WEBVTT

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INDIANA UNIVERSITY AND LIE 

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WELCOME TO INSIDE INDIANA 

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BUSINESS I'M GARY DECK AND WE 

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BEGIN THIS WEEK WITH GOOD NEWS 

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COMING OUT OF AN IMPORTANT 

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SEGMENT OF THE INDIANA ECONOMY 

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THE LIFE SCIENCES 

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>> THE AIR WE BREATHE 

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>> THE ANIMALS THAT SURROUND 

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US 

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>> THE DRUG'S WE MANUFACTURE 

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ALL FALL UNDER THE UMBRELLA OF 

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LIFE SCIENCES IT IS A 

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DISCIPLINE THAT IS 

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TRANSFORMING THE WAY WE LIVE 

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CREATING BREAKTHROUGHS IN 

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HEALTH CARE BIOTECHNOLOGY 

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PHARMACEUTICALS AGRICULTURE 

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AND MANY OTHER AREAS IN 

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INDIANA MORE THAN 70.000 

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HOOSIERS WORK IN THE LIFE 

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SCIENCES SECTOR AT PLACES LIKE 

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ELI LILLY AND COMPANY AND 

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ROCHE DIAGNOSTICS IN 

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INDIANAPOLIS COOK GROUP IN 

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BLOOMINGTON ZIMMER BIOMET IN 

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WARSAW AND ME JOHNSON 

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NUTRITION IN EVANSVILLE JUST 

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TO NAME A FEW OF THE COMPANIES 

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CONTRIBUTING TO AN ESTIMATED 

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99 BILLION DOLLARS IN ECONOMIC 

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ACTIVITY AND A REPORT BEING 

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RELEASED THIS WEEK WE'LL SHOW 

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THE HOOSIER LIFE SCIENCES 

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INDUSTRY MADE HISTORY IN 2024 

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BECOMING THE NATION'S NUMBER 

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ONE EXPORTER OF LIFE SCIENCES 

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PRODUCTS THE REPORT FROM BIO 

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CROSSROADS SHOWS INDIANA 

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EXPORTED 27 BILLION DOLLARS IN 

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LIFE SCIENCES PRODUCTS AND 

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ADDITIONAL 21 BILLION AND 

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PHARMACEUTICAL PRODUCTS LAST 

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YEAR MEANTIME EMPLOYMENT IN 

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THE LIFE SCIENCES SECTOR 

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INCREASED BY 3.000 TO MORE 

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THAN 70.000 STATEWIDE AND THE 

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AVERAGE WAGE OF THOSE JOBS 

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INCREASED FROM 110.020 23 TO 

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NEARLY $150.000 ANNUALLY LAST 

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YEAR JOINING US NOW TO GO 

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INSIDE THOSE NUMBERS AND ALSO 

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TALK ABOUT PROJECTS IN THE 

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PIPELINE THAT COULD HAVE A BIG 

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IMPACT STATEWIDE 

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>> PLEASED TO BE JOINED BY BY 

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A CROSSROADS CEO VENTS LONG AS 

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ALWAYS BUT IT'S GREAT TO SEE 

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YOU FOR THE VERY VERY THANK 

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YOU AS YOU LOOK AT THOSE 

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NUMBERS AGAIN AS I MENTIONED 

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YOU KNOW HISTORY BEING MADE TO 

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INDIANA THE NUMBER ONE 

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EXPORTER OF LIFE SCIENCES 

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PRODUCTS ABSOLUTELY SUPER 

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EXCITING FOR US AS A STATE 

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ACTUALLY SURPASSED CALIFORNIA 

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THAT THE NUMBER ONE STATE IN 

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THE COUNTRY 

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>> SO CALIFORNIA'S OFTEN 

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THOUGHT OF AS THE LIFE SCIENCE 

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CENTER BUT ACTUALLY INDIANA IS 

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A LEADER SO WHAT DOES BEING 

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ABLE TO SAY THAT YOU'RE THE 

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NUMBER ONE EXPORTING STATE 

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WHAT DOES THAT DO FOR THE KIND 

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OF STREET CRED IF YOU WILL OR 

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THE ABILITY TO ATTRACT MORE 

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EXCITEMENT AROUND THE INDUSTRY 

