NPORT-P false 0000884121 XXXXXXXX abrdn Life Sciences Investors 811-06565 0000884121 5493007BYZPSOVVS0M04 1900 Market Street Suite 200 PHILADELPHIA 19103 215-405-5700 abrdn Life Sciences Investors 5493007BYZPSOVVS0M04 2026-09-30 2026-06-30 N 690887803.96 1639001.09 689248802.87 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.72000000 N Abivax SA 969500D8TMNB184OJU95 00370M103 98044.00000000 NS USD 13065343.44000000 1.895591749393 Long EC CORP FR N 1 N N N Adaptive Biotechnologies Corp 549300ZTF7OT1FW66Q96 00650F109 344653.00000000 NS USD 7392806.85000000 1.072589001129 Long EC CORP US N 1 N N N Jade Biosciences Inc N/A 008064206 225693.00000000 NS USD 5014898.46000000 0.727588998213 Long EC CORP US N 1 N N N AgomAb Therapeutics NV 894500APP6UE5N4PKJ68 00860C102 170464.00000000 NS USD 2212622.72000000 0.321019450565 Long EC CORP BE N 1 N N N Allogene Therapeutics Inc N/A 019770106 2731752.00000000 NS USD 5682044.16000000 0.824382158712 Long EC CORP US N 1 N N N Alnylam Pharmaceuticals Inc 529900S3ZI14OWRJII50 02043Q107 16515.00000000 NS USD 4971510.45000000 0.721294027541 Long EC CORP US N 1 N N N Amgen Inc 62QBXGPJ34PQ72Z12S66 031162100 15306.00000000 NS USD 5542608.72000000 0.804152099636 Long EC CORP US N 1 N N N Amylyx Pharmaceuticals Inc N/A 03237H101 285776.00000000 NS USD 5132536.96000000 0.744656637578 Long EC CORP US N 1 N N N Arcus Biosciences Inc N/A 03969F109 155060.00000000 NS USD 4780499.80000000 0.693581153872 Long EC CORP US N 1 N N N Arcutis Biotherapeutics Inc N/A 03969K108 172867.00000000 NS USD 4532572.74000000 0.657610534994 Long EC CORP US N 1 N N N Argenx SE 7245009C5FZE6G9ODQ71 04016X101 19643.00000000 NS USD 18224186.11000000 2.644064963785 Long EC CORP NL N 1 N N N Arrowhead Pharmaceuticals Inc 549300O3CSB8T7OZ3D66 04280A100 104478.00000000 NS USD 8516001.78000000 1.235548287431 Long EC CORP US N 1 N N N Assembly Biosciences Inc 5299007Y1X8RBDFT8C40 045396207 77339.00000000 NS USD 2125275.72000000 0.308346668307 Long EC CORP US N 1 N N N Avalo Therapeutics Inc 549300GPK6FPJ3X8SZ39 05338F306 129858.00000000 NS USD 2399775.84000000 0.348172652604 Long EC CORP US N 1 N N N Avalyn Pharma Inc N/A 05348Y105 11568.00000000 NS USD 380818.56000000 0.055251247214 Long EC CORP US N 1 N N N Axsome Therapeutics Inc 549300EXGR0XLRJEIB95 05464T104 43454.00000000 NS USD 10636235.58000000 1.543163446307 Long EC CORP US N 1 N N N BioCryst Pharmaceuticals Inc 549300Z0INP1Z5NP6J59 09058V103 898336.00000000 NS USD 8983360.00000000 1.303355183584 Long EC CORP US N 1 N N N CONTRA CHINOOK THERAPE 549300X0O3003W5QYQ48 169CVR016 59063.00000000 NS USD 18900.16000000 0.002742138966 N/A DE US Y 1 N/A N/A Chinook Therapeutics, Inc. Chinook Therapeutics, Inc. 2099-12-31 XXXX 18900.16000000 N N N Codexis Inc N/A 192005106 2336234.00000000 NS USD 5279888.84000000 0.766035257227 Long EC CORP US N 1 N N N Cogent Biosciences Inc N/A 19240Q201 125297.00000000 NS USD 4848993.90000000 0.703518653903 Long EC CORP US N 1 N N N Corbus Pharmaceuticals Holdings Inc 529900MX6XCNZC7MM155 21833P301 543719.00000000 NS USD 5100084.22000000 0.739948215907 Long EC CORP US N 1 N N N Crinetics Pharmaceuticals Inc 549300Q1CNFXK5P31D28 