• (Image courtesy of the Indiana University School of Medicine.)

    IU, OrthoWorx Collaboration Takes Flight

    A new partnership between the orthopedics industry and academia will target therapies for patients with musculoskeletal injuries or diseases. The collaboration among Indiana University, the Indiana University Research and Technology Corp. and AcceLINX, a business accelerator launched by Warsaw-based OrthoWorx, will focus on development and commercialization of technologies developed at the university. IURTC Chief Executive Officer Tony Armstrong says...

  • (Image courtesy of Endocyte)

    Endocyte to Join Key Nasdaq Index

    West Lafayette-based Endocyte Inc. (Nasdaq: ECTY) has been selected for addition to the Nasdaq Biotechnology Index. The biopharmaceutical company says the addition will become official Monday before the market opens. 

  • (Image Courtesy: Lilly Oncology)

    Lilly Cancer Treatment Falls Short in Study

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has announced it will not seek regulatory approval on another use for one of the key treatments in its cancer portfolio. In a late-stage study, CYRAMZA met its main goal of progression free-survival in patients with HER2-negative metastatic gastric or gastroesophageal junction adenocarcinoma, but did not improve a secondary endpoint: overall survival rate.

  • Bloomington Mayor John Hamilton says "the residents of Bloomington and Monroe County will be dealing with the effects of opioid addiction for the foreseeable future."

    Bloomington, Monroe County to Sue Opioid Makers, Distributors

    Monroe County and the city of Bloomington are the most recent Indiana municipalities taking on opioid manufacturers in court. Mayor John Hamilton says the lawsuit is "one of many avenues" the city and county are pursuing to address social and "significant financial burdens" caused by the opioid epidemic. Commissioner Amanda Barge says the suit aims to take opioid distributors and manufacturers "to task."

  • Lilly plans to present trial results at scientific meetings and publications this year and in 2016.

    Lilly Issues 2018 Guidance

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) is expecting low-single-digit revenue growth next year. In its 2018 financial guidance, the drugmaker is projecting revenue to be between $23 billion and $23.5 billion, driven by recently-launched products including Trulicity, Taltz and Cyramza. Lilly expects earnings per share for 2018 to be in the range of $4.24 to $4.34. The company is maintaining expectations for at least 5 percent average annual revenue growth from 2015 to...

  • (Image courtesy of Italpollina)

    Italpollina Boosting Anderson Commitment

    Just over a year after beginning construction on a more than $9 million North American headquarters in Anderson, Italy-based agbiosciences company Italpollina says it will build a science and technology park next to its Madison County operation. The company has not detailed the investment total or the construction timeline, but says it will specialize in the "very basis" of its development process -- sciences like phenomics and metabolomics. The park will include...

  • Bonnie Blazer-Yost is leading the research team at IUPUI.

    Grant to Fund IUPUI Study on 'Water on the Brain'

    A team of researchers from IUPUI is using a $1.8 million grant from the U.S. Department of Defense to study hydrocephalus and develop potential treatments. The university says the team is conducting a preclinical evaluation of drug compounds that could be used to treat the condition known as "water on the brain."

  • (Image courtesy of Eli Lilly and Co.)

    Lilly Treatment Gets FDA Approval

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) says the U.S. Food and Drug Administration has approved Taltz for the treatment of active psoriatic arthritis. The FDA last year approved the injectable treatment for adults with moderate-to-severe plaque psoriasis. The company says Taltz proved effective and safe during two Phase 3 studies involving more than 670 adult patients. Lilly says results from both studies showed patients treated with Taltz achieved...

  • Robinson's technology involves modifying Blu-ray players and discs.

    Blu-ray Cancer Detection Could Make Purdue Prof ‘Star of the Show’

    Blu-ray may not be for just watching movies anymore—a Purdue University researcher is confident it can also detect cancer. It’s a seemingly impossible leap from entertainment system to diagnostic, but the same technology—invisible to the naked eye—that puts movies on the screen could also detect tiny cancer particles that conventional lab equipment cannot. 

  • SonarMed says its device provides medical staff, for the first time, real-time monitoring of endotracheal tubes in babies.

    Device Helps Babies Breathe Easier

    SonarMed President and Chief Executive Officer Tom Bumgardner spends a lot of time in neonatal intensive care units (NICUs) and says the tiny patients sometimes fit in the palm of your hand. 

  • Yassen says his gel protects stem cells that conventional solutions destroy.

    IU School of Dentistry Makes Gel to Improve Root Canals

    Just the thought of a root canal makes many shudder, but perhaps even more terrifying is a repeat root canal if the first one wasn’t effective. A researcher with the Indiana University School of Dentistry says he’s developed a gel that could increase the effectiveness of root canals. 

  • Precision Medical Technologies has an implants division in Warsaw and an instrumentation division in Rome City.

