• (Image courtesy of Endocyte)

    $2.1B Endocyte Deal a Record-Breaker

    A veteran of Indiana's life sciences industry says the proposed blockbuster sale of West Lafayette-based Endocyte Inc. (Nasdaq: ECYT) is good for the ecosystem in the state. Switzerland-based Novartis AG has signed an agreement to acquire Endocyte for $2.1 billion, which BioCrossroads Project Director Brian Stemme says is "by far" the largest-ever acquisition of an Indiana life sciences company. The deal still faces regulatory and shareholder hurdles.

  • Mike Sherman is CEO of Endocyte.

    Endocyte, Novartis Ink $2.1B Merger Agreement

    West Lafayette-based Endocyte Inc. (Nasdaq: ECYT) has announced a merger agreement with a global pharmaceutical giant. The deal with Switzerland-based Novartis AG is valued at $2.1 billion and still requires shareholder approval. Until regulatory and other approvals are met, Endocyte will remain independent. The proposed merger of Endocyte into Novartis is slated to be complete in the first half of next year. Endocyte develops targeted cancer therapies and earlier this...

  • Zimmer Biomet Partnering With Apple

    Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) has announced a partnership with Apple Inc. (Nasdaq: AAPL) to assist patients undergoing knee and hip replacement surgeries. Zimmer Biomet has developed an app for the iPhone and Apple Watch designed to improve the connection between patients and their surgical care teams.

  • Ben Forrest is CEO of Olio.

    Tech Startup Aims to Cut Out Medical 'Stumbling Block'

    As healthcare continues to evolve, a Carmel-based tech startup is rising to meet one rapidly-changing facet of the industry's business model. Olio develops software that it says helps providers at every stage of care communicate more effectively. CEO Ben Forrest says the platform his growing company has developed overcomes the traditional stumbling block of sharing information on a patient's recovery among multiple caregivers, health systems and facilities from start-to-finish.

  • Shekhar (left) and BioCrossroads CEO David Johnson (right)

    BioCrossroads Announces Watanabe Winner, New Seed Fund

    Indiana University Associate Vice President for Clinical Affairs Anantha Shekhar is the 2018 Watanabe Life Sciences Champion of the Year. BioCrossroads made the announcement today at its annual Life Sciences Summit in Indianapolis. Shekhar is leading the $120 million Precision Health Grand Challenges effort. Also at today's event, the state's life sciences initiative announced the $9 million Indiana Seed Fund III, focused on life sciences, health IT and agbiosciences companies.

  • Officials from the Regenstrief Institute accepted the first place prize in the Inject Tech Challenge. (photo courtesy of Regenstrief Institute)

    Life Sciences Summit Competition Winners Unveiled

    BioCrossroads has unveiled the winners of two competitions at the 2018 Indiana Life Sciences Summit. The events include the inaugural Indiana Inject Tech Challenge, which focuses on the creation of new technologies designed to improve patient outcomes, as well as the BioCrossroads New Venture Competition.

  • (photo courtesy of DePauw University)

    Grant to Establish Biomedical Imaging Center at DePauw

    A three-year, $527,000 grant from the Buehler Family Foundation will establish the Buehler Biomedical Imaging Center at DePauw University. The school says the center will give students access to cutting-edge equipment as they study regeneration biology, wound healing, and the neuroscience of addiction.

  • (photo courtesy of BioCrossroads)

    Life Sciences Summit to Kick Off

    Indiana's life sciences initiative will this week host its annual two-day gathering focusing on the future of the life sciences sector. The 2018 Indiana Life Sciences Summit will feature keynote addresses from representatives of industry companies such as LifeOmic, Eli Lilly and Co. (NYSE: LLY), and Roche Diagnostics.

  • First 16 Tech Building Fully Leased

    The first new building in Indianapolis' innovation district is fully leased. 16 Tech developers say the $30 million research and office facility will house the Indiana Biosciences Research Institute, Central Indiana Corporate Partnership and Indiana University School of Medicine researchers. Construction on the anchor facility is set to begin later this year. IBRI will take more than 67,000 square feet of space on the first three floors of the building. The institute aims to...

  • IU neurologist Liana Apostolova will lead the study. (photo courtesy Indiana University)

    IU-Led Study Lands Major NIH Grant

    A team of researchers led by an Indiana University School of Medicine neuroscientist has received the largest single grant from the National Institutes of Health. The nearly $45 million grant will fund a five-year national research study on a rare form of Alzheimer’s disease. The study is being led by IU neurologist Liana Apostolova. The Longitudinal Early-Onset Alzheimer's Disease Study, or LEADS, aims to provide a foundation that may lead to new therapies for the disease.

  • (Image courtesy of Endocyte)

    Endocyte Hits $1.5B Mark

    Purdue University says West Lafayette-based Endocyte Inc. (Nasdaq: ECYT) has become its first startup to reach $1.5 billion in value. The company says its drug platforms in various stages of development and clinical trials are showing promising results in treating conditions including advanced prostate cancer and pediatric bone cancer. Endocyte was founded in the Purdue Research Park, with most of its technology based on research by Purdue Presidential Scholar in Drug...

  • (Image courtesy of Eli Lilly and Co.)

    Lilly Migraine Treatment to Hit U.S. Market

    A preventative migraine treatment from Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has cleared a major hurdle. Emgality, a once-monthly injectable treatment, has received U.S. Food and Drug Administration approval. The pharmaceutical manufacturer says Emgality will be commercially available shortly and that a Medical Expenditures Panel Survey suggests costs in the U.S. associated with migraine total up to $56 billion a year. The disease affects 30 million adults in the country.

  • The winners will be announced at this year's Indiana Life Sciences Summit. (photo courtesy of BioCrossroads.)

    BioCrossroads Names Competition Finalists

    BioCrossroads has announced the finalists for its annual New Venture Competition and the inaugural digital health competition known as the Indiana Inject Tech Challenge. The state's life sciences initiative says the winners of both events will be announced at the 2018 Indiana Life Sciences Summit next month.

  • Frustration with the traditional inventory model during their orthopedic careers inspired RAM’s founders to  solve the problem.

    ‘Vision System’ Aims to Overhaul ‘Archaic’ Device Inventory Management

    After more than 20 years working for implant manufacturers and trying to unravel a muddled inventory system, leaders of a young Fort Wayne company believe their technology delivers a solution. 

  • Pinpoint Pharma (left) and Brightlamp are working with the Purdue Foundry to develop their technologies.

    Indiana Life Sciences Entrepreneurs Shine in Silicon Valley

    Eight Indiana-based early-stage startups took a trip to Silicon Valley to showcase Hoosier ingenuity, entrepreneurship and the state’s blossoming tech industry. The group, hosted by the Indiana Economic Development Corporation, set up shop in Startup Alley during the TechCrunch Disrupt SF Conference earlier this month in San Francisco. 

  • The school believes examining the skin disorder through an osteopathic lens will provide a unique perspective.

    First NIH Grant Boosts Marian’s Medical School

    A young medical school in Indiana is celebrating a National Institutes of Health (NIH) grant that will not only address a common skin condition, but also establish the university’s footing in nationally-recognized research. 

  • Nanovis makes nanotechnology-enhanced spinal implants.

    Indiana Investors Lead $5.5 Million Boost to Nanovis

    A Carmel-based company that says it makes “superior” spinal implants is celebrating a $5.5 million investment round and preparing to reveal its newest technology. 

  • (Image courtesy of Junior Achievement of Central Indiana.)

    Job Event For Students Aims to 'Spark' Enthusiasm

    An event this week in Indianapolis is providing over 9,000 central Indiana 8th graders with what organizers say is a first-hand look at potential future careers. JA JobSpark, an annual Junior Achievement of Central Indiana program, brings together students from 62 schools and representatives from 120 employers to take part in career exploration activities. JA of Central Indiana Chief Executive Officer Jennifer Burk says it's never too early to engage students in...

  • (photo courtesy Westgate@Crane Technology Park)

    Researchers Set For Inaugural Technology Showcase

    The Indiana Technology Showcase at the WestGate Academy will debut Tuesday in Odon. It will feature 30 researchers from the University of Notre Dame, Purdue University, Indiana University, University of Southern Indiana, Ivy Tech Community College and the Crane Naval Surface Warfare Center. Each will have three minutes to present their technologies, followed by time to discuss the innovations and potential licensing opportunities. The technology fields expected to be covered include...

  • Elanco was front and center Monday at the New York Stock Exchange. (photo courtesy NYSE)

    Elanco Rings Opening Bell at NYSE

    Officials from Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) rang the opening bell Monday at the New York Stock Exchange. The event marked the company's Initial Public Offering, which began last week.

  • (Image courtesy of IUPUI)

    Regenstrief, IU Aging Center Partner on First-of-Its-Kind Study

    Researchers at the Regenstrief Institute Inc. in Indianapolis and the Indiana University Center for Aging Research have received $3 million from the National Institute on Aging. The grant will cover five years and focus on studying the benefits and harms of Alzheimer's disease screenings for family members of likely caregivers should their older relatives be diagnosed with Alzheimer's. The institute and center say this type of research has never been conducted.

  • James Collins will be CEO of Corteva Agriscience.

    DowDuPont Announces Ag Leadership

    DowDuPont (NYSE: DWDP) has named the senior leaders for its agriculture division, which will be spun-off as a condition of the massive merger between Dow and DuPont. Corteva Agriscience, which officials say will have a significant presence at the Dow AgroSciences campus on the northwest side of Indianapolis, will be led by current ag division Chief Operating Officer James Collins. The merger of Dow and DuPont closed a year ago. Collins previously served as...

  • (Image courtesy of Elanco)

    Elanco Begins IPO

    Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) has begun its Initial Public Offering on the New York Stock Exchange. The company, which is being spun off from Indianapolis-based Eli Lilly and Co. (NYSE: LLY), is looking to raise more than $1.7 billion from the IPO.

  • (Image courtesy of WTC Indianapolis) Fahad Al Gergawi, pictured right next to Indiana Secretary of Commerce Jim Schellinger and Governor Eric Holcomb, met with business and economic leaders in Indianapolis.

    Dubai Trade Official Talks Indiana Opportunities

    An economic development official from the United Arab Emirates is using a trade mission in Indianapolis to showcase economic opportunities in Dubai. Dubai FDI Chief Executive Officer Fahad Al Gergawi said Indianapolis is one of more than a dozen U.S. cities he and his colleagues have toured in the last four years that possess "significant strength in terms of international trade." Al Gergawi estimates some $240 million in exports from Indiana maker their way to the UAE...

