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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | HARROW INC | $99.9M | 2832230 | 13.15% |
| 2 | LIQUIDIA CORPORATION | $88.8M | 2545000 | 11.70% |
| 3 | ETON PHARMACEUTICALS INC | $70.6M | 2860000 | 9.30% |
| 4 | SOL-GEL TECHNOLOGIES LTD | $39.6M | 500000 | 5.22% |
| 5 | RHYTHM PHARMACEUTICALS INC | $35.3M | 123000 | 4.65% |
| 6 | APOGEE THERAPEUTICS INC | $32.8M | 390000 | 4.32% |
| 7 | DISC MEDICINE INC | $26.9M | 421000 | 3.55% |
| 8 | UROGEN PHARMA LTD | $25.7M | 1430000 | 3.39% |
| 9 | CRESCENT BIOPHARMA INC. | $24.1M | 1312615 | 3.18% |
| 10 | STOKE THERAPEUTICS INC | $22.8M | 700000 | 3.00% |
| 11 | PERSPECTIVE THERAPEUTICS INC | $19.5M | 4675000 | 2.57% |
| 12 | REZOLUTE INC | $19.2M | 6300000 | 2.53% |
| 13 | MEIRAGTX HLDGS PLC | $18.4M | 2123259 | 2.42% |
| 14 | TG THERAPEUTICS INC | $17.8M | 535000 | 2.34% |
| 15 | SANUWAVE HEALTH INC | $17.0M | 981267 | 2.23% |
| 16 | EDGEWISE THERAPEUTICS INC | $15.8M | 500000 | 2.07% |
| 17 | ALPHA COGNITION INC | $14.1M | 2561950 | 1.85% |
| 18 | ANNEXON INC | $12.9M | 2331761 | 1.70% |
| 19 | ALUMIS INC | $12.1M | 550000 | 1.60% |
| 20 | CODEXIS INC | $11.1M | 6785000 | 1.46% |
| 21 | PROTAGONIST THERAPEUTICS INC | $10.5M | 100000 | 1.39% |
| 22 | REVOLUTION MEDICINES INC | $9.7M | 100000 | 1.28% |
| 23 | XOMA ROYALTY CORPORATION | $9.4M | 300000 | 1.24% |
| 24 | Q32 BIO INC | $8.1M | 1256228 | 1.06% |
| 25 | MBX BIOSCIENCES INC | $7.8M | 260000 | 1.02% |
| 26 | RELMADA THERAPEUTICS INC | $6.5M | 935000 | 0.86% |
| 27 | CG ONCOLOGY INC | $6.4M | 94800 | 0.85% |
| 28 | JADE BIOSCIENCES INC | $6.0M | 427608 | 0.79% |
| 29 | OCULAR THERAPEUTIX INC | $5.1M | 600000 | 0.67% |
| 30 | ASSERTIO HOLDINGS INC | $5.1M | 265707 | 0.67% |
| 31 | EDITAS MEDICINE INC | $4.8M | 1926997 | 0.63% |
| 32 | SUTRO BIOPHARMA INC | $4.8M | 190671 | 0.63% |
| 33 | JOURNEY MED CORP | $4.5M | 960000 | 0.59% |
| 34 | VOYAGER THERAPEUTICS INC | $4.4M | 1150000 | 0.58% |
| 35 | TREVI THERAPEUTICS INC | $4.1M | 345100 | 0.54% |
| 36 | TECTONIC THERAPEUTIC INC | $3.8M | 123000 | 0.50% |
| 37 | CABALETTA BIO INC | $3.7M | 1380000 | 0.49% |
| 38 | BIODESIX INC | $3.5M | 238047 | 0.45% |
| 39 | ROCKET PHARMACEUTICALS INC | $3.4M | 955000 | 0.45% |
| 40 | ZENTALIS PHARMACEUTICALS INC | $3.3M | 1412656 | 0.44% |
| 41 | INTELLIA THERAPEUTICS INC | $3.1M | 245000 | 0.41% |
| 42 | FORTRESS BIOTECH INC | $2.9M | 1042000 | 0.38% |
| 43 | OPUS GENETICS INC | $2.3M | 1120000 | 0.30% |
| 44 | RIGEL PHARMACEUTICALS INC | $1.9M | 70000 | 0.25% |
| 45 | ATEA PHARMACEUTICALS INC | $1.7M | 322600 | 0.23% |
| 46 | LYELL IMMUNOPHARMA INC | $1.6M | 79097 | 0.21% |
| 47 | ENANTA PHARMACEUTICALS INC | $1.6M | 125000 | 0.21% |
| 48 | NEXTCURE INC | $1.5M | 141181 | 0.20% |
| 49 | 4D MOLECULAR THERAPEUTICS IN | $1.0M | 112291 | 0.14% |
| 50 | PERSPECTIVE THERAPEUTICS INC | $834K | 200000 | 0.11% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.