earnings
confidence high
sentiment positive
materiality 0.80
Disc Medicine: 2024 net loss $109.4M, bitopertin NDA on track H2 2025 via accelerated approval
Disc Medicine, Inc.
2024-FY EPS reported
-$3.96
- Full-year 2024 net loss $109.4M vs $76.4M in 2023; R&D expenses rose to $96.7M.
- Cash $489.9M at year-end; plus $243.3M net from Jan 2025 offering, funds operations into 2028.
- Bitopertin: FDA path to accelerated approval for EPP; NDA submission planned H2 2025.
- DISC-0974: Phase 2 MF anemia trial initiated; initial data expected H2 2025.
- DISC-3405: Phase 2 in polycythemia vera expected H1 2025; Phase 1 showed proof-of-mechanism.