Fishers biotech firm lands additional FDA approval

An Australian biotech company that has its U.S. headquarters in Fishers has received additional approval from the U.S. Food and Drug Administration. Telix Pharmaceuticals says its lead prostate cancer imaging product, Illuccix, is now authorized to...... Read More

Supply chain company to set up shop in Warsaw

A supply chain management company headquartered in Singapore is establishing operations at the Warsaw Technology Park. Mentor Media plans to invest nearly $7 million to occupy a portion of a shell building and create nearly 50 jobs over the next three years.... Read More

IU med school shuts down research project

The IU School of Medicine has terminated a research project involving surgery on live pigs after officials discovered the laboratory workers were using expired surgical supplies. It was unclear exactly what the medical school was researching under the project.... Read More

Fishers medtech startup lands more funding

Fishers-based Recovery Force Health said Thursday it has closed on a $1.25 million round of funding. The company has developed an FDA-cleared wearable compression device for hospital patients designed to prevent deep vein thrombosis. ... Read More

IU startup develops blood test to signal anxiety

An Indiana University-affiliated startup says it has developed a blood test for anxiety.  Indianapolis-based MindX says the test examines biomarkers that can help them objectively determine someone’s risk for developing anxiety, the severity of their current case and which therapies would best treat their anxiety.... Read More

Fortville plastics welding company acquired

A contract manufacturer in Hancock County that specializes in radio frequency welding and heat sealing is under new ownership. Wisconsin-based Vonco Products has acquired Genesis Plastics Welding in Fortville, though financial terms are not being disclosed.... Read More

Record year of life sciences exports

New data shows Indiana continues to lead the nation in life science products exports, including pharmaceuticals, medical devices, and agbiosciences. BioCrossroads, Indiana’s initiative to grow the life sciences sector, says $13 billion of the products were shipped out of the Hoosier State in 2022, compared to $12.7 billion the previous year.... Read More

Purdue awarded $2.5M for stem cell research

A team of Purdue University scientists has received a $2.5 million grant from the National Institutes of Health to examine the role of lipid droplets in muscle stem cell function for both people and livestock. Their results could provide insight to recovery in muscle-related disease and injury in humans, and animal growth to enhance meat production.... Read More

Lilly to cut price of popular insulins by 70%

Eli Lilly and Co. on Wednesday announced it is cutting prices by 70% for some of its most commonly prescribed insulins. The Indianapolis-based drug maker also said it will expand a program that caps patient out-of-pocket costs at $35 or less a month.... Read More

Pharma tech startup makes commercial launch

West Lafayette-based pharma-technology startup Novilytic LLC has made its commercial product launch and announced plans to expand to a second location in the Indianapolis area, while also growing its staff. The young company developed technology that provides pharmaceutical companies with a real-time alert if a batch of drugs under development is contaminated.... Read More