Monroe County Council approves historic tax abatement for Simtra BioPharma
Simtra BioPharma is pouring $500 million into the region across two facilities.... Read More
Simtra BioPharma is pouring $500 million into the region across two facilities.... Read More
The Interventional Magnetic Resonance Imaging, or iMRI, division involves the development of a portfolio of minimally invasive devices that can be used to better treat patients in MRI environments, particularly in oncology and pediatric cardiology.... Read More
Gayle Cook, who alongside her late husband, Bill Cook, created the multi-billion-dollar family of companies now called Cook Group, died Sunday, the company announced. She was 91.... Read More
The Warsaw-based company, which focuses on pediatric orthopedics, expanded with new or additional clinics in Los Angeles, Denver, New York and Dayton, Ohio, as well as Ireland, the company said.... Read More
Texas Attorney General Ken Paxton is accusing Eli Lilly and Co. of an kickback scheme to induce medical providers to prescribe the Indianapolis-based company’s drugs including blockbuster GLP-1 medications Mounjaro and Zepbound, according to a recent lawsuit.... Read More
Eli Lilly and Co. shares dropped more than 14% after the company released its second-quarter financial results and what some analysts see as “disappointing” data regarding the latest trials of its weight-loss pill.... Read More
At least 26 patients have filed lawsuits in Marion County against Eli Lilly and Co. over its marketing of GLP-1 drugs, claiming the diabetes and obesity treatments have had adverse side effects that the company downplayed or failed to include in advertising. ... Read More
Indiana University has received a nearly $17 million federal grant to launch what will be one of only two centers in the United States dedicated to developing stem-cell-based models of the human brain to better understand Alzheimer’s disease.... Read More
Warsaw-based OrthoWorx is using a $1 million grant from the Don Wood Foundation to help students get hands-on and goggles-on experience running a medical technology startup. OrthoWorx is partnering with iXplore, a Westfield-based immersive experience company.... Read More
The pharmaceutical contract development and manufacturing organization said Friday it has acquired a 65-acre property near its existing manufacturing facility from Bloomington-based Cook Group.... Read More
Eli Lilly & Co. won the backing of European Union regulators for its Alzheimer’s disease drug in a specific group of patients, potentially paving the way for it to become the second drug in the region to slow the most common cause of dementia in the elderly.... Read More
BioCrossroads, the initiative to grow and promote Indiana's life sciences sector, said Monday that the state has secured the designation of Radiopharmaceutical Capital of the World from the U.S. Patent and Trademark Office.... Read More
BioPoly has its first patient on the schedule for the BioPoly Partial Resurfacing Knee Implant, which is designed for middle aged patients who are too young for total knee replacement.... Read More
Greenfield-based BiomEdit says that its engineered bacteria product to protect poultry from a common disease is in its final regulatory phase and that the animal-health startup also landed $18.4 million in new funding and more than $1.7 million in grants.... Read More
The deal for Monogram Technologies Inc., which has been approved by the boards of both companies, has an equity value of $177 million.... Read More
The U.S. Food and Drug Administration has awarded 510(k) clearance to Indianapolis-based biotech company GeniPhys for its flagship collagen product used for soft tissue restoration, the company announced this week.... Read More
As part of the launch, Purdue is partnering with Indianapolis-based SpectronRx to build a dedicated radiopharmaceutical manufacturing training facility at the company's headquarters.... Read More
The medications still amount to around $500 per month for those without insurance — out of reach for many patients. And even for people with insurance, coverage remains uneven.... Read More
A Purdue University researcher working on a new treatment for liver cancer and another working on a device to preserve freshwater resources at the Panama Canal each have received $50,000 from the Trask Innovation Fund.... Read More
Indianapolis-based drugmaker Eli Lilly and Co. said Tuesday it is acquiring Boston-based Verve Therapeutics, a Nasdaq-traded company focused on genetic medicines for cardiovascular disease, in a deal worth up to $1.3 billion.... Read More