Corteva Inc., the Indianapolis-based seed and insecticide giant, is buying Stoller Group, a Houston company that makes plant hormones, nutrients and microorganisms, for $1.2 billion. The two companies say they have signed a definitive agreement for the deal.... Read More
Corteva Inc., the Indianapolis-based seed and insecticide giant, is cutting roughly 1,000 workers as it reduces its portfolio of products and streamlines operations. A spokesperson declined to say how many jobs would be impacted in Indy.... Read More
Fifty-five Indiana hospitals will get docked more than $8 million in total from the federal government for having too many Medicare patients return for care within a month of discharge. The number is down from 62 hospitals last year. ... Read More
Around Indiana and the nation, a shortage of pharmacists is causing hospitals, drugstores, grocery stores and mass merchandisers to flood job boards with postings. Many are offering six-figure starting salaries,... Read More
It was supposed to be a “good-news” day for Indianapolis-based biotech Point Biopharma Global Inc. Instead, the company saw its stock get battered Monday, losing as much as 38% of its value, after it released a pair of announcements.... Read More
Carmel-based MBX Biosciences Inc. said Monday it has closed on $115 million in funding to help advance the development of therapeutics to treat rare endocrine disorders. The amount is one of the largest in recent years for an Indiana-based science startup.... Read More
Shares of Eli Lilly and Co. fell as much as 6% Tuesday morning after the Indianapolis-based drugmaker trimmed its full-year profit guidance, citing unfavorable exchange rates and expenses associated with acquisitions.... Read More
A California biotech startup that is developing specialty cancer drugs plans to open a research and development site on the northwest side of Indianapolis and hire 64 people.... Read More
In a significant expansion of their longstanding collaboration, Eli Lilly and Co. plans to give Purdue University $92.5 million for research on drug development and for undergraduate scholarships for pharmaceutical manufacturing.... Read More
For years, environmentalists and public officials have urged AES Indiana to stop burning coal at its largest and dirtiest power plant, the Petersburg Generating Station in southwest Indiana. Now, it appears that the utility is getting ready to do just that.... Read More
