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WHO reports over 5,400 new COVID-19 deaths globally as total nears 260,000




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Coronavirus crisis is moving global life online

Millions of people worldwide are having to embrace life under lockdown -- confined to their own four walls or neighbourhoods for weeks on end as countries battle to reduce the spread of the coronavirus.




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A horrifying `globalThis` polyfill in universal JavaScript

The globalThis proposal introduces a unified mechanism to access the so-called “global object” a.k.a. “the global” in any JavaScript environment. It sounds like a simple thing to polyfill, but it turns out it’s pretty hard to get right.




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Razorpay continues to hire, aims to build fintech solutions to counter this global crisis




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India set to cover the globe with exports of masks

‘Demand goes viral in the backdrop of COVID-19 pandemic




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Golden Globes makes temporary changes to foreign language film eligibility rules




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Ligand pathways in neuroglobin revealed by low-temperature photodissociation and docking experiments

A combined biophysical approach was applied to map gas-docking sites within murine neuroglobin (Ngb), revealing snapshots of events that might govern activity and dynamics in this unique hexacoordinate globin, which is most likely to be involved in gas-sensing in the central nervous system and for which a precise mechanism of action remains to be elucidated. The application of UV–visible microspectroscopy in crystallo, solution X-ray absorption near-edge spectroscopy and X-ray diffraction experiments at 15–40 K provided the structural characterization of an Ngb photolytic intermediate by cryo-trapping and allowed direct observation of the relocation of carbon monoxide within the distal heme pocket after photodissociation. Moreover, X-ray diffraction at 100 K under a high pressure of dioxygen, a physiological ligand of Ngb, unravelled the existence of a storage site for O2 in Ngb which coincides with Xe-III, a previously described docking site for xenon or krypton. Notably, no other secondary sites were observed under our experimental conditions.




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The crystal structure of haemoglobin from Atlantic cod

The crystal structure of haemoglobin from Atlantic cod has been solved to 2.54 Å resolution. The structure consists of two tetramers in the crystallographic asymmetric unit. The structure of haemoglobin obtained from one individual cod suggests polymorphism in the tetrameric assembly.




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Fossils Show Prehistoric Global Warming

For those who think that global warming is a 21st-century phenomenon, Scott Wing, a scientist at the Smithsonian’s National Museum of Natural History, has news about the past.

The post Fossils Show Prehistoric Global Warming appeared first on Smithsonian Insider.




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Will global warming be hell on the hellbender? Smithsonian study aims to find out.

Now, a new study of hellbenders by scientists at the Smithsonian Conservation Biology Institute will place these amphibians at the center of the conservation of Appalachian salamanders.

The post Will global warming be hell on the hellbender? Smithsonian study aims to find out. appeared first on Smithsonian Insider.




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SERC sedge grass experiment mimics predicted global-change scenario

Ecologists at the Smithsonian Environmental Research Center measure the growth rate of sedge grass in a brackish Chesapeake Bay marsh. Fed a diet rich in […]

The post SERC sedge grass experiment mimics predicted global-change scenario appeared first on Smithsonian Insider.




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Smithsonian launches Global Marine Biodiversity Project with $10 million donation

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.




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Non-insect invertebrates are focus of new global genome-sequencing alliance

For scientists who study non-insect invertebrates, the sheer diversity of these odd and fascinating creatures is both intoxicating and daunting. Occupying niches in habitats the […]

The post Non-insect invertebrates are focus of new global genome-sequencing alliance appeared first on Smithsonian Insider.




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Asteroid diversity = “snow globe” Solar System

Our solar system seems like a neat and orderly place, with small, rocky worlds near the Sun and big, gaseous worlds farther out, all eight […]

The post Asteroid diversity = “snow globe” Solar System appeared first on Smithsonian Insider.




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Global warming will open Arctic to invasive species, Smithsonian scientists say

For the first time in roughly 2 million years, melting Arctic sea ice is connecting the north Pacific and north Atlantic oceans. The newly opened […]

The post Global warming will open Arctic to invasive species, Smithsonian scientists say appeared first on Smithsonian Insider.




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Parasitic flatworms flout global biodiversity patterns

The odds of being attacked and castrated by a variety of parasitic flatworms increases for marine horn snails the farther they are found from the […]

The post Parasitic flatworms flout global biodiversity patterns appeared first on Smithsonian Insider.




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Globular Clusters Could Nurture Interstellar Civilizations

Globular star clusters are extraordinary in almost every way. They’re densely packed, holding a million stars in a ball only about 100 light-years across on […]

The post Globular Clusters Could Nurture Interstellar Civilizations appeared first on Smithsonian Insider.