  • New IBRI Center to Focus on Diabetes

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) is teaming up with the Indiana Bioscience Research Institute and the Indiana University School of Medicine to create the Lilly Diabetes Center of Excellence. Lilly says the goal of the center is to establish a nexus of strategically-aligned basic diabetes research operations in Indy. The LDCE plans to recruit principal investigators to pursue cutting-edge research in diabetes, diabetic complications, and related metabolic disorders.

  • Before being loaded onto the drone, high-tech Helmer refrigerators ensure the blood stays within a very tight temperature range.

    Helmer Helping High-Tech Lifesaving Mission

    An Indiana company is playing a key role in a lifesaving mission in Africa. Noblesville-based Helmer Scientific, which makes medical-grade refrigerators, freezers and blood bank storage equipment, is working with a Silicon Valley company to deliver critical blood supplies to remote areas of Rwanda. Helmer is working with robotics company Zipline on the high-tech effort, which the Indiana company says specifically targets mothers that have bleeding issues while giving birth. During an...

  • The company's NSS-2 BRIDGE device helps to treat opioid withdrawal symptoms. (photo courtesy Innovative Health Solutions)

    Opioid Withdrawal Device Advances in Ohio Competition

    A Ripley County-based medical device company is among 12 to advance in a competition aimed at finding new solutions to combat the opioid addiction crisis. Innovative Health Solutions in Versailles has received $200,000 in funding for advancing to the second phase of the Ohio Opioid Technology Challenge.

  • Trade Officials From Dubai Heading to Indy

    A delegation of business, economic development and governmental officials from the United Arab Emirates will be in Indianapolis beginning Sunday. The visit, hosted by World Trade Center Indianapolis, will focus on boosting economic ties between the state and the Middle Eastern nation. WTC Indianapolis President Doris Anne Sadler told Inside INdiana Business international visits like this will attract additional visits. Interest in this event, she added, has already sparked...

  • (Image from Franciscan Health provided to the city of Carmel)

    Franciscan Health Eyes $130M Carmel Ortho Hospital

    Mishawaka-based Franciscan Health is planning a $130 million orthopedic hospital in Carmel. The proposed Franciscan Health Orthopedic Center of Excellence is expected to employ more than 430. The proposal is set to go before the city's plan commission September 18.

  • As part of its response, Cook realigned the company's business into two divisions.

    Cook Resolves 2014 FDA Warning Letter

    Bloomington-based Cook Medical says it has closed out the process of resolving a 2014 warning letter from the U.S. Food and Drug Administration involving documentation and data collection. Cook says the resolution is the result of "countless hours of hard work by hundreds of people" to improve its quality system. Cook Group and Cook medical President Pete Yonkman says the feedback from the FDA letter was "tough, but beneficial." As part of its response, Cook...

  • (Rendering courtesy of Ball State University.)

    Design Unveiled For Ball State Sciences Building

    Ball State University trustees have received the proposed design for a five-story, $87.5 million Foundational Sciences Building. The project, which is expected to take two years, could get underway next fall. The facility is the larger of two that will eventually replace the aging Cooper Science Complex as the primary homes of the university's science and health-based academic programs. The other piece, the $62.5 million Health Professions Building, is slated to open around...

  • Cook Biotech is located at the Purdue Research Park in West Lafayette.

    Cook Biotech Partnering with Massachusetts Company

    West Lafayette-based Cook Biotech Inc. is partnering with AcuityBio Inc. in Massachusetts to continue work on a lung cancer product. The companies say they will collaborate on the advancement of AcuityBio's ABC103, which will feature proprietary technology from Cook Biotech.

  • Elanco Releases Details on IPO

    Greenfield-based Elanco Animal Health Inc. has provided more details on its upcoming Initial Public Offering. The subsidiary of Eli Lilly and Co. (NYSE: LLY) has not yet released a date for the IPO, but says it will list its common stock on the New York Stock Exchange under the ticker symbol "ELAN."

  • (Image of interviewers Shannon, Dengke and Jaedyn courtesy of "State of Change.")

    Documentary to Feature Hoosier Students' Future-Shaping Journey

    A new documentary that follows the journey of three Indiana students interviewing professionals in some of Indiana's signature industries debuts Thursday. "State of Change" was produced in partnership with Roadtrip Nation, a national organization focused on career exploration. Some of the companies featured in interviews by the students include Scott Farms in Carroll and Cass counties, GE Aviation in Lafayette and Salesforce.com Inc. in Indianapolis.

  • Joseph Wallace (photo courtesy IUPUI)

    IUPUI Professor Lands $2M NIH Grant

    The National Institutes of Health has awarded a $2 million grant to an IUPUI professor. Joseph Wallace, associate professor of biomedical engineering, says the five-year grant will be used to research ways to build bone mass and improve bone quality in people with osteoporosis and diabetes.

  • White to Lead Lilly Oncology

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has named Anne White president of Lilly Oncology. White will also serve as senior vice president for the parent company and will succeed Sue Mahony, who is retiring. White first came to Lilly in 1991 as an engineering before taking multiple clinical research and drug development positions inside and outside the company. She currently serves as...

  • (Rendering courtesy of Premier BioSource.)

    Research Swine Company Selects Jasper County

    An agbiosciences company from California has broken ground on its first Indiana operation. Premier BioSource, which raises swine for research purposes, plans to invest about $7.5 million into a 600-sow production facility in Rensselaer. The company says it considered other locations in Michigan and Illinois, but selected Indiana because of its business climate and financial strength. The operation is expected to be open within a year and employ 21 in Jasper County.

  • (Image courtesy of Roche Diagnostics.)

    Roche Academy Boasts Training, Job Offer

    Roche Diagnostics Corp. in Indianapolis, the University of Indianapolis and Ascend Indiana have announced a collaboration designed to fill high-need technical jobs at the biotechnology company. The Roche Academy will include customized curriculum and internships for UIndy biology and chemistry students which could lead to job offers from the company upon graduation. Recruiting efforts for the program are expected to begin in October and, once students complete...

  • Greenlight Guru employees celebrate a product launch.

    Medical Device Companies Put Greenlight Guru in Fast Lane

    They’re still out there, says Indianapolis-based Greenlight Guru: dusty corporate basements with 50 fireproof filing cabinets, storing medical device quality management paperwork held together with bubblegum, rubber bands and hot glue-gunning. 

  • Lee's discovery enables tiny sensors and devices to be placed on soft contact lenses.

    PU Discovery Enables ‘Smart’ Contact Lenses to Monitor Health

    A Purdue University researcher believes he’s on the way to creating high-tech contact lenses soldiers could wear for night vision. Another ambition is augmented reality, minus the bulky goggles.

  • The prestigious grant gives Broxmeyer freedom to seek the most promising path for cord blood transplant research.

    Legendary IU Researcher Aims to Break New Ground

    Cord blood stem cell transplants have saved the lives of countless children—more than 40,000—because of a discovery made at Indiana University School of Medicine (IUSM) in the 1980s, but like most science, it’s not perfect. 

  • Dr. Chandan Sen is the latest scientist recruited by the INCITE program.

    INCITE Attracts Another ‘Superstar,’ Adds Might to Precision Health

    The Indiana University Precision Health Initiative (PHI), now at the two-year mark, recently announced progress toward its goal to unleash the power of personalized medicine to cure one cancer and one childhood disease over the next decade. 

  • Indiana Popcorn Seed Maker Reaching Markets Worldwide

    A hybrid popcorn seed producer and distributor may be located in a small Tippecanoe County community, but it has built a global footprint. Romney-based Ag Alumni Seed sprouted from Purdue University in 1938 to market hybrid watermelon, tomato, grains and corn developed at the school and when the program ended in 1995, the nonprofit was born. Ag Alumni Seeds Agricultural Alumni Seed Improvement Association Inc., as it is formally known, has customers throughout...

  • (Image courtesy of Nanovis.)

    Medical Device Maker Secures $5.5M Funding Round

    A medical device manufacturer headquartered in Carmel has received a $5.5 million boost. The investment in Nanovis includes Indiana participants such as Indianapolis-based Elevate Ventures, 1st Source Capital Corp. in South Bend, the Purdue Research Foundation's Foundry Investment Fund -- launched as a partnership between PRF and Bloomington-based Cook Medical -- and Carmel-based Ellipsis Ventures. Commenda Capital LLC in Georgia also contributed. Nanovis says the funds will...

  • (Image courtesy of the Economic Development Coalition of Southwest Indiana.)

    AstraZeneca Makes Global Connections From Posey County

    The executive director of a major pharmaceutical site in Posey County is discussing its global reach. In a video from the Economic Development Coalition of Southwest Indiana profiling the AstraZeneca PLC manufacturing and distribution operation in Mount Vernon, Tanya Harris says about half of the products from the facility are exported throughout the world. The operation was acquired by AstraZeneca in late 2015 in a more than $3 billion deal for the global diabetes business...

  • (Image courtesy of the ETHOS Innovation Center.)

    ETHOS Center Boosts STEM Learning For Students, Teachers

    Students and teachers returning to class in Elkhart County have a new destination for science, technology, engineering and math learning opportunities. The $8.2 million ETHOS Innovation Center, which opened in April, is a hands-on museum and learning space located at a former Bayer Corp. pharmaceutical facility in Elkhart. The center features science camps in the summer months, during spring and fall breaks, after school and for field trips, as well as...

  • Chandan Sen will serve as the inaugural director of the center. (photo courtesy IU School of Medicine)

    IU Center to Focus on Regenerative Medicine

    The Indiana University School of Medicine has announced plans for a new center focused on regenerative medicine. IU will invest more than $20 million over the next five years to establish the Indiana Center for Regenerative Medicine and Engineering, specializing in what the university says is a rapidly-developing field. The center will be led by Chandan Sen, who previously served as director of the Center for Regenerative Medicine and Cell-Based Therapies at Ohio State University.

  • Acquisition Costs Lead to Loss for BASi

    West Lafayette-based Bioanalytical Systems Inc. (Nasdaq: BASI) is reporting a fiscal third quarter net loss of $75,000, compared to net income of $227,000 during the same period last year. Chief Financial Officer Jill Blumhoff says the earnings were negatively affected by costs related to the company's July acquisition of Missouri-based Seventh Wave Laboratories LLC. 

  • OrthoPediatrics went public in October 2017. (photo courtesy Nasdaq)

    OrthoPediatrics Growing in Warsaw

    Warsaw-based OrthoPediatrics Corp. (Nasdaq: KIDS) has announced plans to expand its Kosciusko County headquarters. The medical device manufacturer says it will invest $1 million to double the size of its existing warehouse and adding office space and dedicated training and education facilities.

