The number of novel coronavirus cases recorded worldwide surpassed four million on Saturday, according to an AFP tally based on official sources, as o

Fossil believed to show squid-like creature attacking fish 200 million years ago  Aberdeen Evening Express

Instrumentation for time-resolved small-angle neutron scattering measurements with sub-millisecond time resolution, based on Gähler's TISANE (time-involved small-angle neutron experiments) concept, is in operation at NIST's Center for Neutron Research. This implementation of the technique includes novel electronics for synchronizing the neutron pulses from high-speed counter-rotating choppers with a periodic stimulus applied to a sample. Instrumentation details are described along with measurements demonstrating the utility of the technique for elucidating the reorientation dynamics of anisometric magnetic particles.

Instrumentation for sub-millisecond time-resolved small-angle neutron scattering measurements at NIST is described and applied to the reorientation dynamics of elongated hematite nanoparticles.

The fossil teeth of a 15- to 18-million-year-old three-toed browsing horse, Anchitherium clarencei, were recently discovered by scientists from the Smithsonian Tropical Research Institute and the […]

The post Fossil teeth of 15-million-year-old browsing horse found in Panama Canal excavations. appeared first on Smithsonian Insider.

A new Smithsonian study that examines 10 million years of the evolution of tiny coral-like organisms called cupuladriid bryzoans has revealed that some species of this organism lingered on earth for more than one million years after the event that ultimately caused their extinction: the rising of the Isthmus of Panama.

The post Fossils of tiny cupuladriid colonies reveal extinction can lag more than one million years after its cause appeared first on Smithsonian Insider.

The funding will allow the National Science Resources Center to validate its LASER (Leadership Assistance for Science Education Reform) Model. LASER, a systemic approach to reform, is a set of processes and strategies designed to help state, district and school leadership teams effectively implement and sustain
high-quality science education for elementary, middle and secondary school students.

The post NSRC to receive $25 million Investing in Innovation grant from U.S. Department of Education appeared first on Smithsonian Insider.

Using the ancient magnetic field recorded in these rocks, a Smithsonian research group revealed Santa Marta’s 2,200-kilometer journey from northern Peru to its modern position on the Caribbean coast of Colombia during the past 170 million years.

The post Earth’s highest coastal mountain range moved 1,367 miles in 170 million years appeared first on Smithsonian Insider.

Breitburg and her team want to determine just how much stress they cause. Over the next five years they will conduct a series of lab and field experiments that examine how diel-cycling hypoxia and the associated acidification affects the growth and disease rates in striped bass, the eastern oyster and other ecologically and economically important Chesapeake Bay species. They will also study the animals’ behavioral responses to these changes.

The post Smithsonian ecologists to examine “dead zones” in Chesapeake Bay with $1.4 million NOAA grant appeared first on Smithsonian Insider.

“Places of Invention,” a planned 3,500-square-foot exhibition at the National Museum of American History scheduled to open in 2014, will feature a selection of “hot spots” of invention and innovation—places where a critical mass of inventive people, networks, institutions, funding and other resources come together and creativity flourishes.

The post Lemelson Center receives $2.6 million grant for informal science education appeared first on Smithsonian Insider.

Meet Sahelanthropus tchadensis. This newly unveiled bust by artist John Gurche is now on view in the the Hall of Human Origins at the Smithsonian's National Museum of Natural History.

The post Artist’s recreation of 7- to 6-million-year-old early human unveiled in Hall of Human Origins appeared first on Smithsonian Insider.

Astronomers have just discovered an amazing pair of white dwarfs whirling around each other once every 39 minutes. This is the shortest-period pair of white dwarfs now known. Moreover, in a few million years they will collide and merge to create a single star.

The post Two dying stars to be reborn as one…in a few million years appeared first on Smithsonian Insider.

Gray whales survived many cycles of global cooling and warming over the past few million years, likely by exploiting a more varied diet than they do today, according to a new study by University of California, Berkeley, and Smithsonian Institution paleontologists.

The post Varied diet has allowed gray whales to survive millions of years, study reveals appeared first on Smithsonian Insider.

