Inotiv Loss Grows Despite Revenue Jump

West Lafayette-based Inotiv Inc. (Nasdaq: NOTV) is reporting a fiscal second quarter net loss of $6.1 million, compared to a loss of $723,000 during the same period last year. The contract research organization says despite the drop, it recorded $140 million in revenue, a 646% increase.... Read More

Yonkman: New Indy Plant Represents ‘Holistic Approach’

Bloomington based Cook Medical’s new Indianapolis manufacturing plant could mean 200 jobs over the next several years, but the jobs and the $15 million investment are only part of the story. Employees at the plant, which officially opened last week, will come from the neighborhood around East 38th Street and Sheridan Avenue, which has been struggling economically for years. ... Read More

Life Sciences Icon Not Ready to Retire

For nearly a half century, Purdue University researcher Dr. Philip Low has worked in his laboratory in West Lafayette, testing and developing therapies for a range of human maladies and pathologies. ... Read More

Cook President Hopes Indy Plant Becomes Model for Future

The president of Bloomington-based Cook Medical Inc. says a new manufacturing plant on the near northside of Indianapolis is a win-win for everyone. The company, along with Goodwill of Central and Southern Indiana and the Central Indiana Community Foundation, this morning marked the opening of the facility, which will ultimately employ 100 area residents. ... Read More

Renowned Purdue Researcher Earns Another FDA Approval  

Purdue University legend Dr. Philip Low admits he could buy a yacht and sail into the sunset, but that would ignore the call he feels to continue life-saving work: “If you can help a lot of people, I think it would be misdirected time not to do it,” he says. Men with advanced stage prostate […]... Read More

South Bend Hospitals Test Notre Dame-Developed Breast Imaging Device

What started as a PhD project for a University of Notre Dame student has exploded into a “billion-dollar idea” that could transform imaging standards for breast cancer treatment. Called NearWave Imager, the handheld device will help doctors determine if a certain treatment is meeting its goal to shrink or kill a tumor. It’s an answer […]... Read More

$5 Million Gift Boosts Muscular Dystrophy Care, Research at Riley

Better care for kids today and finding new treatments for tomorrow is the vision of a $5 million gift from a Hoosier family. Called “transformative” and “monumental,” the money aims to make Riley Hospital for Children at IU Health a national model for Duchenne muscular dystrophy, a condition that has affected the Ackerman and Nicholoff […]... Read More

Butler South African Researcher Inspires Diverse Students

Powered by a $1.39 million National Institutes of Health (NIH) grant, a Butler University pharmacy professor is carrying out research that could uncover methods to detect an aggressive form of lymphoma at an earlier stage. Born and raised in Zimbabwe, Dr. Chioniso Patience Masamha’s unique heritage is likely opening doors for her students—many also from […]... Read More

Inotiv Buys Pathology Services Provider Histion

West Lafayette-based Inotiv Inc. (Nasdaq: NOTV) has acquired Histion LLC, a provider of preclinical laboratory services. While financial terms of the acquisition were not disclosed, Inotiv says the acquisition is a strategic element to the expansion of its specialized pathology services.... Read More

Ricks: Indiana Focus Needed on New Economy

Eli Lilly and Co. (NYSE: LLY) Chief Executive Officer Dave Ricks says while Indiana has built a low tax, business friendly environment that is attractive, there needs to be a focus on non-traditional factors if the state is going to be successful in the new economy. ... Read More

Indy Pharma Company to be Acquired

Indianapolis-based Acacia Pharma Group will soon be under new ownership. Our partners at the Indianapolis Business Journal report the company is set to be acquired by Eagle Pharmaceuticals Inc. in New Jersey in a deal valued at nearly $104 million. ... Read More

Startup Targets Stage Zero Cancer, Because ‘Early is Good’

When her grandmother died of cancer, Dr. Thakshila Liyanage vowed to give doctors a better weapon to find cancer early. “If early diagnosis was possible, she should have had a much longer life,” says Liyanage. She devoted her studies, and now a business endeavor, to creating a tool that could accurately diagnose cancer at Stage […]... Read More

Purdue High-Tech Horse Slicker Takes Aim at Market

Combining the power of Purdue University engineers and veterinarians, a technology with “a very clear clinical need” is aiming to take a bite out of the electronic textile industry. Clothes that are embedded with electronic functions to monitor various health signals are becoming increasingly common, but this innovation gives the user the power of customization, […]... Read More