22663K107 312153.00000000 NS USD 11680765.26000000 1.694709546300 Long EC CORP US N 1 N N N Cytokinetics Inc 549300BE5DY1HW7IHA64 23282W605 57613.00000000 NS USD 4908051.47000000 0.712087050360 Long EC CORP US N 1 N N N Definium Therapeutics Inc 549300QY8KN1O6RPFJ13 24477V105 79545.00000000 NS USD 3741796.80000000 0.542880420599 Long EC CORP CA N 1 N N N Denali Therapeutics Inc 549300ZTQ2HO18L3Q830 24823R105 658067.00000000 NS USD 16925483.24000000 2.455642022085 Long EC CORP US N 1 N N N Disc Medicine Inc N/A 254604101 121484.00000000 NS USD 8885339.76000000 1.289133869076 Long EC CORP US N 1 N N N Dyne Therapeutics Inc N/A 26818M108 799847.00000000 NS USD 17764601.87000000 2.577385959326 Long EC CORP US N 1 N N N Edgewise Therapeutics Inc N/A 28036F105 264002.00000000 NS USD 10726401.26000000 1.556245178132 Long EC CORP US N 1 N N N Eloxx Pharmaceuticals Inc 549300UB28QGWJMFFA11 29014R301 130900.00000000 NS USD 1816892.00000000 0.263604665315 Long EC CORP US N 1 N N N Equillium Inc 549300OC7SSPSNNGHE64 29446K106 3631659.00000000 NS USD 11621308.80000000 1.686083276693 Long EC CORP US N 1 N N N EyePoint Inc 549300QE1RU34T50MR69 30233G209 710173.00000000 NS USD 10155473.90000000 1.473411902597 Long EC CORP US N 1 N N N CONTRA FUSION PHARMACE N/A 361CVR012 3256.00000000 NS USD 4493.28000000 0.000651909728 N/A DE CA Y 3 N/A N/A Fusion Pharmaceuticals, Inc. Fusion Pharmaceuticals, Inc. 2099-12-31 XXXX 2702.48000000 N N N GRAIL Inc 2549009XSNESW3VE8024 384747101 77618.00000000 NS USD 5298980.86000000 0.768805232295 Long EC CORP US N 1 N N N Hemab Therapeutics Holdings Inc N/A 423494103 8997.00000000 NS USD 330459.81000000 0.047944923317 Long EC CORP US N 1 N N N Ideaya Biosciences Inc 549300ULW08F62IJML11 45166A102 222056.00000000 NS USD 8276027.12000000 1.200731446400 Long EC CORP US N 1 N N N Immunovant Inc N/A 45258J102 337211.00000000 NS USD 12992739.83000000 1.885058019092 Long EC CORP US N 1 N N N Immunic Inc 549300R5T12FW5MEQB20 4525EP200 302891.00000000 NS USD 4655434.67000000 0.675436018258 Long EC CORP US N 1 N N N Insmed Inc 529900Q55QAG41CCAC11 457669307 208079.00000000 NS USD 22185382.98000000 3.218777150953 Long EC CORP US N 1 N N N Inventiva SACA 969500I9Y690B3FZW590 46124U107 1093492.00000000 NS USD 4133399.76000000 0.599696327768 Long EC CORP FR N 1 N N N Ionis Pharmaceuticals Inc 549300SI4ZGLG0BLUZ92 462222100 106455.00000000 NS USD 8440816.95000000 1.224640059562 Long EC CORP US N 1 N N N Kailera Therapeutics Inc N/A 482931102 24309.00000000 NS USD 535527.27000000 0.077697236146 Long EC CORP US N 1 N N N Krystal Biotech Inc 549300YONUY68210OE41 501147102 10037.00000000 NS USD 3730451.79000000 0.541234424269 Long EC CORP US N 1 N N N LENZ Therapeutics Inc N/A 52635N103 500700.00000000 NS USD 2843976.00000000 0.412619650285 Long EC CORP US N 1 N N N Lexeo Therapeutics Inc N/A 52886X107 675092.00000000 NS USD 3142553.26000000 0.455938878227 Long EC CORP US N 1 N N N Willow Laboratories Inc. N/A 000000000 130000.00000000 NS USD 13.00000000 0.000001886111 Long EC CORP US Y 3 N N N Maze Therapeutics Inc N/A 578784100 137367.00000000 NS USD 4099031.28000000 0.594709960021 Long EC CORP US N 1 N N N Mineralys