Lilly signs $1.12B deal with Germany-based firm to develop hearing loss treatments
The agreement with Seamless is the latest in a series of purchases and partnerships Lilly has established to build a pipeline of genetic medicines.
Health Care & Life Sciences
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Lilly, IU sign clinical trial, research agreement worth up to $40M
Officials say the pact, facilitated by the Indianapolis-based IU Launch Accelerator for Biosciences, is the largest single industry-sponsored agreement in the school’s history.
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Q&A with Cory Lewis, whose emphasis on collaboration has driven INCOG’s rapid growth
Lewis sat down with IBJ to talk about his leadership style and the role of cycling in his life.
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Q&A with Elanco’s Jeff Simmons on blockbusters, challenges and growing up on a vineyard
Elanco opened the doors of its new headquarters at the former GM stamping plant site this week.
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Q&A: Urology of Indiana’s Shawn Severns on new places, new procedures
As chief operating officer, Severns oversees 14 offices at 11 sites, including the new Carmel facility on Illinois Street, that treat roughly 900 patients a day.
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Articles
Purdue launching center for AI and robotics in medicine in Indianapolis
The Center for AI and Robotic Excellence in Medicine in part seeks to grow knowledge of AI and its uses in medicine and to identify solutions to military and frontier care challenges.
Indiana hospitals face mounting financial challenges, endangering services, execs say
Rural hospitals are among those that are most affected by the financial challenges facing health care institutions in Indiana, according to a new report released by the Indiana Hospital Association.
SpectronRx completes expansion of campus at Grissom Aeroplex
The Indianapolis-based radiopharmaceutical company built a 150,000-square-foot production facility and plans to add up to jobs.
Eskenazi Health Foundation names new CEO
The new hire succeeds Ernest Vargo II, who retired Jan. 15 after serving as CEO for 15 years.
Crossroads Health Ventures fund secures $21M to support life sciences startups
The fund has secured commitments from Eli Lilly and Co., Corteva Inc., Elanco Animal Health, Indiana University, Parkview Health and the Indiana Economic Development Corp.
Lilly receives FDA’s breakthrough therapy designation for ovarian cancer drug
Ovarian cancer is the fifth-leading cause of cancer death among women in the United States.
Labcorp planning to relocate lab hub to 50-acre campus in Brownsburg
The $435 million campus will include more than 500,000 square feet of advanced laboratory and production space.
Community Health Network Foundation CEO Joyce Irwin to retire
During Irwin’s time with Community, the Foundation has raised more than $137 million in donations to be distributed to programs across Community Health Network.
Popular weight-loss drugs shouldn’t carry suicide warnings, FDA says
U.S. Food and Drug Administration officials say a comprehensive review “found no increased risk” related to suicide among users of the GLP-1 drugs, including Eli Lilly and Co.’s Zepbound, used to treat obesity.
Lilly, Nvidia to establish $1B AI co-innovation lab in San Francisco
The new initiative expands on the massive artificial intelligence supercomputer collaboration the companies announced last fall.
New Riley Children’s Foundation CEO looks to exceed $300M fundraising goal
Courtney Roberts’ job is to help ensure that when children with serious illnesses, injuries and conditions must be in the hospital, Riley Health is fully funded to meet their medical and care needs and to advance research to also improve care.
Lilly to acquire California-based biopharma company in $1.2B deal
Indianapolis-based Eli Lilly and Co. announced Wednesday it intends to acquire Ventyx Biosciences, a clinical-stage biopharmaceutical company developing oral therapies for inflammatory-mediated diseases.
Elanco reaches for growth in billion-dollar itchy dog market
The Indianapolis-based company received U.S. regulatory approval last week for its second medicine in 18 months in what it describes as the $1.3 billion dog dermatology market.
Indiana attorney general sues Lilly over insulin prices
Attorney General Todd Rokita said the lawsuit, filed last Wednesday in the Lake County Superior Court, is part of his office’s intensifying efforts to lower insulin prices and improve health care affordability.
Tariff worries spur growth of Indiana life sciences group purchasing program
Participants in the program via the Indiana Life Sciences Association can receive significant discounts—up to 75%—off list prices on goods including lab equipment, office supplies, corporate travel and insurance.
2025 Newsmaker: David Ricks
As of Nov. 13, Eli Lilly and Co.’s market capitalization was $967 billion and flirting with a rare $1 trillion. Its stock price in November surpassed $1,000 per share, up more than 25% for the year.
US regulators approve Wegovy pill for weight loss, giving Novo Nordisk an edge over Lilly
Novo Nordisk’s Wegovy pills are expected to be available within weeks, while Indianapolis-based Eli Lilly and Co. waits for approval for its daily GLP-1 pill, orforglipron.
Lilly’s growth explosion tests state’s workforce development
Eli Lilly and Co.’s career website this month listed 254 job openings in Indianapolis and another 90 in Lebanon, accounting for more than three-quarters of the 445 open positions the pharmaceutical giant listed across the United States.
Lilly Phase 3 trial shows GLP-1 pill effective for weight-loss maintenance
According to the study, orforglipron users maintained their weight loss levels more closely after previously taking a rival’s GLP-1 injectable, the Indianapolis-based drugmaker said.