Plug and Play cuts ribbon on Warsaw office

State and local officials on Wednesday joined startup accelerator Plug and Play to cut the ribbon on its new office in Warsaw. The office, which is the company's first in Indiana, will focus on supporting startups in the orthopedics and med-tech sectors.... Read More

OrthoPediatrics hits record revenue for 2023

Warsaw-based OrthoPediatrics is reporting a full-year net loss of $21 million in 2023, compared to net income of $1.3 million the previous year. Despite the drop, the company reported a 22% increase in revenue, leading to a record $149 million for the year.... Read More

Life sciences startup lands additional funding

West Lafayette-based life sciences startup Amplified Sciences has secured more funding to further develop its pancreatic cancer diagnostic platform. The company has received two investments totaling $108,000 from the Flywheel Fund.... Read More

Biotech company to close Lafayette plant

A biotechnology company headquartered in Princeton, New Jersey is planning to close its facility in Lafayette. In a notice to the state, Integra LifeSciences said the move will result in the layoffs of 60 employees by the end of April.... Read More

Carmel’s NeurAxis appoints new CFO

Carmel-based medtech company NeurAxis Inc. has announced Timothy Henrichs will serve as its new chief financial officer. Henrichs has 20 years of experience in the healthcare, home improvement, retail, software and education industries, Neuraxis said.... Read More

Biopharma startup closes on $1.9M funding round

A late-stage, preclinical biopharmaceutical company based out of the Indiana Biosciences Research Institute in Indianapolis has completed a $1.9 million bridge funding round. Adipo Therapeutics said Wednesday the funding will be used to...... Read More

BioCrossroads names Vince Wong as new CEO

Vince Wong, a former executive at Roche Diagnostics and a biotech startup, has been chosen as the new president and CEO of BioCrossroads, an Indianapolis-based group that promotes and invests in the state’s $77 billion life sciences sector.... Read More