IU prof DiMarchi to join Inventors Hall of Fame

Indiana University says one of its faculty members will be inducted into National Inventors Hall of Fame.

It says distinguished professor of chemistry Richard DiMarchi is being honored for his work on Eli Lilly and Co.'s Humalog, a synthetic analog of the human hormone glucagon that has been used by millions around the world to address the complications of diabetes.

DiMarchi later was one of the leaders of locally based Marcadia Biotech Inc., a developer of diabetes drugs that was sold for $287 million to Switzerland-based Roche in late 2010. He recently launched a new company, Calibrium LLC, that also is developing diabetes drugs.

DiMarchi is among a class of 11 inductees announced Tuesday by the National Inventors Hall of Fame in partnership with the U.S. Department of Commerce's U.S. Patent and Trademark Office.

The National Inventors Hall of Fame was established in 1973 to honor the individuals who have conceived, patented and advanced great technological achievements. Other inductees include Thomas Edison, Orville and Wilbur Wright, Henry Ford, Albert Einstein, George Eastman and Steve Jobs.

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