VHCP MANAGEMENT, LLC Information

3340 HILLVIEW AVENUE, PALO ALTO, California, 94304, (650) 475-3734

Report Date: 12/31/2014

Position Statistics

Total Positions 22
New Positions 4
Increased Positions 6
Decreased Positions 4
Positions with Activity 10
Sold Out Positions 2
Total Mkt Value (in $ millions) 449

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial
Healthcare 44.22%
Services 1.37%
Technology
Transportation
Utilities

10 Activity Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
JUNO THERAPEUTICS INC COM 101,010 101,010 New 1,749,999
DBV TECHNOLOGIES BOULOGNE BILL SHS NOM 36,633 6,801 22.80 693,810
DYAX CORP COM 28,309 -28,296 (49.99) 1,000,659
COHERUS BIOSCIENCES INC COM 21,235 21,235 New 870,269
STEMLINE THERAPEUTICS INC COM 6,059 4,852 401.97 356,400
CYNAPSUS THERAPEUTICS INC COM NEW 1,537 1,537 New 1,536,750
SUNESIS PHARMACEUTICALS INC COM NEW 1,421 1,421 New 536,189
ALEXZA PHARMACEUTICALS INC COM NEW -142 Sold Out 0
NEUROCRINE BIOSCIENCES INC COM -13,257 Sold Out 0
RADIUS HEALTH INC COM (55.56) 233,294