TANG CAPITAL MANAGEMENT LLC Diversified Active

Location: San Diego, CA

CIK: 0001232621 · Show all filings

Period: Q3 2013 (← Previous) (Next →)

Filing Date: Nov 14, 2013

Total Value: $202M (37.0% shares, 63.0% debt)

Holdings (16)

— PDL BIOPHARMA INC 18.6%

Value $37.56M Shares 25,974,000 Share Price $1.45 Est. Cost/Share $1.41 Unrealized @ Report Date —

— OPKO HEALTH INC 15.3%

Value $30.94M Shares 25,000,000 Share Price $1.24 Est. Cost/Share $1.04 Unrealized @ Report Date —

— SALIX PHARMACEUTICALS INC 9.9%

Value $20.06M Shares 300,000 Share Price $66.88 Est. Cost/Share $66.15 Unrealized @ Report Date —

— MIRATI THERAPEUTICS INC 8.9%

Value $17.9M Shares 1,181,400 Share Price $15.15 Est. Cost/Share $15.15 Unrealized @ Report Date —

— MANNKIND CORP 8.5%

Value $17.11M Shares 17,144,000 Share Price $1.00 Est. Cost/Share $0.99 Unrealized @ Report Date —

— DENDREON CORP 8.0%

Value $16.19M Shares 26,515,000 Share Price $0.61 Est. Cost/Share $0.72 Unrealized @ Report Date —

— INTERMUNE INC 7.6%

Value $15.26M Shares 17,000,000 Share Price $0.90 Est. Cost/Share $0.83 Unrealized @ Report Date —

BMRN BIOMARIN PHARMACEUTICAL INC 6.5%

Value $13.16M Shares 182,300 Share Price $72.17 * Est. Cost/Share $62.32 Unrealized @ Report Date +6.6%

— ONCOGENEX PHARMACEUTICALS INC 4.3%

Value $8.65M Shares 933,100 Share Price $9.27 Est. Cost/Share $9.80 Unrealized @ Report Date —

— SAVIENT PHARMACEUTICALS INC 3.6%

Value $7.314M Shares 30,476,000 Share Price $0.24 Est. Cost/Share $0.15 Unrealized @ Report Date —

— DEPOMED INC 3.1%

Value $6.244M Shares 835,931 Share Price $7.47 Est. Cost/Share $5.62 Unrealized @ Report Date —

— ENDOCYTE INC 3.1%

Value $6.209M Shares 465,763 Share Price $13.33 Est. Cost/Share $13.13 Unrealized @ Report Date —

— CORSICANTO LTD 1.4%

Value $2.762M Shares 2,500,000 Share Price $1.10 Est. Cost/Share $1.09 Unrealized @ Report Date —

— SOPHIRIS BIO INC 1.2%

Value $2.34M Shares 500,000 Share Price $4.68 Est. Cost/Share $4.68 Unrealized @ Report Date —

— DENDREON CORP 0.1%

Value $233K Shares 79,600 Share Price $2.93 Est. Cost/Share $4.12 Unrealized @ Report Date —

— AMBIT BIOSCIENCES CORP 0.0%

Value $0 Shares 46 Share Price $0.00 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	PDL BIOPHARMA INC	25,974,000	$37.56M	18.6%	$1.45	$1.41	—	NOTE 2.875% 2/15/15	69329YAE4
—	OPKO HEALTH INC	25,000,000	$30.94M	15.3%	$1.24	$1.04	—	NOTE 3.0% 2/1/33	68375NAA1
—	SALIX PHARMACEUTICALS INC	300,000	$20.06M	9.9%	$66.88	$66.15	—	COM	795435106
—	MIRATI THERAPEUTICS INC	1,181,400	$17.9M	8.9%	$15.15	$15.15	—	COM	60468T105
—	MANNKIND CORP	17,144,000	$17.11M	8.5%	$1.00	$0.99	—	NOTE 3.750% 12/15/13	56400PAA0
—	DENDREON CORP	26,515,000	$16.19M	8.0%	$0.61	$0.72	—	NOTE 2.875% 1/15/16	24823QAC1
—	INTERMUNE INC	17,000,000	$15.26M	7.6%	$0.90	$0.83	—	NOTE 2.50% 9/15/18	45884XAE3
BMRN	BIOMARIN PHARMACEUTICAL INC	182,300	$13.16M	6.5%	$72.17 *	$62.32	+6.6%	COM	09061G101
—	ONCOGENEX PHARMACEUTICALS INC	933,100	$8.65M	4.3%	$9.27	$9.80	—	COM	68230A106
—	SAVIENT PHARMACEUTICALS INC	30,476,000	$7.314M	3.6%	$0.24	$0.15	—	NOTE 4.750% 2/1/18	80517QAA8
—	DEPOMED INC	835,931	$6.244M	3.1%	$7.47	$5.62	—	COM	249908104
—	ENDOCYTE INC	465,763	$6.209M	3.1%	$13.33	$13.13	—	COM	29269A102
—	CORSICANTO LTD	2,500,000	$2.762M	1.4%	$1.10	$1.09	—	NOTE 3.50% 1/15/32	220480AC1
—	SOPHIRIS BIO INC	500,000	$2.34M	1.2%	$4.68	$4.68	—	COM	83578Q209
—	DENDREON CORP	79,600	$233K	0.1%	$2.93	$4.12	—	COM	24823Q107
—	AMBIT BIOSCIENCES CORP	46	$0	0.0%	$0.00	—	—	COM	02318X100