VHCP Management

VHCP Management as of Dec. 31, 2010

Portfolio Holdings for VHCP Management

VHCP Management holds 12 positions in its portfolio as reported in the December 2010 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Neurocrine Biosciences (NBIX) 22.4 $37M 4.8M 7.64
Chelsea Therapeutics International 16.4 $27M 3.6M 7.50
DURECT Corporation 9.4 $15M 4.4M 3.45
Ardea Biosciences 8.1 $13M 509k 26.00
NPS Pharmaceuticals 8.0 $13M 1.6M 7.90
Amarin Corporation (AMRN) 7.0 $11M 1.4M 8.20
Novavax 6.8 $11M 4.6M 2.43
Inspire Pharmaceuticals 6.7 $11M 1.3M 8.40
Anacor Pharmaceuticals In 6.6 $11M 2.0M 5.37
DepoMed 4.3 $7.0M 1.1M 6.36
Cadence Pharmaceuticals 3.7 $6.0M 798k 7.55
Auxilium Pharmaceuticals 0.7 $1.1M 50k 21.10