Ex-employees to testify exec knew drugs were dangerous
Paul Elmer, who founded Pharmakon 16 years ago and shut it down three years ago, faces charges of adulterating compounded drugs, conspiracy and obstructing a U.S. FDA investigation.
John Russell
Articles
Under growing pressure, Lilly reveals insulin price data for first time
The Indianapolis-based drugmaker said it price for the popular insulin Humalog—after discounts and rebates—fell 8 percent over the past five years, even as list prices skyrocketed.
Legislation would increase physical therapists’ autonomy
A bill advancing through the General Assembly would allow PTs to be regulated by their peers, a move that would remove much of the medical hierarchy from the process.
Indiana American Water customers could see rates climb nearly 8 percent
The utility, with more than 300,000 customers in central Indiana, announced a settlement agreement Tuesday with consumer groups.
South Side Landfill planning $25 million methane-conversion project
The landfill is teaming up with two energy companies to capture methane at the landfill and convert it into renewable energy. The partnership is seeking a tax abatement on the project.
Indiana to get 162 medical residents from state’s two med schools
Nearly 500 fourth-year medical students from Indiana University School of Medicine and Marian University College of Osteopathic Medicine got “matched” Friday with a residency program, and many of them will stay in Indiana to complete the next phase of training.
Obesity rate climbing in Indiana, new study says
A report from the Richard M. Fairbanks Foundation says one in three Hoosiers is now obese, up from one in five about two decades ago.
Coal mining in distress? Not to this Fishers startup
American Resources Corp., formed in 2015, specializes in buying distressed coal assets from struggling or bankrupt coal operators.
Hospitals get socked for safety concerns
In Indiana, the Centers for Medicare & Medicaid Services is docking 22 hospitals for high rates of infection and patient injuries.
IU Health Physicians ramps up recruiting drive for specialists
The state’s largest physician group want to address a growing shortage of specialists by relaxing a longtime requirement that doctors join the medical school faculty.
Partner on St. Vincent neighborhood hospitals had big ambitions but flamed out
Just 20 months ago, Tandem Hospital Partners had set up a joint venture with St. Vincent to develop a series of tiny hospitals. Today, the results are far different from what either company probably imagined.
IU, two other colleges win $10M grant to study bone-muscle health
Researchers say they are particularly interested in developing therapies for osteosarcopenia, a condition marked by the loss of bone density and muscle mass, common in older people.
Indiana’s life sciences sector growing in jobs, wages, companies
A new study by BioCrossroads and Indiana University shows the sector’s economic impact grew about 1 percent last year, to $79 billion.
Purdue startup’s goal: heal broken bones faster
Novosteo Inc., run by father-and-son team Philip and Stewart Low, is developing drugs to speed up the process of healing broken bones. The company won $1.7 million in federal grants and a first-place award from the Orthopaedic Research Society.
IU Health says operations strong, but investment losses pull down earnings
The state’s largest health system said earnings from operations climbed 4 percent, but investment losses pulled down total earnings by 70 percent.
Lilly shareholders to vote on ‘near-drowning test’ in animals, other proposals in May
The Indianapolis-based drugmaker is facing calls by a national animal-rights group to end the “forced swim test” in small animals. Two months ago, drugmaker AbbVie said it would drop the test.
Firm announces $232M contract with Indiana, just two days after settling huge Medicaid fraud case in Texas
Conduent Inc. of Florham Park, New Jersey, agreed this week to pay $236 million to settle charges that it rubber-stamped applications for dental work in Texas. The company said the activity happened under previous owners.
Amazon’s latest target is pharmacy disruption
As the online retailer has moved into new industries over the years, consumers have flocked to it and numerous traditional retailers have closed their doors, unable to compete.
Time’s running out on bill to restore ‘certificate of need’ process for hospitals
A push to curb hospital construction in Indiana by bringing back the review process appears doomed for this legislative session, but the issue of rising health care costs could be headed to a summer study committee.
Indiana House panel shoots down bill to tighten oversight of huge farms
The panel voted 9-3 to defeat a bill that would have given the Indiana Department of Environmental Management more authority to deny permits to huge farms known as “confined feeding operations.”