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Health Care & Life Sciences
BioCrossroads seed fund makes first investments
January 10, 2013
Local startups Esanex Inc. and Algaeon Inc. have received $500,000 and $250,000, respectively, from Indiana Seed Fund II,
BioCrossroads' second fund to help fledgling life sciences companies.
MoreLilly settles with four sisters in DES cancer case
January 9, 2013
Associated PressFour sisters who claimed their breast cancer was caused by a drug their mother took during pregnancy in the 1950s reached
a settlement Wednesday with Eli Lilly and Co. in the first of scores of similar claims around the country to go to trial.
MoreWellPoint draws criticism for California rate increase
January 9, 2013
Bloomberg NewsWellPoint Inc.’s plan to raise the rates for small employers in California was criticized as unreasonable by the state
insurance commissioner, who said customers are being charged this year to cover U.S. health-law fees that won’t begin
until 2014.
MoreDrug sold by Lilly caused cancer, women claim at Boston trial
January 8, 2013
Associated PressIn opening statements Tuesday, a lawyer for Indianapolis-based Lilly told the jury there is no evidence the synthetic estrogen
known as DES causes breast cancer in the daughters of women who took it.
MoreWellPoint says earnings could slightly exceed expectations
January 8, 2013
Associated PressWellPoint Inc. said Tuesday that it expects 2012 earnings at the high end or slightly above a range that the health insurer
reaffirmed last month.
MoreFiscal cliff deal threatens Indiana co-op health plan
January 7, 2013
J.K. WallLast week’s fiscal cliff bargain in Congress dealt a potentially fatal blow to a new health insurance plan, called Remedy
Indiana, that was set to launch this year.
MoreSpotlight falls on IU Health for flu shot firings
January 7, 2013
J.K. WallIndiana University Health got national attention last week for its decision to dismiss eight employees for refusing to get
a flu vaccination. The Indianapolis-based hospital system fired three nurses and five other employees from its IU Health Goshen
Hospital.
MoreBig drug deals expected to return in 2013
January 7, 2013
Bloomberg NewsPharmaceutical companies including Pfizer Inc., Bristol-Myers Squibb Co. and Eli Lilly and Co. could be ready to start making
major acquisitions again.
MoreDecline in fitness club memberships pushes NIFS into arms of seniors
January 5, 2013
J.K. WallHealth club on campus of IUPUI makes up for lost revenue by managing fitness and wellness programs for retirement communities.
MoreStock buyback continues at CNO
January 5, 2013
IBJ StaffThe Carmel-based owner of Bankers Life and other insurance companies has seen its stock rise as it restructures debt.
MoreLilly's 2013 profit forecast tops expectations
January 4, 2013
Associated PressEli Lilly and Co. forecasts its 2013 earnings will grow more than Wall Street expects even though the drugmaker will lose
U.S. patent protection for two more key products in the new year.
MoreTrial set to begin over pregnancy drug sold by Lilly
January 3, 2013
Associated PressFour sisters diagnosed with breast cancer are suing Eli Lilly and Co., a former maker of DES, or diethylstilbestrol, a drug
taken by their mother in the 1950s when she was pregnant. It could be the first of scores of such trials over the drug.
MoreWomen’s physician building targeted for foreclosure
December 21, 2012
A lawsuit from the lender claims that Women's Physician Group still owes $8.7 million on a $9 million loan it received for
a northwest-side building.
MoreLilly agrees to pay $29.4M to settle SEC bribery charges
December 20, 2012
J.K. WallAccording to a statement released by the SEC, Eli Lilly paid $6.5 million—and in some cases gave jewelry and spa treatments—to
win government contracts in Brazil, China, Russia and Poland.
MoreIndiana to receive nearly $793K in Amgen settlement
December 20, 2012
Associated PressAmgen Inc. has agreed to pay Indiana nearly $793,000 as part of a larger settlement to resolve allegations it paid kickbacks
to physicians who prescribed some of its drugs for unapproved uses.