Therapeutics Inc N/A 603170101 153602.00000000 NS USD 4144181.96000000 0.601260668534 Long EC CORP US N 1 N N N Neurocrine Biosciences Inc 549300FECER0XBN49756 64125C109 16247.00000000 NS USD 2738188.15000000 0.397271368277 Long EC CORP US N 1 N N N Odyssey Therapeutics Inc N/A 67613T104 28325.00000000 NS USD 529960.75000000 0.076889614866 Long EC CORP US N 1 N N N Oruka Therapeutics Inc 529900TG7O4ESUDMGI54 687604108 122702.00000000 NS USD 11677549.34000000 1.694242962972 Long EC CORP US N 1 N N N Palisade Bio Inc 549300W6LIDX3I5XXT34 696389402 1910205.00000000 NS USD 3992328.45000000 0.579228927692 Long EC CORP US N 1 N N N Palvella Therapeutics Inc 254900AJDH8PAOOI5T33 697947109 40805.00000000 NS USD 6235820.10000000 0.904727012079 Long EC CORP US N 1 N N N Personalis Inc 549300EZ2NYFK7H0US48 71535D106 1542774.00000000 NS USD 20673171.60000000 2.999377222552 Long EC CORP US N 1 N N N Praxis Precision Medicines Inc N/A 74006W207 30409.00000000 NS USD 10180629.11000000 1.477061558555 Long EC CORP US N 1 N N N Precision BioSciences Inc 549300I5QGRS3BLHZH41 74019P207 1085970.00000000 NS USD 8535724.20000000 1.238409724392 Long EC CORP US N 1 N N N Quoin Pharmaceuticals Ltd 549300BWL6XZSU0ZFR32 74907L409 34600.00000000 NS USD 167464.00000000 0.024296596425 Long EC CORP IL N 1 N N N Regeneron Pharmaceuticals Inc 549300RCBFWIRX3HYQ56 75886F107 10241.00000000 NS USD 6385673.14000000 0.926468513751 Long EC CORP US N 1 N N N Relay Therapeutics Inc N/A 75943R102 186561.00000000 NS USD 3490556.31000000 0.506429071108 Long EC CORP US N 1 N N N Revolution Medicines Inc 549300JU3X0LBCQ65892 76155X100 43763.00000000 NS USD 8195934.64000000 1.189111189728 Long EC CORP US N 1 N N N Rhythm Pharmaceuticals Inc 529900JPNWXQ8DPLA551 76243J105 38140.00000000 NS USD 4234684.20000000 0.614391230331 Long EC CORP US N 1 N N N Rocket Pharmaceuticals Inc 549300R7VV82YUIN4Y93 77313F106 397727.00000000 NS USD 1360226.34000000 0.197349104465 Long EC CORP US N 1 N N N State Street Global Advisors 549300BZ5TGIFZUZDZ37 857492706 6953413.10000000 NS USD 6953413.10000000 1.008839343796 Long STIV RF US N 1 N N N Sagimet Biosciences Inc 2549002OT2F8BV0VPD02 786700104 847700.00000000 NS USD 6552721.00000000 0.950704734301 Long EC CORP US N 1 N N N Sarepta Therapeutics Inc 549300IKDPIED8J8IG21 803607100 428795.00000000 NS USD 7705446.15000000 1.117948427028 Long EC CORP US N 1 N N N Seaport Therapeutics Inc N/A 81221K108 55039.00000000 NS USD 1195447.08000000 0.173442024856 Long EC CORP US N 1 N N N GeneDx Holdings Corp N/A 81663L200 67565.00000000 NS USD 4638337.25000000 0.672955430707 Long EC CORP US N 1 N N N Shattuck Labs Inc N/A 82024L103 1405851.00000000 NS USD 9756605.94000000 1.415541949347 Long EC CORP US N 1 N N N ARS Pharmaceuticals Inc N/A 82835W108 651538.00000000 NS USD 5218819.38000000 0.757174964725 Long EC CORP US N 1 N N N Sionna Therapeutics Inc N/A 829401108 82402.00000000 NS USD 3624863.98000000 0.525915165163 Long EC CORP US N 1 N N N SpyGlass Pharma Inc N/A 85220G109 40826.00000000 NS USD 908786.76000000 0.131851771989 Long EC CORP US N 1 N N N Structure Therapeutics Inc N/A 86366E106 162217.00000000 NS USD 8706186.39000000 1.263141314681 