After raking in record amounts of venture capital funding in 2017 and 2018, Indiana life science companies saw funding drop last year by double-digits, while the average deal amount dipped sharply as well.
A bill that tries to address surprise out-of-network fees was among several health care-related measures proposed Monday by Indiana lawmakers during the first day of the General Assembly.
The year didn’t feature any hostile takeovers or huge disasters. But a lot of companies made big strides in 2019, including Eli Lilly and Co., Corteva and Elanco. And many rejoiced when Washington ended a 2.3% tax on thousands of medical devices.
The repeal ends a 2.3% tax on thousands of medical devices, from stents and catheters to pacemakers and MRI machines. Indiana is home to 155 device-makers, ranging from small metal shops to multibillion-dollar manufacturers.
CEO Gail Boudreaux’s recent comments at a health care summit dampened speculation that Anthem might create its own physician group, something the insurer tried unsuccessfully two decades ago.
The format is key to the pharmacy chain’s plan to slash expenses. Also this week: Black Acre Brewing Co., Sauce on the Side, Versona, Tropical Smoothie Cafe.
The fast-growing chain’s concept allows customers to stay in their cars. Also this week: Root & Bone, Gavel, People’s Revel Room, Gymboree Play & Music, Portrait Innovations and more.
The project, whose backers include father/son developers Tom and Ed Battista, has been in the works for more than two years. Also this week: Jimmy John’s, Taste of Havana, Marco’s Pizza and Best Buy.
30 Minute Hit will open its first Indiana gym in Indianapolis’ Wanamaker community early next year. Also this week: Burn by Rocky Patel, Wei Ramen, City Bytes Coffee, Gina’s Grill, Rise ‘n Roll and more.
Its downtown and midtown stores are among 22 underperforming locations closing nationwide. Also this week: Vasa Fitness, CityWay Animal Clinics, Seraphim Asian Grill, new Bottleworks eateries, Kroger and more.
A New York-based chain of independent pharmacies offering pick-up and delivery services is planning its Midwestern debut with a new store in Carmel.
Bangs Laboratories’ expansion will open in March and could add up to 25 jobs.
Steve White, owner of White’s Ace Hardware, purchased the longtime Fishers business in December and is making big changes to the store.
Borrowing a concept from Rochester, New York, the facility will bring food, drink and learning together under one roof where Carmel, Noblesville and Fishers meet.
The chicken chain is in the midst of doubling in size. The new location will be its fourth in Indiana.