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ABSOLUTELY I THINK IT JUST 

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GIVES US A CALLING CARD FOR US 

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TOO 

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>> NOT ONLY YOU KNOW 

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REINFORCED THE COMPANIES THAT 

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ARE ALREADY HERE AND STAY HERE 

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BUT ALSO FROM A COMPANY 

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ATTRACTION PERSPECTIVE THAT 

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MAY BE LOOKING THERE ALREADY 

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HERE IN THE US OR WANT TO A 

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PLAN A FLAG HERE IN THE 

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COUNTRY INDIANA WOULD BE A 

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PLACE TO BE TALK ABOUT WHAT'S 

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DRIVING AT THE SO-CALLED DEBT 

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INCURRED 10 DRUGS SAID THE 

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WEIGHT LOSS DRUGS MANAGE OUR 

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OWN ZEPBOUND BIG DRIVERS 

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ABSOLUTELY I MEAN INDIANA WE 

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FEATURED THIS LAST NOVEMBER AT 

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A LIFELINE SOME INDIANA'S 

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PLAYING A REALLY A VITAL ROLE 

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A CENTRAL ROLE IN AMAZING 

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GROWTH OF ABC THERAPIES AND SO 

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BOTH LILY AND NOVARTIS FROM 

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PRODUCTS ARE BEING MET A 

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FACTOR IN THE STATE THERE'S A 

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WHOLE SUPPLY CHAIN AND COTTON 

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INDUSTRY THAT'S FROM A DEVICE 

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DELIVERY PERSPECTIVE THAT'S 

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ALSO SPRUNG UP AROUND THIS 

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GROWTH AS WELL ALSO TALK ABOUT 

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NUCLEAR MEDICINE INDIANA AS IN 

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PARTICULAR CENTRAL INDIANA 

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REAL STRENGTH OF ARTISTS WITH 

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NEW FACILITY THAT WAS A DRIVER 

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TO ABSOLUTELY NOVARTIS'S 

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GROWTH AND THEN AGAIN A NUMBER 

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OF AT LEAST 12 14 COMPANIES 

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AND THAT ARE ALSO IN THIS 

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SPACE AS WELL THAT REALLY SAYS 

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A CENTER OF EXCELLENCE FOR IN 

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BOTH NATIONALLY GLOBALLY 

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PEOPLE AND EXPECT RON RX 

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ANOTHER ONE OF THOSE COMPANIES 

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AVERAGE WAGE THIS IS A BIG 

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ISSUE HERE IN INDIANA AND YOU 

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TALK ABOUT A BIG JUMP ALL THE 

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WAY UP TO $148.000 IN TERMS OF 

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THE AVERAGE WAGE OF THESE JOBS 

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YEAH I MEAN LIFE SCIENCE IS A 

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GREAT INDUSTRY IS BECAUSE 

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TRACK THE WAGES SO YOU CAN 

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ALSO DO WELL BY DOING GOOD AND 

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PRODUCING THERAPIES AND 

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PRODUCTS THAT IMPROVE PEOPLE'S 

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LIVES BUT ALSO HAVE A GREAT 

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LIVELIHOOD DOING SO THE STOCK 

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LOOK FORWARD AND AND AND WHAT 

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COULD BE IN THE PIPELINE IF 

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YOU LILLY INVESTING 13 BILLION 

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DOLLARS IN BOONE COUNTY THE IU 

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LABAT 16 TECH 

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>> AND ALSO HEARTLAND THIS 

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DESIGNATION RIGHT AS A BUYER 

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WORKS HUB YES 

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>> NO I THINK WE'VE GOT 

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INCREDIBLE MOMENTUM WITH ALL 

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THOSE THINGS YOU JUST 

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MENTIONED THAT WILL ONLY NO 

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FURTHER CATALYZE INNOVATION IN 

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FURTHER INVESTMENTS CREATE 

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THIS REALLY NICE FLYWHEEL FOR 

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MANY YEARS TO COME AND WE'RE 

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JUST GETTING STARTED ALL RIGHT 

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>> BIG NEWS COMING OUT OF IOWA 

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CROSSROADS INDIANA THE NUMBER 

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ONE LIFE SCIENCES EXPORT HERE 

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IN IN THIS COUNTRY PENCE WON