Hammond food and beverage tax bill advances

The Indiana House has approved a bill that would allow the city of Hammond to implement a 1% food and beverage tax. House Bill 1121, which includes a number of tax-related provisions, passed this week by a vote of 67-29 and now moves to the Senate.... 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

Bills striking some child care regulations pass the Senate, House

House Bill 1102 author Rep. Dave Heine, R-Fort Wayne, said that child care should generally cost no more than 10% of a household’s income. But Hoosier families, he emphasized, are spending about 24% of their incomes on it. Families frequently report leaving the workforce because of child care expenses and lack of access. ... Read More