Skip to main content

Disc Medicine, Inc.

corporate_fare Company Profile

Disc Medicine, Inc.

IRON·NASDAQ·Life Sciences·CIK 0001816736

We are a clinical-stage biopharmaceutical company focused on discovering, developing, and commercializing new treatments for patients with serious blood diseases. We have a portfolio of product candidates in both clinical and preclinical stages. These candidates aim to change fundamental biological processes related to how red blood cells form and function, specifically heme biosynthesis and iron homeostasis. Our current pipeline includes bitopertin, which is being developed for erythropoietic porphyrias (EPs), including erythropoietic protoporphyria (EPP) and X-linked protoporphyria (XLP). Also in our pipeline is DISC-0974 for anemia of myelofibrosis (MF) and anemia of inflammatory bowel disease (IBD), and DISC-3405 for polycythemia vera (PV), sickle cell disease (SCD), and other blood disorders. Our preclinical programs include DISC-0998 for anemia associated with inflammatory diseases. Our development strategy uses molecular mechanisms that are well-understood and have been confirmed in humans. Bitopertin is the main product candidate in our heme biosynthesis modulation portfolio. F. Hoffmann-La Roche Ltd and Hoffmann-La Roche Inc. (collectively, Roche) previously evaluated bitopertin in a clinical program involving over 4,000 individuals for other conditions. This program showed that bitopertin acts as a glycine transporter 1 (GlyT1) inhibitor and affects heme biosynthesis. We are initially developing bitopertin for EPs, including EPP and XLP. These are severe diseases called porphyrias, caused by flaws in the heme biosynthesis pathway, leading to a buildup of toxic metabolites called porphyrins. This results in skin hypersensitivity to sunlight and certain artificial light. We have completed two Phase 2 clinical trials for bitopertin: BEACON, an open-label, parallel-dose trial in EPP and XLP patients conducted in Australia, and AURORA, a randomized, double-blind, placebo-controlled trial in EPP patients conducted in the United States.

Disc Medicine, Inc. (NASDAQ:IRON) is a publicly traded company in the Life Sciences sector. Wiseek has independently scored 23 items for IRON at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-10-22, rated 7/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 14 rated 8 or above. Recent SEC coverage for IRON spans 8-K, 424B5, 10-Q, DEF 14A.

Recent high-impact activity:

  • Disc Medicine Closes Upsized $450M Offering at $75.00; Cash Now $682.8M
  • Disc Medicine Finalizes Upsized $450M Offering at $75.00 a Share
  • Disc Medicine Upsizes Offering to $450M at $75 a Share, a Discount to Monday's Close
  • Disc Medicine Files $350M Offering Terms After APOLLO Phase 3 Win
  • Disc Medicine Raising $350M in Stock Days After Landmark Phase 3 Win

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
-$212.18M
Diluted EPS
-$6.01
Op. Cash Flow
-$180.39M
Free Cash Flow
-$181.33M
Operating Income
-$236.02M
Cash & Equivalents
$91.14M
Total Debt
$29.16M
Debt / Equity
0.04×
Shares Outstanding
37.89M sh
Source: 10-K · filed 2026-02-26 · accession 0001193125-26-073602

Short Interest & Short Volume

10.63 days to cover

FINRA reported short interest of 7,457,523 shares in IRON as of the October 15, 2026 settlement, a 2.6% increase from the prior period — about 10.6 days to cover at its recent average daily volume. On October 29, 2026, 44.4% of IRON volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)7,457,523 shares as of October 15, 2026
Change vs prior period▲ 2.6%
Days to cover10.63 at avg daily volume of 701,301
Daily short volume (FINRA facilities)44.4% of 220,158 shares on October 29, 2026
5-day average short volume43.8%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for IRON, detected from its recent SEC filings · based on capital-structure filings through 2026-10-21.

