• (Image courtesy of Elanco)

    Elanco, Gates Foundation Pair-up in East Africa

    Greenfield-based Elanco Animal Health has landed a grant of nearly $2.9 million from a big-name source. The Bill & Melinda Gates Foundation is supporting the company's animal health and productivity initiatives for subsistence cow and chicken farmers in Kenya, Uganda and Tanzania. Elanco Global Leader of Corporate Responsibility Noel Paul says the grant supports Elanco's cause-driven missions, engages employees and could have benefits on the business side.

  • IHIF CEO Kristin Jones is pictured on the left with SLA CEO Scott Johnstone.

    Hoosier, Scottish Organizations Sign Life Sciences MOU

    The Indiana Health Industry Forum has announced an international partnership. The organization has inked a Memorandum of Understanding with its counterpart in Scotland, the Scottish Lifesciences Association, which will involve sharing member benefits. IHIF says Scotland's life sciences cluster is similar to Indiana's. It considers the European Union nation a "key international partner." IHIF Chief Executive Officer Kristin Jones says...

  • (Image courtesy of Lilly Endowment Inc.) Organizations supported in 2016 by Lilly Endowment include CANDLES Holocaust Museum and Education Center in Terre Haute, which was founded by Holocaust survivor Eva Kor.

    Lilly Endowment: Grant Awards Rise, Assets Dip in 2016

    Indianapolis-based Lilly Endowment Inc. has released its annual report. The foundation says it awarded grants totaling $452.8 million in 2016, compared to $435.5 million in 2015. Lilly Endowment's total assets from year-to-year dipped to $10.3 billion last year from $11.8 billion in 2015. The report shows 46 percent of grants received were for community development, 33 percent were for religious organizations and 21 percent went to educational initiatives.

  • Earlier this month, Lutheran Health Network announced a planned $500 million investment in its local facilities.

    Lutheran Parent Rejects $2.4B Acquisition Offer

    The parent company of Lutheran Health Network in Fort Wayne has rejected a $2.4 billion offer from a group of 10 Fort Wayne physicians to acquire the system. Tennessee-based Community Health Systems Inc. (NYSE: CYH) says the offer undervalues Lutheran by at least $1 billion. Community Health Systems has raised other issues as well, saying the physicians have not signed a non-disclosure agreement under which negotiations could occur.

  • EasyDial expects to begin Porter County operations in 2018.

    Porter County Lands Med Tech Expansion

    A California-based medical device manufacturer has announced a big investment in Porter County. EasyDial, which makes portable hemodialysis machines, has broken ground on a more than $21 million production facility in Chesterton, which it says will result in nearly 100 new jobs. The company says the new facility will be equipped to produce 1.3 million units by 2020 for patients throughout the United States.

  • (Rendering provided by Franklin College)

    Franklin College Science Center to Serve 'Future of Industry'

    Franklin College will hold a groundbreaking ceremony Thursday on what President Tom Minar says will be a "cultural magnet" for students from STEM fields and beyond. The $17 million project involves gutting the current, 90-year-old Barnes Hall and nearly doubling the space with an addition that will create the Franklin College Science Center. Minar says graduates and interns from Franklin science programs will serve Hoosier businesses of all sizes.

  • (Image courtesy of Indiana University.) Mark Kelley has three decades of experience as a cancer researcher.

    IU Research Targets Chemo Side Effects

    A $2.9 million National Cancer Institute grant will support Indiana University School of Medicine research into some of the negative side effects of chemotherapy. Pediatric Oncology Professor Mark Kelley was awarded the funding to investigate chemotherapy-induced neuropathy, which currently has no effective treatment or prevention. Previous efforts by Kelley and colleagues have shown some promise.

  • BASi was founded in West Lafayette in 1974.

    BASi Profit Swing Continues

    West Lafayette-based Bioanalytical Systems Inc. (Nasdaq: BASI) is reporting fiscal second quarter net income of $417,000, compared to a net loss of $254,000 during the same period the previous year. Chief Financial Officer Jill Blumhoff says the swing to profitability is largely due to an improved top line performance and focus on cost controls.

  • Lilly Touts Results of Migraine Treatment

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) says three Phase 3 studies of a treatment for episodic and chronic migraine have met with success. The pharmaceutical giant says the studies of galcanezumab showed "statistically significant reductions" in migraines among the participating patients.

  • The company specializes in precision medicine and molecules.

