April 17, 2010
J.K. WallAs shareholders gather April 19 for Eli Lilly and Co.'s annual meeting, more of them than ever will come with an unusual question:
Will Lilly be able to keep paying its dividend?
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April 12, 2010
Work force reductions, new business structure make leased office space unnecessary. Moves will begin in late June.
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April 9, 2010
IBJ Staff and Bloomberg NewsOnce-weekly form of Byetta is awaiting the FDA's OK. Analyst predict the new version of the drug, if approved, could rack
up sales of $2 billion annually.
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April 7, 2010
Associated PressLouisiana was one of 13 states that filed individual suits in state courts over allegations that Lilly pushed Zyprexa for
uses that had not been approved by federal regulators.
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April 1, 2010
Bloomberg News, Associated PressEli Lilly and Co. won a U.S. court ruling Wednesday that bars Teva Pharmaceutical Industries Ltd. from selling a generic version
of the cancer drug Gemzar until November.
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April 1, 2010
Bloomberg NewsEli Lilly and Co.'s Alimta has received the preliminary backing of a United Kingdom agency as a maintenance treatment for
patients with the most common form of lung cancer.
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March 26, 2010
J.K. WallDeal with unit of Massachusetts-based Thermo Fisher Scientific would keep many of the employees working in same
location.
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March 25, 2010
IBJ Staff and Bloomberg NewsEli Lilly is interested in assets that may be offered for sale as a result of Sanofi-Aventis SA and Merck & Co.'s plan to
combine their veterinary units.
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March 24, 2010
Bloomberg NewsIndianapolis-based Eli Lilly and Co. sued rival drugmaker Hospira Inc. to prevent it from selling a generic version of the
cancer drug Gemzar before a patent on the medicine expires in 2013.
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March 24, 2010
Andrea Muirragui DavisOnce the nation’s wealthiest foundation, Indianapolis-based Lilly Endowment now ranks ninth among its grant-making
peers. The endowment’s value fell 15 percent last year, to an estimated $4.8 billion.
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March 22, 2010
J.K. WallSweeping changes phase in slowly for most, but insurers, hospitals, drug companies, employers, workers, medical device makers
and more will eventually feel impact.
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March 17, 2010
Bloomberg NewsNetherlands-based Synthon Pharmaceuticals is seeking U.S. Food and Drug Administration approval to sell a copy of the medicine.
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March 16, 2010
IBJ Staff and Associated PressPharmaceuticals stolen Sunday morning could be worth up to $75 million.
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March 16, 2010
Bloomberg NewsIndianapolis-based Lilly will pay Acrux of West Melbourne, Australia, a $50 million license fee, plus $3 million when manufacturing
assets are transferred, but the deal could be worth millions more.
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March 15, 2010
J.K. WallRegulators won't require more time-consuming tests of the drug, but want Eli Lilly and Co. and its partners to clarify labeling,
manufacturing
processes.
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March 8, 2010
Scott OlsonThe acquisition will benefit Elanco, Lilly's animal health division in Greenfield, which has become increasingly important
to Lilly as it braces for patent-protection losses.
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March 6, 2010
Kathleen McLaughlinLilly Endowment's resistance to diversify its holdings reached a new height last year, as it failed to sell a single share
of the underperforming Eli Lilly and Co. stock while the broader market surged.
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March 5, 2010
Brightpoint, WellPoint and Cummins are recognized by Fortune magazine as being among the best in their industries.
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March 3, 2010
IBJ Staff and Associated PressThe former Guidant Corp. CEO and long-time Eli Lilly exec said he and his family will be returning to Indianapolis.
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March 3, 2010
J.K. WallWith President Barack Obama looking to squeeze a bit more revenue out of the pharmaceutical industry, the stakes just keep
getting higher for Eli Lilly and Co.'s efforts to develop drugs faster and cheaper.
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February 26, 2010
J.K. WallGreenfield Labs operation expects to add 17 Eli Lilly and Co. workers after taking over staff of 264 in 2008 acquisition.
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February 24, 2010
J.K. WallDrugmakers, such as Indianapolis-based Eli Lilly and Co., would shoulder $3.3 billion in fees, face ban on pay-for-delay deals
with generic competitor.
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February 23, 2010
Associated PressThree major U.S. drugmakers said they have formed a not-for-profit company in Asia to focus on cancer research and treatments.
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February 22, 2010
Bloomberg NewsInsurers WellPoint Inc. and others would get a delay in taxes on premiums and high-cost medical benefits, along with additional
funding for expanding Medicaid, under a White House proposal
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February 20, 2010
J.K. WallEli Lilly and Co. directors have recommended that shareholders toss out the
drugmaker's most potent protection against unwanted takeovers: an 80-percent supermajority vote threshold for any shareholder
mutiny to succeed.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.