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Daniel Lee

Indianapolis Business Journal

Lilly to build $6B plant in Alabama in 3rd of 4 big U.S. investments

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

Lilly, IU sign clinical trial, research agreement worth up to $40M

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

Ascension St. Vincent names new CEO of Indiana network

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

IU Health prepares for huge increase in energy use with $4.3B hospital complex

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

Lilly rolling out direct-to-employer obesity drug coverage

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 to build rehabilitation hospital in Fishers

Encompass Health Corp. plans to build a freestanding 50-bed rehabilitation hospital in Fishers, the Birmingham, Alabama-based company announced Monday.... Read More

Butler names Hoosier doctor, military officer as second-in-command

Butler University on Thursday announced Dr. Michael Hole, a Stanford University-educated physician and U.S. Air Force Reserve officer who grew up in rural Indiana, as its next executive vice president and provost.... Read More

Lilly to open Gateway Labs site in Philadelphia

Eli Lilly and Co. said Wednesday it plans to open a new Lilly Gateway Labs site in Philadelphia, part of a broader effort to help foster biotech startups and innovations.... Read More

Franciscan Health to build $60M, 40-bed rehab hospital on south Indy campus

Franciscan Health Indianapolis this week announced plans to build a new $60 million, 40-bed inpatient rehabilitation hospital on its south-side campus to accommodate patients recovering from strokes, cardiac events, brain injuries and other medical issues.... Read More

Purdue heads clinical trial for new canine cancer treatment

The clinical trial, announced last month, focuses on Beverly, Massachusetts-based Akston Bioscience Corp.’s Ambifect immune-enhancing therapy, with Purdue researchers looking to enroll about 10 dogs.... Read More

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