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Health Care & Life Sciences
INpact Medical Device Network matches start-ups with service providers
August 24, 2009
Chris O'MalleyIndustry groups in the life sciences, medical and information technology realms have helped lure companies to the region
and foster upstarts. Funding is almost always an issue, but it’s not the only barrier. Getting medical
devices to market often requires product design, development and marketing resources that aren’t
always apparent to upstarts.
MoreDocs offer varied cures for ailing health care system
August 24, 2009
J.K. WallIndianapolis physicians are mixed on the merits of a government-run, "public" health insurance plan. How reforms
might affect their pay is another major concern.
MoreLennen, Ledyard named hospital presidents
August 21, 2009
IBJ StaffCommunity Health Network has chosen Anthony Lennen as president of Community Hospital South and Dr. Robin Ledyard as president
of Community Hospital East, the health care system announced this morning.
MoreLilly drops osteoporosis pipeline drug
August 18, 2009
J.K. WallEli Lilly and Co. pulled the plug on yet another drug in its pipeline that was in the late stages of testing, further complicating
the company’s attempts to find revenue before losing patent protection on its bestseller.
MoreNew health center to carry Jane Pauley's name
August 18, 2009
IBJ StaffCommunity Health Network and the Metropolitan School District of Warren Township will open a new community health center inside
the Renaissance School, at 30th Street and Post Road in Indianapolis, the two organizations announced today.
MoreLilly pays $224,000 to area doctors
August 17, 2009
IBJ StaffIt’s no secret that Eli Lilly and Co. is the biggest private employer in the Indianapolis area. But
Lilly also supplemented the incomes of a few dozen local doctors — to the tune of more than $224,000 in just the first
quarter.
MoreGlut of downtown office space grows
August 17, 2009
Cory SchoutenSafeco is leaving a five-building complex on North Meridian Street, and Eli Lilly and Co. has offered for lease its entire
four-building Faris campus.
MoreTenants trickling in to Purdue’s technology center
August 17, 2009
Chris O'MalleyFor a city feverishly growing its technology and life sciences sectors, it seemed a bit anticlimactic last January when
Purdue University dedicated its new technology center with only one tenant. But the lone tenant in the $12.8
million complex, FlamencoNets, a high-tech telecommunications firm, is about to get some company.
MoreHICKS: Health care experts make poor economists
August 17, 2009
Mike HicksIn almost every place that two or more Americans gather, health care is debated. Because the bills before Congress are
inaccessible, the debate has shifted instead to principles such as the role of government and individual freedoms. I think
this a healthy thing.
MoreDailyMed sales trim Arcadia losses
August 13, 2009
J.K. WallArcadia Resources Inc. narrowed its losses in its most recent quarter as it started to accelerate sales in its highly-touted
DailyMed program, the company said today.
MoreAbatement approval paves way for Covance jobs
August 12, 2009
Scott OlsonThe Hancock County Council this morning unanimously approved a tax-incentive agreement that should lead Covance Inc. to add
315 jobs at its Greenfield Laboratories.
MoreCook predicts blockbuster with new stent
August 12, 2009
J.K. WallBloomington-based Cook Medical has won European approval for a new artery-opening device for the legs that it predicts will
be a blockbuster.
MoreHigh-ranking WellPoint exec stepping down
August 11, 2009
J.K. WallWellPoint Inc.'s internal audit and chief compliance officer - and highest-ranking black executive - will leave the company
later this month, according to a companywide e-mail sent out yesterday.
MoreUnion sues Conseco over restatement
August 10, 2009
J.K. WallCarmel-based Conseco Inc. faces a shareholder lawsuit by a union pension fund over an earnings restatement the company made
18 months ago.
MoreEmerging life sciences companies grabbing more in government grants
August 10, 2009
Chris O'MalleyMore emerging life science companies have found life in the form of federal
Small Business Innovation Research grants.
MorePOWER BREAKFAST: Panel applauds progress, identifies challenges
August 10, 2009
IBJ StaffA panel of five leaders of the state’s life sciences
industry took on a wide range of topics
July 24 at IBJ’s Power Breakfast
at the Westin Indianapolis.
