Indiana’s life sciences companies landed $5.5 billion in capital and investments last year from all sources, down 19% from a year earlier. That figure includes funds raised through venture capital and other sources, according to a report by BioCrossroads.... Read More
More than four years after the start of the COVID-19 pandemic, many Indiana hospitals are still barely breaking even and their financial viability remains at risk, according to a report released Thursday morning by the Indiana Hospital Association.... Read More
Eli Lilly and Co. said Tuesday that “exceptionally strong demand” for diabetes drugs Mounjaro and weight-loss drug Zepbound helped push first quarter profit up 67%, but warned that it expects tight supplies of both drugs to continue.... Read More
One of Indiana’s largest ear-nose-and-throat medical practices was hit by a cyberattack in February that potentially compromised the private health information and billing records of more than 316,000 patients and employees.... Read More
Buildings are starting to spring up at Eli Lilly and Co.’s construction site in Boone County, where the Indianapolis-based drugmaker is spending $3.7 billion to build a manufacturing campus to help turn out more medicines.... Read More
Indianapolis-based NICO Corp. recently wrapped up a large clinical trial that tested the company’s minimally invasive tools and technology for brain surgery in patients with hemorrhagic stroke. What NICO is doing is trying to shift the way surgeons treat...... Read More
A new blood test being developed through a collaboration between Roche Diagnostics and Eli Lilly and Co. has been granted a breakthrough device designation by the U.S. Food and Drug Administration. The designation is intended to speed development and...... Read More
If the toughest part of starting a new company is raising money, then Jay Shah and Vivek Ganesh have won plenty of believers with their new wearable epilepsy-monitoring device. Their company, Indianapolis-based Neurava Inc., raised $2.26 million in an...... Read More
Duke Energy Indiana, the state’s largest electric utility, is asking state regulators for permission to raise rates about 16% over two years. The company filed a rate request Thursday with the Indiana Utility Regulatory Commission in a move that would...... Read More
Community Health Network is planning a major expansion of its cancer center on the south side of Indianapolis, a move that will nearly double the size of the outpatient facility. The Indianapolis-based hospital system is proposing to build a...... Read More
