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Health Care & Life Sciences
CNO Financial earnings fall on recapitalization charge
October 29, 2012
IBJ StaffCarmel-based CNO Financial Group on Monday reported a third-quarter loss of $5 million compared to a $179.5 million profit
in the third quarter of 2011.
MoreLilly's insulin dip concerns analysts
October 29, 2012
J.K. WallEli Lilly and Co. suffered a tough week on the stock market, in part because of a disturbing bit of news buried in its third-quarter
earnings report: Lilly’s insulin sales are down.
MoreOutlook gloomy for device investments
October 29, 2012
J.K. WallThe amount of venture capital invested in medical-device and equipment companies nationally has declined each quarter this
year, reaching levels not seen since 2004, according to data released Oct. 19 by the National Venture Capital Association
and PricewaterhouseCoopers.
MoreJudge approves $90 million for Anthem plaintiffs
October 29, 2012
Kathleen McLaughlinThe settlement will go to 700,000 claimants in Indiana, Ohio, Kentucky and Connecticut, who said Anthem underpaid them when
it converted in 2001 from policyholder ownership into publicly traded company WellPoint Inc.
MoreZimmer trims full-year forecast after quarterly profit falls
October 25, 2012
J.K. WallThe Warsaw-based maker of orthopedic implants beat analysts’ estimates with its third-quarter earnings, but lowered
its full-year forecast.
MoreLilly misses analyst estimates, lowers profit forecast
October 24, 2012
J.K. WallThird-quarter earnings at Eli Lilly and Co. fell short of analysts' expectations, and the Indianapolis-based drugmaker reduced
its profit forecast by 4 cents per share for the remainder of the year.
MoreAmerigroup shareholders approve $4.9B sale to WellPoint
October 24, 2012
J.K. WallShareholders of Amerigroup Corp. overwhelming approved the Virginia company’s sale for $4.9 billion to Indianapolis-based
health insurer WellPoint Inc. in a vote on Tuesday. The vote clears the way for the acquisition to close before the end of
the year.
MoreLilly CEO calls for life sciences research institute
October 23, 2012
J.K. WallEli Lilly CEO John Lechleiter on Tuesday called for creation of a "world-class" research institute in Indianapolis to bring
together scientists from universities and corporations to develop new medical therapies and companies.
MoreRoche continues to restructure diabetes unit
October 22, 2012
J.K. WallRoche officials said last week that price competition and lower reimbursement rates are forcing it to make an unspecified
number of cuts in its U.S. sales force and at its research and development hubs in Indianapolis and Germany.
MoreLilly continues string of positive trials
October 22, 2012
J.K. WallEli Lilly and Co. is continuing a string of positive yet incomplete clinical trial results, giving it a boost among investors.
MoreLilly says experimental diabetes drug outperformed rivals
October 22, 2012
J.K. WallEli Lilly and Co. said dulaglutide lowered blood sugar better than three existing diabetes drugs in three Phase 3 clinical
trials. Analysts expect the drug to hit the market in 2014 or 2015 and become a blockbuster.
MoreIndianapolis tech firms, hospitals discover mutual need
October 20, 2012
Chris O'MalleyAn initiative is matching tech entrepreneurs with hospital officials in the hope of solving health care problems.
MoreAlzheimer’s prevention seen promising as drug cures fail
October 19, 2012
Bloomberg NewsResearchers are set to test drugs by Eli Lilly and other companies that may prevent Alzheimer’s disease after efforts
to find a cure have been unsuccessful.
MoreLawsuit claims Aspen Dental clinics operating illegally
October 18, 2012
Associated PressA federal lawsuit filed in New York claims Aspen Dental Management and the private equity firm that controls it illegally
operate dental clinics across the country. The company operates 29 offices in Indiana.
MoreCan Lilly capitalize on Alzheimer's breakthrough?
October 15, 2012
J.K. WallEli Lilly and Co. has apparently made major medical history by being the first to develop a drug that alters the course of
Alzheimer’s disease. But whether Lilly can be the first to make major money from a disease-altering Alzheimer’s
drug is still in doubt.
MoreFirm sees sterilization as fertile business ground
October 15, 2012
J.K. WallIndianapolis-based medical-device maker Catheter Research Inc. will receive a new kind of sterilization machine in December
that it hopes will reduce costs and wait times for medical-device companies in the Midwest—including itself.
MoreLilly stomach-cancer drug helps survival, study finds
October 15, 2012
Bloomberg NewsEli Lilly and Co. shares rose nearly 5 percent Monday morning after it said a study found that its experimental stomach-cancer
drug helped patients with advanced disease live longer.
MoreEvans to lead AIT again as CEO leaves company
October 15, 2012
IBJ StaffRon Thieme, who took over as president and CEO of AIT Laboratories during a management shakeup earlier this year, is leaving
the company, the Indianapolis-based firm announced Monday morning.
MoreSmall law firm sees faith in WellPoint class-action suit pay off
October 13, 2012
Greg AndrewsA federal judge in June granted preliminary approval to a deal under which WellPoint Inc. would pay $90 million to settle
a lawsuit charging it undercompensated policyholders when it converted into a public company in 2001.
MoreWellPoint reorganizes into four business units
October 11, 2012
Bloomberg NewsSeparate Medicare and Medicaid divisions each will sell plans for those government-backed insurance programs. Another will
handle commercial and individual business, and a specialty unit will provide dental, vision and disability coverage.
MoreLilly, Roche drugs chosen for Alzheimer’s prevention trial
October 10, 2012
Bloomberg NewsEli Lilly & Co.’s solanezumab and Roche Holding AG’s gantenerumab were selected for a long-term Alzheimer’s
trial run by Washington University at St. Louis scientists seeking to block the disease’s symptoms.
MoreLilly shares rise on Alzheimer's study results
October 8, 2012
J.K. WallEli Lilly and Co.’s Alzheimer’s drug slowed cognitive decline 34 percent in patients with mild forms of the disease,
according to an analysis of Lilly’s clinical trial data released Monday. Lilly’s share price jumped more than
5 percent on the news.
MoreStudy: Newly insured to be poorer, less educated
October 8, 2012
J.K. WallNew health insurance coverage created by the 2010 health reform law will attract a lower-income, less-educated and more diverse
set of customers than the insurance markets that exist today, according to a new analysis by PricewaterhouseCoopers. And that
could create challenges for doctors and hospitals trying to care for those patients.
MoreLilly counting on diabetes products to challenge larger rivals
October 8, 2012
Bloomberg NewsEli Lilly and Co. is betting on a “broad” range of diabetes products including pills, insulins and a once-a-week
treatment to take on bigger competitors, said Enrique Conterno, president of Lilly Diabetes.
MoreNew Alzheimer's unit stresses soothing elements
October 6, 2012
Scott OlsonThe 36-room wing at Hoosier Village Retirement Center includes antiques and minimizes confusing shadows among other design
elements.
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We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.
The Prestige was a great flick.
Larry - even though the race is on ABC, ESPN does all of the work, so that is why ESPN is mentioned. Most sports on ABC are called something like "ESPN on ABC."
My oldest daughter graduated from IU with a Secondary Education degree. She graduated with honors and spent 3 years trying to find a teaching job in Indiana. Many of her fellow education degree graduates still don't have teaching jobs. As schools downsize and cut budgets, less teaching jobs are available. I'm not sure I see why we feel the need to bring more teachers to Indiana.