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
ABEONA THERAPEUTICS INC COM 00289Y107 372 76,800 SH   SOLE 76,800 0 0
ACHILLION PHARMACEUTICALS COM 00448Q201 812 196,500 SH   SOLE 196,500 0 0
ADVAXIS INC COM NEW 007624208 1,253 175,000 SH   SOLE 175,000 0 0
AEGLEA BIOTHERAPEUTICS INC COM ADDED 00773J103 1,524 350,392 SH   SOLE 350,392 0 0
AERIE PHARMACEUTICALS INC COM 00771V108 3,723 98,370 SH   SOLE 98,370 0 0
ALDER BIOPHARMACEUTICALS INC COM 014339105 4,597 221,013 SH   SOLE 221,013 0 0
APPLIED GENETIC TECHNOL CORP COM 03820J100 2,677 286,298 SH   SOLE 286,298 0 0
ARBUTUS BIOPHARMA CORP COM 03879J100 573 234,000 SH   SOLE 234,000 0 0
ARDELYX INC COM 039697107 2,471 173,995 SH   SOLE 173,995 0 0
ARQULE INC COM 04269E107 843 668,735 SH   SOLE 668,735 0 0
ASCENDIS PHARMA SPONSORED ADR 04351P101 1,073 53,000 SH   SOLE 53,000 0 0
ATRICURE INC COM 04963C209 10,156 518,946 SH   SOLE 518,946 0 0
AVINGER INC COM 053734109 93 25,000 SH   SOLE 25,000 0 0
BEIGENE LTD SPONSORED ADR 07725L102 3,638 119,841 SH   SOLE 119,841 0 0
BIOCRYST PHARMACEUTICALS INC COM 09058V103 417 65,900 SH   SOLE 65,900 0 0
BIOPHARMX CORP COM 09072X101 29 77,031 SH   SOLE 77,031 0 0
BIOTELEMETRY INC COM 090672106 1,676 75,000 SH   SOLE 75,000 0 0
BLUEBIRD BIO INC COM 09609G100 555 9,000 SH   SOLE 9,000 0 0
BLUEPRINT MEDICINES CORP COM 09627Y109 2,034 72,500 SH   SOLE 72,500 0 0
CARA THERAPEUTICS INC COM 140755109 1,946 209,522 SH   SOLE 209,522 0 0
CELYAD ADR 151205200 222 12,528 SH   SOLE 12,528 0 0
CHECK CAP LTD *W EXP 02/28/202 M2361E120 10 15,250 SH   SOLE 15,250 0 0
CIDARA THERAPEUTICS INC COM 171757107 1,663 159,918 SH   SOLE 159,918 0 0
COGENTIX MEDICAL INC COM 19243A104 710 353,482 SH   SOLE 353,482 0 0
CONCERT PHARMACEUTICALS INC COM 206022105 689 66,968 SH   SOLE 66,968 0 0
CYTOKINETICS INC COM NEW 23282W605 2,555 210,306 SH   SOLE 210,306 0 0
DERMA SCIENCES INC COM PAR $.01 249827502 1,839 353,718 SH   SOLE 353,718 0 0
DERMIRA INC COM 24983L104 2,997 98,800 SH   SOLE 98,800 0 0
EIGER BIOPHARMACEUTICALS INC COM 28249U105 468 40,192 SH   SOLE 40,192 0 0
ESSA PHARMA INC COM 29668H104 289 98,046 SH   SOLE 98,046 0 0
EXACTECH INC COM 30064E109 864 31,636 SH   SOLE 31,636 0 0
FOAMIX PHARMACEUTICALS LTD SHS M46135105 2,976 268,067 SH   SOLE 268,067 0 0
GALAPAGOS NV SPON ADR 36315X101 4,241 66,068 SH   SOLE 66,068 0 0
