MAY 22-28, 2026
Deal after deal, Indianapolis-based Eli Lilly and Co. is using the fruits of its success from developing blockbuster GLP-1 medicines to build a bridge over a looming patent cliff. Daniel Bradley reports that Lilly so far this year has spent $21 billion to acquire six biotech companies and crafted licensing deals worth up to $19 billion. Also in this week’s issue, Joey Harris explains how data centers handle the need for large sources of backup power. And Susan Orr takes a deep dive into Trump Accounts, the new investment option for new parents.
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Lilly goes on $21B buying spree to build drug pipeline
Deal after deal, Eli Lilly and Co. is using the fruits of its success from developing blockbuster GLP-1 medicines to prepare for its next chapter and build a bridge over a looming patent cliff.
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Health care summit uses IMS to draw together leaders from across sector
Leaders of the technology company Hc1 planned a small conference that used the appeal of the upcoming Indianapolis 500 to bring together health care leaders from around the country for a few days.
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Q&A with Schahet Hotels CEO Jeffrey Brown about collaboration with Ball State
Brown spoke with IBJ about adding signature touches to The Cantio in Muncie and how Schahet adheres to its core values.
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Trump Accounts to offer new investment option for parents
Local financial professionals say the individual retirement account for children probably makes sense for some families more than others.
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Energy-hungry data centers need large sources of backup power
The power needed to operate data centers has increasingly drawn public scrutiny to the projects. But a draw from the power grid is just one of the energy issues at play.
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UPDATE: Finding new Purdue president could come with challenges, experts say
The university’s board of trustees could have a challenging task ahead in finding Mung Chiang’s replacement, given the breadth of the president’s role and Purdue’s standing as one of the largest and most widely respected public research universities in the United States.
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Mark Montieth: Mel Kenyon might outlive his legend as midget-car master, Indy 500 upstart
Given all the physical and emotional challenges of his life in racing, it’s fair to ask: Was it all worth it?
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Lilly announces $50M contribution to UNICEF USA for children’s health
The Indianapolis-based drugmaker will work to support UNICEF’s efforts to strengthen primary health care systems to prevent, detect and manage noncommunicable diseases in children and adolescents.
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3 stores, 2 restaurants announced for former Saks location at Fashion Mall
Stores and restaurants will occupy more space than originally envisioned for the Fashion Mall redevelopment.
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IPS students earn health care credentials before college
At Crispus Attucks High School, students have many career-prep options through the school’s health care pathways program.
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Editorial: Purdue’s next leader will inherit institution at pivotal moment
President Mung Chiang’s decision to move to Northwestern University comes at an unusually consequential moment for higher education, which is being redefined economically, politically and technologically.
Read MoreNate Feltman: The case for an entrepreneur as mayor
One person who embodies the key qualities is David Becker, founder of First Internet Bank. Last year, IBJ recognized Becker with its Mickey Maurer Entrepreneur Award, honoring a career defined by innovation and calculated risk-taking.
Read MoreBrandon Taylor: City’s housing crisis is an economic risk we can’t ignore
The root causes are structural: years of underproduction, rising construction and financing costs, regulatory delays, limited subsidies, and gaps in the capital needed to move projects from idea to completion. This moment requires coordinated action across the full housing ecosystem.
Read MorePatrick Talty and Mel Raines: Here’s why Indy is No. 3 in sports business and still climbing
Sports drive economic development, strengthen downtowns, attract talent, inspire young people and bring communities together.
Read MorePete the Planner: Taken too far, FIRE movement devalues joy in work
I’ve started to wonder if some people are becoming so efficient with money that they accidentally become inefficient with life.
Read MoreChristopher Day: Indiana can lead new era of industrial innovation
Manufacturing isn’t just an industry in Indiana.
Read MoreCecil Bohanon and John Horowitz: Economic reasoning can help steer traffic policy
Induced demand occurs when increasing the supply of a good lowers its price, leading to higher consumption.
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Noblesville moving forward with new $50M police station
The Noblesville City Council approved two resolutions on Tuesday as initial funding steps for the new 58,917-square-foot, two-story facility.
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Indianapolis Public Schools transfers unused land to Habitat for Humanity
IPS will give seven unused properties to Habitat for Humanity of Greater Indianapolis to build up to 16 homes as part of a broader push to make affordable homeownership possible for IPS employees.
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