Long EC CORP KY N 1 N N N Summit Therapeutics Inc N/A 86627T108 630806.00000000 NS USD 9190843.42000000 1.333458017152 Long EC CORP US N 1 N N N Syndax Pharmaceuticals Inc 529900OF94TRHKZVBS87 87164F105 372766.00000000 NS USD 8148664.76000000 1.182253016047 Long EC CORP US N 1 N N N Taysha Gene Therapies Inc N/A 877619106 1496652.00000000 NS USD 10192200.12000000 1.478740344206 Long EC CORP US N 1 N N N Tectonic Therapeutic Inc N/A 878972108 370884.00000000 NS USD 12749137.50000000 1.849714855784 Long EC CORP US N 1 N N N Tempus AI Inc 2549009LA0KWRAGQBX50 88023B103 124615.00000000 NS USD 7218946.95000000 1.047364452421 Long EC CORP US N 1 N N N Twist Bioscience Corp 549300T23BL59LCOH584 90184D100 17.00000000 NS USD 1748.96000000 0.000253748717 Long EC CORP US N 1 N N N HIBERCELL,INC. SERIES C N/A 000000000 719652.00000000 NS USD 333630.67000000 0.048404969092 Long EP CORP US Y 3 N N N ABCURO, INC. N/A 000000000 232252.00000000 NS USD 471750.26000000 0.068444117426 Long EP CORP US Y 3 N N N Vaxcyte Inc 254900M7NMHTGASX8D95 92243G108 126674.00000000 NS USD 7363559.62000000 1.068345652446 Long EC CORP US N 1 N N N VeraDermics Inc N/A 922967104 171383.00000000 NS USD 21069826.02000000 3.056926023268 Long EC CORP US N 1 N N N Vericel Corp 54930076YM3PLTDR4B91 92346J108 135240.00000000 NS USD 6016827.60000000 0.872954378004 Long EC CORP US N 1 N N N Vertex Pharmaceuticals Inc 54930015RAQRRZ5ZGJ91 92532F100 3797.00000000 NS USD 1886083.81000000 0.273643392944 Long EC CORP US N 1 N N N Afferent Milestone Interest N/A 000000000 11232.03000000 NS USD 0.01000000 0.000000001450 Long EC CORP US Y 3 N N N NEUROVANCE MILESTONE INTEREST N/A 000000000 34054.99000000 NS USD 11413529.90000000 1.655937573264 Long EC CORP US Y 3 N N N ETHISMOS RESEARCH, INC. MILEST N/A 000000000 820.00000000 NS USD 0.00000000 0.000000 Long EP CORP US Y 3 N N N HIBERCELL, INC. SERIES B N/A 000000000 1305163.00000000 NS USD 258291.76000000 0.037474386451 Long EP CORP US Y 3 N N N BIOTHERYX, INC. SERIES E N/A 000000000 609524.00000000 NS USD 246369.60000000 0.035744654031 Long EP CORP US Y 3 N N N Incendia Therapeutics, Inc. N/A 000000000 832650.00000000 NS USD 302002.16000000 0.043816131234 Long EP CORP US Y 3 N N N RECODE THERAPEUTICS N/A 000000000 155959.00000000 NS USD 482194.04000000 0.069959358361 Long EP CORP US Y 3 N N N ARBOR BIOTECHNOLOGIES N/A 000000000 38624.00000000 NS USD 639999.68000000 0.092854666897 Long EP CORP US Y 3 N N N HOTSPOT THERAPEUTICS, INC. N/A 000000000 284119.00000000 NS USD 920801.27000000 0.133594903054 Long EP CORP US Y 3 N N N QUELL THERAPEUTICS 2138003MLPFKHCR6UX19 000000000 846561.00000000 NS USD 1760000.32000000 0.255350508070 Long EP CORP US Y 3 N N N ENDEAVOR BIOMEDICINES, INC. N/A 000000000 296855.00000000 NS USD 1399997.87000000 0.203119376366 Long EP CORP US Y 3 N N N AMPHIVENA MILESTONE INTEREST N/A 000000000 100.00000000 NS USD 0.00000000 0.000000 Long EP CORP US Y 3 N N N QLARIS BIO, INC. N/A 000000000 1974522.00000000 NS USD 1549999.77000000 0.224882475463 Long EP CORP US Y 3 N N N ENGRAIL THERAPEUTICS INC. SERI N/A 000000000 2124646.00000000 NS USD 1017705.43000000 0.147654290549 Long EP CORP US Y 3 N N