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In face of mass extinctions, Smithsonian’s Global Genome Initiative quietly saves world’s DNA

It is rare but not entirely uncommon to see a manatee swimming in the Atlantic waters of Maryland and Virginia. This one was dead, however, […]

The post In face of mass extinctions, Smithsonian’s Global Genome Initiative quietly saves world’s DNA appeared first on Smithsonian Insider.




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A Planet in Peril: Q&A with Suzan Murray of the Smithsonian Global Health Program

With roughly 5,500 individuals remaining in the wild, the black rhino population is critically endangered. To help save these iconic African giants, at risk for […]

The post A Planet in Peril: Q&A with Suzan Murray of the Smithsonian Global Health Program appeared first on Smithsonian Insider.




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Tsunami reveals drifting ocean plastic opens globe to invasive castaways

Plastic debris floating in the ocean has become a powerful new passport to far-away destinations for a wide variety of invasive species, according to new […]

The post Tsunami reveals drifting ocean plastic opens globe to invasive castaways appeared first on Smithsonian Insider.




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Earth’s oceans are losing their breath. Here’s the global scope

In the past 50 years, the amount of water in the open ocean with zero oxygen has increased more than fourfold. In coastal water bodies, […]

The post Earth’s oceans are losing their breath. Here’s the global scope appeared first on Smithsonian Insider.




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New book reveals tidal freshwater wetlands are on frontlines of global change

Tidal Freshwater Wetlands focuses on wetlands found in North America and Europe near the mouths of rivers that flow into estuaries like the Chesapeake Bay.

The post New book reveals tidal freshwater wetlands are on frontlines of global change appeared first on Smithsonian Insider.




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Battle against invasive marine species comes up short as global shipping surges

In the battle against invasive species, giant commercial ships are on the front lines. But even when they follow the rules, one of their best […]

The post Battle against invasive marine species comes up short as global shipping surges appeared first on Smithsonian Insider.




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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

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.




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Plant diversity in tropical forests increased during ancient global warming event

Nearly 60 million years ago rainforests prospered at temperatures that were 3-5 degrees higher and at atmospheric carbon dioxide levels 2.5 times today’s levels.

The post Plant diversity in tropical forests increased during ancient global warming event appeared first on Smithsonian Insider.





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Global forest science research center moves from Harvard to the National Museum of Natural History, Washington, D.C.

The move enhances coordination efforts for the 46-plot research network, which partners with more than 75 institutions in 21 countries.

The post Global forest science research center moves from Harvard to the National Museum of Natural History, Washington, D.C. appeared first on Smithsonian Insider.




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Mosses have strong potential to acclimate to global warming, study indicates

They’ve got no roots or veins and grow in hanging pendants or tightly packed mats attached to stones, soil and wood. Called by some “the […]

The post Mosses have strong potential to acclimate to global warming, study indicates appeared first on Smithsonian Insider.




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University of Michigan forest preserve joins Smithsonian global network

A 57-acre research plot at a University of Michigan forest preserve northwest of Ann Arbor has been added to a Smithsonian Institution global network used […]

The post University of Michigan forest preserve joins Smithsonian global network appeared first on Smithsonian Insider.




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Major El Nino Perfect opportunity for Global Change Research

This year’s El Niño event is one of the strongest on record and is still ramping up. Large parts of the tropics are turning into […]

The post Major El Nino Perfect opportunity for Global Change Research appeared first on Smithsonian Insider.





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The Open Banking Report 2019 - Insights into the Global Open Banking Landscape

The Open Banking Report 2019 clarifies the role of key key-players in a post-September 14th world and assesses how the landscape has shifted within Europe and beyond.




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Open Banking - Global State of Play White Paper

Individual white paper containing all the latest updates to the Open Banking Global State of Play. Research conducted by The Paypers and Innopay




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HID Global completes acquisition of De La Rue's identity business

(The Paypers) HID Global, an identity solutions company, has completed the acquisition of the...




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Stemline Shares Take Off on $677 Million Buyout Offer by Global Pharmaceutical Firm

Source: Streetwise Reports   05/04/2020

Shares of Stemline Therapeutics traded 150% higher after the company reported that it has entered into a definitive agreement to be acquired by Italy's Menarini Group in a deal valued at up to $677 million.

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%).

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Disclosure:
1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.
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( Companies Mentioned: STML:NASDAQ, )




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The Paypers, Innopay release white paper on the global state of play in Open Banking

The Paypers and Netherlands-based financial consultancy firm Innopay have released a



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Statement of the Council of the NAS Regarding Global Change Petition

The Council of the National Academy of Sciences (NAS) is concerned about the confusion caused by a petition being circulated via a letter from a former president of this Academy.




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Future Pandemics Pose Massive Risks to Human Lives, Global Economic Security

Infectious disease outbreaks that turn into epidemics or pandemics can kill millions of people and cause trillions of dollars of damage to economic activity, says a new report from the international, independent Commission on a Global Health Risk Framework for the Future.