TANG CAPITAL MANAGEMENT LLC Diversified Active

CIK: 0001232621 · Show all filings

Period: Q2 2014 (← Previous) (Next →)

Filing Date: Aug 14, 2014

Total Value ($000): $215,933 (65.7% shares, 34.3% debt)

Holdings (12)

HRTX HERON THERAPEUTICS INC 28.1%

Value ($000) $60,610 Shares 4,919,625 Est. Cost $12.54 Unrealized -4.7%

— PDL BIOPHARMA INC 22.2%

Value ($000) $47,866 Shares 25,974,000 Est. Cost $1.41 Unrealized —

— SALIX PHARMACEUTICALS INC 17.1%

Value ($000) $37,005 Shares 300,000 Est. Cost $66.15 Unrealized —

— OPKO HEALTH INC 8.7%

Value ($000) $18,739 Shares 14,000,000 Est. Cost $1.04 Unrealized —

— HORIZON PHARMA INC 7.3%

Value ($000) $15,820 Shares 1,000,000 Est. Cost $15.12 Unrealized —

BMRN BIOMARIN PHARMACEUTICAL INC 5.3%

Value ($000) $11,341 Shares 182,300 Est. Cost $62.32 Unrealized -3.1%

— LA JOLLA PHARMACEUTICAL CO 3.7%

Value ($000) $8,096 Shares 881,907 Est. Cost $9.20 Unrealized —

— MERRIMACK PHARMACEUTICALS INC 3.5%

Value ($000) $7,490 Shares 5,500,000 Est. Cost $1.36 Unrealized —

— MIRATI THERAPEUTICS INC 2.7%

Value ($000) $5,769 Shares 288,432 Est. Cost $15.15 Unrealized —

— ENDOCYTE INC 1.4%

Value ($000) $3,069 Shares 465,763 Est. Cost $13.13 Unrealized —

— DENDREON CORP 0.1%

Value ($000) $128 Shares 55,548 Est. Cost $4.12 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	4,919,625	$60,610	28.1%	$12.54	-4.7%	COM	427746102
—	PDL BIOPHARMA INC	25,974,000	$47,866	22.2%	$1.41	—	NOTE 2.875% 2/15/15	69329YAE4
—	SALIX PHARMACEUTICALS INC	300,000	$37,005	17.1%	$66.15	—	COM	795435106
—	OPKO HEALTH INC	14,000,000	$18,739	8.7%	$1.04	—	NOTE 3.0% 2/1/33	68375NAA1
—	HORIZON PHARMA INC	1,000,000	$15,820	7.3%	$15.12	—	COM	44047T109
BMRN	BIOMARIN PHARMACEUTICAL INC	182,300	$11,341	5.3%	$62.32	-3.1%	COM	09061G101
—	LA JOLLA PHARMACEUTICAL CO	881,907	$8,096	3.7%	$9.20	—	COM	503459604
—	MERRIMACK PHARMACEUTICALS INC	5,500,000	$7,490	3.5%	$1.36	—	NOTE 4.5% 7/15/20	590328AA8
—	MIRATI THERAPEUTICS INC	288,432	$5,769	2.7%	$15.15	—	COM	60468T105
—	ENDOCYTE INC	465,763	$3,069	1.4%	$13.13	—	COM	29269A102
—	DENDREON CORP	55,548	$128	0.1%	$4.12	—	COM	24823Q107
—	AMBIT BIOSCIENCES CORP	46	$0	0.0%	—	—	COM	02318X100