January 21, 2013
J.K. WallThe Indiana Applied Research Enterprise already has received support from John Lechleiter, CEO of Indianapolis-based Eli Lilly
and Co., as a place for collaboration between academic and industrial scientists.
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January 21, 2013
Joseph Kelsay, who had served as director of Indiana's Department of Agriculture since 2009, is joining Dow AgroSciences'
government affairs team as senior manager of biotechnology affairs.
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January 10, 2013
Local startups Esanex Inc. and Algaeon Inc. have received $500,000 and $250,000, respectively, from Indiana Seed Fund II,
BioCrossroads' second fund to help fledgling life sciences companies.
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December 15, 2012
Kathleen McLaughlinThe Indiana Economic Development Corp. is looking to renew its commitment to life sciences by creating a $30 million venture
fund. The amount dedicated to one sector would be equal to the state’s allocation for all high-tech startups over the
past two years.
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December 4, 2012
J.K. WallIndianapolis-based Nico Corp. wants to use its new round of capital to develop brain surgery products to address diseases
that were often considered inoperable, such as metastatic brain cancer and intracerebral hemorrhages.
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December 3, 2012
J.K. WallA North Carolina-based maker of cancer-fighting ultrasound machines plans to create 27 jobs paying an average of $36 an hour
at its Indianapolis facility over the next three years.
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December 1, 2012
J.K. WallEarly-stage venture capital has been harder and harder to come by for life sciences companies in recent years, but two Indianapolis
investors are working to raise sizable funds to help fill the gap.
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November 19, 2012
J.K. WallBloomington-based Cook Medical won approval for the first drug-coated stent for clogged leg arteries in the United States,
which accounts for 40 percent of the soon-to-be $3 billion market.
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November 12, 2012
J.K. WallLabDoor, which soon will launch an iPhone app that assigns A-F grades to over-the-counter vitamins and medicines, moved last
month from Indianapolis to San Francisco, where it received $100,000 in startup financing.
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November 12, 2012
Scott OlsonIndianapolis-based Indigo Biosystems Inc., a scientific software provider, announced Monday morning that it plans to add 63
jobs by 2015 as part of a $1.4 million expansion.
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November 10, 2012
Chris O'MalleyIf a biotech startup were akin to a rock band, Kristin Sherman might be the keyboardist. She’s not front-and-center
on the stage, but the ballad wouldn’t be as dynamic without her pounding the chords.
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November 5, 2012
J.K. WallCommunity Health Network thinks it can help patients, engage doctors and maybe even make some money by trying to turn ideas
within its organization into commercial products, service and companies.
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November 5, 2012
Scott OlsonIndianapolis-based BioStorage Technologies Inc. is planning to add 108 jobs in the next five years as part of a $7 million
expansion and is seeking financial incentives from the city for the second time in three years.
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November 3, 2012
J.K. WallBioCrossroads CEO David Johnson sees little conflict as he balances all three in promoting and investing in Indiana life sciences
firms
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November 3, 2012
Scott OlsonPete Kissinger hopes Phlebotics will follow in the footsteps of another of his creations, Bioanalytical Systems Inc.
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November 1, 2012
J.K. WallAbout 100 workers will staff the new plant, which will be constructed by spring 2014 and ready for operations in 2015. But
only “some” of that number will be new hires.
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October 30, 2012
J.K. WallThe Indianapolis-based drugmaker plans to expand its local insulin plants to make insulin cartridges to meet what it describes
as growing demand in the United States.
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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.
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October 24, 2012
J.K. WallStrong demand from farmers boosted sales by 8 percent at Dow AgroSciences LLC in the third quarter, but continued investments
in new technologies slashed profits by 16 percent.
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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.
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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.
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October 20, 2012
Kristine Danz / Special to IBJMore money, mentoring would add fuel to lively industry.
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October 20, 2012
Chris O'MalleyAn initiative is matching tech entrepreneurs with hospital officials in the hope of solving health care problems.
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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.
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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.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.