  • (Image courtesy of the Office of Evansville Mayor Lloyd Winnecke.)

    'Once-in-a-Lifetime' Med Center Now Open

    More than seven years after the concept was first imagined, a process involving multiple institutions of higher learning, city and state leaders and the southwest Indiana medical community is complete. The $70 million Stone Family Center for Health Sciences in downtown Evansville is now open. Mayor Lloyd Winnecke said the campus evokes descriptions such as "enduring, generational (and) once-in-a-lifetime." During a recent interview...

  • Mark Throdahl is CEO of OrthoPediatrics. (photo courtesy Nasdaq)

    Despite Net Loss, OrthoPediatrics Hits Record Revenue

    Warsaw-based OrthoPediatrics Corp. (Nasdaq: KIDS) is reporting a second quarter net loss of $2.7 million, compared to a loss of $1.3 million during the same period last year. However, the pediatric medical device company is also reporting record quarterly revenue of $15.1 million.

  • (image courtesy of West.)

    Contract Pharma Facility Slated to Close

    Pennsylvania-based West Pharmaceutical Services Inc. says it plans to close its only Indiana operation. The Frankfort facility, which provides contract manufacturing, custom molding and assembly functions, currently employs 54. The global company says "virtually all" positions in Clinton County will be eliminated after October 1. Layoffs will take place in four groups through the end of November. In a notice to the state, West says the employees affected by the closing will...
  • (Image of Steven Becker courtesy of IU School of Medicine-Evansville.)

    Evansville Charity Boosts IU Med School

    Indiana University School of Medicine-Evansville has received a $2.5 million grant from the charitable arm of Evansville-based Koch Enterprises Inc. The gift will fund the associate dean and director of IUSM-Evansville position, which will be called the Koch Chair in Medicine. Steven Becker, who has served as the school's director, is the first to carry the new title. The school’s new home, the high-profile Stone Family Center for Health Sciences, will be dedicated next week.

  • The effort is led by IU Associate Vice President for Clinical Affairs Anantha Shekhar.

    IU Updates 'Precision Health' Challenge

    Two years in, Indiana University School of Medicine Dean Jay Hess says the school's first Grand Challenges initiative is "already impacting the care we provide patients." The $120 million Precision Health effort has goals including curing one cancer and one childhood disease over the next decade through a focus on individualized medicine. The school says it has recruited 33 new research faculty from throughout the country and will soon start canvassing Indiana for...

  • (Image courtesy of the University of Nebraska.)

    Corteva Agriscience Exec Receives Presidential Nomination

    President Donald Trump has nominated an Indiana agbiosciences executive to serve as the U.S. Department of Agriculture under secretary of agriculture for research, education and economics. Scott Hutchins is the global leader of integrated field sciences for Corteva Agriscience, which has a Global Business Center at the former Dow Agrosciences campus in Indianapolis. Hutchins is also an adjunct professor at the University of Nebraska and previously served as...

  • Wood Family Foundation Donates $2M to IU

    Lung cancer research received a boost in the form of a $2M gift to the Indiana University School of Medicine from the Tom and Julie Wood Foundation. The gift establishes the Tom and Julie Wood Family Foundation Chair in Lung Cancer Clinical Research and will fund new treatments to test in clinical trials, as well as serve as a catalyst for other efforts. The first chair is IU Professor and practicing oncologist Nasser Hanna. “I can’t even begin to tell you what ...

  • The program’s goals include helping doctors identify high-risk patients, increasing HIV screening and educating clinicians about HIV/AIDS resources around the state. (Courtesy: Centers for Disease Control and Prevention)

    Company Aims to Empower Docs to Deal with HIV

    The HIV outbreak in Indiana—fueled by the opioid epidemic—may seem insurmountable, but an Indianapolis-based company says it can be stopped, and it’s helping lead the charge. 

  • Lilly Extends Collaboration With Cancer Institute

    Eli Lilly and Company (NYSE: LLY) has announced a three-year extension of its collaboration with Dana-Farber Cancer Institute. Scientists from each organization have been working together on various cancer care elements since 2015. "This collaboration provides an opportunity for scientists and clinicians at a premier cancer center to bring creative new ideas about the underlying science and how this might drive future clinical opportunities for multiple Lilly therape...

  • Before being loaded onto the drone, high-tech Helmer refrigerators ensure the blood stays within a very tight temperature range.

    Helmer Keeps Blood Drone-Ready in Africa

    A lifesaving mission that delivers blood via drones is underway in Rwanda, and an Indiana company is a critical part of the operation. Silicon Valley-based robotics company Zipline launches high-tech drones into Rwanda’s sky each day, loaded with lifesaving blood for patients in remote areas. 

  • DK Pierce's office is in Zionsville at Creekside Corporate Park, which is designed to blur the line between the office and the great outdoors.

    DK Pierce: Nature Nurtures Company’s Growth

    A firepit crackles, dogs sniff out employees with treats and woodland trails beckon rejuvenating breaks; this is the idyllic workspace that Denise Pierce envisioned and is executing for her 20 employees as they tackle some of the toughest challenges in the demanding world of drug development. 

  • Pave says its full core biopsy device gives clinicians a smaller needle than ever before to collect lung biopsies.

    Pave Preps First-of-its-Kind Lung Biopsy Device

    Lung cancer is the leading cause of cancer death, and doctors are clamoring for a better way to diagnose it. A Zionsville-based startup is creating a lung biopsy device that it says gives clinicians something they’ve never had before: a smaller needle and a safer tissue-collection process that produces a clearer diagnosis for the patient. 

  • NDnano Seed Fund Winners Unveiled

    The University of Notre Dame College of Engineering and College of Science have announced four Center for Nano Science and Technology Seed Grant recipients. The technology developed by nine faculty members includes a portable fentanyl detector, new ultra-thin films and sensing and imaging materials. NDnano Director Alan Seabaugh says "we are excited to launch these four research collaborations, each building on materials innovations at Notre Dame.

  • (Rendering provided by 16 Tech.)

    16 Tech Developers Seeking Partners

    The developers of the first, $30 million facility in the high-profile 16 Tech innovation district in downtown Indianapolis are Thursday hosting the first of two "opportunities" sessions for potential partner businesses. Browning Davis, a joint venture between Browning Investments LLC and Davis & Associates Inc., says bid packages are expected to be let in October and construction could begin the following month. Plans for Building One involve...

  • Will expects Lilly to make further "tweaks" involving its workforce in the coming years.

    Will: Elanco Spin-Off 'Long Overdue'

    University of Indianapolis Associate Professor of Finance Matt Will calls Indianapolis-based Eli Lilly and Co.'s (NYSE: LLY) decision to spin off Elanco Animal Health as a separate company "long overdue." Will believes Elanco can be more successful outside the Lilly umbrella. He says, since regulations on animal treatments are often less strict, the move can "unleash" Elanco to have more financial success.

  • Ricks discussed the plans during a conference call today.

    Ricks: Elanco IPO Will Create Maximum Value

    The chief executive officer of Indianapolis-based Eli Lilly and Co. (NYSE: LLY) says plans to spin off Greenfield-based Elanco Animal Health as a separate company will create maximum value for Lilly shareholders. During a conference call today, Dave Ricks also said the planned initial public offering will allow both Lilly and Elanco to have greater focus on growth opportunities in their individual markets. Lilly this morning announced plans to complete an IPO involving a less than...

  • Lilly to Make Elanco Separate Business in IPO

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) says it plans to spin off its Greenfield-based Elanco Animal Health business as a separate company. The decision comes after completing a review of Elanco that began a year ago. Lilly says it plans to begin the process for an initial public offering for a less than 20 percent minority stake in Elanco in the coming weeks. It expects to complete the IPO by year's end. The announcement was delivered along with Lilly's...

  • (Image provided by Purdue University.)

    Former Lilly, Guidant Corp. Exec to Speak to Purdue Grads

    A well-known executive in Indiana's life sciences sector will be the summer commencement speaker next week at Purdue University. Ronald Dollens retired as chief executive officer of Guidant Corp., a spin-out of Indianapolis-based Eli Lilly and Co. (NYSE: LLY) that was acquired by Boston Scientific Corp. (NYSE: BSX) in the mid-2000s for $27 billion. Dollens, a Purdue graduate, was the former medical devices and diagnostics president of Lilly and is currently chairman of the board at G...

  • (Graphic courtesy of the Indiana Department of Workforce Development.)

    Indiana Unemployment Rate Up a Tick

    Indiana's unemployment rate has risen slightly to 3.3 percent. The June report released by the Indiana Department of Workforce Development shows the labor force increased by nearly 15,000, compared to figures released a month ago. Private sector employment decreased by 2,500 from May to June, but the state says Indiana's labor force participation rate -- 64.6 percent -- is still greater than the national average of 62.9 percent.

  • (Image of the National Centralized Repository for Alzheimers Disease and Related Dementias Director Tatiana Foroud courtesy of the Indiana University School of Medicine.)

    IU Repository to Be 'Central' Player in Alzheimer's Fight

    The Indiana University School of Medicine has secured a grant that is expected to contribute $12 million toward a globally-accessible biological sample bank. The funding from the National Institute of Health will boost the size and scope of the National Centralized Repository for Alzheimer's Disease and Related Dementias in Indianapolis, which the school says is poised for a "central role" in developing effective Alzheimer's disease prevention techniques and treatments by...

  • (Image courtesy of Grace College.)

    Grace College Dialing in Liberal Arts, STEM Mix

    The president of Grace College says the Winona Lake institution is being more intentional about blending traditional liberal arts offerings with "a vocational direction." Bill Katip says new programs and major investments focusing on science -- such as the $8 million Dr. Dane A. Miller Science Complex, which is set to open next week -- represent "the changing face, but also the reality," of providing a modern liberal arts education.

  • Young Stumping For Telemedicine Initiative

    Senator Todd Young (R-Ind.) is supporting a proposed federal grant program he believes would boost health care access to rural and lower-income communities and veterans. The $100 million Connected Care Pilot Program is designed to fund innovative telemedicine initiatives, a technology Young believes Indiana is "well ahead of the curve" in. Early-stage approval by the Federal Communications Commission will be voted on next month. In an interview, Young said...

