TANG CAPITAL MANAGEMENT LLC Diversified Active

CIK: 0001232621 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 15, 2014

Total Value ($000): $206,207 (71.3% shares, 28.7% debt)

Holdings (13)

HRTX HERON THERAPEUTICS INC 29.7%

Value ($000) $61,329 Shares 4,408,987 Est. Cost $12.60 Unrealized 0.0%

— PDL BIOPHARMA INC 19.5%

Value ($000) $40,197 Shares 25,974,000 Est. Cost $1.41 Unrealized —

— SALIX PHARMACEUTICALS INC 15.1%

Value ($000) $31,083 Shares 300,000 Est. Cost $66.15 Unrealized —

— OPKO HEALTH INC 9.2%

Value ($000) $19,040 Shares 14,000,000 Est. Cost $1.04 Unrealized —

— HORIZON PHARMA INC 7.3%

Value ($000) $15,120 Shares 1,000,000 Est. Cost $15.12 Unrealized —

BMRN BIOMARIN PHARMACEUTICAL INC 6.0%

Value ($000) $12,435 Shares 182,300 Est. Cost $62.32 Unrealized +18.3%

— ENDOCYTE INC 5.4%

Value ($000) $11,090 Shares 465,763 Est. Cost $13.13 Unrealized —

— MIRATI THERAPEUTICS INC 4.0%

Value ($000) $8,312 Shares 435,843 Est. Cost $15.15 Unrealized —

— MANNKIND CORP 3.5%

Value ($000) $7,236 Shares 1,800,000 Est. Cost $4.72 Unrealized —

— DENDREON CORP 0.1%

Value ($000) $166 Shares 55,548 Est. Cost $4.12 Unrealized —

— LA JOLLA PHARMACEUTICAL CO 0.1%

Value ($000) $121 Shares 11,219 Est. Cost $10.79 Unrealized —

— RXI PHARMACEUTICALS CORP 0.0%

Value ($000) $78 Shares 18,245 Est. Cost $4.28 Unrealized —

— AMBIT BIOSCIENCES CORP 0.0%

Value ($000) $0 Shares 46 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HRTX	HERON THERAPEUTICS INC	4,408,987	$61,329	29.7%	$12.60	0.0%	COM	427746102
—	PDL BIOPHARMA INC	25,974,000	$40,197	19.5%	$1.41	—	NOTE 2.875% 2/15/15	69329YAE4
—	SALIX PHARMACEUTICALS INC	300,000	$31,083	15.1%	$66.15	—	COM	795435106
—	OPKO HEALTH INC	14,000,000	$19,040	9.2%	$1.04	—	NOTE 3.0% 2/1/33	68375NAA1
—	HORIZON PHARMA INC	1,000,000	$15,120	7.3%	$15.12	—	COM	44047T109
BMRN	BIOMARIN PHARMACEUTICAL INC	182,300	$12,435	6.0%	$62.32	+18.3%	COM	09061G101
—	ENDOCYTE INC	465,763	$11,090	5.4%	$13.13	—	COM	29269A102
—	MIRATI THERAPEUTICS INC	435,843	$8,312	4.0%	$15.15	—	COM	60468T105
—	MANNKIND CORP	1,800,000	$7,236	3.5%	$4.72	—	COM	56400P201
—	DENDREON CORP	55,548	$166	0.1%	$4.12	—	COM	24823Q107
—	LA JOLLA PHARMACEUTICAL CO	11,219	$121	0.1%	$10.79	—	COM	503459604
—	RXI PHARMACEUTICALS CORP	18,245	$78	0.0%	$4.28	—	COM	74979C303
—	AMBIT BIOSCIENCES CORP	46	$0	0.0%	—	—	COM	02318X100