DM

Disc Medicine

IRON
NASDAQHealth Care
$67.99
USD
-0.09(-0.13%)
At close: Jun 12, 20:00 UTC

Open

$68.16

Prev. Close

$68.00

High

$68.16

Low

$67.93

Market Snapshot

Market Cap

$2.59B

P/E Ratio

-10.7

EPS

-3.99

Employees

155

Why IRON moved

NEXTBio Capital acquired 42,778 shares of Disc Medicine, reflecting growing investment interest, while the company faces legal scrutiny following FDA-related stock fluctuations.

About

Disc Medicine, Inc. is a clinical-stage biopharmaceutical company, which engages in the discovery, development, and commercialization of treatments for hematologic diseases. The company is headquartered in Watertown, Massachusetts and currently employs 155 full-time employees. The company went IPO on 2020-08-12. The firm's pipeline includes bitopertin for the treatment of erythropoietic porphyrias (Eps), including erythropoietic protoporphyria (EPP) and X-linked protoporphyria (XLP), and Diamond-Blackfan Anemia (DBA); DISC-0974 for the treatment of anemia of myelofibrosis (MF), and anemia of chronic kidney disease (CKD), and DISC-3405 (formerly MWTX-003) for the treatment of polycythemia vera (PV) and other hematologic disorders. In addition, its preclinical programs also include DISC-0998, for the treatment of anemia associated with inflammatory diseases. Bitopertin is the lead product candidate in the Company's heme biosynthesis modulation portfolio. The company is developing DISC-3405, a monoclonal antibody against Transmembrane Serine Protease 6 that it licensed from Mabwell Therapeutics, Inc.

Recently from Cashu