Company news

February 17, 2010
Back to TopE-mailPrintBookmark and Share

Forget venture capital. Forget selling the firm outright. ImmuneWorks, an Indianapolis-based biotech firm, is taking a different route to get early-stage funding for money-sucking biotech drug development. The company signed a joint development agreement with Lung Rx, a subsidiary of Maryland-based United Therapeutics Corp. Lung Rx will fund ImmuneWorks' research and development operations with the option of acquiring the firm. ImmuneWorks, based on the research of Dr. David Wilkes at the Indiana University School of Medicine, is trying to develop treatments for orphan lung diseases, which affect fewer than 200,000 people nationwide.

Looks like the changing of the guard in Indianapolis-based Eli Lilly and Co.’s research operations is going beyond Dr. Steve Paul. In the same month Paul retired, his top lieutenant, Dr. William Chin, has taken a newly created job at Harvard Medical School. Chin was Lilly’s senior vice president for discovery research and clinical investigation. Paul was replaced by Jan M. Lundberg, former head of global discovery research at London-based AstraZeneca plc. Looks like Lundberg will be bringing in his own team.

Indiana University School of Medicine researchers have identified a mechanism by which tuberculosis evades the body’s immune system and have identified a compound that blocks the tuberculosis bacteria’s ability to survive. Those insights could lead to new drugs to treat tuberculosis. Zhong-Yin Zhang, a professor of biochemistry and molecular biology, was the lead author explaining the discoveries in in this week’s online early edition of the Proceedings of the National Academy of Sciences. Zhang’s team also described an anti-tuberculosis compound they have synthesized, A09. The compound is now being evaluated in animals at Johns Hopkins University School of Public Health.


Sponsored by

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
Subscribe to IBJ
  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

  4. Send them back NOW.

  5. deport now