VHCP MANAGEMENT, LLC Information

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

Report Date: 03/31/2013

Position Statistics:

Total Positions 16
New Positions 2
Increased Positions 3
Decreased Positions 5
Positions with Activity 8
Sold Out Positions 1
Total Mkt Value
(in $ millions)
133

Sector Weighting

Basic Materials
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial
Healthcare 100%
Services
Technology
Transportation
Utilities

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

16 Positions as of 03/31/2013

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
AMICUS THERAPEUTICS INC COM 559 559 New 164,000
ANACOR PHARMACEUTICALS INC COM 9,117 New 1,610,856
ANTHERA PHARMACEUTICALS INC COM 834 New 1,437,623
BIOCRYST PHARMACEUTICALS COM 672 New 392,990
CHELSEA THERAPEUTICS INTL LTD COM 4,631 New 2,516,870
DYAX CORP COM 3,366 3,366 New 1,335,714
GTX INC DEL COM 9,930 -1,980 (16.63) 1,773,242
HYPERION THERAPEUTICS INC COM 5,518 108 2 255,000
KERYX BIOPHARMACEUTICALS INC COM 16,267 -4,602 (22.05) 2,048,773
NEUROCRINE BIOSCIENCES INC COM 23,596 -3,090 (11.58) 1,964,673
TESARO INC COM 23,317 New 656,813
IRONWOOD PHARMACEUTICALS INC COM CL A 24,894 -8,298 (25) 1,800,000
ALEXZA PHARMACEUTICALS INC COM NEW 2,225 New 499,999
BIODEL INC COM NEW 4,179 New 1,274,000
REPROS THERAPEUTICS INC COM NEW -5,723 Sold Out 0
THRESHOLD PHARMACEUTICAL INC COM NEW 3,748 New 684,000