Astronomers using NASA's Chandra X-ray Observatory discovered the first pair of supermassive black holes in a spiral galaxy similar to the Milky Way. Approximately 160 million light years from Earth, the pair is the nearest known such phenomenon.

The post Newly discovered supermassive black holes are just 160 million light years from Earth appeared first on Smithsonian Insider.

An excavation at a site in South Africa has unearthed the 190-million-year-old dinosaur nesting site of the prosauropod dinosaur Massospondylus–revealing significant clues about the evolution of complex reproductive behavior in early dinosaurs.

The post 190-million-year-old dinosaur nesting site discovered in South Africa appeared first on Smithsonian Insider.

Smithsonian Secretary Wayne Clough, left, talks with Carlos Jaramillo, scientist at the Smithsonian Tropical Research Institute in Panama, at a research site near the Panama […]

The post Wayne Clough & Carlos Jaramillo, at a research site near the Panama Canal. appeared first on Smithsonian Insider.

The fastest wind ever discovered blowing off a disk around a stellar-mass black hole has been observed by a team of astronomers using NASA’s Chandra X-ray Observatory.

The post Chandra X-ray Observatory clocks stellar wind at 20 million mph appeared first on Smithsonian Insider.

Jeholopsyche liaoningensis is a new genus and species of flying insect from northeastern China, recently revealed in two new fossil specimens.

The post Meet the 125-million-year-old pollinator “Jeholopsyche liaoningensis” appeared first on Smithsonian Insider.

An international team of scientists has discovered an ‘ordinary’ black hole in the galaxy Centaurus A. This is the first time that a normal-size black hole has been detected away from the immediate vicinity of our own Galaxy.

The post “Ordinary” black hole discovered in a galaxy 12-million-light-years away appeared first on Smithsonian Insider.

The National Museum of Natural History will construct a new dinosaur exhibition hall made possible by a $35 million donation from David H. Koch, executive vice president of Koch Industries and philanthropist.

The post $35-million donation will build new dinosaur hall at National Museum of Natural History appeared first on Smithsonian Insider.

Scientists have discovered several specimens of tiny insects covered with pollen grains in two pieces of amber, revealing the first record of pollen transport and social behavior in this group of animals.

The post First ever record of insect pollination captured in 100 million-year-old amber appeared first on Smithsonian Insider.

Scientists have discovered an incredible story of fungal fidelity among certain species of ants.

The post Fungal fidelity: some ants have been eating the same meal for 5 million years! appeared first on Smithsonian Insider.

The goal of the project—the Smithsonian’s Tennenbaum Marine Observatories—is to monitor the ocean’s coastal ecosystems over a long period of time.

The post Smithsonian launches Global Marine Biodiversity Project with $10 million donation appeared first on Smithsonian Insider.

Found in well preserved shale deposits the fossils are so detailed that scientists were able to determine they represent two previously unknown species.

The post Discovery of new prehistoric mosquitoes reveal these blood-suckers have changed little in 46 million years appeared first on Smithsonian Insider.

Unique among Earth’s creatures, turtles are the only animals to form a shell on the outside of their bodies through a fusion of modified ribs, […]

The post Discovery: Turtle shells appeared 40 million years earlier than previously believed appeared first on Smithsonian Insider.

The Smithsonian’s National Air and Space Museum announced that it will receive a $6 million donation from the Thomas W. Haas Foundation to establish an […]

The post Air and Space Museum receives $6 million donation for Public Observatory Program appeared first on Smithsonian Insider.

Sometime during the Middle Eocene a prehistoric mosquito slurped down a final blood meal then died and sank to the bottom of a pond in […]

The post Blood molecules preserved for millions of years in abdomen of fossil mosquito appeared first on Smithsonian Insider.

Ten years ago, eight antennas on the summit of Mauna Kea, Hawai’i, united to form a telescope unlike any other. Since then the Submillimeter Array […]

The post The Submillimeter Array: Celebrating a decade of discovery appeared first on Smithsonian Insider.

She was a stunning brown queen; drowned some 46 million years ago in a shallow lake in Montana. Her remains, recently recovered along the Flathead […]

The post New Montana ant species emerge from 46-million-year-old rock appeared first on Smithsonian Insider.

