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IRON

Disc Medicine, Incdistress 1/10 · well-funded / low risk
$73.38-1%today-22% from 52w high
discmedicine.com154 employeesFounded 2017Watertown, MABiotechnology
Hematology 1
Lead: erythropoietic protoporphyria · target Hemojuvelin
Revenue
pre-revenue
Liquidity
$730M
Runway
3.6 yrs
Shares 1y
+10%

Price & events

-6.2% over 6M
$55.95$69.05$82.14Jan 26Apr 26Jul 265.0Mfinancing: 8-K material_agreement (2026-06-30)catalyst: RALLY-MF (2026-06-30) — click to opencatalyst: PHASE3 bitopertin (2026-03-31) — click to opencatalyst: PHASE2 DISC-0974 (2026-03-31) — click to opencatalyst: PHASE3 bitopertin (2026-03-01) — click to opencatalyst: bitopertin (2026-01-31) — click to openrating: Morgan Stanley: Overweight (2026-06-16)rating: Wedbush: Outperform (2026-06-10)rating: Morgan Stanley: Overweight (2026-05-14)rating: Wells Fargo: Overweight (2026-03-02)rating: Truist Securities: Buy (2026-02-27)rating: BMO Capital: Outperform (2026-02-17)rating: Cantor Fitzgerald: Overweight (2026-02-17)rating: Wedbush: Outperform (2026-02-17)
CatalystRating changeDilutionFinancingdashed = today
-1.3%
1D
-0.1%
1W
+4.2%
1M
+7.4%
3M
-3.9%
6M
+20.4%
1Y
+59.1%
2Y
-48.5%
5Y
-78.4%
All

Overview

Market Cap
$2.80B
Enterprise Value
$2.74B
Volume
11.32K
52 Week Range
$55.95 – $94.11
Total Shares
38.20M
Float Shares
32.75M
Short %
19.44%
% Held by Insiders
7.78%
% Held by Institutions
113.48%
RVOL
0.02x
Beta
2.07

Pipeline stages · 1 programs

DISC-1459
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2026-09

Pipeline · 6 trials · 5 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2026-09
Estimated 50%
readout ~2026-10-16
Phase 1/2DISC-0974Myelofibrosis; Anemia, Anemia, Myelofibrosis, Myelofibrosis Due to and Following Polycythemia Vera, Primary Myelofibrosis, Post-essential Thrombocythemia Myelofibrosis, Myelodysplastic Syndromesrecruiting
2026-09
Estimated 50%
readout ~2026-11-15
Phase 3DISC-1459Erythropoietic Protoporphyria (EPP), X-Linked Protoporphyria (XLP)active not recruiting
2026-10
Estimated 50%
readout ~2026-11-15
Phase 2DISC-0974Inflammatory Bowel Disease (IBD), Anemia, Inflammatory Bowel Disease (IBD); Anemiarecruiting
2027-02
Estimated 50%
readout ~2027-03-18
Phase 2DISC-3405Polycythemia Vera (PV)recruiting
2028-06
Estimated 50%
readout ~2028-08-15
Phase 2/3DISC-1459Erythropoietic Protoporphyriaenrolling by invitation
Show all 6 trials · 1 more ▾
ReadoutPhaseDrugIndicationEnrollStatus
2025-10-09
Phase 1DISC-0974Chronic Kidney Diseases, Anemia of Chronic Kidney Disease55completed

Catalyst news & presentations · 21

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 38,199,089 · 2 offerings/1y · 0 PIPEs
  • 2026-06-308-Kmaterial_agreement
  • 2025-10-228-Kmaterial_agreement
  • 2025-10-21424B5offering
  • 2025-10-20424B5offering
  • 2025-01-248-Kmaterial_agreement
  • 2025-01-23424B5offering
  • 2025-01-21424B5offering
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
Upgrade to Pro
🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
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Wall St ratings

strong buy · target $102 (+38% upside) · 11 analysts
  • 2026-06-16Morgan StanleyOverweight
  • 2026-06-10WedbushOutperform
  • 2026-05-14Morgan StanleyOverweight
  • 2026-03-02Wells FargoOverweight
  • 2026-02-27Truist SecuritiesBuy
  • 2026-02-17BMO CapitalOutperform

Competitors — Hemojuvelin

  • none identified

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.