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