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
AMGEN INC COM 031162100 15,212 87,477 SH   SOLE   87,477 0 0
AVIRAGEN THERAPEUTICS INC COM 053761102 1,591 2,809,531 SH   SOLE   2,809,531 0 0
BIOVERATIV INC COM 97075E100 39,376 730,260 SH   SOLE   730,260 0 0
CONMED CORP COM 207410101 8,387 164,547 SH   SOLE   164,547 0 0
DIGIRAD CORP COM 253827109 912 354,179 SH   SOLE   354,179 0 0
ENANTA PHARMACEUTICALS INC COM 29251M106 50,862 866,770 SH   SOLE   866,770 0 0
GILEAD SCIENCES INC COM 375558103 34,248 478,053 SH   SOLE   478,053 0 0
HALYARD HEALTH INC COM 40650V100 18,242 395,015 SH   SOLE   395,015 0 0
INVACARE CORP COM 461203101 18,666 1,107,770 SH   SOLE   1,107,770 0 0
JUNIPER PHARMACEUTICALS INC COM 48203L107 2,134 440,102 SH   SOLE   440,102 0 0
MCKESSON CORP COM 58155Q103 19,725 126,482 SH   SOLE   126,482 0 0
MERCK & CO. INC. COM 58933Y105 8,973 159,466 SH   SOLE   159,466 0 0
ORTHOFIX INTERNATIONAL NV COM N6748L102 17,742 324,357 SH   SOLE   324,357 0 0
RTI SURGICAL INC COM 74975N105 17,773 4,334,852 SH   SOLE   4,334,852 0 0
SUCAMPO PHARMACEUTICALS-CL A COM 864909106 23,414 1,304,376 SH   SOLE   1,304,376 0 0
UNITED THERAPEUTICS CORP COM 91307C102 43,561 294,429 SH   SOLE   294,429 0 0