Fat-Burning Diabetes Treatment Takes Top Prize at Venture Competition
The life sciences sector dominated a recent statewide pitch competition hosted by Indianapolis-based Elevate Ventures, claiming four of the five winning spots.... Read More
Life Sciences
CareSource: Health Equity Will Improve Infant Mortality
Indiana has historically had one of the worst infant mortality rates in the country, but the state is making progress. In 2019, Indiana saw its largest drop in infant mortality in six years.... Read More
Hammond Biotech Firm Partners with Australian University
A Hammond-based biotechnology company is teaming up with the University of Western Australia to develop drugs to help fight neurodegenerative diseases and spinal cord injury pain. Neuro Vigor focuses its research on neutralizing reactive aldehydes, which are key to the progression of diseases such as multiple sclerosis, Parkinson’s disease and Alzheimer’s disease. Co-founder and Chief Executive Officer […]... Read More
Langham Logistics Expands Life Sciences Offerings
Indianapolis-based Langham Logistics has announced plans to open a 187,000-square-foot distribution center in Whitestown as it continues to expand in the life sciences sector. The third-party logistic... Read More
Inotiv Founder Named Watanabe Award Winner
The board of directors for BioCrossroads has named Dr. Peter Kissinger, founder of West Lafayette-based Inotiv Inc. (Nasdaq: NOTV), the recipient of the 2021 August M. Watanabe Life Sciences Champion... Read More
Ricks: Price Controls Would Mean Cuts at Lilly
As Congress considers a proposal to allow Medicare to negotiate prescription drug prices, Eli Lilly and Co. (NYSE: LLY) Chief Executive Officer Dave Ricks is warning the move would have a devastating... Read More
Brown County Startup Wins Chicago Pitch Competition
A Nashville-based medical device startup has won the top prize the in the Women in Bio-Chicago Start-up Challenge pitch competition. Wave Therapeutics received $5,000 for its smart cushion device, whi... Read More
Catalent Adding Hundreds of Jobs in Bloomington
New Jersey-based Catalent Inc. (NYSE: CTLT) is continuing to grow the workforce at its facility in Bloomington. The company plans to add between 500 and 600 jobs in Monroe County in response to growin... Read More
Inotiv Acquires Colorado Biopharma Company
West Lafayette-based Inotiv Inc. (Nasdaq: Inotiv) has acquired Plato BioPharma Inc., an in vivo pharmacology research and drug discovery company in Colorado. Inotiv says the deal, valued at $15 millio... Read More
FDA Approval, Pandemic Drum Up Demand For Device
It could be called a cell phone. Or a portable medical device. VoCare President and Chief Executive Officer Dr. Ben Park calls it both.... Read More
First Patients Get Gut-Focused Autism ‘Drug’
A Fishers-based startup taking a unique approach to treating autism—via gut health—has achieved the major milestone of dosing the first patients.... Read More
$2M To Expand RAZOR’s Single-Use Instrument Portfolio
Experts in the orthopedic industry say the perfect “migration storm” is well underway for joint replacement surgeries, as the procedures move away from being performed at hospitals and increasingly at... Read More
Kimball Highlights Medical Manufacturing Might
From manufacturing the musical inner workings of electric home organs in the 1960s to auto injectors today that can block a life-threatening allergic reaction, Kimball Electronics’ legacy in Indiana i... Read More
Lilly to Supply More COVID Combo Therapy to Europe
Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has inked a Joint Procurement Agreement with the European Commission to supply up to 220,000 doses of two COVID-19 antibody therapies. The company says... Read More
Inotiv to Acquire Indy Research Company
West Lafayette-based Inotiv Inc. (Nasdaq: NOTV) has announced plans to acquire Envigo RMS Holding Corp., headquartered in Indianapolis, in a $545 million cash and stock deal. The contract research org... Read More
Zimmer Biomet Adds to Spin-Off Leadership
Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) has named several members of the leadership team for its planned spin-off company, which will now be known as ZimVie. The medical device manufactur... Read More
IU Ventures Invests $475K in Health, Tech Companies
IU Ventures is renewing its investment in two Indiana University-affiliated companies it says have "rapidly distinguished themselves as innovators." The nonprofit has made a total of $475,000 in follo... Read More
Catalent to Acquire Gummy Maker With Indiana Presence
New Jersey-based Catalent Inc. (NYSE: CTLT), which has a major presence in Bloomington, is set to acquire a gummy and soft chew vitamin and supplement maker headquartered in Texas. The deal for Better... Read More
Zimmer Biomet ‘Smart Knee’ Implant Lands FDA Grant
The U.S. Food and Drug Administration has authorized a "smart knee" implant developed by Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) and Canary Medical in Canada. Zimmer Biomet says the De No... Read More
$1.2M Boosts Ankle Brace That’s ‘Better Than a Boot’
TayCo Brace says about 14,000 patients have kicked walking boots to the curb. The South Bend-based startup is stepping up its unique ankle brace, which already has a sizable customer base, ranging fro... Read More