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
ABBVIE INC COM 00287Y109 4,098 70,000 SH   SOLE 0 70,000 0 0
ACADIA PHARMACEUTICALS INC COM 004225108 3,911 120,000 SH   SOLE 0 120,000 0 0
ACHILLION PHARMACEUTICALS IN COM 00448Q201 3,698 375,000 SH   SOLE 0 375,000 0 0
ACTAVIS PLC SHS G0083B108 10,417 35,000 SH   SOLE 0 35,000 0 0
ADVAXIS INC COM NEW 007624208 1,805 125,000 SH   SOLE 0 125,000 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 4,155 100,000 SH Call SOLE 0 100,000 0 0
ALCOBRA LTD SHS M2239P109 4,504 800,000 SH   SOLE 0 800,000 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 4,177 40,000 SH   SOLE 0 40,000 0 0
AMICUS THERAPEUTICS INC COM 03152W109 3,808 350,000 SH   SOLE 0 350,000 0 0
APPLIED GENETIC TECHNOL CORP COM 03820J100 2,334 116,750 SH   SOLE 0 116,750 0 0
ASSEMBLY BIOSCIENCES INC COM 045396108 1,655 125,000 SH   SOLE 0 125,000 0 0
AVALANCHE BIOTECHNOLOGIES IN COM 05337G107 4,457 110,000 SH   SOLE 0 110,000 0 0
AVALANCHE BIOTECHNOLOGIES IN COM 05337G107 4,052 100,000 SH Call SOLE 0 100,000 0 0
BECTON DICKINSON & CO COM 075887109 5,026 35,000 SH   SOLE 0 35,000 0 0
BIODELIVERY SCIENCES INTL IN COM 09060J106 2,100 200,000 SH Call SOLE 0 200,000 0 0
BIOLASE INC COM 090911108 606 300,000 SH   SOLE 0 300,000 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 4,362 35,000 SH   SOLE 0 35,000 0 0
BLUEBIRD BIO INC COM 09609G100 3,623 30,000 SH   SOLE 0 30,000 0 0
CELGENE CORP COM 151020104 6,917 60,000 SH   SOLE 0 60,000 0 0
CELLADON CORP COM 15117E107 1,894 100,000 SH   SOLE 0 100,000 0 0
CEPHEID COM 15670R107 4,268 75,000 SH   SOLE 0 75,000 0 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 7,842 150,000 SH   SOLE 0 150,000 0 0
DBV TECHNOLOGIES S A SPONSORED ADR 23306J101 3,504 150,000 SH   SOLE 0 150,000 0 0
DISCOVERY LABORATORIES INC N COM NEW 254668403 2,975 2,500,000 SH   SOLE 0 2,500,000 0 0
DYAX CORP COM 26746E103 5,864 350,000 SH   SOLE 0 350,000 0 0
ENDO HEALTH SOLUTIONS INC NOTE 1.750% 4/1 29264FAB2 8,073 90,000 SH   SOLE 0 90,000 0 0
ENTELLUS MED INC COM 29363K105 3,285 150,000 SH   SOLE 0 150,000 0 0
EPIZYME INC COM 29428V104 2,160 115,000 SH   SOLE 0 115,000 0 0
EXACT SCIENCES CORP COM 30063P105 3,854 175,000 SH   SOLE 0 175,000 0 0
FIVE PRIME THERAPEUTICS INC COM 33830X104 2,285 100,000 SH   SOLE 0 100,000 0 0
FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 3,596 200,000 SH   SOLE 0 200,000 0 0
GENOCEA BIOSCIENCES INC COM 372427104 4,981 420,000 SH   SOLE 0 420,000 0 0
GLOBEIMMUNE INC COM 37957B100 506 68,973 SH   SOLE 0 68,973 0 0
GW PHARMACEUTICALS PLC ADS 36197T103 4,101 45,000 SH   SOLE 0 45,000 0 0
IGNYTA INC COM 451731103 2,488 250,000 SH   SOLE 0 250,000 0 0
INOGEN INC COM 45780L104 3,519 110,000 SH   SOLE 0 110,000 0 0
INSULET CORP COM 45784P101 1,668 50,000 SH   SOLE 0 50,000 0 0
KINDRED BIOSCIENCES INC COM 494577109 718 100,500 SH   SOLE 0 100,500 0 0
LION BIOTECHNOLOGIES INC COM 53619R102 2,422 200,000 SH   SOLE 0 200,000 0 0
LOXO ONCOLOGY INC COM 548862101 2,179 175,000 SH   SOLE 0 175,000 0 0
MERCK & CO INC NEW COM 58933Y105 5,748 100,000 SH   SOLE 0 100,000 0 0
MERIT MED SYS INC COM 589889104 5,775 300,000 SH   SOLE 0 300,000 0 0
NANOSTRING TECHNOLOGIES INC COM 63009R109 3,414 335,000 SH   SOLE 0 335,000 0 0
NUVASIVE INC COM 670704105 7,358 160,000 SH   SOLE 0 160,000 0 0
NUVASIVE INC COM 670704105 4,599 100,000 SH Call SOLE 0 100,000 0 0
OCERA THERAPEUTICS INC COM 67552A108 589 125,000 SH   SOLE 0 125,000 0 0
PERNIX THERAPEUTICS HLDGS IN COM 71426V108 2,673 250,000 SH   SOLE 0 250,000 0 0
PORTOLA PHARMACEUTICALS INC COM 737010108 6,833 180,000 SH   SOLE 0 180,000 0 0
PTC THERAPEUTICS INC COM 69366J200 3,651 60,000 SH   SOLE 0 60,000 0 0
PUMA BIOTECHNOLOGY INC COM 74587V107 7,083 30,000 SH   SOLE 0 30,000 0 0
RADIUS HEALTH INC COM NEW 750469207 3,087 75,000 SH   SOLE 0 75,000 0 0
REVANCE THERAPEUTICS INC COM 761330109 4,146 200,000 SH   SOLE 0 200,000 0 0
SAGE THERAPEUTICS INC COM 78667J108 6,028 120,000 SH   SOLE 0 120,000 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 22,550 100,000 SH Put SOLE 0 100,000 0 0
SUNESIS PHARMACEUTICALS INC COM NEW 867328601 4,288 1,750,000 SH   SOLE 0 1,750,000 0 0
TETRAPHASE PHARMACEUTICALS I COM 88165N105 2,382 65,000 SH   SOLE 0 65,000 0 0
THERAPEUTICSMD INC COM 88338N107 3,630 600,000 SH   SOLE 0 600,000 0 0
UNILIFE CORP NEW COM 90478E103 1,805 450,000 SH   SOLE 0 450,000 0 0
VITAE PHARMACEUTICALS INC COM 92847N103 3,513 300,000 SH   SOLE 0 300,000 0 0
WRIGHT MED GROUP INC COM 98235T107 5,160 200,000 SH   SOLE 0 200,000 0 0
XOMA CORP DEL COM 98419J107 262 72,000 SH   SOLE 0 72,000 0 0
ZELTIQ AESTHETICS INC COM 98933Q108 6,937 225,000 SH   SOLE 0 225,000 0 0
ZIMMER HLDGS INC COM 98956P102 11,752 100,000 SH   SOLE 0 100,000 0 0
ZS PHARMA INC COM 98979G105 6,943 165,000 SH   SOLE 0 165,000 0 0