  • BioCrossroads Launches New Competition

    A new competition from Indiana's life sciences initiative aims to serve as a catalyst for new solutions to improve patient outcomes. BioCrossroads has launched the Indiana Inject Tech Challenge, which seeks to "build upon accelerating convergence between the local life sciences and technology ecosystems." BioCrossroads says the target goals for the competition include...

  • IU Doctors Lester Smith, Burcin Ekser, Ping Lee

    IU Researchers Working Toward 'On-Demand' Organs

    Indiana University School of Medicine researchers, backed by a $9 million private-sector partnership, are using genetically-engineered pig liver cells to 3D-print tissue that may one day be used for human organ and tissue transplants. The collaboration with Maryland-based Lung Biotechnology PBC was announced in early-May. Assistant Professor of Surgery Burcin Ekser, who leads the IUSM research lab dealing with cross-species transplantation, said...

  • (rendering courtesy Purdue Northwest)

    Work Begins on Bioscience Building

    Construction has begun on the $40 million Bioscience Innovation Building on the Hammond campus of Purdue University Northwest. The facility, which will house the university's College of Nursing and biological sciences department, is expected to be complete in 2020.

  • BASi Adds Missouri Lab

    West Lafayette-based Bioanalytical Systems Inc. (Nasdaq: BASI) has announced an agreement to acquire a Missouri contract research consultant. The deal for Seventh Wave Laboratories LLC involves $7 million in cash and 1.5 million BASi shares. BASi Senior Vice President of Preclinical Services Philip Downing calls the combination "an excellent strategic fit." The move follows BASi's investment late last year to expand its laboratory operations in Mt. Vernon, which could...

  • (Image courtesy of Eli Lilly and Co.)

    Lilly to Cut Ribbon on R&D Center

    Indianapolis-based Eli Lilly and Co. will Friday celebrate the grand opening of its $70 million research and development center. The pharmaceutical giant says the facility, located at the Lilly Technology Center, was designed as an innovation hub for Lilly Research Laboratories. 

  • Lilly's Name For Headache Treatment Moves Forward

    The U.S. Food and Drug Administration has conditionally accepted the intended brand name of a prospective headache treatment from Indianapolis-based Eli Lilly and Co. (NYSE: LLY). Emgality, which recently showed positive results in a massive, late-stage study, is under development to fight episodic cluster headaches. Lilly Bio-Medicines President Christi Shaw says...

  • A special cap for prescription bottles lights up and alarms at pre-set dosage times.

    Startup’s Goal: No More Missed Meds

    Americans’ forgetfulness is costing billions of dollars. About half of patients don’t take their medications as prescribed, especially with regard to timing, frequency and duration, says the Centers for Disease Control and Prevention (CDC). 

  • Pictured left-to-right: KSM Location Advisors President Katie Culp and Chief Executive Officer Tim Cook.

    Patience, Collaboration Key For Big Indy Developments

    Patience has paid off in the form of several mega-developments in the works in Indianapolis, according to executives from KSM Location Advisors. Chief Executive Officer Tim Cook and President Katie Culp discussed high-profile properties including 16 Tech, the former General Motors Stamping Plant and the Infosys and Republic Airways plans for the old Indianapolis International Airport lot. During our (i) on Economic Development segment Cook and Culp said...

  • The discussion took place at the IoT Lab in Fishers.

    Cook, Fishers Mayor Discuss Leadership, Entrepreneurship

    An event Wednesday at the Indiana IoT Lab in Fishers showcased one of Indiana's highest-profile life sciences companies. Fishers Mayor Scott Fadness hosted Bloomington-based Cook Group Inc. Chairman Steve Ferguson and Cook Group President Pete Yonkman for a discussion on executive leadership. Yonkman says the event offered an opportunity to learn more about innovation and entrepreneurship at the IoT lab and nearby Launch Fishers coworking space.

  • "He’s smarter than I was,” laughs Sharma (left), who connected her mentee Mohamed (right) to the program this summer.

    Project SEED Inspires Disadvantaged Science Students

    Physician scientist Dr. Richa Sharma, who just finished her residency at Riley Hospital for Children, says a summer internship saved her life. Like the 35 Hoosier high school students who are currently part of Indianapolis Project SEED (Summer Experience for the Economically Disadvantaged), the deck was stacked against her as a teenager. 

  • The IU team of researchers includes: Lester Smith, PhD; Burcin Ekser, MD, PhD; and Ping Li, PhD (left to right).

    Partnership Puts IU Closer to 3D Printing Transplantable Organs

    The shortage of transplantable organs is, simply put, insurmountable. About 20 people die each day in the U.S. waiting for organ transplants, according to the Organ Procurement and Transplantation Network. Even an available organ may not match a waiting patient due to size, blood type or tissue type. 

  • Dalloul has presented his work at professional conferences, which is a task typically reserved for graduate students.

    High School Captures Sixth Top Science Student Award

    A legacy is living on at Terre Haute South Vigo High School; six students have captured the statewide 2018 STEM Team award for Science (previously Mr./Miss Science) in the last decade, and this year, recent graduate John Dalloul earned the prestigious title. 

  • (photo courtesy Whitley County EDC)

    Medical Device Company Building in Whitley County

    A Tennessee-based medical device manufacturer has broken ground on a new research and development facility in Columbia City. The Whitley County Economic Development Corp. says the investment from Wright Medical Group N.V. will create up to 20 jobs. The project is estimated to cost more than $3 million. The new facility will be located in the Park 30 Business Center in the Whitley County city. Wright Medical Group specializes in...

  • (Image courtesy of Indiana University.)

    IU Researcher Part of $1M International Collaboration

    An Indiana University chemistry professor will share in a $1 million grant to study enzymes important to  IU scientist, collaborators receive $1 million international research award to study enzymes By Brooklyn Chance and Kevin Fryling The IU recipient is Trevor Douglas, a professor in the IU College of Arts and Sciences' Department of Chemistry. Other recipients are...

  • Court Sides With Lilly on Alimta Case

    The latest in a string of patent infringement cases involving Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has ended positively for the pharmaceutical giant. The U.S. District Court for the Southern District of Indiana has ruled in favor of Lilly, preventing a competitor from launching an alternative form of its Alimta vitamin regimen. The court ruled that Lilly's patent for Alimta would be infringed upon if India-based Dr. Reddy's Laboratories had moved forward with...

  • (Image Courtesy: Lilly Oncology)

    Lilly Closes on Mega Acquisition

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has completed its acquisition of ARMO BioSciences Inc. of California. The deal, which was valued at approximately $1.6 billion when first announced last month, boosts Lilly's immuno-oncology pipeline. Lilly offered $50 per share of ARMO stock for the company. ARMO's portfolio includes...

  • Bionode's technology originally required contacts, but has been updated to produce the same effect with glasses only.

    Purdue Fund Invests $750K in Startups

    The Purdue Research Foundation's Foundry Investment Fund is investing $750,000 in three life sciences startups. Purdue says the funding will be used as partial matches to investments made in the startups by other investors.

  • Ivy Tech Bloomington Names 'Achieve Your Degree' Partner

    Ivy Tech Community College's Bloomington campus is partnering with another local employer to give employees the chance to complete their college degrees. Massachusetts-based Boston Scientific, which has a facility in Spencer, is collaborating with the school as part of the Achieve Your Degree program.

  • Construction Begins on Martin Jischke Hall Addition

    Purdue has begun building a $14 million addition to the Martin C. Jischke Hall of Biomedical Engineering. The Innovation Wing will allow for the expansion of the Weldon School of Biomedical Engineering's programs, outreach and research capabilities. 

  • (Image courtesy of Cook Group)

    Cook Medical Poised to Purchase High-Profile NC Property

    Bloomington-based Cook Medical has announced an agreement to acquire a former cigarette factory in North Carolina. The medical device manufacturer says it plans to transform the R.J. Reynolds building, vacant since 2012, into the new home for its Winston-Salem operations. Cook Medical employs more than 650 in the North Carolina city. Cook Medical Winston-Salem facility President Barry Slowey says...

  • (Image courtesy of Elanco Animal Health)

    USDA Licenses Elanco Swine Vaccine

    Greenfield-based Elanco Animal Health has received licensing approval from the U.S. Department of Agriculture for a swine vaccine. The Eli Lilly and Co. (NYSE: LLY) division says Prevacent reduces porcine reproductive and respiratory syndrome, a disease it estimates costs the industry between $560 million and $660 million per year. The vaccine can be used in piglets two weeks or older. PRRS first emerged in the late-1980s.

  • (Image courtesy of Eli Lilly and Co.)

    Lilly, AstraZeneca End Trials Early

    A series of trials for a potential Alzheimer's disease treatment being tested by Indianapolis-based Eli Lilly and Co. (NYSE: LLY) and AstraZeneca has been called off. The companies have accepted the recommendation of an independent data monitoring committee to discontinue late-stage trials of lanabecestat. The committee concluded trials involving participants in early stages of the disease and mild cases of the disease, as well as a related extension trial, would...

  • Purdue, IBRI Expand Partnership

    Purdue University and the Indiana Biosciences Research Institute in Indianapolis are growing their partnership. The two have signed a strategic alliance agreement that the university says will allow for "seamless research interactions among researchers at both institutions." 

  • (Image provided by the Indianapolis Zoological Society.)

    Indianapolis Prize Winner to Use Award as Leverage

    The winner of this year's Indianapolis Prize wants to use the honor and the $250,000 in prize money to serve as a multiplier for his wildlife conservation efforts. Russell Mittermeier, who was a finalist twice previously, says he plans to use the platform and part of the funding to leverage additional donations toward causes such as biodiversity, tropical forest protection and saving individual animal groups and species. He is the seventh winner of the prize and has been in the...

  • (Image courtesy of Eli Lilly and Co.)

    Indiana, Metro Areas Stand Out in Life Sciences Report

    A new survey shows Indiana is again a top-rated state for employment in the life sciences industry. The results from a bi-annual report from the Biotechnology Industry Organization and TEConomy Partners show tens of thousands of Hoosier jobs are connected to subsectors including agriculture feedstock and chemicals, drugs and pharmaceuticals, and medical devices and equipment. Other categories include...

  • Biopharmaceutical Company to Lay Off 100

    North Carolina-based Syneos Health (Nasdaq: SYNH) has announced plays for a workforce reduction at its Indianapolis office. In a notice to the state, the biopharmaceutical company says it will lay off nearly 100 employees beginning next month.

  • The startup says its technology will be most useful for oral surgeries that involve harvesting tissue in the roof of the mouth.

