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STEMLINE THERAPEUTICS INC

No Longer Reporting

The company has not filed an annual or quarterly report since its Q1 FY2020 10-Q, filed May 11, 2020. Its latest SEC filing is a SC 13G/A from Feb 12, 2021.

The sections below describe the company as of the FY2019 annual report.

What Did They Do?

Sells ELZONRIS, a targeted cancer therapy, to specialty distributors and an international distributor for hospitals treating patients with BPDCN; develops additional cancer drug candidates.

Who Were Their Customers?

Stemline sells ELZONRIS to a U.S. customer that resells it to specialty distributors, which supply specialty hospitals. An international customer distributes it directly to hospitals in certain countries participating in the early access program.

How Were They Changing?

Since the FY2019 annual report
Latest quarter: Q1 FY2020, the three months to Mar 31, 2020
Revenue
▲ +76%
vs $5M in Q1 FY2019
Net income
▼ −22% (Loss)
vs −$27.4M in Q1 FY2019
  • Jun 10, 2020 Menarini acquired control of Stemline, which was delisted from Nasdaq. The merger changed control, and Stemline's shares were delisted from Nasdaq.
  • May 4, 2020 Stemline agreed to be acquired by Berlin-Chemie. The offer included $11.50 per share in cash and a contingent value right for a possible $1.00 milestone payment.

From clinical development to commercial sales The earlier report described Stemline as a clinical-stage company developing a targeted therapy and other candidates, with commercialization still potential. The latest report describes an FDA-approved, commercially available product and a commercial-stage company.

Who Did They Compete With?

Competes with Verastem, OncoMed Pharmaceuticals, Sumitomo Dainippon Pharma, Bionomics, Stemcentrx, Astellas Pharma US, Boehringer Ingelheim, Geron, GlaxoSmithKline, Ignyta, Macrogenics, Micromet, Pfizer, Roche Holding, Sanofi U.S., AbbVie, Amgen, Celgene, Cellectis, and Cyclacel Pharmaceuticals

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