Stonepine Capital Management, LLC Quant / Systematic

Location: Bend, OR

CIK: 0001440771 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: Feb 13, 2018

Total Value: $167M (100.0% shares, 0.0% debt)

Holdings (27)

— VIVEVE MEDICAL INC 11.5%

Value $19.13M Shares 3,849,711 Est. Cost $6.92 Unrealized —

— BIOSPECIFICS TECHNOLOGIES 10.0%

Value $16.72M Shares 385,954 Est. Cost $45.54 Unrealized —

— APOLLO ENDOSURGERY INC 8.6%

Value $14.34M Shares 2,560,314 Est. Cost $4.75 Unrealized —

VNDA VANDA PHARMACEUTICALS INC 8.1%

Value $13.45M Shares 885,000 Est. Cost $14.69 Unrealized +1.0%

ENTA ENANTA PHARMACEUTICALS INC 7.7%

Value $12.82M Shares 218,434 Est. Cost $30.74 Unrealized +62.9%

— BIODELIVERY SCIENCES INTL 6.4%

Value $10.75M Shares 3,645,491 Est. Cost $2.05 Unrealized —

— RECRO PHARMA INC 5.8%

Value $9.714M Shares 1,050,115 Est. Cost $8.20 Unrealized —

CPIX CUMBERLAND PHARMACEUTICALS 5.8%

Value $9.619M Shares 1,306,911 Est. Cost $5.81 Unrealized +26.6%

VCYT VERACYTE INC 4.8%

Value $8.066M Shares 1,235,147 Est. Cost $7.51 Unrealized -1.0%

— OPHTHOTECH CORP 4.4%

Value $7.332M Shares 2,350,000 Est. Cost $4.39 Unrealized —

CDNA CAREDX INC 4.0%

Value $6.753M Shares 920,000 Est. Cost $6.23 Unrealized 0.0%

— NOVELION THERAPEUTICS INC 3.2%

Value $5.288M Shares 1,694,717 Est. Cost $8.59 Unrealized —

— CARDIOME PHARMA CORP 3.0%

Value $4.953M Shares 3,195,692 Est. Cost $2.50 Unrealized —

— CTI BIOPHARMA CORP 2.9%

Value $4.917M Shares 1,834,838 Est. Cost $3.02 Unrealized —

— ALIMERA SCIENCES INC 2.8%

Value $4.735M Shares 3,559,899 Est. Cost $1.33 Unrealized —

— CANCER GENETICS INC 2.0%

Value $3.304M Shares 1,786,063 Est. Cost $1.85 Unrealized —

— MEDICREA INTERNATIONAL 1.5%

Value $2.568M Shares 713,693 Est. Cost $3.60 Unrealized —

— STRONGBRIDGE BIOPHARMA PLC 1.5%

Value $2.496M Shares 344,282 Est. Cost $7.25 Unrealized —

— STEADYMED LTD 1.4%

Value $2.286M Shares 617,725 Est. Cost $3.70 Unrealized —

— EIGER BIOPHARMACEUTICALS INC 1.3%

Value $2.093M Shares 150,000 Est. Cost $13.95 Unrealized —

— NEOS THERAPEUTICS INC 0.9%

Value $1.428M Shares 140,000 Est. Cost $10.20 Unrealized —

— ACER THERAPEUTICS INC 0.8%

Value $1.385M Shares 100,000 Est. Cost $13.85 Unrealized —

— VICAL INC 0.7%

Value $1.238M Shares 676,232 Est. Cost $1.83 Unrealized —

— VERASTEM INC 0.4%

Value $691K Shares 225,000 Est. Cost $3.07 Unrealized —

— AQUINOX PHARMACEUTICALS INC 0.3%

Value $476K Shares 40,500 Est. Cost $11.75 Unrealized —

ADMA ADMA BIOLOGICS INC 0.1%

Value $217K Shares 67,647 Est. Cost $2.80 Unrealized 0.0%

— AMARIN CORP PLC -ADR 0.0%

Value $70,000 Shares 17,533 Est. Cost $3.99 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	VIVEVE MEDICAL INC	3,849,711	$19.13M	11.5%	$6.92	—	COM NEW	92852W204
—	BIOSPECIFICS TECHNOLOGIES	385,954	$16.72M	10.0%	$45.54	—	COM	090931106
—	APOLLO ENDOSURGERY INC	2,560,314	$14.34M	8.6%	$4.75	—	COM	03767D108
VNDA	VANDA PHARMACEUTICALS INC	885,000	$13.45M	8.1%	$14.69	+1.0%	COM	921659108
ENTA	ENANTA PHARMACEUTICALS INC	218,434	$12.82M	7.7%	$30.74	+62.9%	COM	29251M106
—	BIODELIVERY SCIENCES INTL	3,645,491	$10.75M	6.4%	$2.05	—	COM	09060J106
—	RECRO PHARMA INC	1,050,115	$9.714M	5.8%	$8.20	—	COM	75629F109
CPIX	CUMBERLAND PHARMACEUTICALS	1,306,911	$9.619M	5.8%	$5.81	+26.6%	COM	230770109
VCYT	VERACYTE INC	1,235,147	$8.066M	4.8%	$7.51	-1.0%	COM	92337F107
—	OPHTHOTECH CORP	2,350,000	$7.332M	4.4%	$4.39	—	COM	683745103
CDNA	CAREDX INC	920,000	$6.753M	4.0%	$6.23	0.0%	COM	14167L103
—	NOVELION THERAPEUTICS INC	1,694,717	$5.288M	3.2%	$8.59	—	COM NEW	67001K202
—	CARDIOME PHARMA CORP	3,195,692	$4.953M	3.0%	$2.50	—	COM NO PAR	14159U301
—	CTI BIOPHARMA CORP	1,834,838	$4.917M	2.9%	$3.02	—	COM NEW	12648L601
—	ALIMERA SCIENCES INC	3,559,899	$4.735M	2.8%	$1.33	—	COM	016259103
—	CANCER GENETICS INC	1,786,063	$3.304M	2.0%	$1.85	—	COM	13739U104
—	MEDICREA INTERNATIONAL	713,693	$2.568M	1.5%	$3.60	—	COM	F6112U109
—	STRONGBRIDGE BIOPHARMA PLC	344,282	$2.496M	1.5%	$7.25	—	SHS USD	G85347105
—	STEADYMED LTD	617,725	$2.286M	1.4%	$3.70	—	SHS	M84920103
—	EIGER BIOPHARMACEUTICALS INC	150,000	$2.093M	1.3%	$13.95	—	COM	28249U105
—	NEOS THERAPEUTICS INC	140,000	$1.428M	0.9%	$10.20	—	COM	64052L106
—	ACER THERAPEUTICS INC	100,000	$1.385M	0.8%	$13.85	—	COM	00444P108
—	VICAL INC	676,232	$1.238M	0.7%	$1.83	—	COM NEW	925602203
—	VERASTEM INC	225,000	$691K	0.4%	$3.07	—	COM	92337C104
—	AQUINOX PHARMACEUTICALS INC	40,500	$476K	0.3%	$11.75	—	COM	03842B101
ADMA	ADMA BIOLOGICS INC	67,647	$217K	0.1%	$2.80	0.0%	COM	000899104
—	AMARIN CORP PLC -ADR	17,533	$70,000	0.0%	$3.99	—	SPONS ADR NEW	023111206