    Starfish Engineering Aims to Improve Oral Surgeries

    Oral surgeries likely aren’t top of mind as risky operations, but there’s a critical artery in the roof of the mouth—invisible to the naked eye—that gives surgeons pause; cutting it can cause hemorrhaging, among other complications. Understandably, surgeons often avoid the area altogether, but a patient’s unique anatomy means the greater palatine artery may be in a slightly different place than expected. 

  • Lilly Arthritis Treatment Lands FDA Approval

    A once-daily treatment for rheumatoid arthritis being developed by Indianapolis-based Eli Lilly and Co. (NYSE: LLY) and Delaware-based Incyte Corp. (Nasdaq: INCY) has cleared a key hurdle. The U.S. Food and Drug Administration has approved Olumiant following several years of clinical trials. Lilly says the treatment, also known as baricitinib, has been approved for adults with moderately-to-severely active RA, who have had an inadequate response to one or more...

  • Andrew Zelhof, director of IU's Drosophila Genomics Resource Center (photo courtesy of IU)

    'Mecca Of The Fly World' at IU Receives Millions

    Indiana University Bloomington's world-class Drosophila Genomics Resource Center has been awarded a National Institutes of Health grant. The $2.7 million is an extension of the grant that founded the center in 2003, and will cover a five-year period.

  • Using a storytelling game, Buddy will focus on certain sounds and words the child struggles to pronounce.

    Speech Therapy Robot Helps Children with Cleft Lip

    Two recent Indiana University graduates want children with cleft lip and palate to have a Buddy—a friend that plays with them at home and doesn’t notice that the child might look different or have speech difficulties. But this pal will also turn playtime into speech therapy, without the child even noticing, says Buddy’s creators. 

  • Zimmer Biomet employees travel to Guatemala to be "knee experts" for each Faith in Practice mission trip.

    Zimmer Biomet ‘Greater Level’ Commitment Helps Guatemalans Walk

    A line about 500 people deep forms outside a clinic in Guatemala each time surgeons arrive for a mission trip to help people with orthopedic ailments. Many of the Guatemalans travel 100 miles to wait, knowing only a lucky 50 or so will get to see the U.S. doctors. Watching this unfold firsthand motivated Zimmer Biomet employees to change how the company helps Guatemalans. 

  • The university says the institute will put the "UE brand" on public health in the Evansville area.

    University of Evansville Institute Targets Local Health Issues

    Southwest Indiana shares the same health burdens as the rest of the state, such as high rates of infant mortality and chronic disease, but local public health leaders say that specific region also bears the weight of poor air quality. Combatting such local health issues is a key goal as the University of Evansville launches its Institute for Public Health. 

  • In a video blog called "The Real Southwest Indiana," Greg Wathen spoke with Deaconess Health System CEO Shawn McCoy.

    Southwest IN Flexes Life Science Muscle

    The president of the Economic Development Coalition of Southwest Indiana says the region is seeing major strength from a sector that may surprise some. Greg Wathen says the life sciences support more than 27,000 jobs and contribute about $1.9 billion to the region's Gross Domestic Product, making it Southwest Indiana's second-largest sector. He says Evansville's Stone Family Center For Health Sciences, the Poseyville Regional Medical Center and the Deaconess...

  • Medical Device Manufacturer to Close Plainfield Facility

    California-based DJO Global has announced plans to close its facility in Plainfield. In a notice to the state, the medical device manufacturer says it will lay off 70 employees beginning in August before the facility closes at the end of October.

  • (rendering courtesy PTS Diagnostics)

    New Headquarters Breaks Ground in Whitestown

    An Indianapolis based medical device manufacturer has broken ground on a 135,000-square-foot global headquarters in Whitestown. PTS Diagnostics' $30 million project will take almost a year to complete and is projected to bring an additional 50 to 70 jobs to the Boone County town over the next 3 to 5 years.

  • (photo courtesy of Eli Lilly and Co.)

    Lilly Oncology President to Retire

    The president of Lilly Oncology has announced plans to retire. Indianapolis-based Eli Lilly and Co. (NYSE: LLY) says Sue Mahony will step down from the role at the end of August after 18 years with the company. Mahony also serves as senior vice president of Lilly and a member of Lilly's executive committee

  • 16 Tech Taps Former LDI Exec For COO

    16 Tech Community Corp. has named Emily Krueger chief operating officer. She previously served as vice president of administration for Indianapolis-based LDI LTD. The organization is the operating entity of the high-profile, 60-acre 16 Tech innovation district coming together on the city's near west side. Krueger will help lead development efforts. Plans for 16 Tech include research and innovation space, as well as...

  • Biosciences Company Lands $2M+ in Funding

    Indianapolis-based Scioto Biosciences Inc. has closed a $1.8 million round of funding and has also been awarded nearly $400,000 in grants from the National Institutes of Health and the state of Indiana. The preclinical stage company says it will use the funds to further the development of its microbiome platform technology.

  • EnPak Vice President of Operations Rick Rivera (left) and CEO Marlene Mulero-Betances. (photo courtesy EnPak)

    EnPak Relocates to Larger Warsaw HQ

    Warsaw-based EnPak LLC has completed the relocation to its new Kosciusko County headquarters. The company, which provides aftermarket services to area orthopedic companies, says the larger facility will accommodate EnPak's recently-expanded customer base.

  • Nathan Glass will lead the division as senior VP of product development.

    Plastics Company Launches New Division

    Fortville-based Genesis Plastics Welding Inc. has launched a new division focusing on the medical device industry. The company says MedTech Launch will assist medical device startups in navigating the product launch process, from initial concept to production.

  • Cluster Headache Treatment Showing Promise For Lilly

    Lilly Bio-Medicines President Christi Shaw characterizes positive results from late-stage research for a potential headache treatment as "truly a landmark moment."  Indianapolis-based Eli Lilly and Co. (NYSE: LLY) says galcanezumab met its primary goal of reducing weekly cluster headache attacks. The treatment, however, missed its primary endpoint on a separate study focusing on chronic cluster headaches. Shaw says...

  • Mark Throdahl is CEO of OrthoPediatrics. (photo courtesy Nasdaq)

    OrthoPediatrics Touts 'Solid Start' With Revenue Growth

    Warsaw-based OrthoPediatrics Corp. (Nasdaq: KIDS) is reporting a first quarter net loss of $5 million, compared to a loss of $1.3 million during the previous quarter. Despite the drop, the medical device manufacturer says total revenue for the quarter rose 24 percent to $12.1 million.

  • (Image of Ryan Brewer [pictured left] and Kayla Freeman [pictured right] courtesy of Indiana University.)

    Study: Opioid Abuse Costs Indiana $4B+ Annually

    New research from Indiana University says the opioid crisis cost the state $4.3 billion last year and will reach a similar level this year. The findings were pulled from 15 years of data that show opioid deaths have increased more than 500 percent over that time. It estimates some 12,300 Hoosiers have died since 2003 from opioid overdoses. The research was conducted by...

  • (Image courtesy of Lilly.)

    Lilly Re-Acquires Cancer Compound

    For the second time in a week, Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has announced a big acquisition. The deal for AurKa Pharma Inc. in Canada involves an upfront payment of $110 million. The total value of the transaction could grow by up to $465 million if certain regulatory, marketing and sales marks are met. Last week, Lilly announced the $1.2 billion acquisition of ARMO BioSciences, which is based in California. AurKa Pharma was launched by...

  • (Image courtesy of Manchester University.)

    Manchester University Touts Unique Pharma Offering

    The director of pharmacogenomics education at Manchester University says a first-of-its-kind in the nation offering could double or triple the number of pharmacists with pharmacogenomics expertise. In the most recent edition of our Life Sciences INdiana e-newsletter, David Kisor said the dual doctor of pharmacy and master of pharmacogenomics program could help reduce the occurrence of adverse drug reactions. The field involves prescribing medication based on...

  • IU Doctors Lester Smith, Burcin Ekser, Ping Lee

    Collaboration to Help with Organ Transplant Science

    Researchers at the Indiana University School of Medicine are closer to artificially growing organs, helped from a partnership with Maryland-based Lung Biotechnology.

  • (Image courtesy of Eli Lilly and Co.)

    Lilly Makes $1.6B Acquisition

    Indianapolis-based Eli Lilly and Co. (NYSE :LLY) is acquiring a California company in a $1.6 billion deal. ARMO BioSciences is developing a pipeline of products designed to boost the immune system of cancer patients and eradicate tumors. Lilly Oncology President Sue Mahony says the acquisition adds a "promising next-generation clinical immunotherapy asset" to Lilly's pipeline. Lilly says ARMO's lead product candidate, pegilodecakin, has shown positive results both as a...

  • Irish Ambassador: Indiana Has 'Sense of Its Own Future'

    The Ambassador of Ireland to the United States says he hopes a U.S. State Department-sponsored visit to Indianapolis, Columbus and Bloomington will sprout new relationships and global investment opportunities in Indiana. Daniel Mulhall is one of more than 30 foreign dignitaries who toured major Hoosier employers like Cummins Inc. (NYSE: CMI), Eli Lilly and Co. (NYSE: LLY) and Indiana University and networked with community leaders and executives through the Experience America initiative.

  • Greenlight Guru is headquartered in The Union 525 in downtown Indianapolis.

    Greenlight Guru Launches New Software, Growing Team

    Indianapolis-based tech company Greenlight Guru is continuing its rapid growth. The company, which produces quality management software for medical device companies, has launched the latest version of its platform with plans to add 14 jobs over the next quarter.

  • Paragon Medical is headquartered in "The Orthopedics Capital of the World," Kosciusko County.

    Acquisition of Paragon Medical Complete

    Tennessee-based NN Inc. (Nasdaq: NNBR) has completed its $375 million acquisition of Paragon Medical Inc. in Kosciusko County. NN Chief Executive Officer Richard Holder says the deal continues the manufacturer's efforts to expand its life sciences portfolio.

  • Ricks Sees 'Bright Period Ahead' For Lilly

    Buoyed by strong first quarter results and a spate of new and expected product launches, Eli Lilly and Co. (NYSE: LLY) Chief Executive Officer Dave Ricks is speaking with optimism about the company's outlook. Lilly raised its full-year 2018 revenue guidance and earnings-per-share expectations after reporting first quarter results that showed profits surging to $1.2 billion. However, Ricks says it's the quality behind the numbers that gives him reason for optimism, noting...

  • (Image of Bill and Mary Stone courtesy of Indiana University.)

