Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Madryn Asset Management, LP

2. Date of Event Requiring Statement (MM/DD/YYYY) 12/9/2020

3. Issuer Name and Ticker or Trading Symbol

Venus Concept Inc. [VERO]

(Last) (First) (Middle)

140 E. 45TH STREET, 15TH FLOOR

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director ___X___ 10% Owner
_____ Officer (give title below) _____ Other (specify below)

(Street)

NEW YORK, NY 10017

(City) (State) (Zip)

5. If Amendment, Date Original Filed(MM/DD/YYYY)

6. Individual or Joint/Group Filing(Check Applicable Line)

___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	621821	I	See footnotes ⁽¹⁾⁽²⁾
Common Stock	1058777	I	See footnotes ⁽²⁾⁽³⁾

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Secured Subordinated Convertible Notes	12/9/2020	12/9/2025	Common Stock	3039135	$3.25	I	See footnotes ⁽¹⁾⁽²⁾
Secured Subordinated Convertible Notes	12/9/2020	12/9/2025	Common Stock	5174744	$3.25	I	See footnotes ⁽²⁾⁽³⁾
Warrants	12/9/2020	12/1/2026	Common Stock	66575	$8.775	I	See footnotes ⁽¹⁾⁽²⁾
Warrants	12/9/2020	12/1/2026	Common Stock	113357	$8.775	I	See footnotes ⁽²⁾⁽³⁾

Explanation of Responses:
(1)	Represents securities held directly by Madryn Health Partners, LP ("Health Partners LP"). Madryn Health Management, LP, as investment advisor for Health Partners LP, and Madryn Health Advisors, LP, as general partner of Health Partners LP, may be deemed to be beneficial owners of the shares held directly by Health Partners LP.
(2)	Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.
(3)	Represents securities held directly by Madryn Health Partners (Cayman Master), LP ("Cayman Master LP"). Madryn Health Management, LP, as investment advisor for Cayman Master LP, and Madryn Health Advisors, LP, as general partner of Cayman Master LP, may be deemed to be beneficial owners of the shares held directly by Cayman Master LP.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Madryn Asset Management, LP 140 E. 45TH STREET, 15TH FLOOR NEW YORK, NY 10017		X
Madryn Health Partners, LP 140 E. 45TH STREET, 15TH FLOOR NEW YORK, NY 10017		X
Madryn Health Partners (Cayman Master), LP 140 E. 45TH STREET, 15TH FLOOR NEW YORK, NY 10017		X
Madryn Health Advisors, LP 140 E. 45TH STREET, 15TH FLOOR NEW YORK, NY 10017		X

Signatures
Madryn Asset Management, LP, By: /s/ John Ricciardi, Name: John Ricciardi, Title: Authorized Signatory		12/18/2020
^**Signature of Reporting Person		Date
Madryn Health Partners, LP, By: /s/ John Ricciardi, Name: John Ricciardi, Title: Authorized Signatory		12/18/2020
^**Signature of Reporting Person		Date
Madryn Health Partners (Cayman Master), LP., By: /s/ John Ricciardi, Name: John Ricciardi, Title: Authorized Signatory		12/18/2020
^**Signature of Reporting Person		Date
Madryn Health Advisors, LP, By: /s/ John Ricciardi, Name: John Ricciardi, Title: Authorized Signatory		12/18/2020
^**Signature of Reporting Person		Date