Life Sciences

Indiana Secretary of Commerce David Rosenberg will lead a contingent to London and then Italy this week to discuss and grow Indiana's bioscience indsutry.... Read More

Massachusetts-based Biometry Inc., which was among the five winners of Elevate Ventures’ 2023 IN-Prize pitch contest, has established a presence in central Indiana and recently secured $5 million in venture funding.... Read More

Shares of Indianapolis-based Eli Lilly and Co. popped in pre-market trading early Tuesday morning after news of a Biden administration proposal that Medicare or Medicaid cover the cost of weight-loss drugs for millions of Americans.... Read More

The new seed funding will go toward research and development, securing regulatory clearance for a testing platform and initiating a clinical trial, the news release said.... Read More

Cook Medical is leading a $24 million investment round to support a San Francisco-based medical-device startup developing a minimally invasive treatment for urinary conditions.... Read More

Adipo Therapeutics LLC’s late-stage, preclinical drug is showing great potential for treating obesity and other metabolic disorders, researchers shared at the annual meeting of The Obesity Society in San Antonio. Founded by Meng Deng, an associate professor ...... Read More

Dave Ricks, the CEO of Indianapolis-based Eli Lilly and Co., is the recipient of the 2024 August M. Watanabe Life Sciences Champion of the Year Award.... Read More

Ryan Christner will serve as the new executive director of the Orthopedic Industry Retention Initiative for OrthoWorx. In that role, he will oversee $30 million in public money to advance the orthopedics industry.... Read More

Officials from Indiana’s life sciences and higher education sectors are working together to help build a talent pipeline in biopharmaceutical manufacturing. Heartland BioWorks, the consortium that was designated as a regional technology and innovation hub by the federal Economic Development Administration just over a year ago, has established BioTrain, a training institute designed to prepare […]... Read More

Trinity Guardion said the investment will accelerate the production and commercialization of its Soteria Bed Barrier, which is designed to reduce the risk of infections in hospitals.... Read More

Kristin Eilenberg, a veteran of Indiana’s health care and life sciences sectors, has been named executive director of Heartland Bioworks, part of a new federal initiative aimed at boosting innovation and making the country more competitive.... Read More

Eli Lilly and Co. on Wednesday reported a third-quarter profit of $970.3 million, falling short of Wall Street expectations, and revised its full-year profit guidance down, a move that sent its stock falling as much as 10% in premarket trading.... Read More

Senator Todd Young on Monday visited the 16 Tech innovation district to underscore the work of a young federal agency that wants to shake up the conventional model of funding biomedical research, which some say is too slow, by funding higher-profile projects.... Read More

Indianapolis-based biotech company GeniPhys has been awarded a $500,000 National Science Foundation grant to support the next steps toward commercialization of its collagen product used for soft tissue restoration.... Read More

Britain’s drug regulator approved Eli Lilly and Co.’s drug Kisunla on Wednesday, but the government won’t be paying for it after an independent watchdog agency said the Alzheimer’s treatment isn’t worth the cost to taxpayers.... Read More

Indianapolis-based SpectronRx announced Thursday that the radiopharmaceutical company has executed a binding agreement with a Belgian company to manufacture a promising cancer therapy for patients in Europe.... Read More

The U.S. Food and Drug Administration, after intense public pressure and a lawsuit, is reconsidering its declaration barely two weeks ago that a shortage of the appetite-suppressing drugs Mounjaro and Zepbound is over, a temporary about-face that...... Read More

The U.S. Food and Drug Administration has approved a monthly chewable tablet for dogs made by Elanco Animal Health that is designed to protect against six parasites. The product, called Credelio Quattro, is designed to protect against...... Read More

The CEO of BioCrossroads says Eli Lilly and Co.'s latest multibillion-dollar investment in the LEAP Lebanon Innovation District is tremendous for the state's life sciences ecosystem. Vince Wong told IIB that the benefits of Lilly's investment is twofold.... Read More

Eli Lilly and Co. said Wednesday it will invest an additional $4.5 billion at its manufacturing site at the LEAP Lebanon Innovation District in Boone County to create a new center for advanced manufacturing and drug development.... Read More