    $15M Donation Spurs New Name For Downtown Med Center

    The $70 million medical facility being built in downtown Evansville has a new name. The Stone Family Center for Health Sciences, named in honor of Connecticut-based SS&C Technologies Inc. founder Bill Stone following a $15 million donation, is a collaboration among Indiana University, the University of Evansville and University of Southern Indiana. Bill and Mary (O’Daniel) Stone are Evansville natives and 1973 graduates of Memorial High School.

  • Broecker says the company has been "operating mostly in virtual mode" so far.

    Broecker Device Startup Gaining Traction

    One of the biggest names in Indiana life sciences is finding success with a new startup. Indianapolis-based Zorion Medical Inc., which is developing medical device technology that absorbs in the body, has leased lab space and joined the Indiana Biosciences Research Institute's SPARK program. Founder David Broecker, who left his post as IBRI's CEO last year, says joining the program will give Zorion access to the institute's resources, including microscopy, 3-D printing and...

  • (Image courtesy of Zimmer Biomet)

    Zimmer Biomet Partnership to Help Patients in Guatemala

    Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) is partnering with a Houston-based nonprofit to benefit patients in Guatemala. The medical device manufacturer says the agreement with Faith in Practice aims to improve access to total knee replacement procedures for residents in underserved communities.

  • (photo courtesy New York University)

    Lilly Oncology Taps NYU Professor

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has selected Leena Gandhi to lead immuno-oncology medical development efforts at Lilly Oncology. Gandhi currently serves as director of thoracic medical oncology at the New York University School of Medicine.

  • Indiana's medical device industry is widely known as one of the strongest in the world.

    Zimmer Biomet Profit Drops, But Beats Estimates

    Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) is reporting first quarter net income of $174.7 million, down from $299.4 million during the same quarter last year. Chief Executive Officer Bryan Hanson says the results reflect "supply headwinds" and ongoing quality remediation work at the company's Warsaw North Campus.

  • Tedd Green is the former president of Cook Pharmica. (photo courtesy Cook Group)

    Former Cook Pharmica President Lands New Role

    The New Jersey-based company that acquired Cook Pharmica in Bloomington last October is making some organizational changes. Catalent Inc. (NYSE: CTLT) has selected former Cook Pharmica President Tedd Green to serve as senior vice president of Catalent Biologics. 

  • College of Pharmacy Dean Eric Barker (left) presents JeanAnne and James Chaney with the crystal Boilermaker Special. (photo courtesy John Underwood/Purdue University)

    $8M Gift to Boost Purdue Pharmacy Endowment

    An $8 million gift from a Purdue University alumna and her husband has given a major boost to an endowment supporting the university's College of Pharmacy. The gift from JeanAnne and James Chaney will continue to provide student scholarships and support a potential new facility for the college.

  • Dr. Paul Szotek (left), a hernia surgeon and chief executive officer of the Indiana Hernia Center, and Dr. Todd Saxton, IU Kelley School of Business associate professor of strategy and entrepreneurship, are the co-founders of SoPE Indiana.

    New Group Fans The Flame of Entrepreneurial Docs

    The founders of a new Indiana organization say healthcare is a hot bed of potential entrepreneurs, but many medical professionals lack the business expertise to move their ideas to the marketplace. Central Indiana health and life sciences professionals are creating an Indiana chapter of the Society of Physician Entrepreneurs, a national nonprofit and clinical innovation network.

  • Fields says the lab’s research could lead to a more effective medicine to fight a notorious infection that occurs in burn wounds. (Photo courtesy: Notre Dame)

    Antibiotic Resistance Inspires Notre Dame to Create New ‘Weapon’

    Pancho Fields knows well the struggle of fighting an antibiotic-resistant infection. Most of his college freshman year was plagued by baths in diluted bleach and multiple rounds of various antibiotics that couldn’t clear a stubborn MRSA infection. 

  • The startup says its software is compatible with any drone that meets minimum resolution requirements.

    Startup Aims to Make Sense of Drone Data

    The founders of a West Lafayette-based startup say farmers and agricultural researchers have been flying high for several years with drones, but many have been let down after landing, when users struggle to make sense of all the data. 

  • Students can now simultaneously earn a pharmacogenomics master’s degree alongside the Doctor of Pharmacy (Pharm.D.) degree.

    Manchester First in U.S. to Launch Pharmacy, Pharmacogenomics Dual Degree

    No other pharmacy graduates in the nation will have credentials quite like those from Manchester University, says Director of Pharmacogenomics Education Dr. David Kisor. The small liberal arts school in northern Indiana says it’s the first in the U.S. to offer a dual degree in pharmacy and pharmacogenomics—a relatively new area in healthcare hungry for experts. 

  • Indiana ranks fourth nationally for soybean production. (Photo courtesy: Indiana Soybean Alliance)

    Next Major Soy Product Could Sprout at Purdue

    Some Purdue University students could graduate with more than a degree, but also a business idea built on new inventions using Indiana soybeans. A product that makes seeds stickier to tolerate erosion and a nutritional boost for popular bubble tea drinks—both developed from Indiana soybeans—were the top winners at a recent competition that challenges students to sprout big ideas from a humble bean. 

  • Lilly is reporting first quarter revenue of $5.7 billion, a 9 percent increase over the first quarter of 2017.

    Lilly Beats Expectations, Raises Guidance

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) is reporting first quarter net income of $1.2 billion, compared to a loss of $110.8 million during the same period the previous year. The company has also raised its full-year earnings per share and revenue expectations, driven in part by new products, including Trulicity, Taltz and Cyramza. Lilly is reporting first quarter worldwide revenue of $5.7 billion, which is a 9 percent increase over the first quarter of 2017.

  • IBRI Appoints Lechleiter to Board

    John Lechleiter has been added to board of directors of the Indiana Biosciences Research Institute in Indianapolis. The former chief executive officer of Eli Lilly and Co. (NYSE: LLY) also currently serves on the boards of Ford Motor Co., Indiana Economic Development Corp., Nike Inc. and United Way Worldwide. Lechleiter retired from Lilly in 2016. IBRI CEO Rainer Fischer says...

  • (Image courtesy of the Architect of the Capitol.)

    Federal Funds to Fight Opioids

    The U.S. Department of Health and Human Services has awarded nearly $11 million to the state of Indiana to combat the opioid crisis. The Opioid State Targeted Response grants were created by the 21st Century Cures Act. Indiana’s award is part of $485 million being distributed to all 50 states and four U.S. territories.

  • (Image courtesy of Zimmer Biomet)

    Zimmer Biomet Touts First Surgery of New Tibia

    Warsaw-based Zimmer Biomet Holdings Inc. (Nasdaq: ZBH) is touting the first surgical case for its Persona Trabecular Metal tibia. The surgery was performed in Idaho on March 20 after receiving FDA clearance in January, and approval in April. 

  • CEO Maggie Galloway says the company's technology is born out of a need identified by an emergency physician.

    Medical Device Startup Looking to Win Big

    A Jeffersonville-based medical device startup is looking to take home the top prize in a national startup venture competition. Inscope Medical Solutions, which produces a device designed to help trauma patients breathe, is one of eight finalists in the Louisville stop of the Rise of the Rest pitch competition. Inscope Medical has created the Inscope Direct, which is used to clear the airways of an emergency room patient so a breathing tube can be more easily administered.

  • (Image courtesy of Sigilon Therapeutics.)

    New Lilly Collaboration Could Grow by Hundreds of Millions

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has announced a collaboration with a Massachusetts startup initially valued at more than $63 million. The partnership with Sigilon Therapeutics Inc. involves development of potential type 1 diabetes treatments through an emerging biopharmaceutical research method. In addition to an undisclosed equity investment, Lilly could also pay Sigilon up to $410 million for reaching development and commercialization targets.

  • Paragon Medical is headquartered in "The Orthopedics Capital of the World," Kosciusko County.

    $375M Deal For Paragon Medical

    Tennessee-based NN Inc. (Nasdaq: NNBR) has announced plans to acquire a high-profile medical device manufacturer in Kosciusko County. The company expects the $375 million deal for Paragon Medical Inc. to close in the second quarter. NN is an industrial manufacturer of high-precision metal and plastic components and assemblies, according to its website. Richard Holder, chief executive officer of NN, says the acquisition fits perfectly with the company's plan to...

  • Zimmer Biomet Device Lands FDA Clearance

    Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) has received U.S. Food and Drug Administration clearance for a device used in shoulder reconstruction surgery. The medical device manufacturer says it has also completed the first surgical case using the Comprehensive Augmented Baseplate.

  • Cassidy (right) and Rupal Thanawala (second from right) lead a HBA luncheon on "The Power of Networking."

    Women’s Organization Aims to Grow Numbers, Influence

    An Indiana organization is embracing the momentum of the national movement to level the playing field for women in the workplace. Determined to create change in the Hoosier state, the Healthcare Businesswomen’s Association (HBA) Indiana chapter is working to increase membership, expand its reach and crank up the volume of the female voice in the local life sciences and healthcare industries. 

  • Photo courtesy: Centers for Disease Control and Prevention

    Science of Stress in The Workplace: Focus of Notre Dame Study

    More than 100 Hoosier workers are donning high-tech wearable devices so University of Notre Dame scientists can gather data that could—for the first time—help companies analyze productivity through a new lens. Sound a bit thorny ethically? 

  • Low co-founded the startup with his father, Dr. Philip Low, a well-known trailblazer in Indiana’s life sciences landscape.

    Novosteo Takes Aim at Elderly Hip Fractures

    Bone fractures are undesirable for any person, but a hip fracture is especially dangerous for elderly; one-quarter of patients will die from complications within a year. “That’s a little ridiculous this day and age,” says Purdue University researcher and Novosteo, Inc. co-founder Dr. Stewart Low. 

  • The Bioscience Innovation Building will be the first new construction on the campus in the last 25 years.

    Purdue Northwest Boosts Biological Sciences

    Purdue University Northwest (PNW) says it’s passionate about training students to pursue careers in the biological sciences and healthcare; PNW Chancellor Thomas Keon notes healthcare is the second-biggest economic driver in the region, but it’s been challenging to overcome the university’s dated facilities to train these future workers. 

  • (photo courtesy Techshot)

    Device With Indiana Ties Heading to Space Station

    A device created by Greenville-based Techshot Inc. is expected to launch next week to the International Space Station as part of the next SpaceX cargo resupply mission. The company says the device can conduct research in space at varying gravity levels by producing artificial gravity.

  • (Image courtesy of the state of Indiana.)

    Trade Mission Brings Out Big Names in Canada

    An economic development trip with the state's largest trading partner is putting Governor Eric Holcomb and the delegation he is leading in front of big-name Canadian leaders. The trip kicked off Monday with a meeting with Prime Minister Justin Trudeau, cabinet officials and business executives with companies that have ties to Indiana. The Indiana delegation also includes...

