WEBVTT

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ARE TAKING THE LEAD IN 

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DEVELOPING TREATMENTS FOR 

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THOSE DEALING WITH THE PROBLEM 

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THIS IS A HEALTH REPORTER 

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KYLEIGH MALLETT IS HERE WITH 

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DETAILS TIMING THANKS MARY 

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RACHEL SOME ARE CALLING THE 

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OBESITY TREATMENT REVOLUTION 

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AND AN INDIANA PLAYER TOOK A 

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MAJOR STEP FORWARD IN 

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ADVANCING ITS POTENTIAL DRUGS 

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>> CARMEL BASED IN BX BIO 

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SCIENCES MADE ITS DEBUT ON THE 

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NASDAQ ABOUT ONE WEEK AGO AND 

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SOUGHT SHARES JUMPED 48% FROM 

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ITS INITIAL PUBLIC OFFERING 

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ANALYSTS SAY THE STRONG 

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INVESTOR DEMAND REFLECTS THE 

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GENERAL ENTHUSIASM FOR OBESITY 

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TREATMENTS AND EXES LEAD DRUG 

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CANDIDATE TREATS AN UNCOMMON 

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ENDOCRINE TO GET DISEASE AND 

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THE STARTUP IS ALSO DEVELOPING 

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AN ANTI-OBESITY DRUG 

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>> GOING PUBLIC IS LIKE 

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OPENING A DOOR FOR US AND 

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PROVIDE ACCESS TO NEW 

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RESOURCES WE DIDN'T HAVE 

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BEFORE AS PLEASE AS WE ARE 

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WITH IT IT REALLY IS A MEANS 

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TO AN END AND WE BELIEVE THAT 

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HELPED BRING CLOSER TO OUR 

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ULTIMATE GOAL WHICH IS 

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BRINGING NEW MEDICINES 

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PATIENTS NEED THEM 

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>> THE FIVE-YEAR-OLD COMPANY 

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IS THE BRAINCHILD OF DR 

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RICHARD DE MARCHI A SERIAL 

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ENTREPRENEUR IN INDIANA HIS 

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OTHER STARTUPS HAVE SEEN GREAT 

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SUCCESS COLLECTING MORE THAN 

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500 MILLION DOLLARS FOR 

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FOUNDERS AND INVESTORS ON 

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BOARD WITH SCOTT DIXON REALLY 

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GET A SENSE OF HOW SHARP HIS 

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EYES MUST BE TO MANEUVER A 

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RACE CAR AT SPEEDS OF 230 

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MILES PER HOUR NOW DIXON AND 

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OTHER INDY CAR DRIVERS WILL 

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HAVE ACCESS TO STATE OF THE 

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ART EQUIPMENT TO TEST THEIR 

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VISION CALIFORNIA-BASED TALK 

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ON HEALTHCARE PARTNERING WITH 

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INDYCAR TO MAKE SURE DRIVERS 

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ARE SAFE ON THE TRACK THAT'S 

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FASCINATING BUT GETTING BACK 

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TO TO YOUR FIRST STORY ABOUT 

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IN THE THEY'VE GOT A 

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FASCINATING CO-FOUNDER YES SO 

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DR DE MARCHI HIS INVOLVEMENT 

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YOU CANNOT UNDERSTATE IT FOR 

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INDIANA'S LIFE SCIENCES HE'S 

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CHEMISTRY PROFESSOR RIGHT NOW 

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BUT HE'S A LILY VETERAN HE'S 

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CONSIDERED ONE OF THE FOUNDING 

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FATHERS OF THE OBESITY DRUGS 

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THERE NOW HE'S GONE ON SINCE 

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OBVIOUSLY FOUNDED A LOT OF 

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STARTUPS AND LIKE WE MENTIONED 

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OVER 500 MILLION DOLLARS ALL 

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THOSE STARTUPS HAVE SOLD FOR A 

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GRAND TOTAL SO YOU CAN'T YOU 

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CAN'T OVERESTIMATE HIS IMPACT 

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ON THE LIFE SCIENCES ECONOMY 

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HERE IN INDIANA AN INDIANA AND 

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REALLY THE WORLD RIGHT YOU 

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KNOW THERE'S ANOTHER ONE