Stonepine Capital Management, LLC Quant / Systematic

Location: Bend, OR

CIK: 0001440771 · Show all filings

Period: Q2 2024 (← Previous) (Next →)

Filing Date: Aug 21, 2024

Total Value: $110M (100.0% shares, 0.0% debt)

Holdings (25)

ADMA ADMA BIOLOGICS INC 19.1%

Value $20.91M Shares 1,870,000 Est. Cost $2.26 Unrealized +270.5%

— ALIMERA SCIENCES INC 17.8%

Value $19.53M Shares 3,511,816 Est. Cost $3.11 Unrealized —

EOLS EVOLUS INC 16.4%

Value $17.99M Shares 1,657,611 Est. Cost $8.66 Unrealized +42.1%

GLPG GALAPAGOS NV-SPON ADR 11.0%

Value $12.02M Shares 485,000 Est. Cost $34.61 Unrealized —

— REVANCE THERAPEUTICS INC 6.6%

Value $7.196M Shares 2,800,000 Est. Cost $4.23 Unrealized —

XOMA XOMA CORP 5.4%

Value $5.926M Shares 250,129 Est. Cost $19.74 Unrealized +26.7%

ANIK ANIKA THERAPEUTICS INC 3.8%

Value $4.19M Shares 165,397 Est. Cost $25.28 Unrealized +2.5%

TELA TELA BIO INC 2.7%

Value $2.941M Shares 625,645 Est. Cost $8.26 Unrealized -36.2%

RIGL RIGEL PHARMACEUTICALS INC 2.3%

Value $2.507M Shares 305,000 Est. Cost $10.46 Unrealized 0.0%

— OPTINOSE INC 2.2%

Value $2.444M Shares 2,350,010 Est. Cost $1.04 Unrealized —

ACRS ACLARIS THERAPEUTICS INC 1.9%

Value $2.12M Shares 1,927,446 Est. Cost $1.17 Unrealized 0.0%

— SCPHARMACEUTICALS INC 1.7%

Value $1.834M Shares 421,703 Est. Cost $5.02 Unrealized —

AUPH AURINIA PHARMACEUTICALS INC 1.6%

Value $1.713M Shares 300,000 Est. Cost $5.27 Unrealized 0.0%

MIST MILESTONE PHARMACEUTICALS IN 1.5%

Value $1.636M Shares 1,239,199 Est. Cost $1.62 Unrealized -1.0%

AYTU AYTU BIOPHARMA INC 1.3%

Value $1.38M Shares 472,469 Est. Cost $1.96 Unrealized +53.7%

— KIORA PHARMACEUTICALS INC 0.8%

Value $840K Shares 200,000 Est. Cost $4.20 Unrealized —

— ADICET BIO INC 0.7%

Value $737K Shares 609,446 Est. Cost $1.47 Unrealized —

SRZN SURROZEN INC 0.7%

Value $724K Shares 66,084 Est. Cost $10.32 Unrealized 0.0%

XGN EXAGEN INC 0.6%

Value $653K Shares 358,697 Est. Cost $8.92 Unrealized -81.0%

— KEZAR LIFE SCIENCES INC 0.6%

Value $630K Shares 1,050,452 Est. Cost $0.60 Unrealized —

APRE APREA THERAPEUTICS INC 0.5%

Value $558K Shares 137,174 Est. Cost $5.15 Unrealized 0.0%

— 2SEVENTY BIO INC 0.4%

Value $385K Shares 100,000 Est. Cost $3.85 Unrealized —

ETON ETON PHARMACEUTICALS INC 0.3%

Value $362K Shares 110,000 Est. Cost $3.50 Unrealized 0.0%

IRWD IRONWOOD PHARMACEUTICALS INC 0.3%

Value $313K Shares 48,012 Est. Cost $7.07 Unrealized 0.0%

ACAD ACADIA PHARMACEUTICALS INC 0.1%

Value $81,250 Shares 5,000 Est. Cost $16.14 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ADMA	ADMA BIOLOGICS INC	1,870,000	$20.91M	19.1%	$2.26	+270.5%	COM	000899104
—	ALIMERA SCIENCES INC	3,511,816	$19.53M	17.8%	$3.11	—	COM NEW	016259202
EOLS	EVOLUS INC	1,657,611	$17.99M	16.4%	$8.66	+42.1%	COM	30052C107
GLPG	GALAPAGOS NV-SPON ADR	485,000	$12.02M	11.0%	$34.61	—	SPONS ADR	36315X101
—	REVANCE THERAPEUTICS INC	2,800,000	$7.196M	6.6%	$4.23	—	COM	761330109
XOMA	XOMA CORP	250,129	$5.926M	5.4%	$19.74	+26.7%	COM NEW	98419J206
ANIK	ANIKA THERAPEUTICS INC	165,397	$4.19M	3.8%	$25.28	+2.5%	COM	035255108
TELA	TELA BIO INC	625,645	$2.941M	2.7%	$8.26	-36.2%	COM	872381108
RIGL	RIGEL PHARMACEUTICALS INC	305,000	$2.507M	2.3%	$10.46	0.0%	COM NEW	766559702
—	OPTINOSE INC	2,350,010	$2.444M	2.2%	$1.04	—	COM	68404V100
ACRS	ACLARIS THERAPEUTICS INC	1,927,446	$2.12M	1.9%	$1.17	0.0%	COM	00461U105
—	SCPHARMACEUTICALS INC	421,703	$1.834M	1.7%	$5.02	—	COM	810648105
AUPH	AURINIA PHARMACEUTICALS INC	300,000	$1.713M	1.6%	$5.27	0.0%	COM	05156V102
MIST	MILESTONE PHARMACEUTICALS IN	1,239,199	$1.636M	1.5%	$1.62	-1.0%	COM	59935V107
AYTU	AYTU BIOPHARMA INC	472,469	$1.38M	1.3%	$1.96	+53.7%	COM	054754858
—	KIORA PHARMACEUTICALS INC	200,000	$840K	0.8%	$4.20	—	COM NEW	49721T309
—	ADICET BIO INC	609,446	$737K	0.7%	$1.47	—	COM	007002108
SRZN	SURROZEN INC	66,084	$724K	0.7%	$10.32	0.0%	COM NEW	86889P208
XGN	EXAGEN INC	358,697	$653K	0.6%	$8.92	-81.0%	COM	30068X103
—	KEZAR LIFE SCIENCES INC	1,050,452	$630K	0.6%	$0.60	—	COM	49372L100
APRE	APREA THERAPEUTICS INC	137,174	$558K	0.5%	$5.15	0.0%	COM NEW	03836J201
—	2SEVENTY BIO INC	100,000	$385K	0.4%	$3.85	—	COM	901384107
ETON	ETON PHARMACEUTICALS INC	110,000	$362K	0.3%	$3.50	0.0%	COM	29772L108
IRWD	IRONWOOD PHARMACEUTICALS INC	48,012	$313K	0.3%	$7.07	0.0%	COM CL A	46333X108
ACAD	ACADIA PHARMACEUTICALS INC	5,000	$81,250	0.1%	$16.14	0.0%	COM	004225108