Inotiv files for Chapter 11 bankruptcy protection
Through the bankruptcy process, which was filed in the U.S. Bankruptcy Court for the Southern District of Texas, Inotiv said it will reduce its debt by approximately $326 million.... Read More
Through the bankruptcy process, which was filed in the U.S. Bankruptcy Court for the Southern District of Texas, Inotiv said it will reduce its debt by approximately $326 million.... Read More
RayzeBio Inc., a San Diego-based biotech firm that works to develop radiopharmaceutical therapies to treat cancer, is planning to invest $150 million to build two buildings in Whitestown to increase it isotope production and distribution abilities.... Read More
Bothell, Washington-based BioLife Solutions Inc. plans to move its manufacturing and research operations in Indianapolis to a new $16 million facility in Noblesville in 2027, the city announced Tuesday.... Read More
The Indianapolis drugmaker will purchase Curevo Inc., LimmaTech Biologics AG and Vaccine Co. Inc. to expand its research and development efforts in infectious disease.... Read More
The gift from Douglas and Diana Berthiaume will establish the Center for Biomedical Discovery and includes $5 million in seed funding to bolster new collaborations among biomedical researchers at the university.... Read More
A Crown Point High School senior who is working to develop a wearable insulin device won first place in Purdue University Northwest’s Big Sell pitch competition.... Read More
The Indianapolis-based animal health company this week announced the phased launch of Befrena, a monoclonal antibody injection for treating canine allergic and atopic dermatitis.... Read More
CEOs of Indiana Corporate Partnership CEO Melina Kennedy said the name BioHeartland was created to create “an identity for this region where bioscience innovation is invented, made and moved across human, animal and plant health.”... Read More
The $24.3 million project, being led by Bloomington-based Applied Research Institute, or ARI, will serve as a biomanufacturing workforce training and innovation center when complete in mid-2027.... Read More
Lafayette Instrument is not disclosing the financial terms of the acquisition, but noted that Sutter Instrument's 65 employees are being retained.... Read More
Eli Lilly and Co. on Tuesday hosted company, political and community leaders at an event celebrating the company’s 150th anniversary, where it unveiled plans for a new hunger relief initiative and a speaker series.... Read More
Purdue University and Bloomington-based Cook Medical are teaming up in an effort to advance innovative medical technologies and bolster the biomedical engineering workforce pipeline.... Read More
Eli Lilly and Co. said Wednesday that it will invest another $4.5 billion at its manufacturing site at the LEAP Research and Innovation District in Lebanon as a result of the company’s evolving drug pipeline and anticipated demand for its medications.... Read More
A biopharmaceutical company affiliated with Purdue University announced a regulatory change Friday that is expected to improve efficiencies as it furthers clinical development of its intravenous caffeine-based therapies.... Read More
Eli Lilly and Co. reported first-quarter results Thursday that topped Wall Street expectations, with revenue of $19.8 billion — up 56% from the same quarter a year ago, driven by the company’s weight-loss and diabetes medications Mounjaro and Zepbound.... Read More
The Indianapolis-based drugmaker will partner with Profluent to develop and commercialize treatments for diseases with severe unmet needs. Profluent describes itself as a “frontier AI company pioneering large-scale foundation models for protein design.”... Read More
Brian Blagg, a professor of chemistry and biochemistry at the University of Notre Dame, has been named the recipient of the top honor at the 1st Source Faculty Commercialization Award for his role in advancing a potential first-in-class cancer therapy.... Read More
The acquisition is the latest in a series of moves that Lilly has made to increase its cancer-treatment footprint. Privately held Ajax is headquartered New York City and has operations in Cambridge, Massachusetts.... Read More
In an interview with Inside INdiana Business Host Gerry Dick, Whitten said the partners want to figure out important problems and issues related to musculoskeletal health.... Read More
IU and Zimmer Biomet will collaborate on research and development, technical training and credentialing, and workforce development initiatives. ... Read More