MoreLilly reorganizes venture capital unit
August 10, 2009
Peter SchnitzlerEli Lilly and Co. has reorganized its venture capital division and simultaneously poured in an additional $25 million.More
For Zotec CEO, health care reform cuts both ways
August 10, 2009
J.K. WallIn the eyes of Scott Law, Congress is heading in exactly the wrong direction on health care reform.
But the CEO of Zotec Partners predicts a big bump in sales for his physician-billing management company if current reform proposals become law.
MoreBut the CEO of Zotec Partners predicts a big bump in sales for his physician-billing management company if current reform proposals become law.
Study: Health reform would be drag on Indiana economy
August 10, 2009
IBJ StaffIf one of the more liberal health care reform proposals becomes law, Hoosier taxpayers would have to spend $425 more per
person every year for the next decade, according to a study released Aug. 4 by Florida-based conservative policy group Arduin
Laffer & Moore Econometrics.
MoreHill-Rom profit drops, beat expectations
August 7, 2009
Hill-Rom Holdings Inc. topped analysts' expectations in its fiscal third
quarter even as hospital-spending cuts clipped its revenue by 9 percent, the company announced late yesterday.
MoreConseco profit at high end of estimates
August 4, 2009
J.K. WallConseco Inc. recorded profit at the high-end of its preliminary
estimates, the company announced today.
MoreLilly offering buyouts to 4,000 sales reps
August 4, 2009
Indianapolis-based Eli Lilly and Co. today said it is offering buyouts to its U.S. sales force,
with hopes of trimming about 300 sales representatives before a sales restructuring set to begin in January, Reuters reported.
MoreA new centerpiece for city's convention strategy: medical, science groups
August 3, 2009
Anthony SchoettleThe Indianapolis Convention and Visitors Association is putting together an all-star corporate consortium to make the city
a hub for medical and life sciences conventions, meetings and trade shows. The ICVA began running the initiative
full-speed this year and already has signed deals to bring 40 medical meetings to Indianapolis through 2015, including annual
meetings for the American Association of Diabetes Educators in 2012 and the American College of Sports Medicine and American
Chemical Society in 2013.
MoreLilly software spinoff Maaguzi sells for $11 million
August 3, 2009
Chris O'MalleyInvestors in a company built around clinical research software bought from Eli Lilly and Co. have found their exit, though
it’s far from the lucrative payoff they’d once imagined.
MoreDow Chemical seems poised to keep AgroSciences
August 3, 2009
Peter SchnitzlerMidland, Mich.-based Dow Chemical Co. is still considering divesting Indianapolis subsidiary Dow AgroSciences LLC. But
chances that the chemical manufacturing giant will sell its local agricultural chemical and biotech unit appear to have decreased.
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Just because someone supports the project, they are a PR shill for the developer? Myself and everyone I know has no connection whatsoever to any developer. We just want Broad Ripple to move forward and develop, not stay stagnant.
And the failure on the part of Indiana GOP to allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes?
It would have been nice if they could have arranged for at least some of Zaxby's menu to be sold at the concession stands as part of the marketing campaign.
Get the feeling Browning has some PR presence on the message board this morning. I don't know a single person in the neighborhood who supports this project.
Grew up in Warfleigh, which is the neighborhood directly across College from the proposed development. I am against the proposed project for several reasons: 1) Traffic Flow -- College is already a mess, especially with the new lane guidance which makes the southbound left lane 'turn only' at Broad Ripple Ave. Not to mention the backups at 64th and College. If this is in fact a Whole Foods, I would expect a steady stream of cars pulling in and out, either off College or 64th Street which are both bad already. 2) Use of TIF funds. I though TIF funds were for under-developed areas, to help bolster property tax rolls for the city. I agree with Barth that this area will do just fine letting market forces dictate what is developed. 3) Specialty Grocer Overkill. There is already a Fresh Market a mile south and a Whole Foods 2 miles north. This store is not needed. Frankly I shocked that the Whole Foods site selection criteria supports a store right here 4) Hurts the Character of the Neighborhood. This type of development, along with the (hideous) parking garage down the street are out of character with the history and fabric of this area. Broad Ripple has succeeded because it was quirky and different. It would be a shame if the city gets involved and helps support ANOTHER project that aims to turn Broad Ripple into some kind of manufactured urban center.