  • (Image courtesy of Zimmer Biomet)

    Zimmer Biomet Joins Federal Energy Effort

    Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) has joined the U.S. Department of Energy's Better Buildings, Better Plants program. The move means the company is committing to reducing energy intensity by 25 percent over the next 10 years. The medical device manufacturer's participation in the program also includes a water-reduction component. Zimmer Biomet in 2015 announced a goal to reduce its carbon footprint by 20 percent by 2020. Senior Vice President of Global Operations ...
  • (Image courtesy of World Trade Center Indianapolis.)

    Indianapolis Lands World Trade Center

    Indiana's emerging profile as a global business center is getting a boost. After more than a year of effort, organizers have received final license from the New York-based World Trade Centers Association to establish a World Trade Center in Indianapolis. "World Trade Center Indianapolis is going to be a conduit to the world for trade, trade services in particular," said former Marion County Clerk Doris Anne Sadler, who is serving as president of WTC Indianapolis.

  • Jerome Adams took office in 2017.

    Surgeon General Talks Indiana Opioid Crisis

    U.S. Surgeon General Jerome Adams, who served three years as Indiana's state health commissioner, says better partnerships are key to putting a dent in the opioid crisis statewide and throughout the country. In an interview with Inside INdiana Business, Adams said the combination of more federal dollars and a focus at all levels of government on "better health through better partnerships" is a good start toward getting a handle on the issue.

  • (photo courtesy Cook Group)

    Cook to Begin Work on GE Plant Renovations

    Bloomington-based Cook Group will Friday break ground on its newest facility, located on the site of the former GE refrigeration plant on the city’s west side. The company acquired the site in November and said the development would lead to 500 new jobs over the next 10 years. 

  • IoT Lab Opens With Eyes on Future

    The founder of the Indiana IoT Lab says the innovation and collaboration space is focused on an industry that will "future-proof" Hoosier businesses. John Wechsler says companies that are dialing into the Internet of Things are playing in a sector that is forecast to grow to $2.2 trillion. The facility Wednesday night hosted more than 700 at a grand opening event. Wechsler said some of the state's trademark industries will be "radically affected" by...

  • (Image courtesy of Eli Lilly and Co.)

    Derica Rice Joining CVS

    The former chief financial officer of Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has been named president of CVS Caremark. Derica Rice, who spent 27 years with Lilly, will take the helm of CVS Health Corp.'s (NYSE: CVS) pharmacy benefit management business next week. Rice's experience at Lilly included roles as...

  • (Image courtesy of Manchester University)

    New Manchester Degree Program 'Nation's First'

    Manchester University says a new program it is starting this summer will be the first of its kind in the country. Graduates will receive Doctor of Pharmacy and Master of Pharmacogenomics degrees. The university says the dual degree program will allow participants to share courses that apply toward both courses of study, creating cost savings.

  • Evansville-based Curvo Labs buys Mendenhall Associates

    Curvo Labs Purchases Orthopedic News Publisher

    Evansville-based Curvo Labs has announced the acquisition of Michigan-based Mendenhall Associates, who publish Orthopedic News Network. MAI will continue to operate as a wholly owned subsidiary, and Stan Mendenhall will serve as president.  

  • (Image courtesy of On Target Laboratories Inc.)

    On Target Laboratories Outperforms Funding Expectations

    West Lafayette-based On Target Laboratories Inc. says investors have chipped in more than previously anticipated. The company, headquartered in the Purdue Research Park, announced late last year the funding round led by Johnson & Johnson's venture capital arm would total $40 million. On Target Laboratories Chief Executive Officer Marty Low says contributions from H.I.G. BioHealth Partners, Elevate Ventures and Helsinn boosted the Series B round to nearly $44 million.

  • Lilly extends program for Type 1 Diabetes research

    Lilly Extends Diabetes Research Collaboration

    Eli Lilly and Co. (NYSE: LLY) will continue its fight against type 1 diabetes with the European Foundation for the Study of Diabetes and the Juvenile Diabetes Research Foundation. The entities have announced a research collaboration, that started in 2015, will continue through 2020.

  • (Graphic courtesy of BioCrossroads.)

    Study: Life Sciences Industry Tallies Increasing Impact

    Indiana's life sciences growth initiative has announced new figures showing the sector's economic impact is again on the rise. BioCrossroads says a report from the Indiana Business Research Center at the Indiana University Kelley School of Business pegs the industry's annual impact on the state at $78 billion. Nearly 55,700 jobs are tied to life sciences with a growing roster of companies that now number 1,689. BioCrossroads Chief Executive Officer David Johnson says...

  • (Image courtesy of B2S.)

    Biotherapeutic Company Details Franklin Expansion

    Franklin-based B2S Life Sciences LLC is planning to more than double its employee count. The biotherapeutic drug development company says it will invest $1.5 million into expanding and renovating its Johnson County facility. The additional laboratory space is slated to be complete in the summer. B2S currently employs 16 and its customers include large contract research organizations, pharmaceutical companies, smaller biotech businesses and startups. The new jobs are expected to pay...

  • The tiny device can be inserted into existing MRI machines. (photo courtesy Purdue University)

    Purdue Startup Aims to Increase MRI Efficiency

    A Purdue University-affiliated startup is developing a tool to allow medical professionals more effectively conduct MRI scans. MR-Link LLC's device, which is about the size of a quarter, would provide the opportunity to perform multiple imaging scans at once and record electro-physiological signals from patients.

  • IU Precision Genomics leaders cut the ribbon to open a new clinic inside the Simon Cancer Center in Indianapolis.

    Cancer Gets Personal at IU Health Precision Genomics

    A building doesn’t make a center, but the early and swift success of a young cancer treatment program at Indiana University Health demanded more space. IU Health Precision Genomics focuses on patients with late-stage cancer who have exhausted standard treatment options, and the program recently moved into a new center that is opening the door to more patients.

  • Seniors with Dementia Testing Safety Bracelet

    Wearable technology invented by a recent Indiana University graduate is helping provide peace of mind for 15 families in Bloomington. CareBand is a high-tech device, but its mission is simple: protect seniors who have dementia or Alzheimer’s disease from wandering into danger. 

  • The company expects to expand even more quickly as it develops a new rapid test for histoplasmosis.

    MiraVista Aims to Improve Testing for Misdiagnosed Infections

    Histoplasmosis isn’t top of mind for most people, but if you’re a Hoosier, it’s likely that you’ve had it. MiraVista Diagnostics Medical Director and President Dr. Lawrence Joseph Wheat says about half of people living in Indiana have had histoplasmosis, an infection caused by a fungus that can be found in soil containing large amounts of bird or bat droppings. 

  • The program provides up to 13 hours of credit at UE for students who would enter certain health sciences programs.

    UE Online Courses Help High Schoolers Jumpstart College

    The University of Evansville is expanding its curriculum for an unlikely audience: high school students. For the first time, high school juniors and seniors are taking certain UE courses online this semester to earn UE credit hours. 

  • (Image of Patricia Clark courtesy of the University of Notre Dame.)

    Notre Dame Research Could Uncover Infection Mechanism

    A University of Notre Dame researcher has been awarded a $1.1 million W.M. Keck Foundation grant designed to investigate the spread of deadly bacterial infections. The funding will support efforts to replicate in test tubes protein folding within cells, a complex process they hope to understand and find ways to stop. Professor of Biochemistry Patricia Clark and colleagues including...

  • IU Bloomington Awards Millions in Research Grants

    IU Awards Millions in Research Grants

    Two projects have received  millions in funding in the second round of IU Bloomington's Emerging Areas of Research program. The "Sustainable Food Systems Science" and "Center for Quantum Information Science and Engineering" initiatives have been awarded $2.5 million, and $3 million, respectively. 

  • Lilly Breast Cancer Treatment Lands Another Approval

    The U.S. Food and Drug Administration has given another approval for a breast cancer treatment developed by Indianapolis-based Eli Lilly and Co. (NYSE: LLY). The announcement marks the third FDA approval for Verzenio in five months. 

  • (Image courtesy of Endocyte)

    Endocyte to Begin Trial of Prostate Cancer Treatment

    West Lafayette-based Endocyte Inc. (Nasdaq: ECYT) is moving forward with its recently-acquired late-stage prostate cancer therapy. The company says it will soon begin a phase 3 trial for PSMA-617, which it says could potentially lead to an early approval of the treatment.

  • Governor Eric Holcomb Makes Appointments to State Boards, Commissions

    Governor Holcomb Makes Commission Appointments

    Governor Holcomb has announced several appointments and reappointments to various state commissions and boards. They include the Commission for Higher Education, Graduate Medical Education Board and State Board of Accountancy. 

  • (Image courtesy of Purdue University.)

    Purdue Improved Crop Storage Bags Reach Global Stage

    Some 30 years after inspiration struck for an economical way to prevent post-harvest losses from insects, a specially-designed bag system has reached global commercialization. Purdue Improved Crop Storage bags were invented by College of Agriculture professor Larry Murdock following a trip to Africa in the late-1980s. Murdock, associate professor Dieudonné Baributsa and a former Ph.D. student, Laurie Kitch, launched PICS Global Inc. to produce...

  • Cook Medical was founded in 1963 and has more than 40 specialties.

    Cook Details Major Realignment

    The president of Bloomington-based Cook Medical says changes to the company's organizational structure will drive more rapid technology innovation and continued growth. Cook is restructuring from 10 business units to two divisions, a move that will impact sales, marketing, research and development, and customer service teams. It will also establishing new distribution channel management and medical education teams. In an interview with Inside INdiana Business, Pete Yonkman said...

  • Study: Indiana Amish Gene Mutation Shows Longer Life Potential

    Northeast Indiana's Amish population is at the center of research that could help people live longer. Results from a 2015 study that were published late last year in the journal ScienceAdvances suggests those who possess a specific gene mutation, first identified in 1991 by the Indiana Hemophilia and Thrombosis Center in an Adams County girl with a rare bleeding disorder, live around a decade longer than normal. They also had lower insulin levels and diabetes rates.

  • (Image courtesy of the University of Notre Dame.)

    Study: Indiana a Life Sciences Stand-Out

    The author of a new report from a Washington D.C.-based science and technology think tank says Indiana "has done quite well" when it comes to creating a successful life sciences ecosystem. Information Technology and Innovation Foundation Senior Fellow Joe Kennedy says the sector -- which includes pharmaceutical, biotechnology and medical device and equipment companies -- was selected because new technology is showing great promise in reducing cost and increasing effectiveness.

