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Disc Medicine IRON · USD

Health Care · US listing · 🇺🇸 United States

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81.26

+2.98%

Close of 9 Nov 2026, in USD

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About Disc Medicine

From its filings with the US Securities and Exchange Commission

SEC filings

Disc Medicine is based in Watertown, Massachusetts. Its shares trade on Nasdaq under the ticker IRON. The SEC classifies its business as pharmaceutical preparations. In the fiscal year to 31 December 2025, it reported a net loss of $212.2m. At that date it held total assets of $806.9m and shareholders' equity of $739.8m.

In its own words

We are a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of novel treatments for patients suffering from serious hematologic diseases. We have assembled a portfolio of clinical and preclinical product candidates that aim to modify fundamental biological pathways associated with the formation and function of red blood cells, specifically heme biosynthesis and iron homeostasis. Our current pipeline includes bitopertin for the treatment of erythropoietic porphyrias, or EPs, including erythropoietic protoporphyria, or EPP, and X-linked protoporphyria, or XLP; DISC-0974 for the treatment of anemia of myelofibrosis, or MF, and anemia of inflammatory bowel disease, or IBD; and DISC-3405 for the treatment of polycythemia vera, or PV, sickle cell disease, or SCD, and other hematologic disorders. In addition, our preclinical programs include DISC-0998 for the treatment of anemia associated with inflammatory diseases. Our approach to product candidate development leverages well-understood molecular mechanisms that have been validated in humans. We believe that each of our product candidates, if approved, has the potential to improve the lives of patients suffering from hematologic diseases.

Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Biotechnology
Listed since
12 Aug 2020
Employees
155
Head office
321 ARSENAL STREET, SUITE 101, WATERTOWN, MA, 02472
Classification
Pharmaceutical Preparations
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Dr. Donald NicholsonExecutive Chairman of the Board, since 2022$446,675
  • Dr. John QuiselPresident, Chief Executive Officer, Director, since 2022$9.1m
  • Ms. Jean FranchiChief Financial Officer$5.3m
  • Mr. Jonathan YuChief Operating Officer$2.9m
  • Dr. Rahul KharaChief Legal Officer
  • Dr. William SavageChief Medical Officer$3.1m
  • Ms. Pamela StephensonChief Commercial Officer$5.2m
  • Mr. Nadim AhmedDirector
  • Dr. Georges GemayelDirector, since 2021$322,675
  • Mr. Kevin BittermanIndependent Director$335,675
  • Mr. Mark ChinIndependent Director$330,175
  • Dr. Liam RatcliffeIndependent Director$334,175

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
32
Environment
30
Social
63
Governance
3
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Disc Medicine Inc focuses on hematologic diseases with a strong pipeline including bitopertin for erythropoietic porphyrias.
  • The company targets red blood cell biology pathways like heme biosynthesis and iron homeostasis for innovative treatments.
  • Disc Medicine has a portfolio of therapeutic candidates addressing anemia in myelofibrosis and chronic kidney disease.

Weaknesses

  • The company employs only 46 full-time employees as of the latest report.
  • Disc Medicine's IPO was in 2020 with limited financial history for investors.
  • The firm's pipeline includes only a few therapeutic candidates at early stages.

Opportunities

  • The growing market for hematologic disease treatments offers significant expansion potential.
  • Disc Medicine can leverage its focus on heme biosynthesis to develop new therapies.
  • Collaborations with healthcare providers could enhance the commercialization of DISC-0974.

Threats

  • Competition from established biopharmaceutical companies in the hematologic disease sector.
  • Regulatory challenges may delay the approval of bitopertin and DISC-0974.
  • Economic downturns could impact funding for early-stage biotech research.

Sources and methodology

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