N HIBERCELL, INC. N/A 000000000 206589.00000000 PA USD 206589.00000000 0.029973066204 Long DBT CORP US Y 3 2027-02-28 Fixed 10.00000000 N N N N N N HOTSPOT THERAPEUTICS, INC. N/A 000000000 323870.21000000 PA USD 323870.21000000 0.046988867975 Long DBT CORP US Y 3 2028-04-12 Fixed 6.00000000 N N N N N N ENDEAVOR BIOMEDICINES INC. N/A 000000000 54815.00000000 NS USD 357645.95000000 0.051889237748 Long EP CORP US Y 3 N N N INCENDIA THERAPEUTICS, INC. N/A 000000000 738460.00000000 PA USD 738460.00000000 0.107139830627 Long DBT CORP US Y 3 2026-09-09 Fixed 8.00000000 N N N N N N AMOLYT MILESTONE N/A 000000000 6849.46000000 NS USD 1081803.87000000 0.156954044097 Long EP CORP US Y 3 N N N THIRD ARC BIO, INC N/A 000000000 1050280.00000000 NS USD 2209999.18000000 0.320638812979 Long EP CORP US Y 3 N N N GLYCOMINE, INC. N/A 000000000 2865735.00000000 NS USD 1719441.00000000 0.249465939271 Long EP CORP US Y 3 N N N SEISMIC THERAPEUTICS, INC. N/A 000000000 282340.00000000 NS USD 1274990.97000000 0.184982689079 Long EP CORP US Y 3 N N N INVETX MILESTONE INTEREST N/A 000000000 13998.63000000 NS USD 714070.12000000 0.103601212947 Long EP CORP US Y 3 N N N HIBERCELL INC. N/A 000000000 2582362.00000000 NS USD 2.58000000 0.000000374320 N/A DE US Y 3 N/A N/A Call Purchased HiberCell, Inc. HiberCell, Inc. 1.00000000 1.00000000 USD 2034-09-13 XXXX 2.58000000 N N N ATALANTA THERAPEUTICS N/A 000000000 777778.00000000 NS USD 762222.44000000 0.110587415868 Long EP CORP US Y 3 N N N ARBOR BIOTECHNOLOGIES N/A 000000000 389294.00000000 NS USD 1599998.34000000 0.232136542470 Long EP CORP US Y 3 N N N NUVIG THERAPEUTICS, INC N/A 000000000 1098709.00000000 NS USD 1152216.13000000 0.167169841311 Long EP CORP US Y 3 N N N AVICEDA THERAPEUTICS N/A 000000000 38906.00000000 NS USD 224090.78000000 0.032512320524 Long EP CORP US Y 3 N N N IMMUNIC INC. 549300R5T12FW5MEQB20 000000000 231182.60000000 NS USD 3553276.56000000 0.515528869285 N/A DE US N 1 N/A N/A Call Purchased Immunic Inc Immunic Inc 1.00000000 1.00000000 USD 2099-12-31 XXXX 1819638.24000000 N N N IMMUNIC INC. 549300R5T12FW5MEQB20 000000000 231182.60000000 NS USD 2736069.19000000 0.396963937928 N/A DE US N 3 N/A N/A Call Purchased Immunic Inc Immunic Inc 1.00000000 1.00000000 USD 2099-12-31 XXXX 2736069.19000000 N N N ABCURO INC. N/A 000000000 51403.00000000 NS USD 310407.30000000 0.045035595086 Long EP CORP US Y 3 N N N CRYSTALYS THERAPEUTICS SER A N/A 000000000 1700853.00000000 NS USD 1703999.58000000 0.247225613291 Long EP CORP US Y 3 N N N INFINANT HEALTH 254900XG00YSDTCSB521 000000000 2932659.00000000 NS USD 931764.42000000 0.135185497039 Long EP CORP US N 1 N N N CURASEN THERAPEUTICS, INC. N/A 000000000 1379821.00000000 NS USD 661624.17000000 0.095992066615 Long EP CORP US Y 3 N N N CURASEN THERAPEUTICS, INC. N/A 000000000 9049182.00000000 NS USD 4339082.77000000 0.629537947970 Long EP CORP US Y 3 N N N HOTSPOT THERAPEUTICS, INC. N/A 000000000 1291668.00000000 NS USD 3100003.20000000 0.449765481940 Long EP CORP US Y 3 N N N IO LIGHT HOLDINIGS, INC. N/A 000000000 421634.00000000 NS USD 42.16000000 0.000006116804 Long EP CORP US Y 3 N N N PRIOTHERA LIMITED N/A 000000000 152534.00000000 