Biotech Values

[drbio45]

Excellent buy and hold funds invested in the Medicure financing

These are not your typical funds that invest in pipes of one dollar stocks. This is long term money. The deal was priced at 1.30 which is where the stock had been trading for about a month so there was no discount. the warrant coverage was only 20%

Optimum Small Cap Growth 444,084 444,084 0.37%
Wanger US Smaller Companies 1,776,120 1,776,120 1.48%
Wanger US Small Cap 4,428,360 4,428,360 3.69%
Columbia Acorn USA 4,428,360 4,428,360 3.69%
Federated Kaufmann Small Cap Fund, a Portfolio of Equity Funds 1,206,332 1,206,332 1.00%
American Skandia Trust Federated Aggressive Growth Portfolio 639,822 639,822 0.53%
Nite Capital LP 461,538 846,154 0.38%
ProMed Partners, L.P. 304,632 304,632 0.25%
ProMed Partners II, L.P. 14,442 14,442 0.01%
ProMed Offshore Fund, Ltd. 50,166 50,166 0.04%
ProMed Offshore Fund II, Ltd. 1,015,380 1,015,380 0.85%
Rockmore Investment Master Fund Limited 461,538 461,538 0.38%
Sigma Capital Associates, LLC(3) 1,200,000 1,400,000 1.17%
WHI Growth Fund Q.P., L.P. 1,846,152 1846,152 1.54%
Panacea Fund, LLC 461,544 561,544 0.47%
Monsun AS 600,000 0 0%
Lars H. Hoie 4,569,182 4,769,182 3.97%