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
ALCOBRA LTD SHS M2239P109 1,471 84,996 SH   SOLE 84,996 0 0
AMPIO PHARMACEUTICALS INC COM 03209T109 11,700 1,401,146 SH   SOLE 1,401,146 0 0
ARDELYX INC COM 039697107 399 25,000 SH   SOLE 25,000 0 0
ATRICURE INC COM 04963C209 10,495 570,987 SH   SOLE 570,987 0 0
BIOLIFE SOLUTIONS INC COM NEW 09062W204 265 116,279 SH   SOLE 116,279 0 0
BIOSPECIFICS TECHNOLOGIES COM 090931106 1,890 70,088 SH   SOLE 70,088 0 0
BIOTA PHARMACEUTICALS INC COM 090694100 2,080 729,781 SH   SOLE 729,781 0 0
BIOTELEMETRY INC COM 090672106 1,690 235,645 SH   SOLE 235,645 0 0
CARDICA INC COM 14141R101 1,694 1,486,004 SH   SOLE 1,486,004 0 0
CELSUS THERAPEUTICS PLC SPONSORED ADR NE 15119A202 272 43,900 SH   SOLE 43,900 0 0
CHEMBIO DIAGNOSTICS INC COM NEW 163572209 189 55,202 SH   SOLE 55,202 0 0
CURIS INC COM 231269101 279 150,000 SH   SOLE 150,000 0 0
CUTERA INC COM 232109108 922 88,694 SH   SOLE 88,694 0 0
CYTRX CORP COM PAR $.001 232828509 941 225,000 SH   SOLE 225,000 0 0
DERMA SCIENCES INC COM PAR $.01 249827502 4,448 384,794 SH   SOLE 384,794 0 0
DISCOVERY LABORATORIES INC COM NEW 254668403 10,144 5,698,739 SH   SOLE 5,698,739 0 0
ENCISION INC COM 29254Q104 1,126 1,062,500 SH   SOLE 1,062,500 0 0
EXACTECH INC COM 30064E109 798 31,636 SH   SOLE 31,636 0 0
FATE THERAPEUTICS INC COM 31189P102 479 75,930 SH   SOLE 75,930 0 0
GALMED PHARMACEUTICALS LTD SHS M47238106 2,007 206,100 SH   SOLE 206,100 0 0
GENVEC INC COM NEW 37246C307 257 100,000 SH   SOLE 100,000 0 0
INSPIREMD INC COM NEW 45779A309 248 84,226 SH   SOLE 84,226 0 0
INSULET CORP COM 45784P101 4,341 109,418 SH   SOLE 109,418 0 0
INSULET CORP NOTE 2.000% 6/1 45784PAD3 2,675 2,407,000 PRN   SOLE 2,407,000 0 0
INTERCEPT PHARMACEUTICALS IN COM 45845P108 473 2,000 SH   SOLE 2,000 0 0
JOHNSON AND JOHNSON COM 478160104 983 9,400 SH   SOLE 9,400 0 0
KERYX BIOPHARMACEUTICALS COM 492515101 1,421 92,400 SH   SOLE 92,400 0 0
LPATH INC COM NEW 548910306 417 105,000 SH   SOLE 105,000 0 0
LUMENIS LTD SHS CL B M6778Q121 92 9,478 SH   SOLE 9,478 0 0
MASIMO CORPORATION COM 574795100 413 17,500 SH   SOLE 17,500 0 0
NORTHWEST BIOTHERAPEUTICS IN COM PAR $0.001 66737P600 81 12,017 SH   SOLE 12,017 0 0
NOVADAQ TECHNOLOGIES INC COM 66987G102 4,343 263,541 SH   SOLE 263,541 0 0
NUVASIVE INC NOTE 2.750% 7/0 670704AC9 1,146 1,000,000 PRN   SOLE 1,000,000 0 0
NXSTAGE MEDICAL INC COM 67072V103 5,520 384,154 SH   SOLE 384,154 0 0
OCERA THERAPEUTICS INC COM 67552A108 1,227 160,622 SH   SOLE 160,622 0 0
PHARMACYCLICS INC COM 716933106 10,373 115,628 SH   SOLE 115,628 0 0
PROTALIX BIOTHERAPEUTICS INC COM 74365A101 4,301 1,178,440 SH   SOLE 1,178,440 0 0
REGADO BIOSCIENCES INC COM 75874Q107 204 30,000 SH   SOLE 30,000 0 0
RETRACTABLE TECHNOLOGIES INC COM 76129W105 50 20,000 SH   SOLE 20,000 0 0
RTI SURGICAL INC COM 74975N105 727 167,058 SH   SOLE 167,058 0 0
SCYNEXIS INC COM 811292101 401 50,000 SH   SOLE 50,000 0 0
SPECTRANETICS CORP COM 84760C107 965 42,162 SH   SOLE 42,162 0 0
STEREOTAXIS INC COM NEW 85916J409 4,904 1,381,460 SH   SOLE 1,381,460 0 0
SYNERON MEDICAL LTD ORD SHS M87245102 939 90,947 SH   SOLE 90,947 0 0
THRESHOLD PHARMACEUTICAL INC COM NEW 885807206 1,556 393,000 SH   SOLE 393,000 0 0
TONIX PHARMACEUTICALS HLDG C COM NEW 890260201 359 25,000 SH   SOLE 25,000 0 0
UROPLASTY INC COM NEW 917277204 1,184 441,859 SH   SOLE 441,859 0 0
VENAXIS INC COM 92262A107 1,467 658,000 SH   SOLE 658,000 0 0
XENOPORT INC COM 98411C100 1,160 240,190 SH   SOLE 240,190 0 0