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HBM Healthcare Investments (Cayman) Ltd.
> ISPH
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2003 | INSPIRE PHARMACEUTICALS INC | ISPH | 2,201,200 | 2,201,200 | 31,146,980 | 31,146,980 | $14.15 |
| 07/24/2003 | INSPIRE PHARMACEUTICALS INC | ISPH | 1,642,000 | 1,642,000 | 18,554,600 | 18,554,600 | $11.30 |
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