    Ortho Manufacturer Expanding in Wabash County

    North Manchester-based Precision Medical Technologies plans to launch an operation to produce disposable surgical instruments in Wabash County. The orthopedic technology contract manufacturer says it will invest nearly $5 million and add up to 60 jobs over four years. Precision Medical Technologies has existing facilities in Warsaw and Rome City. The company currently employs 140 in Wabash and Noble counties and plans to start hiring positions in...

  • The annual research expenditures of Notre Dame total $191 million.

    Report Examines the Business of University Research

    Corporate giants like Eli Lilly and Company, Dow AgroSciences or Roche Diagnostics are likely top of mind as major players in Indiana’s life sciences economy. However, viewing the state’s three research universities as a single entity uncovers an equally powerful giant in Indiana. 

  • Lechleiter (pictured far right) was part of a panel on "Creating Collisions by Crossing Sector Lines" at the summit.

    Lechleiter: Agbioscience 'Parts and Pieces' in Place

    Former Eli Lilly and Co. (NYSE: LLY) Chief Executive Officer John Lechleiter says Indiana has all the tools it needs to be an agbiosciences leader, including heritage, strength in education, life sciences and logistics and an invested state government. Lechleiter was part of a panel on "crossing sector lines" at today's Agbiosciences Innovation Summit in Indianapolis. He says the key is getting all of those players to part with their "narrow self interests" and...

  • Cook Group in Bloomington is one of the largest life sciences companies headquartered in the state.

    Cook Group Completes Acquisition of Former GE Plant

    Bloomington-based Cook Group Inc. has completed the purchase of the former GE refrigeration plant site on the city’s west side. The company says the property will help accommodate its growth and lead to 500 new jobs in the Monroe County city over the next 10 years. Cook Group announced plans to acquire the property in September, along with the $950 million sale of its Cook Pharmica business to New Jersey-based Catalent Inc. (NYSE: CTLT). President Pete Yonkman says...

  • LOOK (pictured) and Junior Tube are among 25 semifinalists for a NASA-led competition.

    Indiana Entries Advance in NASA Competition

    Indiana companies are in the mix for a NASA initiative designed to address key issues on Earth and potentially help clear technological hurdles in space. Lafayette-based Junior Tube and LOOK, which develop apps that search for and organize age-appropriate online teaching and learning videos, and Green Fortress Engineering, a Greensburg-based hydrogen storage company, are among 25 semifinalists for this year's NASA’s iTech competition. Finalists will be announced December 18.

  • U.S. Attorney Josh Minkler announced the charges related to former Pharmakon executives in June. (photo courtesy WTHR)

    Federal Sentencing Awaits Former Pharmakon Exec

    The former compliance director of now-defunct Pharmakon Pharmaceuticals Inc. in Noblesville has pleaded guilty to multiple federal charges. The Office of United States Attorney for the Southern District of Indiana Josh Minkler says Caprice Bearden will be sentenced at a later date for alleged crimes that include introducing adulterated drugs into interstate commerce and conspiracy to defraud the U.S. If convicted, the combined charges carry a maximum jail sentence of...

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

    Medical Device Company Details Growth Plans

    Versailles-based Innovative Health Solutions Inc. has announced plans to expand operations. The medical device company will invest nearly $500,000 to move into a larger office in Carmel and create 30 jobs, while maintaining its headquarters Ripley County. The announcement comes less than a week after IHS received clearance from the U.S. Food and Drug Administration for its NSS-2 BRIDGE device, which is designed to help treat the symptoms of opioid withdrawal.

  • Outpost Medicine was launched in 2016.

    Funding Grows For Indy-Connected Biopharma Company

    A biopharmaceutical company with offices in Indianapolis and London has announced a $20 million boost to a Series A round of financing. Outpost Medicine, which focuses on treating urologic and gastrointestinal disorders, says Scott Byrd will succeed co-founder David Socks as president and chief executive officer. Socks, who also serves as a venture partner with one of Outpost's key VC providers, Frazier Healthcare Partners, will remain on the board of directors.

  • (photo courtesy Innovative Health Solutions)

    Opioid Withdrawal Treatment Lands FDA Clearance

    The U.S. Food and Drug Administration has given clearance for a medical device developed in Indiana to help treat symptoms of opioid withdrawal. The device, known as the NSS-2 BRIDGE, was created by Innovative Health Solutions Inc. in Versailles.

  • (Image of Gebisa Ejeta courtesy of Purdue University.)

    Purdue Researcher Lands $5M From Gates Foundation

    The Bill and Melinda Gates Foundation is supporting Purdue University research to find stronger and more versatile sorghum varieties for African farmers. The $5 million grant is the second grant from the foundation secured by Purdue Center for Global Food Security Director Gebisa Ejeta. He previously led a team that identified a gene and biological processes that control resistance to a parasitic weed dangerous to sorghum and other crops.

  • DWD Testing Digital Job Fairs

    The Indiana Department of Workforce Development will Wednesday kick off the first two trial digital job fairs in Jasper and Warsaw. The department says it is looking to use an online format that will lessen time, scheduling and travel conflicts for both job seekers and employers. A third digital job fair will take place Thursday in Elkhart.

