Company news

March 9, 2011

Eli Lilly and Co.’s chief of neuroscience research, who announced his departure last month, was actually poached from Lilly by New Jersey-based Johnson & Johnson, according to the Wall Street Journal. Dr. David Bredt, who had been Indianapolis-based Lilly’s vice president of neuroscience discovery research and clinical investigation, started at Johnson on Feb. 28. Bredt came to Lilly in 2004 from the University of California at San Francisco Medical School, leading the company’s crucial Alzheimer’s research. He is the second top-level executive Lilly has lost this year. In January, John Johnson, the company's chief of oncology, resigned to become CEO at New Jersey-based Savient Pharmaceuticals Inc.

A life sciences networking group that got started in Philadelphia is now starting a chapter in Indianapolis. Pharma Thursday tries to connect professionals in the drug, device, diagnostic and biotech industries—regardless of which company they work for—as well as academic researchers. The first Indianapolis event takes place April 21 at 6 p.m. at Rock Bottom Brewery downtown. Pharma Thursdays started in November 2008 and reached 1,000 participants in Philadelphia in September 2010. The group also has chapters in Princeton, N.J., New York City and South Florida.

Lafayette-based Subaru of Indiana Automotive is the latest Hoosier employer to add an on-site health clinic, breaking ground on the facility last week. Managed by Florida-based WeCare TLC, the center will provide care to Subaru workers, retirees and dependents, once it opens this summer. Tom Easterday, Subaru of Indiana’s executive vice president, said the on-site clinic should help reduce employees’ health care costs and give them added care to improve their overall health.

In the latest acquisition of physicians by a local hospital system, Franciscan St. Francis Health has acquired Indy Southside Surgical, adding five general surgeons to its St. Francis Medical Group stable of physicians. Indy Southside Surgical had been affiliated with the St. Francis hospital system since 1989. The practice, which has offices in Indianapolis and Mooresville, includes Dr. David Mandelbaum, Dr. Jonathan Mandelbaum, Dr. Donald King, Dr. Matthew Libke and Dr. Mark Edwards. All earned their medical degrees at the Indiana University School of Medicine.