IU lands $20M donation to establish lung cancer research center
The gift, announced Tuesday morning, is from local philanthropist Julie Wood, in honor of her late husband, Tom Wood, a prominent car dealer who died of lung cancer in 2010 at age 78.
John Russell
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Two former IU Health nurses face state disciplinary action for allegedly sharing photos of patient
The Indiana Attorney General’s Office filed administrative complaints this month with the state nursing board against the nurses in connection with the incidents.
Made in Indiana: Racing tires by Hoosier Racing Tire Corp.
The company traces its roots to the early 1950s, when driver Bob Newton began his racing career in northern Indiana on small asphalt tracks.
Elanco digs in for fight with activist investor
Ancora Holdings Inc. is pushing for a shakeup in leadership at he Greenfield-based animal health company, which it accuses of delivering poor margins, sluggish product commercialization, negative shareholder returns and poor governance policies.
Lilly jabs at people who use new weight-loss drugs ‘for vanity’
The Indianapolis-based drugmaker, which makes weight-loss drug Zepbound and diabetes drug Mounjaro, recently aired a new 30-second spot, just ahead of the Academy Awards, to underscore the message.
IEDC launches lending program for small biz
The Indiana Economic Development Corp. said the Legend Fund can help entrepreneurs and small businesses with small loans, typically under $50,000.
AES Indiana buys large wind farm in northwest Indiana
The Indianapolis-based utility said the acquisition would provide $22.2 million in cost savings to customers over the next six years and advance efforts to provide sustainable energy solutions.
Local hospitals scramble to deal with disruptions after major cyberattack on vendor
Thousands of hospitals and doctors’ offices across the country could see huge delays in getting paid by insurers for thousands of procedures worth millions of dollars after what is being called “the most significant cyberattack on the U.S. health care system in American history.”
Lilly employees have seen big wins as stock price surges 500% since 2019
In the past 52 weeks, shares have set new records almost every week, due to investor eagerness over the company’s new drugs for obesity and diabetes, two health conditions that plague America, along with other drugs in the pipeline.
Activist investor group seeks Elanco CEO ouster, shakeup of board
Ancora Holdings Group LLC said the animal health company has underperformed its peers and destroyed billions of dollars of shareholder value.
AES Indiana names Davis-Handy president, its seventh in past decade
Brandi Davis-Handy has worked for the utility for eight years, most recently as chief customer officer.
Indiana officials accuse Zionsville medical-device maker of violating securities law
The Secretary of State’s Securities Division announced the action Tuesday against VoCare Inc. and three of its officers.
Elanco, analysts gird for potential blockbusters in coming months
In an hourlong conference call with analysts on Monday, CEO Jeff Simmons said the word “blockbuster” at least six times as he talked about the Greenfield-based company’s pipeline products that could launch this year.
Elanco to cut 420 jobs in restructuring that will focus on pet health
The company said the restructuring is designed to shift resources from its farm animal operations to its pet health operations and help with the launch of three upcoming products now under regulatory review.
IU Health operating income nearly tripled in 2023
While inpatient medical and surgical volumes across the system did not return to pre-pandemic levels, IU Health reported strong outpatient growth in 2023.
IU medical school lands record $243M in NIH funding in 2023
The Indianapolis-based medical school ranked 29th in the country for landing funding from the National Institutes of Health.
Indiana suspends insurance broker for receiving Anthem’s confidential info from brother
Alan Sword, who sold Medicare Advantage plans on behalf of Anthem, was suspended in an emergency order issued Jan. 30 by Amy Beard, commissioner of the Indiana Department of Insurance.
Lilly stock surges on analyst’s ‘$1 trillion club’ comment
Shares in the Indianapolis-based drugmaker are setting new records almost every day, due to investor excitement over the company’s new drugs for obesity and diabetes, two health conditions that plague America.
Restaurants, shops fill up Saturday with All-Star crowds after light start to weekend
It was a good turnaround from the previous night, when a snowstorm hit the city and kept the turnout lower than expected.
‘It was kind of chaotic.’ More than 1,000 waited over an hour to enter NBA fan experience.
The Rob Klepper family from Brownsburg was among more than 1,000 people caught in the extended line, an IBJ reporter estimated. By 4:30 p.m., organizers were able to clear the logjam and get people inside.