  • Anthem made the list for the first time in 2018.

    Indiana Companies Among 'World's Most Ethical'

    Five Indiana-based companies are included among the "World's Most Ethical Companies." The companies on the list, compiled by the New York-based Ethisphere Institute, were selected based on criteria such as ethics and compliance programs, corporate citizenship and responsibility, and governance. 

  • (Image courtesy of Elanco)

    Elanco Agreement Focuses on Animal Gut Health

    Greenfield-based Elanco Animal Health has announced a new partnership with a team of agbiosciences researchers in Wisconsin. The global in-licensing agreement with Ab E Discovery involves technology focused on improving gut health of poultry. The technology is in the late stages of development and involves hens passing along anti-bodies to offspring through eggs. Under terms of the agreement, Elanco has the exclusive global rights for all animal species, but the initial focus will be...
  • Indiana-Connected Investors Boost South Bend's AgenDx

    South Bend-based AgenDx Biosciences Inc. has closed on a more than $1.5 million seed round of financing. Investors include Elevate Ventures, South Bend-based The Judd Leighton Foundation Inc., the University of Notre Dame and IrishAngels Inc., a Chicago-based investment group focused on funding for startups connected to the Notre Dame community. The early-stage company develops molecular diagnostics technology used in the treatment pancreatic cancer.

  • Brian Stemme is project director at BioCrossroads.

    Banner Year For Life Sciences VC

    BioCrossroads, the state's life sciences initiative, says Hoosier businesses in the sector received a record infusion from venture capital investors last year. The $107 million, Project Director Brian Stemme says, surpassed expectations and represents an $18 million increase from 2016. Indianapolis-based startup On Target Laboratories led the way with a $40 million investment from JJDC Inc., the venture capital unit of Johnson & Johnson (NYSE: JNJ).

  • (Image courtesy of Grace College.)

    New Grace College Program Draws on 'Vital' Connection

    The provost of Grace College in Winona Lake says the school's newly-launched mechanical engineering program will help with "large demand" across a number of industries. John Lillis says the three bachelor's degrees are designed to prepare graduates with "the most diversified set of applications" to enter the workforce in orthopedics and manufacturing-heavy Kosciusko County, northeast Indiana or beyond.

  • LoDos Theranostics says its therapy deploys low-energy ultraviolet light within the tumor to kill cancer cells.

    Purdue Startups Hit 'Gold' Status

    The Elevate Purdue Foundry Fund has awarded a total of $240,000 to three Purdue University startups. The funding from the joint venture between Indianapolis-based Elevate Ventures and Purdue Foundry gives the startups "Gold Award" investment status. 

  • The company's starting point is five types of lettuces and herbs, including arugula, basil, and specialty lettuces that aren’t commercially grown.

    Aggressively Organic Touts New Growing Method: ‘Lettuce’ Prove It

    An entrepreneur in Fishers says he’s familiar with skeptics, but intends to prove them wrong one head of lettuce at a time. Which, amazingly, grows indoors. In a cardboard “box.” With only 16 ounces of water for months.

  • On Target Laboratories raised the most VC money in 2017; its technology illuminates cancer cells during surgery.

    Indiana Life Sciences VC Funding Banks Highest Year Ever

    Venture capital funding in Indiana’s life sciences sector, including health information technology, hit an all-time high in 2017 at $107 million; it marks the second time in the last four years the total surpassed the $100 million mark. 

  • Kim's method relies on analyzing the color of the tiny blood vessels under the eyelid.

    IU Simon Cancer Patients to Test Cell Phone Anemia Detection

    Even in this era of modern technology, it seems unbelievable that a “selfie” of sorts could be used to make a medical diagnosis. But a Purdue University researcher believes his team is on the cusp of creating a mobile app that can detect anemia with just the click of a cell phone camera. 

  • Blazer-Yost says a failed hypothesis during her kidney research uncovered the potential treatment for hydrocephalus.

    IUPUI Research Could Change Treatment for Some TBIs

    The Department of Defense has tapped a team of researchers at IUPUI to lead a mission that is critical to the health of U.S. troops. The scientists are working to create a drug to treat hydrocephalus, a condition that often occurs after traumatic brain injury (TBI), which is an increased area of focus for the military due to its high rate of TBIs. 

  • Lilly Results Beat Estimates

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) is reporting a fourth quarter loss of $1.7 billion, compared to net income of $772 million in the same quarter a year earlier. However, when special items including recently-passed tax reform are accounted for, the company earned $1.2 billion, beating Wall Street estimates. The results, the pharmaceutical maker says, were also affected by more than $1 billion in charges mainly associated with a previously-announced...

  • The president of Innovative Health Solutions is Brian Carrico.

    Indiana-Made Opioid Symptom Device Gaining Traction

    A Versailles-based company that has developed what it says is the first medical device to treat opioid withdrawal symptoms is "very close" to receiving insurance approval for use in multiple states. Innovative Health Solutions Inc. President Brian Carrico says crossing the hurdles at the state level with the NSS-2 BRIDGE will help offset costs for the technology and procedure that could cost up to $1,500. During an interview in the Business of Health, Carrico said the device...
  • Zimmer Biomet Reports Major Profit Jump

    Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) is reporting full-year net income of $1.8 billion, up from $305 million the previous year. The medical device manufacturer says net sales for the year also increased 1.8 percent to $7.8 billion. 

  • (Picture Courtesy: The Union 525)

    Greenlight Guru Continues to Write Growth Story

    An Indianapolis-based company that makes quality management software for the medical device industry is beginning to bear the fruits of its investment. Greenlight Guru, which last year moved into The Union 525 downtown and announced plans to add up to 120 jobs by 2020, says nine of the new employees are slated to be added in the first quarter. The company, which currently employs 29, says total revenue doubled year-over-year.

  • IU Med School Sets Record For NIH Funding

    The Indiana University School of Medicine set a record for research funding from the National Institutes of Health in 2017. The school's $135 million in funding, a 13 percent increase over the previous year, makes it one of the top 33 NIH-funded medical schools in the nation. 

  • (Rendering of campus provided by IU Health Bloomington.)

    IU Health Center in Bloomington Will 'Up Our Game'

    An Indiana University Health Bloomington executive says the nearly $400 million IU Health Regional Academic Health Center will serve Monroe County and the region for the next 25-50 years. Michael Melby says the "most exciting development that happened in our journey" is Indiana University's Academic Health Sciences facility that will be integrated into the 735,000 square-foot facility.

  • (Image of groundbreaking ceremony courtesy of Indiana University.)

    Work Begins on $389M Regional Health Center

    Officials have broken ground on what Bloomington Mayor John Hamilton calls the largest single economic development investment in the city's history. The $389 million Indiana University Health Regional Academic Center will include a new Indiana University Health Bloomington Hospital and IU's health sciences and other related academic and research facilities. IU President Michael McRobbie says the center will usher in "a completely new era..."

  • (Image courtesy of Bankers Life Fieldhouse.)

    Organizers Detail STEM Fest 2018

    Conexus Indiana and the Indiana Pacers are teaming up on an event focused on science, technology, engineering and math career paths. STEM Fest 2018, set for February 11, will involve an "interactive journey" with mentors from local companies, universities and nonprofits. Students and their families will discuss future careers in sports and beyond that relate to STEM. STEM Fest will run from 11:00 a.m. to 1:00 p.m. at Bankers Life Fieldhouse. You can connect to more about ...
  • (Graphic courtesy of United Animal Health.)

    Rebranding For Heritage Hoosier Ag Business

    A well-known name in Indiana agbiosciences has changed its identity. Sheridan-based JBS United Inc. is now United Animal Health Inc., a brand the animal nutrition and health company says will differentiate it from any other company named JBS. "Our new name also keeps us connected to our heritage: United Feeds, the name we started with over 60 years ago. We are more focused now, than ever, on..."

  • Life Sciences Video

    • BioCrossroads Announces Watanabe Winner, New Seed Fund

      Indiana University Associate Vice President for Clinical Affairs Anantha Shekhar is the 2018 Watanabe Life Sciences Champion of the Year. BioCrossroads made the announcement today at its annual Life Sciences Summit in Indianapolis. Shekhar is leading the $120 million Precision Health Grand Challenges effort.

    • Roche Academy Developing Talent Pipeline

      Roche Diagnostics is thinking differently and more creatively to attract talent. This October, the Roche Academy will debut as a custom talent pipeline for biomedical equipment technicians.

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    • $25M Behavioral Hospital Coming to Central Indiana

      Danville-based Hendricks Regional Health is partnering with US HealthVest to develop a stand-alone behavioral center on the Hendricks campus in Plainfield. Known as the Indianapolis Behavioral Hospital, the facility will provide specialized inpatient and outpatient mental health care to patients of all ages.

    • How Managers Can Keep Millennials Happy

      There are more than 56 million Millennials either actively participating in the workforce, or searching for a job. With a number like this, it’s no surprise that Millennials have taken the workplace by storm. But what is surprising is how different this generation is from their predecessors. They rely heavily on technology and prefer to communicate via text or email rather than a traditional phone call. Managing millennial employees can be a challenge — how can executives...

    • Christel DeHaan to Retire as Christel House CEO

      One of the biggest names in philanthropy in Indiana is announcing her retirement. Christel House International Chief Executive Officer Christel DeHaan will remain board chair, but leave as CEO of the nonprofit she founded 20 years ago. The organization has named former Indianapolis Mayor Bart Peterson to be her successor. CHI's mission is to lift children out of poverty, and it has established learning centers at home in Indianapolis and abroad in Mexico, India, South Africa and...

    • Sturges, CBRE Splitting Up

      A long-time commercial real estate firm in Fort Wayne is going independent. CBRE | Sturges, which became affiliated with the global brand more than 20 years ago, will become Sturges Property Group at the end of this month. The firm was founded in 1975 and bills itself as largest full-service commercial and industrial real estate firm in the region. The shift, Sturges says, will...

    • Endocyte, Novartis Ink $2.1B Merger Agreement

      West Lafayette-based Endocyte Inc. (Nasdaq: ECYT) has announced a merger agreement with a global pharmaceutical giant. The deal with Switzerland-based Novartis AG is valued at $2.1 billion and still requires shareholder approval. Until regulatory and other approvals are met, Endocyte will remain independent. The proposed merger of Endocyte into Novartis is slated to be complete in the first half of next year. Endocyte develops targeted cancer therapies and earlier this...