A pair of Purdue researchers has received a total of nearly $100,000 to further develop their innovations, one a drought-resistant soybean plant and the other a new arthritis treatment.... Read More
Indianapolis-based Eli Lilly and Co. is seeing rising momentum and growing quarterly success. Lilly's 2024 Q2 profits rose by 36%, driven by Mounjaro, Zepbound and Verzenio. The company's full-year revenue outlook has grown by $3 billion.... Read More
The Eli Lilly and Company and Purdue University Research Alliance Center, or LPRC, is part of an existing partnership between the two entities that was expanded in 2023.... Read More
West Lafayette-based Inotiv is reporting a fiscal third-quarter net loss of $26.1 million, compared to net income of $1.8 million last year. CEO Robert Leasure said while the quarter was productive for the company, it was not without its challenges.... Read More
A device developed in the pandemic to store and transport vaccines in ultra-low temperatures for extended periods of time has launched. The ArcticRx pod, a durable plastic shipping container a bit larger than a dishwasher, was unveiled at the Indiana IoT Lab.... Read More
A startup founded by a Notre Dame alum who leveraged the university’s IDEA Center to further develop his company’s sleep aid device has secured a $500,000 investment. Sleep Easy Technology CEO Anthony Esplin plans to use the funds to promote...... Read More
Shares of Indianapolis-based drugmaker Eli Lilly and Co. continued a two-day slide Thursday, falling about 6% at close on news that Swiss competitor Roche announced positive results from an early-stage study on its own obesity drug.... Read More
INCOG BioPharma Services, a Fishers-based company that produces sterile injectable drugs, said Monday it is investing an additional $125 million to expand operations, including the construction of a second, 100,000-square-foot building on its campus.... Read More
Elanco Animal Health said Tuesday it has completed the divestiture of its aqua business to Merck Animal Health for about $1.3 billion in cash, allowing it to pay down more of its sizable debt load. The Greenfield-based company said it plans to use...... Read More
According to BestPlaces.net, the cost of living in Fishers is nearly 27% higher than the state average. Stevanato, an Italian-based life sciences company that makes glass vials and syringes for pharmaceuticals, has committed to paying employees at its new...... Read More
Eli Lilly and Co. said Monday it has agreed to buy a Massachusetts-based biopharmaceutical company that is developing therapies for inflammatory bowel disease and other chronic diseases for $3.2 billion. Indianapolis-based Lilly said it will acquire...... Read More
U.S. officials have approved another Alzheimer’s drug that can modestly slow the disease, providing a new option for patients in the early stages of the incurable, memory-destroying ailment. The Food and Drug Administration approved Eli Lilly’s Kisunla for...... Read More
A period care startup that originated in central Indiana has landed a key approval for its menstrual cup with a reusable tampon-style applicator. Earlier this month, Sunny received the U.S. Food and Drug Administration's 510k clearance for its product.... Read More
Carmel-based MBX Biosciences Inc. announced Tuesday that it has appointed Dr. Salomon Azoulay as Chief Medical Officer. The biopharmaceutical company said Azoulay will oversee its global clinical development pipeline.... Read More
A new study released by the Evansville Regional Economic Partnership shows that the region's health and life sciences sector has grown significantly in its economic impact. Due in large part to the Stone Family Center for Health and Life Sciences...... Read More
Just one month after settling with a South Carolina medical spa that was selling knockoff versions of its popular diabetes and weight-loss drugs, Eli Lilly and Co. is going after other sellers. The Indianapolis-based drugmaker said Thursday it was taking...... Read More
Eli Lilly and Co. and a biopharma company it bought last year are accused of infringing on the patent held by the Purdue Research Foundation to treat cancer. The research foundation filed a complaint in U.S. District Court on Thursday.... Read More
An initiative by Warsaw-based OrthoWorx designed to attract and retain talent and businesses in the orthopedic device industry is moving forward after $30 million in funding was awarded by the State Budget Committee this week.... Read More
The Venture Club of Indiana on Tuesday announced the winners of its annual Innovation Showcase. Twenty startups presented their ideas before a panel of judges, with winners being announced in three categories: Digital Tech, Life Sciences and Ag Tech/Hard Tech.... Read More
Gov. Eric Holcomb will join executives from New Jersey-based Simtra BioPharma to break ground on the $250 million expansion of the company's sterile fill/finish manufacturing campus in Bloomington. The project involves the construction of a...... Read More
