Health Care & Life Sciences

Medical equipment maker primed to expand in Greenwood

September 16, 2010
J.K. Wall
Advantis Medical Inc., a maker of cases and trays for surgical instruments, plans to add more than 100 jobs in Greenwood over the next five years.
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Community moves to integrate doctors

September 15, 2010
J.K. Wall
Health Care watch videoCommunity Health now has about 550 physicians, either on its payroll or committed through integration contracts, who have some of their pay hinge on measures of quality and communication. CEO Bryan Mills says the hospital system is looking to add even more.
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State insurance chief Cutter dies

September 15, 2010
J.K. Wall
Indiana Insurance Commissioner Carol Cutter passed away Sept. 6 in Indianapolis after a months-long struggle with illness. She was 67. Cutter had been on leave from the department since January.
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VoCare raises $2.2 million for telehealth device

September 13, 2010
J.K. Wall
The local startup expects to raise another $1.3 million this year and launch pilots of a new mobile device connecting patients with doctors.
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On-site health care clinics moving beyond traditional settingsRestricted Content

September 11, 2010
J.K. Wall
Health clinics based in employers' offices are showing signs of breaking out of their niche among blue collar and government employers—factories, warehouses and school corporations—and could pop up in Class A office buildings filled with white collar workers.
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Clarian expanding neurosurgery unit, aiming for national draw

September 11, 2010
J.K. Wall
Methodist Hospital is spending $27 million to renovate its neurosurgery suites as the centerpiece of a big expansion its owner, Clarian Health, hopes will create nearly 1,200 jobs over the next decade and vault Methodist into the top 10 neurosurgery sites in the nation.
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Lilly investing up to $150M in VC funds

September 8, 2010
Bloomberg News
The three venture funds, which will focus on drug development, may be worth a total of $750 million, up to $250 million each, and Lilly will contribute as much as 20 percent of the money.
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Lab used by Lilly, peers accused of animal cruelty

September 8, 2010
 IBJ Staff and Associated Press
An investigation found that lab employees kicked, threw, and dragged dogs; lifted rabbits by their ears and puppies by their throats; violently slammed cats into cages; and exposed animals to toxic chemicals.
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Law firm says ex-Conseco director shorted it on feesRestricted Content

September 4, 2010
J.K. Wall
The last man to settle with with the Carmel insurer over unpaid debt now is now being sued for not paying his legal bill.
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Indianapolis software firm RealMed acquired

September 2, 2010
 IBJ Staff
Health care software firm RealMed Corp. will keep its base of operations in Indianapolis after being acquired by health information exchange provider Availity LLC of Jacksonville, Fla. Terms of the deal announced Wednesday were not disclosed.
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Appeals court ruling upholds Lilly's Evista patents

September 1, 2010
Bloomberg News
Eli Lilly and Co. won a court ruling Wednesday that blocks plans by Teva Pharmaceutical Industries Ltd. to sell a generic version of the Evista osteoporosis treatment before March 2014.
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Downtown Clarian project expected to create 1,200 jobs

September 1, 2010
Scott Olson
Neurosciences center and administrative building would employ workers with annual salaries ranging from $27,000 for clerical staff to as high as $104,000 for management.
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Local economic espionage case full of intrigue

September 1, 2010
Cory Schouten
The government's allegations read like a spy novel: Dr. Ke-xue "John" Huang lands a job at Indianapolis-based Dow AgroSciences and over five years works himself into a position of trust, with access to trade secrets and processes the company has invested $300 million to develop.
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Partnership gives Angie's List members medical price info

September 1, 2010
J.K. Wall
Angie’s List has partnered with Tennessee-based Healthcare Blue Book to give its members price information before they receive medical care.
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After health reform, Lilly looking for more

September 1, 2010
J.K. Wall
The health reform debate may have ended in Congress, but Eli Lilly and Co. remains active, sponsoring a talk about the positives of the bill—and calling for further government efforts to help pharmaceutical research and development.
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Ex-Dow Agro scientist's espionage indictment unsealed

August 31, 2010
 IBJ Staff
A federal indictment unsealed Tuesday in Indianapolis charged 45-year-old Ke-xue "John" Huang with theft and attempted theft of trade secrets to benefit a foreign government.
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Former Hilbert mansion draws local interest in auction

August 31, 2010
Scott Olson
Sealed-bid auction attracts a half-dozen bids from interested owners that are "more centrally located than you might think," said the listing agent.
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Some states suing feds also claim health subsidies

August 31, 2010
Associated Press
An administration official said Tuesday that seven states, including Indiana, suing the federal government are among 16 already approved for subsidies to help with the health care costs of early retirees.
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Indiana report shows drop in medical errors

August 30, 2010
Associated Press
The most common error in the 2009 report was a foreign object such as a sponge left in a patient after surgery.
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A half-century later, Indiana Landmarks returns to roots

August 28, 2010
Cory Schouten
Old Centrum Watch VideoBankrolled by yet another multimillionaire, the historic preservation group is preparing to move into a new headquarters in Old Centrum, a former church now undergoing a big renovation.
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iSalus sees business boom as docs chase stimulus cash

August 28, 2010
J.K. Wall
The company is seeing a rush of new sales for its Web-based electronic medical record system from doctors, who all stand to receive bonus payments from the federal stimulus act for computerizing their patient records.
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Endocyte's $86M IPO plan a boon for Indiana, investors

August 28, 2010
Greg Andrews
Venture capitalists in Indiana and nationally have thrown money at the company with abandon. Local investors include CID Capital, Clarian Health Ventures and the Indiana Future Fund.
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Health insurer cash shifts to favor Republicans before election

August 27, 2010
Bloomberg News
Health insurers led by WellPoint Inc. are backing Republicans with campaign donations by an 8-to-1 margin, favoring the party that's promised to repeal President Barack Obama's health-care overhaul if it wins back Congress.
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Lilly wins further delay in sales of Strattera copies

August 26, 2010
Bloomberg News
Strattera generated U.S. sales of $445.6 million last year, and each day that Lilly can fend off generic competition would translate into an average $1.22 million in sales.
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Dean named for planned osteopathic school at Marian

August 26, 2010
Associated Press
Marian University in Indianapolis has named the founding dean of an Atlanta-area medical school to head up the school for osteopathic doctors it plans to open in 2012.
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