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 46,089 778,000 SH   SOLE 778,000 0 0
ADMA BIOLOGICS INC COM 000899104 8,554 1,060,017 SH   SOLE 1,060,017 0 0
AKORN INC COM 009728106 70,656 1,893,756 SH   SOLE 1,893,756 0 0
ANI PHARMACEUTICALS INC COM 00182C103 42,710 946,489 SH   SOLE 946,489 0 0
AXOGEN INC COM 05463X106 2,032 406,351 SH   SOLE 406,351 0 0
BIOLASE INC COM 090911108 922 1,096,092 SH   SOLE 1,096,092 0 0
CATALYST PHARMACEUTICALS INC COM 14888U101 7,078 2,888,942 SH   SOLE 2,888,942 0 0
CTI BIOPHARMA CORP COM 12648L106 635 510,000 SH   SOLE 510,000 0 0
DERMA SCIENCES INC COM PAR $.01 249827502 4,284 937,516 SH   SOLE 937,516 0 0
EAGLE PHARMACEUTICALS INC COM 269796108 124,682 1,406,137 SH   SOLE 1,406,137 0 0
INSYS THERAPEUTICS INC NEW COM NEW 45824V209 73,541 2,568,684 SH   SOLE 2,568,684 0 0
LANNET INC COM 516012101 52,826 1,316,700 SH   SOLE 1,316,700 0 0
MALLINCKRODT PUB LTD CO SHS G5785G107 56,719 760,000 SH   SOLE 760,000 0 0
MERUS LABS INTL INC NEW COM 59047R101 47 28,484 SH   SOLE 28,484 0 0
ORTHOFIX INTL N V COM N6748L102 72,515 1,849,396 SH   SOLE 1,849,396 0 0
OSIRIS THERAPEUTICS INC NEW COM 68827R108 23,259 2,240,709 SH   SOLE 2,240,709 0 0
PACIFIC BIOSCIENCES CALIF IN COM 69404D108 72,198 5,498,712 SH   SOLE 5,498,712 0 0
RETROPHIN INC COM 761299106 66,750 3,460,323 SH   SOLE 3,460,323 0 0
SEASPINE HLDGS CORP COM 81255T108 2,538 147,723 SH   SOLE 147,723 0 0
VANDA PHARMACEUTICALS INC COM 921659108 10,182 1,093,696 SH   SOLE 1,093,696 0 0
VERACYTE INC COM 92337F107 1,194 165,825 SH   SOLE 165,825 0 0
VERICEL CORP COM 92346J108 6,071 2,352,940 SH   SOLE 2,352,940 0 0