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Announced

Completed

Disc Medicine completed the merger with Gemini in a $175m deal.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Private

Single Bidder

Majority

Domestic

Pharmaceuticals

medicine company

clinical stage pharmaceuticals

United States

Merger

Completed

Synopsis

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Disc Medicine, a privately-held, clinical-stage biopharmaceutical company, completed the merger with Gemini, a clinical-stage precision medicine company, in a $175m deal. “The completion of this merger and concurrent financing marks a transformative moment in Disc’s growth and ensures we are well-positioned to advance our portfolio of innovative, potentially first-in-class therapeutic candidates through key development milestones. We’re excited to enter the new year with multiple programs already in the clinic, a robust development pipeline and the financial strength from this merger. We look forward to maintaining this momentum and reporting on interim data read-outs from several patient studies in 2023,” John Quisel, Disc CEO and President.

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