SurvivorHealthcare

What Happened to Disc Medicine?

Ticker: IRONSPAC Year: 2020

Return

+491.1%

Current Price

$59.11

Peak Price

$572.55

Trust Size

$807M

Summary

Disc Medicine is a clinical-stage biopharmaceutical company focused on discovering and developing novel treatments for serious hematologic diseases including rare blood disorders.

What Happened

Disc Medicine became publicly traded through a reverse merger with Gemini Therapeutics in 2022. Gemini had originally gone public via a SPAC merger with FS Development Corp (sponsored by Foresite Capital) in February 2021. After Gemini's drug candidates failed, Disc Medicine used the reverse merger to gain a public listing for its hematology pipeline, which includes treatments for erythropoietic porphyria and other rare blood disorders. The stock has performed well on clinical trial progress.

Timeline

2020-08-07

S-1 Registration Filed