  • Sterrett says the scouts are working to reach outside of "traditional scouting thinking."

    Indiana Scout Leader Taking National Position

    Growing Boy Scout membership and updated programming in central Indiana has caught the attention of the national scout organization. Patrick Sterrett, who is currently scout executive for the Crossroads of America Council, has been promoted to the number two position with the Boy Scouts of America. Sterrett says growing programs like STEM Scouts are helping to build soft skills like teamwork and experimentation that Indiana employers want in talent. During a Studio(i) interview...

  • Lilly Promotes Johnson to Treasurer

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has appointed Philip Johnson senior vice president of finance and treasurer. Johnson, who currently serves as vice president for investor relations with Lilly, will begin his new role in January. 

  • The Agbiosciences Innovation Summit will take place this year from 9:00 a.m. - 6:30 p.m. on November 29 at the JW Marriott in downtown Indianapolis.

    Lineup Announced For Agbiosciences Summit

    The state's food and agriculture innovation initiative, AgriNovus Indiana, has announced the 2017 Indiana Agbiosciences Innovation Summit lineup. The November 29 program highlighting research advancements and industry convergence will feature speakers including Governor Eric Holcomb, Indianapolis-based Eli Lilly and Co. (NYSE: LLY) Chairman Emeritus John Lechleiter and Inside INdiana Business host Gerry Dick. Chief Executive Officer Beth Bechdol says...

  • (Image courtesy of Endocyte)

    Despite Loss, Endocyte Touts 'Transformative' Quarter

    West Lafayette-based Endocyte Inc. (Nasdaq: ECYT) is reporting a third quarter net loss of $23.3 million, compared a net loss of $8.7 million a year ago. Despite the widening loss, Chief Executive Officer Mike Sherman says the three-month period has been "transformative" for Endocyte, noting progress and new developments he expects will pay off in the future.

  • Medical Device Company Growing in Columbia City

    A Columbia City-based medical device manufacturer has announced plans to expand operations in Whitley County. Micropulse Inc. will invest $5.5 million to boost its machining and inspection capacity, creating 25 jobs. 

  • (Image courtesy of Eli Lilly and Co.)

    Lilly's Work Force Reduction Plans Remain 'on Track'

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) says approximately 2,300 U.S. employees have taken voluntary early retirement. The buyouts relate to the company's previously-announced global reduction plans, which Lilly says are "on track" to meet its 3,500-position target. Lilly is looking to save some $500 million in 2018 through the streamlining process. Lilly had initially expected 2,000 U.S. employees to participate in the voluntary early retirement program.

  • Zimmer Earnings Dip in 3Q

    Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) is reporting third quarter net earnings of $98.8 million, compared to $158.8 million during the same period last year. Interim Chief Executive Officer Daniel Florin says the "challenged" results are a reflection of factors including softened domestic market conditions. He adds "while we are not satisfied with our overall performance during the quarter, we remain confident in the Company's dedicated s...

  • Eco-Tek created and sells equipment that converts manure into dairy bio-fiber. (Photo courtesy: National Dairy Council)

    Lafayette Startup Turning Poop Into Profit

    A Lafayette company is using cow manure to make products for the agriculture industry. Eco-Tek LLC founder and President Roland Kessler says the company runs manure through a biological process and ultimately turns it into natural bedding for dairy farmers and potting mix for horticulture operations. Kessler, a respiratory therapist and paramedic before becoming an entrepreneur, says Eco-Tek is working with the Purdue Foundry to find investors and distribution opportunities.

  • The school says the project is necessary because nearly 60 percent of entering freshmen are pursuing a STEM-related degree.

    Purdue Planning Major Lab Project

    Purdue University has announced plans to build what would be the campus' first new facility dedicated to teaching labs in nearly 50 years. President Mitch Daniels calls the building, which would upgrade biology and chemistry facilities, "the single most important project that we are considering." The school says the project is necessary because nearly 60 percent of entering freshmen are pursuing a STEM-related degree, and every student must take science courses. "...

  • Life Sciences Video

    • Ascus Biosciences Pioneering an Emerging Science

      Indianapolis tech start-up Ascus is pioneering an emerging science, Endomicrobial Ecology, that uses a natural approach to improve animal health and performance. It’s being driven by former Elanco VP of Global Research and Development William Weldon. Endomicrobial Ecology harvests the natural microbiota that already exists in an animal’s system. The research is driving the science behind Ascus’ first product which will launch in Argentina in 2018.

    • Ethanol Industry Key Economic Driver in Indiana

      The chief executive officer from one of the country's foremost biofuel trade associations, says the ethanol industry is a "big part" of the state's economy. Indiana is the nation's fifth largest producer of ethanol, a renewable, earth-friendly biofuel made from feedstock, primarily corn. Inside INdiana Business talks to Growth Energy Chief Executive Officer Emily Skor about the economic and environmental benefits of using ethanol fuel. 

    More

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.

  • Most Popular Stories

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