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Disc Medicine, Inc. - IRON STOCK NEWS

Welcome to our dedicated page for Disc Medicine news (Ticker: IRON), a resource for investors and traders seeking the latest updates and insights on Disc Medicine stock.

Disc Medicine, Inc. (NASDAQ: IRON) is a clinical-stage biopharmaceutical company dedicated to revolutionizing the treatment of hematologic diseases through innovative therapies. The company is primarily focused on manipulating the hepcidin pathway, which is the master regulator of iron metabolism, to address ineffective red blood cell production in various hematologic conditions. By leveraging new insights into hepcidin biology, Disc Medicine strives to bring hope and improved quality of life to patients who suffer from serious blood disorders.

Disc Medicine is currently advancing several first-in-class therapeutic candidates that target fundamental red blood cell biology pathways, including heme biosynthesis and iron homeostasis. Among its leading candidates is DISC-0974, an investigational monoclonal antibody designed to suppress hepcidin production by inhibiting the hemojuvelin (HJV) co-receptor. This novel treatment has shown promising results in reducing serum hepcidin and increasing serum iron levels, leading to improvements in hemoglobin and reduced transfusion burdens in myelofibrosis (MF) patients with anemia.

The company also boasts bitopertin, an orally administered GlyT1 inhibitor that modulates heme biosynthesis. Bitopertin has demonstrated significant efficacy in reducing PPIX levels and improving sunlight tolerance in patients with erythropoietic protoporphyria (EPP) during the phase 2 BEACON study. Disc Medicine is actively working on further trials to solidify these findings and expand its therapeutic applications.

On the financial front, Disc Medicine is well-supported by a robust pipeline of both clinical and preclinical candidates aimed at transforming the landscape of hematologic treatments. Recently, the company presented compelling data at the 65th American Society of Hematology (ASH) Annual Meeting, showcasing the potential of its portfolio. Their commitment to advancing these therapies is evident from their ongoing and upcoming clinical trials, including the phase 1b/2a study of DISC-0974 in chronic kidney disease (CKD) patients with anemia and the phase 1 study of DISC-3405 in healthy volunteers.

Disc Medicine continues to foster strategic partnerships and collaborations to accelerate the development and commercialization of its products. The company's vision is to address unmet medical needs in hematology and deliver innovative therapies that can change the standard of care for patients globally.

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Disc Medicine (NASDAQ:IRON), a clinical-stage biopharmaceutical firm, will present at the Jefferies Global Healthcare Conference on June 6th at 1:00 pm ET. The company focuses on developing treatments for serious hematologic diseases. A live webcast and an archived replay of the presentation will be accessible on the company's investor relations webpage.

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Disc Medicine, a clinical-stage biopharmaceutical company, will present data from its hematology portfolio at the European Hematology Association (EHA) 2024 Congress in Madrid from June 13-16, 2024.

Key presentations include:

- AURORA trial: Phase 2, double-blind study of Bitopertin in erythropoietic protoporphyria.

- BEACON trial: Phase 2, open-label study of Bitopertin in erythropoietic protoporphyria.

- Phase 1b study: DISC-0974 in myelofibrosis patients with anemia, featuring a larger dataset and longer follow-up.

- Phase 1 study: Initial safety and pharmacodynamic data on DISC-3405 in healthy volunteers.

Management will discuss the data on June 14th at 8:00 am ET. Full abstracts are available on the EHA conference website.

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Disc Medicine, a clinical-stage biopharmaceutical company, will participate in the H.C. Wainwright BioConnect Investor Conference on May 20th. The company focuses on developing treatments for hematologic diseases. The event will feature a fireside chat available via live webcast and archived replay on the company's website.

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Disc Medicine, Inc. (NASDAQ:IRON) reported its financial results for Q1 2024, ending with $343M in cash. The AURORA trial showed positive results for bitopertin in EPP patients, reducing toxic PPIX levels and improving quality of life. The company plans to present more data from BEACON and AURORA in Q2 2024, with positive regulatory interactions expected in the second half of the year. DISC-0974 and DISC-3405 also show promising results with upcoming data releases.

