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Articles

Lilly’s stock gets big boost from competitor’s new Alzheimer’s treatment

June 8, 2021 | Bloomberg News

Shares of Biogen competitors soared after aducanumab became the first drug cleared by the U.S. Food and Drug Administration to slow the course of the mind-wasting disease that afflicts 6 million Americans.

Sharpen Technologies spears another $14M in growth capital

June 8, 2021 | Anthony Schoettle

Sharpen’s latest round of financing brings the total amount raised by the firm to more than $55 million. It follows a year when its cloud-based customer service platform became much more relevant.

Senate passes $250B effort to boost U.S. tech industry, counter rivals

June 8, 2021 | Associated Press

The bill sponsored by Sen. Todd Young, R-Ind., and Senate Majority Leader Chuck Schumer, D-N.Y., includes $10 billion to fund regional technology hubs—one of which Indiana officials are hoping to land—for five years.

Incoming commerce secretary eyes ‘quality over quantity’ in economic development

June 10, 2021 | Mickey Shuey

Brad Chambers said he believes a “reevaluation of what the marketplace is doing” by the Indiana Economic Development Corp. will be a good thing—and a natural move for any agency or company when it changes leadership.

Korean auto supplier plans to expand local presence with Franklin facility

June 10, 2021 | Susan Orr

Daechang, which makes seating components for Kia, Hyundai and Subaru, established its North American headquarters in Indianapolis in 2017. The Franklin facility would be its second local site.

Medicare copays for new Alzheimer’s drug could reach $11,500

June 11, 2021 | Associated Press

Separately, Dr. Aaron Kesselheim of Harvard University became the third member of an FDA advisory panel that opposed the drug to step down over the decision to approve it.

Rep. Trey Hollingsworth: The growing national debt is concern for Hoosiers

June 11, 2021 | Rep. Trey Hollingsworth

You don’t have to be an accountant to see that the federal government isn’t doing a good job of balancing the books.

Lilly’s COVID therapy hits wall as virus wanes

June 11, 2021 | John Russell

The use of COVID antibodies has fallen across the United States lately and, along with it, Lilly’s sales in that category.

rop-lilly-083118-450bp.jpg

$250B legislative tech package is good for state, US

June 11, 2021

We applaud Indiana’s own Sen. Todd Young, a Republican, for joining with Senate Majority Leader Chuck Schumer, a Democrat, in sponsoring the bill and bringing the often-warring political parties together on such important economic issues.

Rennie out as head coach for Indy Eleven

June 16, 2021 | IBJ Staff

The Indy Eleven on Wednesday announced the team was parting ways with head coach Martin Rennie eight games into his fourth season with the soccer squad. The team said it had “mutually agreed to end his tenure,” effective immediately.

Executive director of Indy Pride organization stepping down

June 17, 2021 | IBJ Staff

Chris Handberg, executive director of Indy Pride Inc. for the past four years, cited “developments in his professional career” for the decision, Indy Pride said.

2021 Indiana 100: Taltz leader sees more potential for blockbuster Lilly drug

June 18, 2021 | John Russell

Mathilde Merlet oversees one of Eli Lilly and Co.’s fastest-growing products, a medicine called Taltz that treats a variety of dermatology and rheumatology disorders.

Newfields’ new chair seeks to undo harm of race controversy

June 18, 2021 | Mickey Shuey

Darrianne Christian in May became the first Black woman to chair the Newfields board of trustees, just months after the art museum and gardens faced an uproar over its handling of race and inclusion issues.

Quantigen Biosciences plans Fishers expansion, 30 new jobs

June 23, 2021 | Kurt Christian

Fishers-based Quantigen Biosciences is spending $2.5 million to redevelop 40,000 square feet of office space along Interstate 69 as its new specialty contract research laboratory.

Butler law professor takes over reins of Orr Fellowship

June 25, 2021 | Anthony Schoettle

Hilary Buttrick comes to the Orr Fellowship, which connects high-caliber college grads with fast-growing companies, with a background in law and higher education. Most recently, Buttrick served as interim dean of Butler’s Lacy School of Business.

Seth Morales: The inclusivity playbook for smaller companies

June 25, 2021 | Seth Morales

Companies that lack diversity are being called out publicly, falling behind in recruiting, and likely losing business. But the power is with the people, and the people are calling for change.

Q&A: From microscopes to telescopes—tales of great Hoosier scientists

June 25, 2021 | John Russell

Duane Nickell, a retired science teacher in Indianapolis, decided it was time to collect the stories of 17 prominent Hoosier scientists. What resulted is a book called “Scientific Indiana” that’s hitting stores now.

The hottest job in a hot market: Diversity officer

July 2, 2021 | Leslie Bonilla Muñiz

The number of employees dedicated solely to diversity, equity and inclusion  work has been growing for years in the United States, but has taken off since a racial-equity movement escalated in spring 2020 with the police murder of George Floyd.

IBJ to launch diversity podcast hosted by attorney Angela Freeman

July 2, 2021 | IBJ Staff

IBJ Publisher Nate Feltman said the podcast is an effort to contribute to a larger community conversation about diversity.

Workers are coming back downtown—but not all will be there full time

July 2, 2021 | Susan Orr and Mickey Shuey

Some large downtown employers say they expect most or all of their workforce to return to the office full time. Others say they’re adopting hybrid models that offer employees the option to work remotely at least part of the time.

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