Biopharma firm Disc Medicine's Q3 net loss widens

Reuters11-06
Biopharma firm <a href="https://laohu8.com/S/IRON">Disc Medicine</a>'s Q3 net loss widens

Overview

  • Disc Medicine Q3 net loss and EPS miss analyst expectations

  • Company submitted NDA for bitopertin, received priority review voucher

  • Disc Medicine's cash position extends runway into 2029 after public offering

Outlook

  • Disc Medicine expects potential US approval of bitopertin in late 2025 or early 2026

Result Drivers

  • R&D expenses were $50.3 million for the three months ended September 30, 2025, as compared to $24.7 million for the three months ended September 30, 2024

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Net Income

Miss

-$62.32 mln

-$52.10 mln (8 Analysts)

Q3 Basic EPS

Miss

-$1.77

-$1.51 (11 Analysts)

Q3 Operating Income

Miss

-$67.70 mln

-$55.50 mln (8 Analysts)

Q3 Operating Expenses

$67.70 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the biotechnology & medical research peer group is "buy"

  • Wall Street's median 12-month price target for Disc Medicine Inc is $115.00, about 23.2% above its November 5 closing price of $88.31

Press Release: ID:nGNX1dfLSD

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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