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
Achillion Pharmaceuticals Inc. COM 00448Q201 4,746 1,279,340 SH   DFND 3 1,279,340 0 0
Agios Pharmaceuticals Inc. COM 00847X104 207,333 2,535,253 SH   DFND 3 2,535,253 0 0
Akcea Therapeutics, Inc. COM 00972L107 61,197 2,389,571 SH   DFND 3 2,389,571 0 0
Alder Biopharmaceuticals Inc. COM 014339105 28,778 2,266,008 SH   DFND 3 2,266,008 0 0
Alexion Pharmaceuticals Inc. COM 015351109 155,423 1,394,428 SH   DFND 2 1,394,428 0 0
Alnylam Pharmaceuticals Inc. COM 02043Q107 120,450 1,011,338 SH   DFND 3 1,011,338 0 0
Argenx SE SPONSORED ADR 04016X101 31,920 396,819 SH   DFND 3 396,819 0 0
AveXis, Inc. COM 05366U100 49,778 402,800 SH   DFND 3 402,800 0 0
Celgene Corp COM 151020104 296,561 3,324,298 SH   DFND 2 3,324,298 0 0
Cidara Therapeutics Inc. COM 171757107 9,181 2,295,272 SH   DFND 3 2,295,272 0 0
Esperion Therapeutics Inc. COM 29664W105 174,530 2,412,964 SH   DFND 3 2,412,964 0 0
Five Prime Therapeutics Inc. COM 33830X104 16,793 977,500 SH   DFND 3 977,500 0 0
Gilead Sciences Inc. COM 375558103 201,638 2,674,596 SH   DFND 1 2,674,596 0 0
Halozyme Therapeutics Inc. COM 40637H109 166,909 8,520,137 SH   DFND 3 8,520,137 0 0
Incyte Corp. COM 45337C102 308,181 3,698,322 SH   DFND 3 3,698,322 0 0
Intercept Pharmaceuticals Inc. COM 45845P108 33,573 545,719 SH   DFND 3 545,719 0 0
Intra-Cellular Therapies Inc. COM 46116X101 46,310 2,200,000 SH   DFND 3 2,200,000 0 0
Ionis Pharmaceuticals Inc. COM 462222100 375,400 8,516,334 SH   DFND 3 8,516,334 0 0
MacroGenics Inc. COM 556099109 65,426 2,600,412 SH   DFND 3 2,600,412 0 0
Myovant Sciences Ltd. COM G637AM102 74,613 3,507,882 SH   DFND 3 3,507,882 0 0
Neurocrine Biosciences Inc. COM 64125C109 282,190 3,402,753 SH   DFND 3 3,402,753 0 0
Novavax Inc. COM 670002104 17,493 8,330,000 SH   DFND 3 8,330,000 0 0
Prothena Corp. PLC SHS G72800108 14,684 400,000 SH   DFND 3 400,000 0 0
Radius Health Inc. COM NEW 750469207 210,386 5,853,799 SH   DFND 4 5,853,799 0 0
Regeneron Pharmaceuticals Inc. COM 75886F107 96,421 280,000 SH   DFND 2 280,000 0 0
Sage Therapeutics Inc. COM 78667J108 161,463 1,002,439 SH   DFND 3 1,002,439 0 0
Tesaro Inc. COM 881569107 93,124 1,629,743 SH   DFND 3 1,629,743 0 0
Vertex Pharmaceuticals Inc. COM 92532F100 240,468 1,475,445 SH   DFND 3 1,475,445 0 0
Voyager Therapeutics Inc. COM 92915B106 37,442 1,992,641 SH   DFND 3 1,992,641 0 0
Wave Life Sciences Ltd. SHS Y95308105 35,933 896,096 SH   DFND 3 896,096 0 0