Health Care & Life Sciences

FDA approves first generic versions of Lilly's Cymbalta

December 11, 2013
Associated Press
Cymbalta is Eli Lilly and Co. Inc.'s best-selling drug and posted 2012 sales of $4.7 billion, making it the fifth-highest selling medication in the world. The drug's patent expired Wednesday.
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Obamacare exchange enrollment reaches 3,500 in Indiana

December 11, 2013
J.K. Wall
Enrollment in November was about four times faster than in October, but it will need to be about 12 times faster through the end of March to meet federal projections.
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Indiana extends Healthy Indiana Plan through April

December 10, 2013
Associated Press
The Family and Social Services Administration announced Tuesday it is extending its Healthy Indiana Plan to participants who earn between 100 percent and 200 percent of the federal poverty level.
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IU seeks proposals for Evansville medical facility

December 10, 2013
Associated Press
The university's existing Evansville campus serves students for two years. The new site would allow students to finish their medical education in Evansville.
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Lilly set to fall off second patent cliff

December 9, 2013
J.K. Wall
Eli Lilly and Co. on Wednesday will fall off its second “patent cliff” in as many years as its best-selling drug Cymbalta sees its U.S. patents expire.
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Costs of rare November storms, tornadoes top $1 billion

December 9, 2013
Bloomberg News
Tornadoes and thunderstorms that swept across the U.S. Midwest last month will probably cost more than $1 billion in economic losses, led by damage in Illinois and Indiana, according to insurance broker Aon Plc.
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Hospital cuts create uncertain future for nurses

December 9, 2013
Associated Press
The new climate is a seismic change for many who got into nursing because for generations it had been a recession-proof career.
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Nearly 150 patients moved in hospital transition

December 7, 2013
Associated Press
Eskenazi admitted its first patients and the hospital it's replacing, Wishard Memorial, discharged its last Saturday as part of the transition between the two hospitals.
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Insurance bargain-hunters might miss out on subsidiesRestricted Content

December 7, 2013
J.K. Wall
Hoosiers who sign up for “zero premium” health insurance in the new Obamacare exchanges might end up leaving thousands of dollars on the table. An estimated 250,000 uninsured Hoosiers could qualify for health insurance in the Obamacare exchanges that would cost them nothing—at least upfront.
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IU Health could fall out of network for UnitedHealthcare

December 6, 2013
J.K. Wall
IU Health, the state's largest hospital system, and UnitedHealthcare, the state's second-largest health insurer, have been unable to come to terms on a new set of reimbursement contracts.
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Eskenazi Health hospital set to open Saturday

December 6, 2013
Associated Press
The new $754 million hospital is scheduled to begin accepting patients at 7 a.m. Saturday, which is one minute after Wishard Hospital will stop accepting patients.
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Skjodt donates $2M to Herron's art-therapy program

December 5, 2013
 IBJ Staff
The gift will endow a chair in the program, which is based at IUPUI and was developed with cooperation from the Indiana University School of Medicine. The two-year, full-time residential program is the only one of its kind in Indiana.
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Lilly depression drug fails to meet goals in studies

December 5, 2013
Bloomberg News
Edivoxetine, a derivative of Lilly's Strattera drug for attention deficit disorder, was in the final of three stages of testing usually required for marketing approval by U.S. regulators.
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Lilly invests in NY life sciences venture capital initiative

December 4, 2013
 IBJ Staff
Indianapolis-based Eli Lilly and Co. has joined two other companies to contribute $40 million to an early-stage life sciences venture capital initiative in New York City.
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Lilly called likely suitor for Novartis veterinary unit

December 3, 2013
Bloomberg News
Novartis AG’s animal-health business is drawing interest from drugmakers including Indianapolis-based Eli Lilly and Co. and Merck & Co. as the Swiss pharmaceutical giant prepares to sell the unit, people with knowledge of the matter said.
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Anthem, insurance trust create Obamacare alternative

December 2, 2013
J.K. Wall
Anthem Blue Cross and Blue Shield has teamed up with the Indiana Manufacturers Association to give small manufacturers an option to side-step one of Obamacare’s new community rating restrictions.
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Health law small-business insurance site delayed 1 year

November 27, 2013
Associated Press
The Obama administration is delaying yet another aspect of the health care law, putting off until next November the launch of an online portal to the health insurance marketplace for small businesses.
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IU Health latest to voice opposition to marriage amendment

November 26, 2013
IU Health, the state’s fourth-largest employer, said it was opposing a proposed amendment against same-sex marriage for health-related reasons.
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Survey: One-third of Hoosier workers in high-deductible plans

November 25, 2013
J.K. Wall
An annual survey by the benefits consulting firm Mercer found that, among 75 Hoosier employers, 34 percent of workers are already enrolled in consumer-directed health plans. And that number is only going to go up due to new Obamacare rules.
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UnitedHealthcare pulls back from niche

November 23, 2013
J.K. Wall
Come January, UnitedHealthcare, the second-largest health insurer in Indiana, will have no major-medical policies to sell to individual Hoosier customers.
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Suburban Indy hospitals see health care reform as ally

November 23, 2013
J.K. Wall
For years, the county-owned hospitals ringing Indianapolis have watched warily as the city’s four major hospital systems used their superior size and resources to push ever outward into the suburbs.
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FELDMAN: Affordable Care Act stirs paradoxes for employers

November 23, 2013
Judd Feldman / Special to IBJ
In addition to managing the complexity and challenges of the Affordable Care Act, employers are assessing the law’s impact on their Worker’s Compensation program. The debate ranges from minimal influence to significant, with many experts hedging their bets with a wait-and-see approach.
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TABLER: Market is driving trend toward 'public health'

November 23, 2013
Norman Tabler / Special to IBJ
The movement toward a “public health” model may be the most important current trend in American health care. Because the trend is more a result of market forces than of the Affordable Care Act, repealing Obamacare won’t stop it.
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Experts: Fix for $600M health care site needs more time, money

November 22, 2013
Associated Press
Technology experts say healing what ails the Healthcare.gov website will be a tougher task than the Obama administration acknowledges.
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Indiana says insurers can't reinstate canceled policies

November 20, 2013
J.K. Wall
The state insurance department said Wednesday morning that to do so would "create logistical chaos" and "destabilize" Indiana's individual health insurance market.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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