The CEO of Indianapolis-based Eli Lilly and Co. says the increased investment in its future manufacturing operations in Boone County is all about speed. The drugmaker announced at last month's Global Economic Summit it was investing an additional...... Read More
Eli Lilly and Co. plans to build a 57,000-square-foot conference center on an existing parking lot at its downtown headquarters campus, with the goal of hosting more of its global meetings in Indianapolis. The drugmaker is asking the city for approval to...... Read More
Florida-based Redwire on Friday will mark the beginning of construction on its microgravity payload development facility at the new Novaparke Innovation & Technology Campus in Floyd County. The new facility, when complete, is expected to bring 25 new jobs.... Read More
Three University of Notre Dame students are reimagining the way breast cancer patients receive treatment. Sunghoon Rho, Ciara Dillon and Nicholas Ross, co-founders of South Bend-based VisiLocate, a company seeking to help surgeons find breast cancer tumors using a miniature localization light device, clinched the grand prize at the McCloskey New Venture Competition held in April.... Read More
Elanco Animal Health said Monday it expects to launch a product in the third quarter that reduces methane emissions in lactating dairy cattle. The Greenfield-based company said the U.S. Food and Drug Administration has completed its review of Bovaer.... Read More
Faced with overwhelming demand for its diabetes treatment Mounjaro and weight-loss treatment Zepbound, Indianapolis-based drugmaker Eli Lilly and Co. said Friday it plans to invest another $5.3 billion in its brand-new Boone County manufacturing complex.... Read More
Purdue University plans to partner with Elanco Animal Health to develop a shared-use facility on three acres near the future Elanco global headquarters on the west edge of the White River in Indianapolis, state and company officials announced Thursday.... Read More
China gave the greenlight to Eli Lilly & Co.’s blockbuster drug tirzepatide for use in treating diabetes, a move that will intensify the drugmaker’s rivalry with Novo Nordisk A/S over weight-loss drugs in the world’s second-largest market.... Read More
A Swiss-based drugmaker plans to double the size of its Indianapolis manufacturing plant, which produces nuclear medicine imaging and therapy products for cancer, in a move that would create 55 jobs with an average wage of $95,000.... Read More
Inside a large manufacturing building on the northwest side of Indianapolis, officials at Cardinal Health are busy at work on their latest expansion project, yet another clean room for nuclear medicine. Already, workers have erected massive walls of...... Read More
West Lafayette-based Inotiv Inc. is reporting a fiscal second quarter net loss of $48.1 million, compared to a loss of just under $10 million during the same period last year. The pharmaceutical testing company said Wednesday that it has also reached an...... Read More
Purdue University is looking to address what it calls an urgent need for accessible precision audiology in Indiana, particularly among underserved populations. The university said this month it will establish the Accessible Audiology Research Center at...... Read More
Eli Lilly and Co. has entered a settlement agreement with a South Carolina medical spa that was selling knockoff versions of its popular diabetes treatment Mounjaro and weight-loss treatment Zepbound. The agreement with Totality Medispa included an...... Read More
West Lafayette-based Inotiv Inc. is delaying its fiscal second quarter earnings report due to negotiations between the company and the U.S. Department of Justice. The pharmaceutical testing company says the move is related to an investigation that...... Read More
A biomedical researcher and entrepreneur whose innovations have helped improve treatment for people with musculoskeletal disorders has been named executive director of the Convergent Bioscience and Technology Institute at Indiana University Indianapolis.... Read More
16 Tech Community Corp. and Ivy Tech Community College are partnering to create a biopharmaceutical training center at the 16 Tech Innovation District. Supported by Eli Lilly and Co., the Ivy Tech Manufacturing Innovation Training Center is...... Read More
A Purdue University associate professor has received a $2.4 million grant from the National Institutes of Health to fight lung infections resistant to antimicrobial drugs. Qi “Tony” Zhou leads a team in developing inhalation treatments for lung infections. ... Read More
Indiana’s life sciences companies landed $5.5 billion in capital and investments last year from all sources, down 19% from a year earlier. That figure includes funds raised through venture capital and other sources, according to a report by BioCrossroads.... Read More
A medical device startup created by three University of Notre Dame graduate students took home nearly $130,000 in cash and in-kind services by winning the 2024 McCloskey New Venture Competition.... Read More
Eli Lilly and Co. said Tuesday that “exceptionally strong demand” for diabetes drugs Mounjaro and weight-loss drug Zepbound helped push first quarter profit up 67%, but warned that it expects tight supplies of both drugs to continue.... Read More
