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Health Care & Life Sciences
Lilly's Effient launch just one of its many challenges
August 3, 2009
Greg AndrewsEli Lilly and Co. has blasted past analysts’ earnings projections for two straight quarters. But if Lilly officials
take that as a sign they can breathe easier, they need only flip through a stack of Wall Street research reports on the company.
MoreIs Indiana coming out of venture capital swoon?
August 3, 2009
IBJ StaffCarmel-based Dormir LLC’s announcement July 29 of $12 million in venture financing was the second local life sciences
deal announced in July. It could suggest a turnaround from a woeful second-quarter performance, when Indiana life
sciences firms announced zero venture capital deals.
MoreArcadia hopes health care reform means more revenue
August 3, 2009
J.K. WallThe CEO of Indianapolis-based Arcadia Resources said the environment is perfect for his company's fast-growing DailyMed
service.
MoreDow Agro sale still possible, but less likely
July 30, 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 have decreased.
MoreInvestments propel Baldwin & Lyons profit
July 30, 2009
Baldwin & Lyons Inc. said today that its profit last quarter was the second-highest in company
history, as investment gains from recovering equity markets helped boost performance.
MoreWellPoint stock falls despite quarterly profit
July 29, 2009
J.K. WallWellPoint Inc. shares slipped in morning trading after the company beat analysts’ expectations for second-quarter profits
but failed to raise its year-end earnings forecast. WellPoint earned $1.50 per share in the latest quarter, excluding investment
losses. Analysts were expecting $1.43 per share, according to a survey by Thomson Financial Network.
MoreConseco shares jump after profit report
July 29, 2009
J.K. WallShares of Conseco Inc. soared today in response to the company’s preliminary report of second-quarter profits. The Carmel-based
insurer’s stock price jumped as much as 53 percent, to $2.91, before settling a bit in the afternoon.
MoreCarmel's Dormir raises $12M from venture capital firms
July 29, 2009
J.K. WallCarmel-based Dormir Inc., which operates sleep study centers and sleep equipment stores around the country, raised $12 million
in venture capital from three out-of-state firms. The company plans use the proceeds to acquire six to 10 companies this year
and more next year, according to CEO Tim Miller.
MoreCarmel's Dormir raises $12M from VC firms
July 29, 2009
J.K. WallCarmel-based Dormir Inc., which operates sleep study centers and sleep equipment stores around the country, raised $12 million
in venture capital from three out-of-state firms.
MoreDow AgroSciences names new CEO
July 29, 2009
Chris O'Malley, J.K. WallIndianapolis-based Dow AgroSciences LLC will have a new CEO after its parent organization moves Jerome Peribere into a new
position, the company announced today. Antonio Galindez, 54, vice president of Dow AgroSciences' crops business, will step
into the top job.
MoreConseco says profit in line with estimates
July 28, 2009
J.K. WallConseco Inc. said it would meet analysts’ expectations for the second quarter by posting earnings of at least 22 cents
per share, before investment losses. The Carmel-based health insurer announced the preliminary financial results today after
the market closed.
MoreLilly cancels trials for experimental MS drug
July 28, 2009
J.K. WallEli Lilly and Co. and a development partner has canceled clinical trials on an experimental drug to treat multiple sclerosis
after the drug failed to delay progression of the disease in trial patients.
MoreGrain Dealers Mutual merges with Florida firm
July 28, 2009
Scott OlsonIndianapolis-based Grain Dealers Mutual Insurance Co., one of the largest property-casualty insurers in the state, will
become part of The Main Street America Group, the Jacksonville, Fla.-based company said this morning.
MoreSt. Francis buys big cardiology practice
July 27, 2009
J.K. WallAs concern grows among medical providers that health care reform augurs lower payments, St. Francis
Hospital & Health Centers has agreed to absorb a large group of cardiologists that bring lucrative heart patients to its
facilities.
MorePotential obesity breakthrough boosts Marcadia
July 20, 2009
J.K. WallFavorable article in prestigious journal could draw attention to Carmel biotech startup.
MoreHealth care marketers taking the pulse of consumers' online habits
July 20, 2009
Christina GaloozisHealth care marketers can adapt to, and even use to their advantage, the online search habits of consumers.