New fossils found in Northeastern China have revealed a remarkable evolutionary coincidence: an extinct group of insects known as Kalligrammatid lacewings (Order Neuroptera) share an […]

The post Remarkable butterfly look-alike lived 50 million years before butterflies appeared appeared first on Smithsonian Insider.

Remember the scene in Moonraker where Robert Kiel, as the steel-toothed character Jaws, bites through a tram cable that sends Roger Moore’s James Bond sprawling? […]

The post Smithsonian Discovery: 46-million-year-old beetle had zinc jaws appeared first on Smithsonian Insider.

Because there is no polite way to ask a mite to sit still for its portrait, Gary Bauchan often gives his tiny subjects a shot […]

The post Enjoy Face Time with Seven of Earth’s 3-5 Million Mite Species appeared first on Smithsonian Insider.

The center of the Milky Way galaxy is currently a quiet place where a supermassive black hole slumbers, only occasionally slurping small sips of hydrogen […]

The post The Milky Way’s blowout bash 6 million years ago! appeared first on Smithsonian Insider.

Very early on, cockroach moms found out maternal care gave their offspring a better chance at survival. The cockroach parenting method—which includes feeding, guarding and […]

The post Helicopter cockroach moms have protected their young for millions of years appeared first on Smithsonian Insider.

A mysterious cycle of booms and busts in marine biodiversity over the past 500 million years could be tied to a periodic uplifting of the world's continents, scientists report

The post Boom and bust cycle of marine biodiversity every 60 million years linked to uplifting of continents appeared first on Smithsonian Insider.

Paleoecologist Conrad Labandeira travels to the Karoo Basin of South Africa to find leaf fossils from the Permian-Triassic boundary, the time of the Earth's largest mass extinction. What can bug bites on leaves tell us about our own uncertain times?

The post Video: On the hunt for 251-million-year-old insects in South Africa appeared first on Smithsonian Insider.

The Encyclopedia of Life is an unprecedented global effort to document all 1.8 million named species of animals, plants and other forms of life on Earth. For the first time in the history of the planet, scientists, students, and citizens will have multi-media access to all known living species, even those that have just been discovered. The Field Museum of Natural History, Harvard University, Marine Biological Laboratory, Smithsonian Institution, and Biodiversity Heritage Library joined together to initiate the project, bringing together species and software experts from across the world. Lean more at www.eol.org

The post The Encyclopedia of Life is a global effort to document all 1.8 million named species of animals, plants and other life forms on Earth appeared first on Smithsonian Insider.

A 48 million-year-old fossilized leaf has revealed the oldest known evidence of a macabre part of nature – parasites taking control of their hosts to turn them into zombies.

The post Fossil reveals 48-million year history of zombie ants appeared first on Smithsonian Insider.

Exquisitely preserved in fossil sediments dating from the Middle Jurassic, the insect, newly named Juracimbrophlebia ginkgofolia, was discovered in 165 million-year-old deposits, as was the ginko-like tree, Yimaia capituliformis, the mimicked plant.

The post Insect mimic of ginko-like leaf discovered 165 million years after its extinction appeared first on Smithsonian Insider.

Named for Charles Darwin, the only known specimen of a newly discovered beetle, Darwinylus marcosi, died in a sticky battle in a gob of tree […]

The post Beetle and pollen trapped in 105 million-year-old amber reveal fourth major pollination mode in mid-Mesozoic appeared first on Smithsonian Insider.

Camouflage is a valuable survival strategy—just ask a chameleon. Scientists have just discovered a new form of mimicry camouflage: beetles that hide by chewing beetle-shaped […]

The post For millions of years these tiny beetles have chewed their way out of sight appeared first on Smithsonian Insider.

(The Paypers) Menlo Security, a global enterprise cloud security provider, has entered the Australian...

Source: Streetwise Reports   05/04/2020

Stemline Therapeutics Inc. (STML:NASDAQ), which is focused on developing and commercializing novel oncology therapeutics, today announced that it has entered into a definitive agreement to be acquired by private Italian pharmaceutical and diagnostics company Menarini Group in a transaction valued up to $677 million.