1 recent capital raise

Upsized $450M Offering Priced · Net Proceeds and Fees

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

Browse all tickers starting with I →
$80.71 -2.57% today
52-week range · as of 2026-10-22 $40 – $99.5
Market cap
$3.58B
Volume
161.5K (0.1× avg)
3-mo avg 1.2M
Live data · 2026-10-30 17:23 UTC · Market open

show_chartPrice Chart

Loading chart...

feed IRON - Latest Insights

IRON
Oct 22, 2026, 5:11 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $81.74
Real-time Price: $80.71 info
Change: -$1.03 (-1%) info
Market Cap: $3.583B info
IRON
Oct 21, 2026, 5:21 PM EDT
Filing Type: 424B5
Importance Score:
8
Price at Filing: $76.10
Real-time Price: $80.71 info
Change: +$4.61 (+6%) info
Market Cap: $3.583B info
IRON
Oct 20, 2026, 8:53 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $78.65
Real-time Price: $80.71 info
Change: +$2.06 (+3%) info
Market Cap: $3.583B info
IRON
Oct 19, 2026, 5:42 PM EDT
Filing Type: 424B5
Importance Score:
8
Price at Filing: $76.55
Real-time Price: $80.71 info
Change: +$4.16 (+5%) info
Market Cap: $3.583B info
IRON
Oct 19, 2026, 4:01 PM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $78.00
Real-time Price: $80.71 info
Change: +$2.71 (+3%) info
Market Cap: $3.583B info
IRON
Oct 19, 2026, 11:28 AM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $79.26
Real-time Price: $80.71 info
Change: +$1.45 (+2%) info
Market Cap: $3.583B info
IRON
Oct 19, 2026, 7:00 AM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $71.60
Real-time Price: $80.71 info
Change: +$9.11 (+13%) info
Market Cap: $3.583B info
IRON
Sep 10, 2026, 8:48 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $78.20
Real-time Price: $80.71 info
Change: +$2.51 (+3%) info
Market Cap: $3.583B info
IRON
Jul 30, 2026, 8:34 AM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $73.99
Real-time Price: $80.71 info
Change: +$6.72 (+9%) info
Market Cap: $3.583B info
IRON
Jul 30, 2026, 8:32 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $73.99
Real-time Price: $80.71 info
Change: +$6.72 (+9%) info
Market Cap: $3.583B info
IRON
Jul 30, 2026, 8:32 AM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $73.99
Real-time Price: $80.71 info
Change: +$6.72 (+9%) info
Market Cap: $3.583B info
IRON
Jun 30, 2026, 4:16 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $73.14
Real-time Price: $80.71 info
Change: +$7.57 (+10%) info
Market Cap: $3.583B info
IRON
Jun 01, 2026, 8:30 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $69.56
Real-time Price: $80.71 info
Change: +$11.15 (+16%) info
Market Cap: $3.583B info
IRON
May 05, 2026, 8:33 AM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $67.70
Real-time Price: $80.71 info
Change: +$13.01 (+19%) info
Market Cap: $3.583B info
IRON
May 05, 2026, 8:32 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $67.70
Real-time Price: $80.71 info
Change: +$13.01 (+19%) info
Market Cap: $3.583B info
IRON
Apr 28, 2026, 5:02 PM EDT
Filing Type: DEF 14A
Importance Score:
7
Price at Filing: $67.26
Real-time Price: $80.71 info
Change: +$13.45 (+20%) info
Market Cap: $3.583B info
IRON
Feb 27, 2026, 5:15 PM EST
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $66.62
Real-time Price: $80.71 info
Change: +$14.09 (+21%) info
Market Cap: $3.583B info
IRON
Feb 27, 2026, 4:31 PM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $66.62
Real-time Price: $80.71 info
Change: +$14.09 (+21%) info
Market Cap: $3.583B info
IRON
Feb 26, 2026, 8:36 AM EST
Filing Type: 10-K
Importance Score:
8
Price at Filing: $66.80
Real-time Price: $80.71 info
Change: +$13.91 (+21%) info
Market Cap: $3.583B info
IRON
Feb 26, 2026, 8:32 AM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $66.80
Real-time Price: $80.71 info
Change: +$13.91 (+21%) info
Market Cap: $3.583B info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets