIES INC COM 66987G102 5,872 263,541 SH   SOLE 263,541 0 0
NUVASIVE INC NOTE 2.750% 7/0 670704AC9 1,194 1,000,000 PRN   SOLE 1,000,000 0 0
NXSTAGE MEDICAL INC COM 67072V103 4,894 384,154 SH   SOLE 384,154 0 0
OCERA THERAPEUTICS INC COM 67552A108 667 63,223 SH   SOLE 63,223 0 0
PHARMACYCLICS INC COM 716933106 11,087 110,628 SH   SOLE 110,628 0 0
PROTALIX BIOTHERAPEUTICS INC COM 74365A101 5,397 1,178,440 SH   SOLE 1,178,440 0 0
RETRACTABLE TECHNOLOGIES INC COM 76129W105 76 20,000 SH   SOLE 20,000 0 0
RTI SURGICAL INC COM 74975N105 682 167,058 SH   SOLE 167,058 0 0
SPECTRANETICS CORP COM 84760C107 1,278 42,162 SH   SOLE 42,162 0 0
STEREOTAXIS INC COM NEW 85916J409 5,871 1,381,460 SH   SOLE 1,381,460 0 0
SYNERON MEDICAL LTD ORD SHS M87245102 1,132 90,947 SH   SOLE 90,947 0 0
THRESHOLD PHARMACEUTICAL INC COM NEW 885807206 1,288 270,500 SH   SOLE 270,500 0 0
TONIX PHARMACEUTICALS HLDG C COM NEW 890260201 260 25,000 SH   SOLE 25,000 0 0
UROPLASTY INC COM NEW 917277204 1,050 289,332 SH   SOLE 289,332 0 0
VENAXIS INC COM 92262A107 192 73,000 SH   SOLE 73,000 0 0
XENOPORT INC COM 98411C100 1,138 220,190 SH   SOLE 220,190 0 0