The companies advised that the transaction has already been unanimously approved by both companies' Boards of Directors and that the transaction is expected to close in Q2/20 subject to customary closing conditions, regulatory approvals and a tender of at least 50% of the outstanding Stemline shares by shareholders. Menarini stated that it plans to fund the purchase by using existing cash resources.

The firms outlined that purchase details and advised that "under the terms of the agreement, a wholly owned subsidiary of the Menarini Group will commence a tender offer for all outstanding shares of Stemline, whereby Stemline shareholders will be offered a total potential consideration of $12.50 per share, consisting of an upfront payment of $11.50 in cash and one non-tradeable Contingent Value Right (CVR) that will entitle each holder to an additional $1.00 in cash per share upon completion of the first sale of ELZONRIS in any EU5 country after European Commission approval."

The report explained that ELZONRIS is a novel targeted therapy directed to the interleukin-3 (IL-3) receptor-α (CD123) and was developed by Stemline for treatment of blastic plasmacytoid dendritic cell neoplasm (BPDCN) in adult and pediatric patients. The firm stated that the U.S. Food and Drug Administration (FDA) approved that drug in the U.S. in December 2018. A marketing authorization application (MAA) has already been submitted and is presently under review by the European Medicines Agency. Post acquisition, Menarini expects to obtain approvals and expand distribution of ELZONRIS to Europe and emerging markets.

Stemline Therapeutics' Chairman, CEO and Founder Ivan Bergstein, M.D., commented, "Joining Menarini represents a unique opportunity for Stemline to advance the commercialization of ELZONRIS across the globe and to accelerate the development of our pipeline of oncology assets. ...We are excited to be combining with a like-minded organization in Menarini, in a transaction that will deliver immediate and significant cash value to our shareholders, while also allowing our shareholders to participate in the future upside of ELZONRIS's European launch."

Elcin Barker Ergun, CEO of Menarini Group, remarked, "Stemline is an excellent fit for Menarini, enabling us to expand our presence in the U.S. with an established biopharmaceutical company focused on developing oncology therapeutics. Through this acquisition, we will continue to strengthen our portfolio and pipeline of oncology assets and deliver novel therapies around the world."

The company described BPDCN, formerly blastic NK-cell lymphoma, as "an aggressive hematologic malignancy, often with cutaneous manifestations, with historically poor outcomes which typically presents in the bone marrow and/or skin and may also involve lymph nodes and viscera."

Stemline Therapeutics is a commercial-stage biopharmaceutical company headquartered in New York that develops and markets oncology therapeutics. The firm stated that its "ELZONRIS^® (tagraxofusp) is a targeted therapy directed to CD123 and is FDA-approved and commercially available in the U.S. for the treatment of adult and pediatric patients, two years and older, with BPDCN." Stemline noted that ELZONRIS is also being currently being evaluated in clinical studies for other indications including chronic myelomonocytic leukemia, myelofibrosis and acute myeloid leukemia.

The Menarini Group is an international pharmaceutical company based in Italy which operates and sells its products in more than 100 countries. The company stated that it has $4.2 billion in sales annually. The company's medicines address many areas of illnesses including cardiovascular, gastroenterology, metabolic, infectious diseases and anti-inflammatory/analgesic therapeutic areas and oncology.

Stemline Therapeutics began the day with a market capitalization of around $249.2 million with approximately 54.27 million shares outstanding and a short interest of about 11.3%. STML shares opened nearly 150% higher today at $11.81 (+$7.06, +148.63%) over Friday's closing price of $4.75. The stock has traded today between $1.81 and $12.35 per share and is currently trading at $12.10 (+$7.35, +154.74%).

Disclosure:
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( Companies Mentioned: STML:NASDAQ, )

Nearly half of all American adults – 90 million people – have difficulty understanding and using health information, and there is a higher rate of hospitalization and use of emergency services among patients with limited health literacy, says a new report from the Institute of Medicine of the National Academies.

Medication errors are among the most common medical errors, harming at least 1.5 million people every year, says a new report from the Institute of Medicine of the National Academies.

The Gulf Research Program (GRP) of the National Academies of Sciences, Engineering, and Medicine today announced grant awards for seven new projects totaling $5.3 million.