Disc Medicine

Disc Medicine

Hematology and dedicated to patients. Learn more

Launch date
Employees
Market cap
€1.3b
Enterprise valuation
€847m (Public information from Sep 2024)
Cambridge Massachusetts (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues------3.0m
EBITDA(33.7m)(25.9m)(47.5m)(91.0m)(132m)(164m)(177m)
% EBITDA margin------(5947 %)
Profit(40.8m)(36.0m)(46.8m)(76.4m)(115m)(149m)(186m)
% profit margin------(6245 %)
EV / revenue------404.3x
EV / EBITDA---3.0x-11.4x-8.7x-7.0x-6.8x
R&D budget28.2m25.2m33.4m69.3m---
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Recent News about Disc Medicine

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More about Disc Medicineinfo icon
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Disc Medicine is a biotechnology company focused on discovering and developing innovative therapeutic candidates for serious and debilitating hematologic diseases. Operating in the biotechnology and pharmaceutical market, Disc Medicine serves patients suffering from blood disorders, aiming to address unmet medical needs through cutting-edge research and development. The company's business model revolves around the identification and development of novel drug candidates, which are then advanced through clinical trials. Revenue is generated through strategic partnerships, licensing agreements, and potential future sales of approved therapies. Disc Medicine's approach includes leveraging proprietary technologies and collaborating with leading research institutions to accelerate the development of its therapeutic pipeline. The company recently entered into an exclusive agreement with AbbVie for a series of Hemojuvelin Antagonist Monoclonal Antibodies, showcasing its commitment to expanding its pipeline and bringing new treatments to market.

Keywords: biotechnology, hematologic diseases, therapeutic candidates, drug development, clinical trials, strategic partnerships, licensing agreements, proprietary technologies, research institutions, Hemojuvelin Antagonist.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.