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Health Care & Insurance
Ariad loses $65M patent appeal against Eli Lilly
March 22, 2010
Bloomberg NewsMonday's decision throws out a $65.2 million patent-infringement verdict won by Ariad for royalties on Lilly's osteoporosis
drug Evista and sepsis medicine Xigris.
MoreState attorney general looks to challenge health care bill
March 22, 2010
Associated PressAttorneys general in at least 13 states have signaled they intend to challenge the constitutionality of the legislation in
court.
MoreBill kicks off years of change for local health care players
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.
MoreReform offers risk, opportunities for Lilly, WellPoint
March 22, 2010
IBJ Staff and Bloomberg NewsDrugmakers and insurers could gain millions of customers under the legislation, but the industry also will pay new fees and
face stricter rules that may shrink profit and fuel mergers.
MoreCongress passes historic health care bill
March 21, 2010
Associated PressTo pay for the changes, the legislation includes more than $400 billion in higher taxes over a decade, roughly half of it
from a new Medicare payroll tax on individuals with incomes over $200,000 and couples over $250,000.
MoreSimon Property Group adds Glasscock to board
March 18, 2010
IBJ Staff and Associated PressFormer WellPoint Inc. leader Larry Glasscock has joined the board of directors of the Indianapolis-based real estate giant.
MoreDeadline passes with no bids to buy Winona
March 17, 2010
The city of Indianapolis, which had listed the property for $667,500, had hoped to sell it the former hospital for redevelopment.
MoreLilly sues to block generic of Adcirca lung treatment
March 17, 2010
Bloomberg NewsNetherlands-based Synthon Pharmaceuticals is seeking U.S. Food and Drug Administration approval to sell a copy of the medicine.
MoreIU incubator attracts East Coast biotech startup
March 17, 2010
IBJ StaffCompanion Diagnostics Inc. moves from Connecticut to the IU Emerging Technologies Center, hopes to create 30 high-paying jobs
by 2014.
MoreWellPoint expects loss of 400,000 insured members this year
March 17, 2010
IBJ Staff and Bloomberg NewsIndianapolis-based health insurer expects revenue, profit to fall as persistently high unemployment reduces employer-sponsored
insurance enrollment.
MoreIndiana health groups dial back lobbying
March 17, 2010
J.K. WallIndiana health-related companies were somewhat absent from the lobbying bonanza that gripped Washington, D.C., in 2009. For
all the heat and light about health reform, major Indiana companies actually spent slightly less to lobby Congress.
MoreWishard debt $80M below 'best' scenario
March 17, 2010
J.K. WallHistorically low bond rates will help the parent corporation of Wishard Health Services build hospital for less money
than expected.
MoreSt. Francis acquires orthopedic surgery practice
March 16, 2010
J.K. WallSt. Francis Hospital & Health Centers has acquired Joint Replacement Surgeons of Indiana, a six-doctor practice that
operates in St. Francis' Mooresville hospital.
MoreLilly victim of theft from Connecticut warehouse
March 16, 2010
IBJ Staff and Associated PressPharmaceuticals stolen Sunday morning could be worth up to $75 million.
MoreLilly pays $50M-plus for rights to testosterone lotion
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.
MoreWellPoint affiliate ordered to pay $206K for transplant
March 16, 2010
Associated PressBlue Cross of California has been ordered to reimburse a man $206,000 after he paid for his own liver transplant.
MoreCommunity Health Network Foundation names new CEO
March 15, 2010
IBJ StaffMichele Thomas Dole has been a wealth adviser at JP Morgan Chase and development director of the IU Foundation.
MoreChances of health reform passage soar
March 10, 2010
J.K. WallBy pounding health insurers such as WellPoint Inc., President Obama has greatly boosted his chances of success in the eyes
of Wall Street. But to make his health reform bill reality, he might need to answer the less-than-reassuring news coming from
Massachusetts.
MoreDoctors fighting insurers with data
March 10, 2010
J.K. WallThe Indianapolis Medical Society hopes an online database that compares one doctor's reimbursement rates against market
averages helps its members negotiate with health plans.
MoreHealth care software firm raises $1.15 million
March 9, 2010
J.K. WallIndianapolis-based PolicyStat LLC raised $1.15 million in angel capital from 31 individuals and Halo Capital Group.
MoreIndiana closer to eliminating anti-smoking agency
March 9, 2010
IBJ Staff and Associated PressThe plan approved by the Republican-controlled Senate would transfer the duties of the Tobacco Use Prevention and Cessation
board to the State Department of Health.
MoreWellPoint may be anti-competitive, Connecticut AG says
March 8, 2010
IBJ Staff and Bloomberg NewsWellPoint Inc.'s Anthem Blue Cross & Blue Shield of Connecticut may constrain competition through contracts that require
that the insurer receives hospital discounts at least as favorable as any provided to a competitor.
MoreEli Lilly to buy European rights to Pfizer animal products
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.
MoreSebelius asks insurers to justify rate hikes
March 4, 2010
Associated PressHealth and Human Services Secretary Kathleen Sebelius met at the White House with the CEOs of Indianapolis-based WellPoint,
Aetna, Cigna, UnitedHealth Group, as well as several state insurance commissioners.
MoreDow Agro plans $340M expansion, 577 new jobs
March 4, 2010
Peter SchnitzlerThe investment will greatly expand the company's research and development capacity and is a major win for the Indiana
life sciences industry. Dow AgroSciences expects most of the positions to pay between $65,000 and $95,000 annually.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.