Health Care & Insurance

Enzon Pharmaceuticals sells Indy drug plant; 100 local jobs safe

February 1, 2010
New Jersey-based Enzon Pharmaceuticals Inc. has sold its Indianapolis plant that manufactures specialty drugs in a deal that could top $300 million. The buyer says that the operations, which employ about 100, will remain in the city.
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St. Vincent to buy Care Group, city's largest cardiology practice

January 30, 2010
J.K. Wall
St. Vincent Health is near an agreement to take over The Care Group LLC, the city's largest independent physician practice and largest cardiology group in the nation.
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Federal rule tied to electronic medical records panned

January 30, 2010
J.K. Wall
The government has erected a high fence around a pot of $27 billion available to doctors and hospitals that successfully computerize their patient records by next year, sparking complaints.
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Health care reform will go on regardless of federal government

January 30, 2010
 IBJ Staff
Massachusetts’ election of a Republican senator has put health reform legislation on life support. But for the health care industry, reform is a reality that isn’t going to die.
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Bioanalytical Systems' CEO announces retirement

January 28, 2010
Peter Schnitzler
Struggling West Lafayette life science contract research firm will search nationally for a new permanent leader.
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Lilly shares trade down after fourth-quarter profits falls

January 28, 2010
J.K. Wall
Analysts worry about dive in already paltry sales of new blood thinner Effient
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Accounting charge dents Zimmer's fourth-quarter profits

January 28, 2010
J.K. Wall
But excluding special charges, Warsaw-based orthopedic implant maker grows profits 5 percent, easily beating expectations of Wall Street.
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Express Scripts to add 182 pharmacy jobs by 2012

January 27, 2010
 IBJ Staff
Drug distribution firm that acquired former WellPoint subsidiary plans to consolidate specialty pharmacy work at local airport facility.
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Concluding the worst is over, investors warm to WellPoint

January 27, 2010
J.K. Wall
Analysts say losses of employer-sponsored insurance customers due to layoffs is finally slowing down.
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Lilly shares get boost from OK of rival's drug

January 26, 2010
 IBJ Staff and Bloomberg News
Shares of Lilly and partner Amylin rose on hopes that their new version of Byetta will be approved following U.S. regulators' clearance of a similar drug.
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Indianapolis hospitals extending reach statewide

January 23, 2010
J.K. Wall
St. Vincent Health's agreement to lease the county hospital in Salem for five years is the latest in a string of deals by Indianapolis hospital systems seeking a statewide presence.
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Indiana GOP wants to block federal health reform mandates

January 23, 2010
 IBJ Staff
Republicans in the Legislature have joined their counterparts in 25 other states in trying to prevent key aspects of reform from taking effect in Indiana.
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Senate bill would snuff out Indiana's smoking-cessation agency

January 22, 2010
Peter Schnitzler
Anti-tobacco advocates worry cost-cutting move could seriously diminish state's efforts to curb Hoosier tobacco use.
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Medical imaging supplier moves to Indianapolis

January 19, 2010
Scott Olson
Associated X-Ray Services relocates headquarters from South Bend to Indianapolis and also announces the company has changed its name to AXS Imaging.
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Biotech firm plans $28M Greenwood plant

January 19, 2010
Greenwood pharmaceutical firm Elona Biotechnologies plans to build a $28 million production facility and create 70 jobs to help develop a cheaper form of insulin that could gain significant market share.
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FDA letters scold Lilly, others over marketing materials

January 13, 2010
Associated Press
The letter to Indianapolis-based Lilly cites a print advertisement for the antidepressant Cymbalta that did not adequately display information about the drug's side effects.
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Indy man gets 2 years for extorting insurance firm

January 13, 2010
Associated Press
Kevin Stewart stole a computer server that contained the names and confidential information of 900,000 people.
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Roche taps new local CEO

January 12, 2010
J.K. Wall
Roche Diagnostics named a new CEO for its North American operations Tuesday to replace Michael Tillmann, who resigned on Friday.
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Doctors resume battle with Anthem, health insurersRestricted Content

January 9, 2010
J.K. Wall
Doctors are pushing again to strengthen their hands in contract negotiations with health insurers, especially market leader Anthem Blue Cross and Blue Shield.
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WellPoint stock surging on positive analyst forecasts

January 7, 2010
 IBJ Staff and Associated Press
The long-term outlook for health care reform is uncertain, but many analysts are expecting big health insurers like Indianapolis-based WellPoint to benefit in 2010.
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Hill-Rom hires new CEO

January 7, 2010
 IBJ Staff
John J. Greisch was most recently president of international operations at Baxter International Inc.
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Witham planning bond sale to acquire Anson site

January 6, 2010
 IBJ Staff
Lebanon-based hospital system also wants to refinance about $21 million in debt on new medical office building.
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FDA cancels meeting to review Lilly's Cymbalta

January 5, 2010
Associated Press
The agency said the meeting was canceled "to allow time for the FDA to review new information" about a proposed new use for the drug.
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Grass-roots groups prepare to fill gaps in health care reform

January 2, 2010
J.K. Wall
Legislation set to come out of Washington will not change the most fundamental problems of the health care system, leaving it up to states, cities and companies to figure out what to do about it.
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Indiana nears 1M mark in swine-flu vaccinations

December 31, 2009
Associated Press
So far this year, 35 people have died in Indiana from swine flu.
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