The Purdue Research Foundation said Wednesday it has received more than $100 million from Owl Rock in New York for a portion of its royalty interest in the prostate cancer drug Pluvicto. Purdue plans to use the funding to further support research at the university.... Read More
A new coworking space will open this summer in the $10 million Novaparke Innovation and Technology Campus in Floyd County. The business park is partnering with The Root in New Albany to establish the space, which will be spread across two buildings.... Read More
Florida-based L3Harris Technologies has inked a contract with Mitsubishi Electric Group to build imaging and sounding instruments for the Japan Meteorological Agency. The company says it will manufacture the instruments at its Fort Wayne facility.... Read More
In an effort to return to profitability, Fort Wayne-based Vera Bradley Inc. (Nasdaq: VRA) is looking to cut another $12 million in costs, the company announced Tuesday. As part of the effort, Vera Bradley plans to eliminate 25 corporate positions.... Read More
A new ranking from the National Academy of Inventors shows Purdue University has moved up one position to No. 5 in the world for the U.S. utility patents. The Purdue Research Foundation received 192 patents from the U.S. Patent & Trademark Office in 2022.... Read More
Ohio-based Range USA has opened its new store in Mishawaka, the company's fifth in Indiana. Financial details were not disclosed, but the company said the indoor gun range and retail store will ultimately employ up to 30 full-time and part-time employees.... Read More
The electric vehicle supply chain is continuing to grow in Kokomo. South Korea-based Jaewon Industrial plans to invest $102 million to build a chemical recycling operation in the Howard County city and create up to 100 jobs by the end of 2024.... Read More
Purdue University and the Purdue Research Foundation have launched a new system to strengthen the commercialization and entrepreneurship foundation the university has built over decades. Purdue Innovates is a network of resources designed to streamline...... Read More
Companies looking to do business with the new Terre Haute Casino Resort will have an opportunity on Wednesday to pitch their ideas to officials with Churchill Downs. The casino is looking for services such as marketing, landscaping, and food products.... Read More
As business growth and interest in doing business increases in Boone County with the planned LEAP Innovation and Research District, demand for housing is also on the rise. Realtor Greg Cooper says developers are struggling to meet demand.... Read More
