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) 375

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 41.33%
Services 1.15%
Technology
Transportation
Utilities

2 Sold Out Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ALEXZA PHARMACEUTICALS INC COM NEW -150 Sold Out 0
NEUROCRINE BIOSCIENCES INC COM -11,852 Sold Out 0