MoreHealth care pricing service comes to Indy
December 17, 2012
J.K. WallChicago-based OkCopay Inc. posts prices offered by Indianapolis health care providers, many of which have agreed to give cash-paying patients a price roughly equivalent to those charged to insured customers. The site also includes pricing information from health care providers that do not give cash-paying patients an additional break.
Lilly finds solace in new Alzheimer's study
December 17, 2012
J.K. WallEli Lilly and Co. suffered a delay in its effort to bring an Alzheimer’s drug to market this month, but it also published
new research that the pharmaceutical company thinks confirms it is on the right track.
MoreIEDC seeks $30M fund to stoke life sciences firms
December 15, 2012
Kathleen McLaughlinThe Indiana Economic Development Corp. is looking to renew its commitment to life sciences by creating a $30 million venture
fund. The amount dedicated to one sector would be equal to the state’s allocation for all high-tech startups over the
past two years.
MoreState expects to extend Healthy Indiana Plan a year
December 14, 2012
Associated PressThe Centers for Medicare and Medicaid Services agreed to a waiver that would allow the state to continue the program unchanged
for a year.
MoreActuarial firm plans expansion at Indy office
December 14, 2012
Milliman Inc. said it will add 26 jobs by 2017 and invest $2 million to install additional information technology equipment
at its office in downtown's Chase Tower.
MoreApartments, shops planned for old Beech Grove hospital site
December 13, 2012
Dubbed Franciscan Place, the $20 million development will feature 150-plus senior-living apartments, shops and a restaurant
in the old hospital. Work is expected to begin in February.
MoreLilly discontinues late-stage trial in rheumatoid arthritis
December 13, 2012
Bloomberg NewsEli Lilly and Co. said it discontinued a last-stage trial of experimental rheumatoid arthritis drug tabalumab for lack of
efficacy. Lilly is still evaluating the drug in the two other late-stage studies.
MoreWellPoint reaffirms 2012 earnings forecast
December 11, 2012
Associated PressWellPoint Inc. is sticking with a 2012 earnings forecast that it had cut in July, and the nation's second-largest health
insurer said it expects next year's earnings to be on par with this year's performance.
MoreReport ranks Indiana among unhealthiest states
December 11, 2012
Associated PressAmerica's Health Rankings lists Indiana 41st in its annual review, which was released Tuesday. Obesity, sedentary habits,
high smoking rates, low public health funding and air pollution contributed to Indiana's low rank.
MoreQ&A
December 10, 2012
J.K. WallMuhammad Yasin began heading up social media marketing at Indianapolis-based HCC Medical Insurance Services
LLC in early 2011. The company, which sells travel insurance and short-term medical insurance online, credits his work with
tripling overall revenue in 2011 to more than $60 million and growing even more this year. Yasin, along with a steady stream
of interns, manages nearly 50 social media accounts on Facebook, Twitter, Pinterest and YouTube, and has about 400,000 total
followers. Collectively, HCC’s social media team produces 2,000 pieces of “content” every month—even
though it operates in a highly regulated industry.
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these guys only skill was to steal from other's hard earned savings.
I voted for him last time and it WAS the LAST time. He needed to to quit running around the world on useless trips, and giving our $$ away to sports teams. I'll vote for anyone but Ballard next time. BTW...we gave $40M to the Pacers and cannot even watch the games on TV.
For the people concerned about traffic, you should know that mixed-use projects (like the one being proposed), actually allows for and encourages more people to walk and bike, thereby mitigating additional automobile traffic. If we continue to design and build suburban-type projects in the City (i.e. automobile-oriented projects), we are not offering anything different from what the suburbs offer, which means we will continue to lose jobs/people to the suburbs. The reason Broad Ripple is somewhat successful today is that people want to live in a place that offers the convenience of being able to walk/bike to restaurants, retail, nightlife, the Monon, etc. Why would you not want to support a project that is complimentary to what already makes the area desirable? The real argument with this project should be its lack-luster design and layout, not the density.
It is unfortunate that there is a perception that celebrities validate an event. The Indy 500 stands on its own, especially for those coming in from out of town. It was always so disturbing to read the gushing descriptions of Ashley Judd threaded throughout the local coverage. Very happy that era is at an end.
Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.