Medical device maker to build $70 million plant in Warsaw
The 100,000-square-foot plant, when complete, is expected to create about 300 jobs as the company expands its presence in the "Orthopedic Capital of the World."... Read More
The 100,000-square-foot plant, when complete, is expected to create about 300 jobs as the company expands its presence in the "Orthopedic Capital of the World."... Read More
Syndeio Biosciences sees burgeoning potential to treat mental health and cognitive conditions, including Alzheimer’s and depression, with therapies that target the almost countless minuscule brain synapses that give people the ability to think and function.... Read More
BMWC Constructors Inc. has filed a lawsuit seeking nearly $1.6 million it says it is owed by the primary contractor on Stevanato Group’s pharmaceutical container and syringe production facility in Fishers.... Read More
Ryan Christner, who was executive director of the organization’s Orthopedic Industry Retention Initiative, has been appointed president and CEO.... Read More
Improved Pharma says it is investing $400,000 to expand its laboratory and office facilities in response to growing demand for its services.... Read More
West Lafayette-based LyoWave Inc, which is developing what it describes as an improved process to store drugs such as vaccines and antibiotics for long periods of time, has received a grant of more than $300,000 from the National Science Foundation.... Read More
Eli Lilly and Co. and Purdue Ventures recently participated in a $12 million funding round to support a new remote lab platform aimed at significantly decreasing the time it takes to research and develop new medicines.... Read More
Earlier this month, Bob VanHimbergen announced he was departing as CFO of Hillenbrand. This week, he announced he's leaving there to be the new CFO at Elanco Animal Health.... Read More
Eli Lilly and Co. announced plans on Tuesday to acquire private biotechnology company San Francisco-based SiteOne Therapeutics Inc. in a deal worth up to $1 billion.... Read More
Former Eli Lilly and Co. CEOs Randall Tobias and John Lechleiter, with their wives Deborah and Sarah, respectively, have partnered to commit a combined $20 million gift to create the Tobias-Lechleiter Institute for Clinical Innovation at Indiana University Health.... Read More
Danish pharmaceutical company Novo Nordisk A/S said Friday its CEO was stepping down by “mutual agreement” with the company's board of directors, citing “recent market challenges” and a steep decline in the company's share price.... Read More
Orthopedic surgeon Dr. Robert Malinzak recently performed the first partial knee replacement procedure in Indiana, at Ascension St. Vincent Fishers Hospital, using the Oxford Cementless Partial Knee system, manufactured by Warsaw, Indiana-based Zimmer Biomet.... Read More
The Swiss-based pharmaceutical and diagnostics giant said the move will establish its Roche Diagnostics site as a hub for manufacturing the company’s continuous glucose monitoring system.... Read More
The initiative, called Lilly-Purdue 360, is focused on efforts including discovering medicines, streamlining the process of taking medicines from the lab to clinical applications, supply chains and workforce development.... Read More
Eli Lilly and Co. on Thursday announced three executive leadership transitions that the Indianapolis drugmaker said better position the company for growth, particularly for growth in U.S. investment and treatments of cardiometabolic conditions.... Read More
Inotiv said revenue for the quarter totaled $124.3 million, marking a 4.4% year-over-year increase. CEO Robert Leasure said in a news release that the company made "solid progress against our financial and operational objectives."... Read More
Indianapolis-based Eli Lilly and Co. on Thursday posted 45% revenue growth in the first quarter of 2025 that topped Wall Street expectations, but the drugmaker’s stock dropped around 5% on earnings per share that did not meet analysts’ estimates.... Read More
The Low Institute for Therapeutics, or LIFT—named in honor of Dr. Philip Low—is designed to fund early-stage trials of potential lifesaving therapeutics with the goal of accelerating the treatments to market.... Read More
Bob Vitoux, president and CEO of OrthoWorx, announced he is stepping down at the end of the week. Vitoux is leaving to rejoin Ambassador Enterprises as the Fort Wayne group's CFO.... Read More
The new Plug and Play location in Indianapolis, part of the 16 Tech Innovation District near the city's downtown, will have an emphasis on recruiting and growing promising startups in the life sciences and biosciences.... Read More