Health Care & Life Sciences

Rival's lawsuit could delay launch of new Lilly insulin

January 31, 2014
J.K. Wall
Paris-based Sanofi sued Eli Lilly and Co. on Thursday for patent infringement. That suit triggers an automatic 30-month delay on Lilly’s plans to launch a similar version of Sanofi's once-a-day insulin Lantus.
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Lilly tops estimates despite shrinking Cymbalta sales

January 30, 2014
Bloomberg News
The Indianapolis drugmaker said gains in other products offset declines for its top drug Cymbalta, which lost patent protection in December. Overall, sales slipped 2 percent, to $5.8 billion.
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Indianapolis businessman indicted for health care fraud

January 29, 2014
J.K. Wall
Ronald Reed, the owner of Benchmark Mobility Corp., allegedly billed the Medicaid and Medicare programs for used wheelchairs, scooters and lift chairs as if they were brand new, obtaining nearly $443,000 in fraudulent sales.
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WellPoint's profit skids, but meets analysts' expectations

January 29, 2014
J.K. Wall and The Associated Press
Higher expenses and charges related to the sale of its 1-800-Contacts subsidiary to a private equity firm pushed WellPoint's earnings down 68 percent in the fourth quarter.
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Panel delays vote on bill to require prescription for cold meds

January 27, 2014
Ryanne Wise, The Statehouse File
A committee heard two hours of testimony Monday on a bill that would make medicine containing pseudoephedrine a schedule III drug. The committee did not vote.
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New tiered network trips up IU Health, UnitedHealthcare talks

January 27, 2014
J.K. Wall
In spite of offers to strike a short-term extension, UnitedHealthcare and Indiana University Health are still hung up in contract negotiations on one key point: Minnesota-based UnitedHealthcare wants to create a multi-tiered network of providers and services that would offer the lowest co-pays and deductibles for favored hospital systems—which IU Health is not.
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Lilly said to be willing to pay $3.7B for biotech firm

January 27, 2014
J.K. Wall
A newspaper says Eli Lilly and Co. is a leading contender to acquire a Massachusetts-based biotech company with a troubled leukemia drug.
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View of health rollout improves, but only slightly

January 27, 2014
Associated Press
Negative perceptions of the health care rollout have eased, a new poll finds. But overall, two-thirds of Americans say things still aren't going well.
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Biological drug bill advances to full Senate

January 23, 2014
Allie Nash, The Statehouse File
The Indiana Senate is set to consider legislation that could give patients access to more options for drug treatments that derive from biological organisms.
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Reorganization leaves Methodist Hospital prez without job

January 23, 2014
J.K. Wall
Jim Terwilliger had led IU Health's two flagship hospitals since July 2012, when longtime executive Sam Odle retired. The CEO of Riley Hospital for Children will replace him temporarily.
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Indiana board suspends doctor linked to 31 deaths

January 22, 2014
Associated Press
The Indiana Medical Licensing Board on Wednesday suspended the license of 83-year-old Dr. Frank Campbell, former medical director of the Madison County Community Health Center.
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Central Indiana hospitals limit visitors over flu

January 21, 2014
Associated Press
A swine flu outbreak has prompted several central Indiana hospitals to restrict visitors to protect patients, families and staff from unnecessary potential exposure.
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Indiana among WellPoint’s weakest exchange states

January 20, 2014
J.K. Wall
Interest in the Obamacare exchanges varies widely across the 14 states in which WellPoint Inc. is selling insurance plans. Indiana is near the bottom of the pile.
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Many small firms to opt out of health benefits in 2015

January 18, 2014
J.K. Wall
Many employers with fewer than 50 workers kept their health plans for 2014, but a growing number say they’ll drop group coverage at the end of this year.
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Prescription could be required to buy cold medicine

January 17, 2014
Ryanne Wise, The Statehouse File
Over-the-counter medications for common colds and allergies could become more regulated under a Indiana House bill introduced last week.
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Obamacare small-biz plan lags as employers stand pat

January 17, 2014
Bloomberg News
Greeted by higher premiums, less generous coverage and more paperwork, small businesses are choosing to renew existing health plans rather than buy them through President Barack Obama’s program.
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Jilted dental patients get $543K in restitution from state

January 16, 2014
 IBJ Staff
Nearly 300 former patients of Allcare Dental & Dentures have received refunds of upfront payments they made before the national dental chain abruptly closed multiple Indiana locations in 2011.
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WellPoint raises its 2013 profit forecast

January 14, 2014
The new forecast roughly matches what Wall Street analysts were already expecting. WellPoint will reveal its actual 2013 financial results on Jan. 29.
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Older Hoosiers dominate health care sign-ups

January 13, 2014
Associated Press
The ranks of Indiana and U.S. residents who have selected health insurance plans through a federally run online exchange are dominated by the oldest, and costliest, age groups.
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Lilly needs more R&D successes to counter declining ROI on new drugs

January 13, 2014
J.K. Wall
Eli Lilly and Co.’s success at moving an experimental migraine medicine forward by using outside companies and capital is good news for this reason: The fundamental business of Big Pharma drug development is in bad shape.
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Lilly reacquires migraine medicine after encouraging results

January 13, 2014
J.K. Wall
Positive results from a Phase 2 trial in patients convinced Lilly to reacquire an experimental migraine medicine. Lilly recorded a charge of $57 million to reflect the purchase price and the costs of further development.
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IU professors' invention tracks eyes to detect brain injuries

January 11, 2014
Anthony Schoettle
Two Indiana University School of Optometry professors are tackling diagnosis of one of the most difficult medical problems facing sports teams at every level: head injuries.
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Funding drought pinches life sciences firms

January 11, 2014
J.K. Wall
Nationally, venture capital investments into life sciences firms totaled $4.9 billion during the first nine months of 2013, down 30 percent from the same period in 2008, according to data from Thomson Reuters and PricewaterhouseCoopers. In Indiana, life sciences firms raised $21 million during the first nine months of the year, far lower than any year since 2003.
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Group led by WellPoint to partner on global health network

January 9, 2014
Bloomberg News
The Blue Cross and Blue Shield Association will form a combined provider network with London-based Bupa that will collectively include more than 11,500 hospitals in more than 190 countries, the partners said Thursday.
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Committee passes ban on tanning for young teens

January 8, 2014
Ryanne Wise, The Statehouse File
Commercial tanning beds may soon be off limits to Hoosiers younger than 16 under a bill approved Wednesday by the Senate Health and Provider Services Committee.
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  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

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