    Endocyte Loss Widens

    West Lafayette-based Endocyte Inc. (Nasdaq: ECYT) is reporting a first quarter net loss of $11.5 million, compared to a net loss of $10.2 million during the same period the previous year. The company says the loss is largely due to an increase in research and development expenses.

  • Micronutrients has operations in Indianapolis and, soon, New Castle.

    Agribusiness Company Investing $30M in New Castle

    A Dutch-owned animal feed additive company is planning to invest around $30 million into a new manufacturing plant in New Castle. Micronutrients USA, which was founded more than 20 years ago in Indianapolis, says the facility will lead to 50 new jobs by 2020. The company plans to break ground later this year and the Henry County operation is expected to launch by the middle of 2019. Micronutrients USA currently employs 150 at its Indianapolis facilities.

  • Pescovitz to Lead Oakland University

    The board of trustees for Oakland University in Michigan has tapped the senior vice president and U.S. medical leader for Lilly Bio-Medicines at Eli Lilly and Co. (NYSE: LLY) to become the university's new president. Ora Hirsch Pescovitz will begin her new role in July.

  • (photo courtesy Muncie-Delaware County Economic Development Alliance)

    Ball State Details Tuition Increase, Building Projects

    Ball State University's board of trustees says it will adopt a 1.25 percent tuition increase, which the school says is its lowest increase in more than 40 years. The university also says it will move forward with the $87.5 million STEM and Health Professions Facility expansion project after state funding approval.

  • Life Sciences Company Lands Financing

    Carmel-based FAST BioMedical Inc. has secured $8 million in new financing. The medical technology company says the funding will be used primarily to advance clinical trials, hire additional talent and advance its global patent portfolio.

  • Tina Peterson is the interim CEO of Regional Opportunity Initiatives Inc.

    ROI Looking to Boost Regional Work Force

    The interim chief executive officer of Bloomington-based Regional Opportunities Initiative Inc. says the results of three assessments show the importance of providing a skilled work force for key employment sectors in southwest central Indiana. Tina Peterson says the reports indicate companies are having a difficult time attracting and retaining top talent in advanced manufacturing, life sciences and defense.

  • Zimmer Biomet Nearly Triples Profit

    Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) is reporting first quarter net income of $299.4 million, up from $108.8 million during the same period the previous year. Chief Executive Officer David Dvorak says the growth is consistent with the company's expectations.

  • Roseguini uses warm water to apply constant heat to the legs and promote increased blood flow.

    Astronaut ‘Space Pants’ Show Promise for PAD Patients

    Special garments designed to keep astronauts cool while performing demanding spacewalks could help patients here on Earth, says a Purdue University researcher. 

  • Startup to Sell Liquid Bandage Made From Corn

    A group of recent Purdue University graduates believes shoppers will soon have a new option in the Band-Aid aisle at niche stores like Whole Foods, Trader Joe’s and Fresh Thyme. 

  • David Johnson, Claire Fiddian-Green, Dr. Paul Halverson and Bryan Mills (left to right) lead a panel discussion at a recent Frameworx.

    Leaders Issue ‘Wakeup Call’ for Businesses to Battle Poor Health

    Business and public health leaders are sounding the alarm and issuing a battle cry to address Indiana’s poor health. The strategy calls for the private sector to have a reality check of sorts and help lead the charge in improving Hoosiers’ health.

  • The facility’s namesake, the late Dr. Dane Miller, was co-founder and 39-year president and chief executive officer of local orthopedic giant Biomet, now Zimmer Biomet.

    Grace Grows Science, Ag to Complement Local Industries

    Grace College in northern Indiana is taking a leap forward in two areas it says are of great importance in the region. Surrounded by a strong agricultural presence, the school is adding an agribusiness degree program, and a new science facility acknowledges Grace’s connection to the local orthopedic sector and aims to prepare graduates for cutting-edge science careers. 

About Life Sciences INdiana

Life Sciences INdiana features news surrounding the growth, success and excitement in the state’s life sciences industry. The monthly publication covers the entire spectrum of the sector, from early research and startup companies to the latest happenings at established corporations. Life Sciences INdiana is published through a collaboration among Inside INdiana Business, BioCrossroads, AgriNovus and Indiana University. The complimentary publication is part of the special projects unit of Grow INdiana Media Ventures LLC, the parent company of the Inside INdiana Business brand of business news products.

  • Perspectives: Life Sciences

    • The Growth of IoT in Agriculture

      One of the oldest human trades is farming. Since the dawn of civilization, a need for regular, stable food production has been a staple of society. Today, agriculture is responsible for over $130 billion of our gross GDP in America. 

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