In cycling parlance, a solo breakaway is a risky move during which a lone bike racer surges ahead of the pack to face headwinds and perhaps a shot at glory alone. Such a story is developing in the U.S. bicycle industry with Seymour-based Guardian Bikes.... Read More
Indiana Attorney General Todd Rokita has filed lawsuit against Eli Lilly and Co., alleging that the Indianapolis-based drugmaker participates in a scheme with other insulin manufacturers and pharmacy benefit managers to inflate insulin prices.... Read More
Elevance Health is ending the year in a battle with hospital and physician groups over the health insurer’s planned policy change, effective Jan. 1, that would cut hospital reimbursement by 10% if an out-of-network provider is involved with care.... Read More
Eli Lilly and Co. on Thursday released Phase 3 trial results for its highly anticipated GLP-1 pill orforglipron, which they said outperformed a placebo when taken for weight-loss maintenance after using injectable forms of the weight-loss drugs.... Read More
Eli Lilly and Co. has announced plans to spend more than $6 billion on a new manufacturing plant in Huntsville, Alabama, that will produce small-molecule and peptide drugs, including the company’s highly anticipated GLP-1 oral medication, orforglipron.... Read More
Eli Lilly and Co. and Indiana University have announced a new agreement that would see the company to provide up to $40 million over five years to the university to bolster clinical trials and enhance care and research focused on Alzheimer’s disease.... Read More
St. Louis-based nonprofit health system Ascension on Monday named Don King as its CEO for Ascension St. Vincent in Indiana, where he will oversee a network comprising more than 15,000 employees at 19 hospitals and more than 300 sites of care.... Read More
Officials from the Indianapolis-based health care system are preparing for a sharp, yearslong rise in energy use at their $4.3 billion hospital expected to open in late 2027, much higher than power needs at their current Methodist and University hospitals.... Read More
The Indianapolis drugmaker said the coverage would be administered by third-party administrators to provide employers “transparent, flexible cost-sharing options” for their workers and others covered by their health plans.... Read More
Encompass Health Corp. plans to build a freestanding 50-bed rehabilitation hospital in Fishers, the Birmingham, Alabama-based company announced Monday.... Read More