NS 17.42000000 0.000002527389 Long EP CORP IE Y 3 N N N Xenon Pharmaceuticals Inc 549300XV44Q9Z1MIPQ03 98420N105 170859.00000000 NS USD 10313049.24000000 1.496273797945 Long EC CORP CA N 1 N N N CURASEN THERAPEUTICS CONV PN N/A 000000000 441082.94000000 PA USD 441082.94000000 0.063994734290 Long ABS-O CORP US Y 3 2026-08-31 Fixed 8.00000000 N N N N N N INCENDIA THERAPEUTICS, INC. N/A 000000000 257585.68000000 PA USD 257585.68000000 0.037371944489 Long DBT CORP US N 3 2026-09-09 Fixed 10.00000000 N N N N N N RECODE THERAPEUTICS, INC. N/A 000000000 75939.03000000 PA USD 75939.03000000 0.011017651345 Long DBT CORP US N 3 2027-03-23 Fixed 8.00000000 N N N N N N VERADERMICS, INC. N/A 000000000 109305.00000000 NS USD 13437956.70000000 1.949652526641 Long EP CORP US N 1 N N N QLARIS BIO, INC. N/A 000000000 191578.00000000 PA USD 191578.00000000 0.027795187920 Long DBT CORP US N 3 2027-04-30 Fixed 8.00000000 N N N N N N HIBERCELL INC. N/A 000000000 320000.00000000 PA USD 320000.00000000 0.046427356662 Long DBT CORP US N 3 2027-02-28 Fixed 10.00000000 N N N N N N OCULIS HOLDINGS AG 5067005370C2KK324336 000000000 8974.00000000 NS USD 124469.38000000 0.018058700933 Long EC CORP US N 1 N N N EVOMMUNE N/A 000000000 58305.00000000 NS USD 774873.45000000 0.112422893848 Long EC CORP US N 1 N N N IMMUNIC 549300R5T12FW5MEQB20 000000000 444460.40000000 NS USD 6831356.35000000 0.991130680467 N/A DE US N 1 N/A N/A Call Purchased Immunic Inc Immunic Inc 1.00000000 1.00000000 USD 2099-12-31 XXXX 2950683.71000000 N N N IMMUNIC 549300R5T12FW5MEQB20 000000000 444460.40000000 NS USD 4083168.80000000 0.592408544345 N/A DE US N 1 N/A N/A Call Purchased Immunic Inc Immunic Inc 1.00000000 1.00000000 USD 2099-12-31 XXXX 4083168.80000000 N N N CURASEN THERAPEUTICS, INC. N/A 000000000 180425.68000000 PA USD 180425.68000000 0.026177148113 Long ABS-O CORP US N 2 2026-08-31 Fixed 8.00000000 N N N N N N INCENDIA BRIDGE NOTE 5/2026 N/A 000000000 69798.25000000 PA USD 69798.25000000 0.010126713272 Long DBT CORP US N 2 2026-09-09 Fixed 10.00000000 N N N N N N ATALANTA THERAPEUTICS N/A 000000000 1076923.00000000 NS USD 699999.95000000 0.101559835444 Long EP CORP US N 1 N N N SKYHAWK THERAPEUTICS, INC. N/A 000000000 45156.00000000 NS USD 1556527.32000000 0.225829528251 Long EC CORP US N 1 N N N HIBERCELL BRIDGE NOTE N/A 000000000 320000.00000000 PA USD 320000.00000000 0.046427356662 Long DBT CORP US N 2 2027-02-28 Fixed 10.00000000 N N N N N N QLARIS BIO BRIDGE NOTE N/A 000000000 129525.00000000 PA USD 129525.00000000 0.018792198036 Long DBT CORP US N 2 2027-12-12 Fixed 8.00000000 N N N N N N ELOXX PHARMACEUTICALS, INC. 549300UB28QGWJMFFA11 000000000 163602.00000000 NS USD 2270795.76000000 0.329459514553 Long STIV CORP US N 1 N N N HIBERCELL, INC. SERIES C N/A 000000000 719652.00000000 NS USD 0.72000000 0.000000104461 N/A DE US Y 3 N/A N/A Call Purchased HiberCell, Inc. HiberCell, Inc. 1.00000000 0.46360000 USD 2028-09-15 XXXX -1292.86000000 N N N RECODE THERAPEUTICS, INC. N/A 000000000 75939.00000000 NS USD 0.00000000 0.000000 N/A DE US N 3 N/A N/A Call Purchased Recode Therapeutics, Inc. Recode Therapeutics, Inc. 1.00000000 1.00000000 USD 2035-09-23 XXXX 