TANG CAPITAL MANAGEMENT LLC Diversified Active

Location: San Diego, CA

CIK: 0001232621 · Show all filings

Period: Q4 2013 (← Previous) (Next →)

Filing Date: Feb 14, 2014

Total Value: $143M (53.7% shares, 46.3% debt)

Holdings (13)

— PDL BIOPHARMA INC 27.0%

Value $38.62M Shares 25,974,000 Share Price $1.49 Est. Cost/Share $1.41 Unrealized @ Report Date —

— SALIX PHARMACEUTICALS INC 18.9%

Value $26.98M Shares 300,000 Share Price $89.94 Est. Cost/Share $66.15 Unrealized @ Report Date —

— OPKO HEALTH INC 11.9%

Value $17.05M Shares 14,000,000 Share Price $1.22 Est. Cost/Share $1.04 Unrealized @ Report Date —

— MIRATI THERAPEUTICS INC 10.9%

Value $15.61M Shares 938,543 Share Price $16.63 Est. Cost/Share $15.15 Unrealized @ Report Date —

BMRN BIOMARIN PHARMACEUTICAL INC 9.0%

Value $12.82M Shares 182,300 Share Price $70.35 * Est. Cost/Share $62.32 Unrealized @ Report Date +9.0%

— INTERMUNE INC 7.4%

Value $10.57M Shares 12,000,000 Share Price $0.88 Est. Cost/Share $0.83 Unrealized @ Report Date —

— ONCOGENEX PHARMACEUTICALS INC 6.0%

Value $8.616M Shares 1,033,100 Share Price $8.34 Est. Cost/Share $9.66 Unrealized @ Report Date —

— MANNKIND CORP 3.9%

Value $5.566M Shares 1,070,419 Share Price $5.20 Est. Cost/Share $5.20 Unrealized @ Report Date —

— ENDOCYTE INC 3.5%

Value $4.974M Shares 465,763 Share Price $10.68 Est. Cost/Share $13.13 Unrealized @ Report Date —

— SOPHIRIS BIO INC 1.3%

Value $1.85M Shares 500,000 Share Price $3.70 Est. Cost/Share $4.68 Unrealized @ Report Date —

— DENDREON CORP 0.2%

Value $238K Shares 79,600 Share Price $2.99 Est. Cost/Share $4.12 Unrealized @ Report Date —

OPK OPKO HEALTH INC 0.1%

Value $94,000 Shares 11,195 Share Price $8.40 * Est. Cost/Share $10.11 Unrealized @ Report Date 0.0%

— 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	$38.62M	27.0%	$1.49	$1.41	—	NOTE 2.875% 2/15/15	69329YAE4
—	SALIX PHARMACEUTICALS INC	300,000	$26.98M	18.9%	$89.94	$66.15	—	COM	795435106
—	OPKO HEALTH INC	14,000,000	$17.05M	11.9%	$1.22	$1.04	—	NOTE 3.0% 2/1/33	68375NAA1
—	MIRATI THERAPEUTICS INC	938,543	$15.61M	10.9%	$16.63	$15.15	—	COM	60468T105
BMRN	BIOMARIN PHARMACEUTICAL INC	182,300	$12.82M	9.0%	$70.35 *	$62.32	+9.0%	COM	09061G101
—	INTERMUNE INC	12,000,000	$10.57M	7.4%	$0.88	$0.83	—	NOTE 2.50% 9/15/18	45884XAE3
—	ONCOGENEX PHARMACEUTICALS INC	1,033,100	$8.616M	6.0%	$8.34	$9.66	—	COM	68230A106
—	MANNKIND CORP	1,070,419	$5.566M	3.9%	$5.20	$5.20	—	COM	56400P201
—	ENDOCYTE INC	465,763	$4.974M	3.5%	$10.68	$13.13	—	COM	29269A102
—	SOPHIRIS BIO INC	500,000	$1.85M	1.3%	$3.70	$4.68	—	COM	83578Q209
—	DENDREON CORP	79,600	$238K	0.2%	$2.99	$4.12	—	COM	24823Q107
OPK	OPKO HEALTH INC	11,195	$94,000	0.1%	$8.40 *	$10.11	0.0%	COM	68375N103
—	AMBIT BIOSCIENCES CORP	46	$0	0.0%	$0.00	—	—	COM	02318X100