Lilly Partnering with Canadian Pharma Company

Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has inked a research and collaboration agreement with Entos Pharmaceuticals in Canada. Lilly says the deal will support the development of therapies for multiple neurologic conditions.... Read More

Study: Homeownership Decreases in Marion County

A new report from the Fair Housing Center of Central Indiana says homeownership in Marion County has declined 11% over the past decade. The nonprofit adds while mortgage applications are at their highest levels since the Great Recession, the county continues to see "dramatic lending disparities," particularly due to race and ethnicity.... Read More

Merck to Acquire Indy Company in $780M Deal

A Hoosier biopharmaceutical contract development and manufacturing organization will soon be under new ownership. Germany-based Merck KGaA has announced plans to acquire Exelead, headquartered in Indianapolis, in a $780 million deal. Merck ... Read More

Indianapolis Prize Boosts Finalist Awards

The finalists for what is considered the most prestigious award in animal conservation will now receive larger monetary awards. The Indianapolis Prize says the finalists will each receive $50,000 instead of the previously-awarded $10,000, thanks to a grant from Indy-based Lilly Endowment Inc.... Read More

Autonomous Challenge Winner Launches Spinoff Company

The winner of the inaugural Indy Autonomous Challenge has launched a spinoff company. TUM Autonomous Motorsport, the team from Technische Universität München in Germany, says driveblocks aims to develop a platform for fully autonomous vehicle applications.... Read More

Lawsuit Over Casino Operator Selection Dropped

The path toward a new casino in Terre Haute appears to now be clear. Our partners at WTHI-TV report Las Vegas-based Full House Resorts Inc. (NASDAQ: FLL) has dropped its lawsuit against the Indiana Gaming Commission over its selection of Churchill Downs Inc. (Nasdaq: CHDN) as the casino's operator.... Read More

Lawsuit Against Virtual Schools Goes to Court

A lawsuit filed last year by Indiana Attorney General Todd Rokita against a group of virtual schools will be heard in court today. Our partners at WFYI report the Hamilton County Superior Court will hear arguments in the case, in which the state accuses three online schools, along with related companies and people, bilked the state out of millions of dollars in funds.... Read More