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Disc Medicine, Inc. (NASDAQ: IRON) announced positive topline data from the AURORA phase 2 study of bitopertin in patients with EPP. The study demonstrated dose-dependent reductions in PPIX, improvements in light tolerance, and reductions in phototoxic reactions with pain. Bitopertin showed statistical significance at the 60 mg dose group compared to placebo on various endpoints. Despite strong performance, the cumulative time in sunlight on days without pain did not meet statistical significance due to placebo response.
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Disc Medicine, Inc. (NASDAQ:IRON) reported positive results from the AURORA phase 2 study of bitopertin in erythropoietic porphyrias (EPP) and provided updates on DISC-0974 and DISC-3405 programs. The company strengthened its leadership team and ended 2023 with approximately $360M in cash. Key financial data for 2023 showed an increase in cash position, higher R&D and G&A expenses, and a net loss of $76.4 million.
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Disc Medicine, Inc. (NASDAQ:IRON) to participate in a fireside chat at Leerink Partners Global Biopharma Conference 2024, showcasing their focus on novel treatments for hematologic diseases.
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Disc Medicine, Inc. appoints Pamela Stephenson as Chief Commercial Officer, bringing over 25 years of biopharma commercial leadership experience to lead global commercialization efforts for novel hematologic treatments. Ms. Stephenson's track record includes successful global launches for rare disease therapies, positioning Disc for growth and late-stage development.
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Disc Medicine, Inc. (NASDAQ:IRON) receives Fast Track Designation from the FDA for DISC-0974 in the treatment of NDD-CKD patients with anemia, showcasing potential for addressing unmet medical needs.
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Disc Medicine, Inc. (NASDAQ:IRON) receives Orphan Drug Designation from the FDA for DISC-3405 in treating polycythemia vera, a rare hematologic disease. The designation signifies potential benefits and support for the ongoing Phase 1 trial.
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FAQ

What is the current stock price of Disc Medicine (IRON)?

The current stock price of Disc Medicine (IRON) is $58.17 as of November 4, 2024.

What is the market cap of Disc Medicine (IRON)?

The market cap of Disc Medicine (IRON) is approximately 1.7B.

What is Disc Medicine, Inc. focused on?

Disc Medicine, Inc. is focused on discovering, developing, and commercializing novel treatments for serious hematologic diseases by targeting fundamental pathways of red blood cell biology.

What is DISC-0974?

DISC-0974 is an investigational monoclonal antibody designed to suppress hepcidin production and increase serum iron levels in patients suffering from anemia of inflammation.

What are the recent achievements of Disc Medicine?

Recently, Disc Medicine presented promising data on DISC-0974 and bitopertin at the 65th American Society of Hematology (ASH) Annual Meeting, indicating significant progress in their clinical trials.

What is bitopertin?

Bitopertin is an orally administered GlyT1 inhibitor designed to modulate heme biosynthesis, currently in phase 2 trials for treating erythropoietic protoporphyria (EPP).

What are the main research areas of Disc Medicine?

Disc Medicine focuses on heme biosynthesis and iron homeostasis pathways to develop treatments for a wide range of hematologic diseases.

Who are the targeted patients for DISC-0974?

DISC-0974 targets patients with myelofibrosis (MF) and severe anemia, including those dependent on blood transfusions.

What does the phase 1b/2a study of DISC-0974 involve?

The phase 1b/2a study of DISC-0974 involves enrolling patients with MF and severe anemia to assess safety, tolerability, and markers of iron regulation and hematologic parameters.

How does Disc Medicine plan to advance its therapies?

Disc Medicine plans to advance its therapies through ongoing and upcoming clinical trials, strategic partnerships, and collaborations to accelerate development and commercialization.

What is the significance of hepcidin in hematologic diseases?

Hepcidin is the master regulator of iron metabolism and plays a crucial role in anemia of inflammation, making it a significant target for therapeutic intervention in hematologic diseases.

How can I get more information about Disc Medicine's updates?

You can visit Disc Medicine's website at www.discmedicine.com for the latest updates and detailed information about their ongoing projects and clinical trials.

Disc Medicine, Inc.

Nasdaq:IRON

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Biotechnology
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