SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

SCHEDULE 13G
(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 2)(1)

Diomed Holdings Inc.
(Name of Issuer)

Common Stock
(Title of Class of Securities)

25454R207
(CUSIP Number)

12/31/2007
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

|_| Rule 13d-1(b)

|X| Rule 13d-1(c)

|_| Rule 13d-1(d)

(1) The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 

CUSIP No. 25454R207 13G Page 2 of 13 Pages

--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 ProMed Partners, L.P.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 (a) |X|
 (b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY

--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION

 Delaware
--------------------------------------------------------------------------------
 NUMBER OF 5. SOLE VOTING POWER

 SHARES 720,966
 -----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER

 OWNED BY
 -----------------------------------------------------------------
 EACH 7. SOLE DISPOSITIVE POWER

 REPORTING 720,966
 -----------------------------------------------------------------
 PERSON 8. SHARED DISPOSITIVE POWER

 WITH
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 720,966
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 |_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 2.27%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*

 PN
--------------------------------------------------------------------------------
 *SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 25454R207 13G Page 3 of 13 Pages

--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 ProMed Offshore Fund, Ltd.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 (a) |X|
 (b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY

--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION

 British Virgin Islands
--------------------------------------------------------------------------------
 NUMBER OF 5. SOLE VOTING POWER

 SHARES 132,609
 -----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER

 OWNED BY
 -----------------------------------------------------------------
 EACH 7. SOLE DISPOSITIVE POWER

 REPORTING 132,609
 -----------------------------------------------------------------
 PERSON 8. SHARED DISPOSITIVE POWER

 WITH
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 132,609
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 |_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 .42%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*

 CO
--------------------------------------------------------------------------------
 *SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 25454R207 13G Page 4 of 13 Pages

--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 ProMed Offshore Fund II, Ltd.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 (a) |X|
 (b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY

--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION

 British Virgin Islands
--------------------------------------------------------------------------------
 NUMBER OF 5. SOLE VOTING POWER

 SHARES 585,583
 -----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER

 OWNED BY
 -----------------------------------------------------------------
 EACH 7. SOLE DISPOSITIVE POWER

 REPORTING 585,583
 -----------------------------------------------------------------
 PERSON 8. SHARED DISPOSITIVE POWER

 WITH
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 585,583
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 |_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 1.84%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*

 CO
--------------------------------------------------------------------------------
 *SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 25454R207 13G Page 5 of 13 Pages

--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 ProMed Management, Inc.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 (a) |X|
 (b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY

--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION

 Massachusetts
--------------------------------------------------------------------------------
 NUMBER OF 5. SOLE VOTING POWER

 SHARES 720,966
 -----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER

 OWNED BY
 -----------------------------------------------------------------
 EACH 7. SOLE DISPOSITIVE POWER

 REPORTING 720,966
 -----------------------------------------------------------------
 PERSON 8. SHARED DISPOSITIVE POWER

 WITH
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 720,966

(Reporting person disclaims beneficial ownership of shares held by ProMed
Offshore Fund, Ltd. which represent the interests of the shareholders of ProMed
Offshore Fund, Ltd.)
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 |_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 2.27%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*

 IA
--------------------------------------------------------------------------------
 *SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 25454R207 13G Page 6 of 13 Pages

--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 ProMed Asset Management, L.L.C.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 (a) |X|
 (b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY

--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION

 Massachusetts
--------------------------------------------------------------------------------
 NUMBER OF 5. SOLE VOTING POWER

 SHARES 718,192
 -----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER

 OWNED BY
 -----------------------------------------------------------------
 EACH 7. SOLE DISPOSITIVE POWER

 REPORTING 718,192
 -----------------------------------------------------------------
 PERSON 8. SHARED DISPOSITIVE POWER

 WITH
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 718,192

(Reporting person disclaims beneficial ownership of shares held by ProMed
Partners, L.P. and ProMed Partners II, L.P. which represent the interests of
other partners of these entities.)
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 |_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 2.26%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*

 IA
--------------------------------------------------------------------------------
 *SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 25454R207 13G Page 7 of 13 Pages

--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 Barry Kurokawa
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 (a) |X|
 (b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY

--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION

 New York
--------------------------------------------------------------------------------
 NUMBER OF 5. SOLE VOTING POWER

 SHARES 131,177
 -----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER

 OWNED BY 1,439,158
 -----------------------------------------------------------------
 EACH 7. SOLE DISPOSITIVE POWER

 REPORTING 131,177
 -----------------------------------------------------------------
 PERSON 8. SHARED DISPOSITIVE POWER

 WITH 1,439,158
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 1,570,335

(Reporting person disclaims beneficial ownership of shares held by ProMed
Partners, L.P. and ProMed Partners II, L.P. which represent the interests of
other partners of these entities.)
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 |_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 5.35%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*

 IA
--------------------------------------------------------------------------------
 *SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 25454R207 13G Page 8 of 13 Pages

--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 David B. Musket
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 (a) |X|
 (b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY

--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION

 Massachusetts
--------------------------------------------------------------------------------
 NUMBER OF 5. SOLE VOTING POWER

 SHARES 837,842
 -----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER

 OWNED BY 1,439,158
 -----------------------------------------------------------------
 EACH 7. SOLE DISPOSITIVE POWER

 REPORTING 837,842
 -----------------------------------------------------------------
 PERSON 8. SHARED DISPOSITIVE POWER

 WITH 1,439,158
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 2,277,000

(Reporting person disclaims beneficial ownership of shares held by ProMed
Partners, L.P. and ProMed Partners II, L.P. which represent the interests of
other partners of these entities.)
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 |_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 7.16%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*

 IA
--------------------------------------------------------------------------------
 *SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 25454R207 13G Page 9 of 13 Pages

Item 1(a). Name of Issuer:

Diomed Holdings Inc.

