This year is slated to be a big one for Indianapolis-based Eli Lilly and Co. as the pharmaceutical giant plans to release four new medicines to the public, with even more in the pipeline. CEO Dave Ricks said the momentum was created by tailwinds in 2022.... Read More
Indianapolis-based Eli Lilly and Co. (NYSE: LLY) says it will contribute more $1 million towards the purchase and installation of medical-grade refrigeration units in 17 impoverished nations. Lilly is partnering with Direct Relief, a global humanitarian aid organization, to improve “last mile” delivery of essential medications in low-income regions of the world.... Read More
Could West Lafayette lay claim to the cure for malaria in the coming years? It’s entirely possible; the potential breakthrough treatment is on the doorstep of Phase 3 clinical trials after it was shown to be 100% effective in a Phase 2 trial. Perhaps making the scenario even more likely is the scientist who discovered […]... Read More
A beloved family pet that battled cancer led its owners to Purdue University veterinarians, who extended the dog’s life by more than a year. It prompted the successful Brown County entrepreneurs to recently gift the college $10 million... Read More
A uniquely Indiana business deal involving NBA basketball, a major ag producer and farmers is putting a new crop in the spotlight at one of the biggest Hoosier venues: Gainbridge Fieldhouse. The partnership between the Indiana Soybean Alliance (ISA) and Pacers Sports & Entertainment Inc. means fried food at all Gainbridge Fieldhouse events will be […]... Read More
Music therapy is hitting a high note in central Indiana. Two new efforts—one focused on patients and the other on training tomorrow’s clinicians—are expected to give more Hoosiers access to the healing power of music.... Read More
Indianapolis-based Eli Lilly and Co. (NYSE: LLY) said Tuesday it plans to invest another $450 million at a factory in North Carolina that makes diabetes medicines and devices.... Read More
Indiana’s healthcare and life sciences sector, often hailed as a key driver of the state’s economy, landed a record $619.8 million in venture funding last year, a hefty increase over the previous record, set a year earlier.... Read More
The Kosciusko Economic Development Corp. says it will launch a second cohort of the Kosciusko Medical Technology Accelerator Studio. MedTech began operating last year to serve as a business accelerator for startup companies to take advantage of the numerous orthopedics manufacturers in Warsaw.... Read More
Federal regulators have rejected Eli Lilly and Co.’s application for accelerated approval of an experimental treatment for Alzheimer’s disease due to a limited number of patients that were still on the drug for a full year in clinical trials.... Read More
For the third consecutive year, a Purdue University-affiliated company has been named to the Most Fundable Companies list from Pepperdine University’s Graziadio Business School. The business school named biotechnology company OmniVis to the prestigious list.... Read More
A $2.1 billion Eli Lilly and Co. manufacturing campus in Boone County would include 12 buildings totaling more than 1.6 million square feet, a company official told the Lebanon Planning Commission on Tuesday night.... Read More
Fishers-based BiomEdit LLC has formed a long-term research and commercial partnership with European animal nutrition company Nutreco. BiomEdit said the partners aim to develop novel feed additives for livestock using microbiome technology.... Read More
An Indianapolis company that repackages and distributes pharmaceuticals is planning a $10.5 million expansion that will include hiring another 205 people. Northwind Pharmaceuticals LLC plans to make the hires by the end of 2025.... Read More
California on Thursday announced it will sue the companies—including Indianapolis-based Eli Lilly and Co. (NYSE: LLY)—that make and promote most of the nation’s insulin, accusing them of scheming to illegally increase the price of the drug and demanding they return millions of dollars to some diabetics who state officials say were overcharged for the medicine they must have to survive.... Read More
A Hoosier life sciences icon who recently received another major win says the ecosystem at Purdue University is a key factor in the success of his West Lafayette-based startup. Dr. Philip Low credited the university's support in an interview with Kylie Veleta.... Read More
Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) says its latest acquisition strengthens its growing sports medicine portfolio. The orthopedics device maker announced it has reached a definitive agreement to acquire Virginia-based Embody Inc., in a deal that could be worth as much as $270 million.... Read More
Cincinnati-based life sciences company Medpace has announced a major expansion, which could benefit workers in southeast Indiana. The medical contract research organization says it will invest $150 million to expand its Ohio headquarters and add 1,500 jobs over the next six years.... Read More
Cancer treatment is increasingly moving toward personalized medicine, also called precision medicine, which recognizes that every tumor is unique and must be attacked in a unique way. The approach is powered by genomics, in which scientists sequence the tumor’s DNA. However, IU Simon Comprehensive Cancer Center Associate Director of Education Dr. Hari Nakshatri says the […]... Read More
Dramatic growth since commercializing its product in 2019 is only the first chapter of Brightlamp’s story, says Chief Executive Officer Kurtis Sluss. The Indianapolis-based startup created a smartphone app called Reflex; initially envisioned as a method to detect a concussion within seconds, Sluss says “the single most exciting thing is seeing how [its use] seems […]... Read More