Understanding when and why people search for specific health-related terms is vital to attracting more
visitors (i.e. patients) to a Web site.
MoreState law aims to attract doctors to areas in need of care
July 20, 2009
Scott OlsonA state law that went into effect July 1 attempts to attract young physicians and mental health practitioners to underserved
areas by forgiving part of their student loans. But Indiana’s budget woes prevented lawmakers from allocating funds
to support the program.
MoreBATTEN: FTC could resolve antitrust concerns on health care reform
July 20, 2009
Linda M. BattenPresident Obama recently announced a cooperative initiative where health care industry leaders plan to
work together to reform the ailing health care system. Shortly after that announcement, the national
media machine spawned considerable concern among several health care groups that the cooperative effort might violate
federal antitrust laws for collusion and price fixing among competitors.
MoreDrug industry funds Democrat-led panel on health care reform
July 20, 2009
J.K. WallThe pharmaceutical industry—which for two decades has given twice as much in campaign donations
to Republicans as Democrats—organized a panel composed mostly of Democrats this month in Indianapolis
to argue its position on health care reform.
MorePEASE: Archaic physical therapy laws drive up health costs
July 20, 2009
Brian PeaseIf you want to see a physical therapist in Indiana, you must first see a physician for a consultation
and referral. It’s the law. Indiana is one of only six states where patients are denied direct
access to physical therapy treatment, and one of only two states where evaluation without referral is
prohibited.
MoreLong-term-care business to help Wishard cover construction debt
July 20, 2009
J.K. WallTo pay for a shiny new downtown hospital, the parent corporation of Wishard Health Services will commit itself to yearly
debt payments 10 times as high as they are now. But Wishard officials have no doubt they can bear the extra load
because of places like Rosewalk Village, a nursing home that sits on the eastern side of Indianapolis.
MoreProfessors go online to revolutionize drug discovery
July 20, 2009
IBJ StaffTwo chemistry professors at IUPUI are laboring to create the McDonald’s of research laboratories—low-cost and
all over the world.
MoreBiomet reports loss on special charges
July 15, 2009
IBJ StaffBiomet Inc. yesterday reported a $170.9 million loss in its fiscal fourth quarter as the result of more than $300 million
in special charges.
MoreHilbert in-law's life insurance dispute takes odd turn
July 13, 2009
Peter SchnitzlerLocal businessman J.B. Carlson contends the $15 million life insurance policy he took out on Stephen Hilbert’s mother-in-law
was legitimate, because she served on his firm’s board and was a key decision-maker. The mother-in-law, Germaine
“Suzy” Tomlinson, died at age 74 last September—just 32 months after the policy was issued.
MoreEndocyte, Purdue develop prostate cancer treatment device
July 13, 2009
IBJ StaffPurdue University researcher Philip Low, also the chief science officer for West Lafayette-based Endocyte Inc., has developed
a prostate cancer “homing device” to help anti-cancer agents specifically target prostate
cancer tumors.
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Ameriana Bank took over Westfield Farmers Market for 2013 and it is held in their parking lot, corner of 32 and Carey road, 5 to 8. I am selling soap and candles there. great market!
B&T certainly has enough of our taxpayer dollars to do this thanks to Mayor Ballard. Given the firm's exceedingly poor reputation in the legal community, the basement would seem a better option.
Should read MAY hire 20 people.
Not a good location for a 300,000 home. 10th Street fumes, buses, noise. Max for this location 150,000.
The state constitution also does not say that the majority has a right to quorum, nor that the minority is required to allow them quorum. In fact, denial of quorum has been a parliamentary maneuver since the establishment of the first parliaments in the early 1600s. The right to deny quorum (and the requirement fore quorum) are to prevent exactly what happened in Indiana: A tyrannical majority pushing through odious, objectionable legislation. Denial of quorum is totally legitimate, and lest we forget, a tactic the GOP has employed many, many times to ensure their issues weren't given short shrift. By allowing the majority to impose "fines" on the minority for exercising the authority the constitution grants them (to deny quorum,) they are violating the constitution.