A Carmel-based biopharmaceutical company has received an Orphan Drug designation from the U.S. Food and Drug Administration for its lead therapeutic product candidate. The drug, MBX 2109, is being developed for the treatment of hypoparathyroidism.... Read More
Hancock County-based agbioscience startup Verility Inc. has closed a $3.5 million Series A funding round that will allow it to commercialize its animal fertility platform.... Read More
The Indiana Department of Veterans Affairs and the Indiana Department of Workforce Development will Thursday host a hiring fair in Indianapolis. The event, held in conjunction with Helping Veterans and Families of Indiana Inc., is open to anyone looking for employment with a special emphasis on veterans and their families.... Read More
Munster-based Finward Bancorp (Nasdaq: FNWD), the parent of Peoples Bank, is reporting second quarter net income of $6.6 million, compared to $8.1 million during the same period last year. Despite the drop, Chief Executive Officer Benjamin Bochnowski says the bank improved its core net income and net interest margin during the second quarter.... Read More
Indianapolis-based Aearo Technologies LLC, which is facing more than 230,000 product-liability lawsuits related to the performance of its Combat Arms earplugs, has filed for Chapter 11 bankruptcy reorganization.... Read More
The University of Southern Indiana Romain College of Business has received a $100,000 gift from Warehouse Services Inc. in Mount Vernon to establish an endowed scholarship. The university says the Warehouse Services Inc. Barry Cox Scholarship Endowment, named for the company's president Barry Cox, will offer support to students enrolled in the Supply Chain Management Certificate Program.... Read More
A post on social media has led to a growing direct-to-consumer cheesecake business in Indianapolis. Cassie Smith-Johnson is the founder of The Cheesecake Lady Indy, which makes a variety of cheesecake products using her own homemade recipe. ... Read More
Trine University has received a $2.5 million gift from alumnus and Board of Trustees member Larry Reiners and his wife Judy. Trine says the funds will support a new 120,000-square-foot academic facility that will house programs in its College of Health Professions.... Read More
Merrillville-based Lakeshore Public Media says President and Chief Executive Officer James Muhammad is stepping down.... Read More
Alex Palou, the reigning IndyCar champion, is being sued in Marion County civil court by his team owners at Chip Ganassi Racing.... Read More
Lafayette-based Wabash (NYSE: WNC) is reporting second quarter net income of $22.7 million, compared to $12.3 million during the same period last year. The trailer maker says demand remains strong as evidenced by its backlog remaining at $2.3 billion from the first quarter to the second.... Read More
The University of Notre Dame says it received $244 million in research awards during fiscal year 2022, surpassing the previous record of $222.7 million set during the previous year. The university says the funding represents nearly 800 separate awards from a variety of sources.... Read More
House and Senate Republicans in the Indiana General Assembly remain on a collision course over how to provide inflation relief for Hoosiers after committees from both chambers passed bills that take vastly different approaches.... Read More
Indianapolis-based technology company VisionThree Inc. is launching an estimated $80 million initiative to place virtual reality career labs in every high school and college in Indiana by 2025.... Read More
The Senate on Tuesday advanced a $280 billion bill designed to boost the semiconductor industry in the United States and to accelerate high tech research that backers say will be critical to the economy in future decades.... Read More
Minnesota-based Winnebago Industries Inc. (NYSE: WGO) has appointed Casey Tubman as president of Newmar Corp., a recreational vehicle manufacturer based in Nappanee.... Read More
A Republican-backed bill that seeks to ban virtually all abortions in Indiana advanced to the full Senate Tuesday after adding more restrictions to the exceptions allowing rape and incest victims to access abortions.... Read More
Inotiv Inc. (Nasdaq: NOTV), the West Lafayette-based pharmaceutical testing company that announced last month it planned to shut down two animal-breeding facilities in Virginia, now says it expects to incur charges of up to $9.9 million in connection with those closures.... Read More
Butler University has announced Challonge will be the first tenant at its new Esports Park when it opens next month. Challonge is a software-as-a-service company owned by California-based Logitech (Nasdaq: LOGI).... Read More
Muncie-based First Merchants Corp. (Nasdaq: FRME) is reporting second quarter net income of $38.5 million, compared to $55.6 million during the same period last year. The bank says the results included acquisition costs of nearly $30 million from its merger with Level One Bancorp LLC in Michigan.... Read More
