EUA Expanded for Lilly COVID Combo Therapy

The U.S. Food and Drug Administration has expanded the Emergency Use Authorization for a combination therapy developed by Indianapolis-based Eli Lilly and Co. (NYSE: LLY) to treat patients with COVID-19. Lilly says bamlanivimab and etesevimab can now be used to treat certain high-risk pediatric patients from birth to 12 years old.... Read More

Union Health in ‘Conversations’ with Terre Haute Hospital

Terre Haute-based Union Health says it is in "preliminary conversations" with Terre Haute Regional Hospital, though details of the talks are unclear. In a letter to employees, obtained by our partners at WTHI-TV, the health system says the conversations about a "unique and historic opportunity."... Read More

Plastics Company Expands Elkhart Facility

Wisconsin-based Placon is celebrating the opening of its expanded medical facility in Elkhart. The Elkhart Truth reports the plastic packaging manufacturer has invested $11 million to construct the 42,000-square-foot addition and create up to 25 jobs.... Read More

Allen County Town Marking ‘Transformational’ Projects

The rural liaison for the NewAllen Alliance says this afternoon's ribbon cutting in Leo-Cedarville represents several transformational projects for the small Allen County town. Nearly $2 million in downtown revitalization projects have been completed this year, including one that was ... Read More

Former Visteon Plant Acquired

An affiliate of Wisconsin-based commercial real estate firm Phoenix Investors has acquired the former Visteon manufacturing plant in Connersville. Financial details are not being disclosed, though Phoenix says it has plans to renovate the the nearly 70-year-old facility.... Read More

Allen County Town to Celebrate ‘Stellar’ Project

Officials in Allen County will Thursday cut the ribbon on nearly $2 million in downtown revitalization projects in the down of Leo-Cedarville. The projects include a $1.2 million streetscape improvement effort that was made possible with funding from the Stellar Communities program.... Read More

Allegion Ventures Launches $100M Fund

Carmel-based Allegion Ventures has launched a $100 million investment fund. The corporate ventures arm of Ireland-based Allegion plc (NYSE: ALLE) says the fund was driven by the momentum created through its first fund, which was established in 2018. Bobby Prostko, who will serve as... Read More

Brownstown Company Moving to Industrial Park

An excavation and concrete business in Jackson County is making a big move. S&J Excavation and Concrete LLC, which previously operated out of the owners' home, plans to invest up to $1 million to set up shop at the Brownstown Industrial Park.... Read More

Metal Recycler Lands Major Funding

Fort Wayne-based Sortera Alloys has closed on a $10 million round of funding led by Breakthrough Energy Ventures in Washington. The company, which has developed a technology platform for the industrial recycling industry, says it will use the funding to scale operations and add jobs.... Read More