0.00000000 N N N PRECISION BIOSCIENCES 549300I5QGRS3BLHZH41 000000000 336267.00000000 NS USD 1524802.71000000 0.221226747678 N/A DE US N 1 N/A N/A Call Purchased Precision BioSciences, Inc. Precision BioSciences, Inc. 1.00000000 1.00000000 USD 2030-11-11 XXXX 1524802.71000000 N N N HIBERCELL INC. N/A 000000000 4000000.00000000 NS USD 0.00000000 0.000000 N/A DE US N 3 N/A N/A Call Purchased HiberCell, Inc. HiberCell, Inc. 1.00000000 1.00000000 USD 2036-01-09 XXXX 0.00000000 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -3500.00000000 NC USD -14000.00000000 -0.00203119685 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Rocket Pharmaceuticals, Inc. Rocket Pharmaceuticals, Inc. 100.00000000 7.50000000 USD 2026-07-17 XXXX 156353.07000000 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -3000.00000000 NC USD -15000.00000000 -0.00217628234 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Allogene Therapeutics, Inc. Allogene Therapeutics, Inc. 100.00000000 5.00000000 USD 2026-08-21 XXXX 102000.00000000 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -150.00000000 NC USD -37125.00000000 -0.00538629880 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written GRAIL, Inc. GRAIL, Inc. 100.00000000 115.00000000 USD 2026-10-16 XXXX 9217.50000000 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -80.00000000 NC USD -68400.00000000 -0.00992384748 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written GeneDx Holdings Corp. GeneDx Holdings Corp. 100.00000000 75.00000000 USD 2026-09-18 XXXX -57669.76000000 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -1000.00000000 NC USD -317500.00000000 -0.04606464293 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Personalis, Inc. Personalis, Inc. 100.00000000 12.50000000 USD 2026-10-16 XXXX -228500.00000000 N N N Alkermes PLC N/A 000000000 35025.00000000 NS USD 1835134.88000000 0.266251442491 Long EC CORP IE N 1 N N N Biohaven Ltd N/A 000000000 365519.00000000 NS USD 5438922.72000000 0.789108765565 Long EC CORP VG N 1 N N N Jazz Pharmaceuticals PLC 635400GAUMJCLEZRRV50 000000000 15453.00000000 NS USD 3723709.41000000 0.540256202766 Long EC CORP IE N 1 N N N Oculis Holding AG 5067005370C2KK324336 000000000 324440.00000000 NS USD 4499982.80000000 0.652882207595 Long EC CORP CH N 1 N N N Ascendis Pharma A/S 549300B66JN3W3J8GH73 000000000 11544.00000000 NS USD 3079015.68000000 0.446720497326 Long EC CORP DK N 1 N N N Immatics NV 984500DC691EZ96AF394 000000000 186664.00000000 NS USD 1890906.32000000 0.274343069168 Long EC CORP NL N 1 N N N Newamsterdam Pharma Co NV 984500B6549TF6E14D36 000000000 244176.00000000 NS USD 8275124.64000000 1.200600509648 Long EC CORP NL N 1 N N N ProQR Therapeutics NV 549300NGS2FJGGDBGS06 000000000 2624861.00000000 NS USD 4882241.46000000 0.708342392423 Long EC CORP NL N 1 N N N uniQure NV 724500RPCTZLFYJZ3S98 000000000 564239.00000000 NS USD 25988848.34000000 3.770604784772 Long EC CORP NL N 1 N N N WaVe Life Sciences Ltd 54930070006GPKFYZ813 000000000 172868.00000000 NS USD 1004363.08000000 0.145718509167 Long EC CORP SG N 1 N N N 2026-07-30 abrdn Life Sciences Investors Sharon Ferrari Sharon Ferrari Assistant Treasurer XXXX