--------------------------------------------------------------------------------

Item 1(b). Address of Issuer's Principal Executive Offices:

1 Dundee Park, Andover, MA 01810

--------------------------------------------------------------------------------

Item 2(a). Name of Person Filing:

ProMed Partners, L.P., ProMed Offshore Fund, Ltd., ProMed Offshore Fund II,
Ltd., ProMed Management, Inc., ProMed Asset Management, L.L.C., Barry Kurokawa
and David B. Musket

--------------------------------------------------------------------------------

Item 2(b). Address of Principal Business Office, or if None, Residence:

125 Cambridgepark Drive, Cambridge, MA 02140

--------------------------------------------------------------------------------

Item 2(c). Citizenship:

See pages 2, 3, 4, 5, 6, 7 & 8

--------------------------------------------------------------------------------

Item 2(d). Title of Class of Securities:

Common Stock

--------------------------------------------------------------------------------

Item 2(e). CUSIP Number:

25454R207

--------------------------------------------------------------------------------

Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
 or (c), Check Whether the Person Filing is a:

 (a) |_| Broker or dealer registered under Section 15 of the Exchange Act.

 (b) |_| Bank as defined in Section 3(a)(6) of the Exchange Act.

 (c) |_| Insurance company as defined in Section 3(a)(19) of the Exchange
 Act.

 (d) |_| Investment company registered under Section 8 of the Investment
 Company Act.

 (e) |_| An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

 (f) |_| An employee benefit plan or endowment fund in accordance with
 Rule 13d-1(b)(1)(ii)(F);

 (g) |_| A parent holding company or control person in accordance with
 Rule 13d-1(b)(1)(ii)(G);

 (h) |_| A savings association as defined in Section 3(b) of the Federal
 Deposit Insurance Act;

 (i) |_| A church plan that is excluded from the definition of an
 investment company under Section 3(c)(14) of the Investment
 Company Act;

 (j) |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

 If this statement is filed pursuant to Rule 13d-1(c), check this box |X|

Page 10 of 14 Page

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a) Amount beneficially owned:

See pages 2, 3, 4, 5, 6, 7 & 8

(b) Percent of class:

See pages 2, 3, 4, 5, 6, 7 & 8

(c) Number of shares as to which such person has:

(i) Sole power to vote or to direct the vote

See pages 2, 3, 4, 5, 6, 7 & 8

(ii) Shared power to vote or to direct the vote

See pages 2, 3, 4, 5, 6, 7 & 8

(iii) Sole power to dispose or to direct the disposition of

See pages 2, 3, 4, 5, 6, 7 & 8

(iv) Shared power to dispose or to direct the disposition of

See pages 2, 3, 4, 5, 6, 7 & 8

Item 5. Ownership of Five Percent or Less of a Class.

Not Applicable

Item 6. Ownership of More Than Five Percent on Behalf of Another Person.

Not Applicable

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

Not Applicable

Item 8. Identification and Classification of Members of the Group.

See "Exhibit A" attached hereto and pages 2, 3, 4, 5, 6, 7 & 8

Item 9. Notice of Dissolution of Group.

Not Applicable

Item 10. Certifications.

(a) The following certification shall be included if the statement is filed pursuant to Rule 13d-1(b):

"By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect."

(b) The following certification shall be included if the statement is filed pursuant to Rule 13d-1(c):

"By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect."

Page 11 of 13 Pages

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

2.9.2007

(Date) 

 /s/ David B. Musket
----------------------------------------
 (Signature)

David B. Musket, President of Managing Member of the General Partner

(Name/Title)

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties for whom copies are to be sent.

Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001).

Schedule 13 G Page 12 of 13 

CUSIP No. 25454R207

 Index to Exhibits

Exhibit Page No.
------- --------

Exhibit A -- Joint Filing Agreement, dated February 9, 2007 11

Schedule 13G Page 13 of 13

Cusip No: 25454R207

EXHIBIT A

JOINT FILING AGREEMENT

ProMed Partners, L.P., ProMed Offshore Fund, Ltd., ProMed Offshore Fund II, ProMed Management, Inc., ProMed Asset Management, LLC, Barry Kurokawa and David B. Musket each hereby agrees that the Schedule 13G to which this Exhibit is attached relating to the Shares of Common Stock of Diomed Holdings, Inc. is filed jointly on behalf of each such person.

Dated: February 6, 2008

PROMED PARTNERS, L.P.

By: ProMed Asset Management, LLC
its General Partner
By: DBM Corporate Consulting Group, Ltd,
a Managing Member

By:

David B. Musket President

PROMED OFFSHORE FUND, LTD.

By:

David B. Musket Director

PROMED OFFHORE FUND II, LTD.

By:

David B. Musket Director

PROMED MANAGEMENT, INC.

By:

David B. Musket President

PROMED ASSET MANAGEMENT, LLC

By: DBM Corporate Consulting Group, Ltd.
A Managing Member

Barry Kurokawa 

By: /s/ Barry Kurokawa
 ----------------------------------------

David B. Musket 

By: /s/ David B. Musket
 ----------------------------------------

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