GENVEC INC COM PAR ADDED 37246C406 31 9,580 SH   SOLE 9,580 0 0
IMMUNOMEDICS INC COM 452907108 2,054 559,674 SH   SOLE 559,674 0 0
INOTEK PHARMACEUTICALS CORP NOTE 5.750% 8/0 ADDED 45780VAB8 618 600,000 PRN   SOLE 600,000 0 0
INOTEK PHARMACEUTICALS CORP COM 45780V102 1,447 237,135 SH   SOLE 237,135 0 0
INSULET CORP COM 45784P101 2,769 73,484 SH   SOLE 73,484 0 0
INSULET CORP NOTE 2.000% 6/1 45784PAD3 2,457 2,250,000 PRN   SOLE 2,250,000 0 0
IRONWOOD PHARMACEUTICALS INC DBCV 2.250% 6/1 46333XAD0 690 600,000 PRN   SOLE 600,000 0 0
ISHARES TR NASDQ BIOTEC ETF 464287556 2,309 8,700 SH   SOLE 8,700 0 0
JOHNSON AND JOHNSON COM 478160104 1,083 9,400 SH   SOLE 9,400 0 0
LOXO ONCOLOGY INC COM 548862101 4,487 139,722 SH   SOLE 139,722 0 0
MACROGENICS INC COM 556099109 1,823 89,200 SH   SOLE 89,200 0 0
MASIMO CORPORATION COM 574795100 674 10,000 SH   SOLE 10,000 0 0
NEOS THERAPEUTICS INC COM 64052L106 227 38,873 SH   SOLE 38,873 0 0
NEUROCRINE BIOSCIENCES INC COM 64125C109 2,555 66,008 SH   SOLE 66,008 0 0
NEURODERM LTD ORD SHS M74231107 842 37,921 SH   SOLE 37,921 0 0
NOVADAQ TECHNOLOGIES INC COM 66987G102 722 101,841 SH   SOLE 101,841 0 0
NXSTAGE MEDICAL INC COM 67072V103 6,189 236,119 SH   SOLE 236,119 0 0
PIERIS PHARMACEUTICALS INC COM 720795103 314 223,325 SH   SOLE 223,325 0 0
PROTAGONIST THERAPEUTICS INC COM 74366E102 1,002 45,586 SH   SOLE 45,586 0 0
PROTALIX BIOTHERAPEUTICS INC NOTE 4.500% 9/1 74365AAB7 1,546 2,500,000 PRN   SOLE 2,500,000 0 0
RADIUS HEALTH INC COM NEW 750469207 2,048 53,854 SH   SOLE 53,854 0 0
SCYNEXIS INC COM 811292101 554 173,645 SH   SOLE 173,645 0 0
SPECTRANETICS CORP COM 84760C107 1,605 65,496 SH   SOLE 65,496 0 0
SPRING BK PHARMACEUTICALS IN COM 849431101 219 27,412 SH   SOLE 27,412 0 0
STEREOTAXIS INC COM 85916J409 892 1,372,862 SH   SOLE 1,372,862 0 0
SUNESIS PHARMACEUTICALS INC COM PAR 867328700 4,104 1,133,583 SH   SOLE 1,133,583 0 0
SYNERGY PHARMACEUTICALS COM NEW 871639308 207 34,000 SH   SOLE 34,000 0 0
SYNERON MEDICAL LTD ORD SHS M87245102 722 85,947 SH   SOLE 85,947 0 0
TANDEM DIABETES CARE INC COM 875372104 1,557 724,286 SH   SOLE 724,286 0 0
TESARO INC COM 881569107 2,084 15,500 SH   SOLE 15,500 0 0
UNIQURE NV SHS N90064101 1,142 203,907 SH   SOLE 203,907 0 0
XENON PHARMACEUTICALS INC COM 98420N105 3,959 514,091 SH   SOLE 514,091 0 0
ZOGENIX INC COM NEW 98978L204 906 74,538 SH   SOLE 74,538 0 0