Rahul Khara Sells Shares of Disc Medicine, Inc. $IRON
Key Points
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Rahul Khara, Chief Legal Officer at Disc Medicine, Inc. ($IRON), sold 1,649 shares at an average price of $75, for a total transaction of $123,675. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Disc Medicine, Inc. Stock Down 8.6%
Shares of Disc Medicine, Inc. ($IRON) traded around $73.14 on Wednesday, down 8.6% for the day.
Disc Medicine, Inc. Earnings
Analysts Set New Price Targets
About Disc Medicine, Inc.
Disc Medicine, Inc., together with its subsidiaries, a clinical-stage biopharmaceutical company, engages in the discovery, development, and commercialization of novel treatments for patients suffering from serious hematologic diseases in the United States. The company has assembled a portfolio of clinical and preclinical product candidates that aim to modify fundamental biological pathways associated with the formation and function of red blood cells, primarily heme biosynthesis and iron homeostasis. Its pipeline includes bitopertin for the treatment of erythropoietic porphyrias, including erythropoietic protoporphyria, X-linked protoporphyria, and diamond-blackfan anemia; DISC-0974 for the treatment of anemia of myelofibrosis, and anemia of chronic kidney disease; and DISC-3405 for the treatment of polycythemia vera, and other hematologic disorders. It also develops preclinical programs include DISC-0998, for the treatment of anemia associated with inflammatory diseases. The company was founded in 2017 and is headquartered in Watertown, Massachusetts.
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