Indiana and Purdue universities will create a new medical research program after receiving a $25 million grant from the National Institutes of Health, the universities announced today. IU and Purdue will launch the Indiana Clinical and Translational Sciences Institute to turn scientific and medical discoveries more quickly into better care for patients and into new […]
For Indiana’s life sciences companies to flourish, they need to get better at romance. Helping companies meet, greet, date
and deal is the idea behind a new Web portal being built by the Indiana Economic Development Corp. to match startups with
in-state vendors, suppliers, investors or people who can help them.
Baker & Daniels, one of Indianapolis’ three largest law firms, has finally opened a Chicago office, years after its local rivals did so. Chicago is known as one of the most difficult markets in the nation to break into. Baker & Daniels announced this week that it lured seven lawyers from the midsize Chicago firm […]
A new Web site developed locally and designed to attract youngsters to careers in the life sciences sector now shares something in common with the wildly popular Club Penguin site. The Indianapolis Private Industry Council, with assistance from locally based Creative Street Media Group, created BioWorksU.com. And while more educational and likely more appealing to a larger age group than Club Penguin, the two were among recent Webby Awards finalists. Called the “Oscars of the Internet” by The New York…
Indianapois-based Eli Lilly and Co., along with California-based Amylin Pharmaceuticals Inc. and Massachusetts-based Alkermes Inc., released clinical trial results Monday night for their long-acting version of Byetta, a diabetes drug that analysts expect to be a big seller. The study showed that patients maintained and even improved on their lower blood sugar and weight levels […]
Roche Diagnostics has canceled a deal with Marsh Supermarkets to sublease the grocer’s corporate headquarters in Fishers. The Swiss-based manufacturer of pharmaceuticals and medical diagnostic equipment said in March it planned to move 340 employees into the 148,000-square-foot building that has served as the headquarters of Marsh since 1991. But Roche terminated the deal late […]
TIPPECANOE COUNTY New research-to-market institute will be based on Purdue campus Purdue University will be part of a group that will use a $25 million grant to help turn health discoveries into commercial products through the creation of the Indiana Clinical Translational Sciences Institute. The National Institutes of Health will give the five-year grant to […]
By conducting market research for some of the largest pharmaceutical companies in the world, locally based G&S Research Inc. has grown into a $10 million firm. But founders have even higher expectations for their G&S Discovery division, which was formed two years ago. Its flagship product, Navigrant, provides a database of government grant awards for national biomedical research. The total market worldwide for life sciences research is estimated at $45 billion. Navigrant has compiled information on 450,000 awards from 60…
The Indianapolis Indians had a big weekend. The Indians won two out of three from Rochester but all three games were monetary winners for the AAA minor league baseball franchise.
Mostly blue skies along…
Sky-high oil prices have rekindled an industry in east-central Indiana that many thought had run its course a century ago.
A handful of wily prospectors motivated by oil prices approaching $150 a barrel are betting that’s not the case.
Virginia-based Gannett Co. Inc. yesterday named Michael G. Kane to replace outgoing Indianapolis Star publisher Barbara Henry. Henry, 55, retired suddenly on June 27; her departure is effective Aug. 1. Kane was publisher of the Rochester Democrat and Chronicle in New York and regional vice president of the company’s East Publishing Group. Unlike Henry, who […]
Two giants of local business are preparing to slug it out in court over a soured sublease deal. Marsh Supermarkets filed
suit in Hamilton County this month to enforce a deal with Swiss pharmaceutical and medical-equipment powerhouse
Roche to sublease the grocer’s entire 148,000-square-foot headquarters in Fishers. The deal, worth more
than $47 million over 18 years, is one of the largest of its kind in central Indiana in years.
Schwab Corp., a Lafayette company founded shortly after the Civil War, has been acquired by another manufacturer of safes, Rochester, N.Y.-based SentrySafe, for an undisclosed price. Schwab employs 105, including 80 at its manufacturing plant in Cannelton. In addition to safes, the company makes files, cabinets and vault doors. SentrySafe makes residential and small office […]
The future of medicine is personal. That’s been the mantra of the pharmaceutical industry for the last decade-since the human genome was sequenced for the first time. But before Eli Lilly and Co. and its peers can develop and sell drugs that treat only patients with a specific gene, it needs sophisticated devices to test if a patient has that gene. And those devices need sophisticated software to make them run. That’s where The RND Group Inc. comes in. The…
Columbus philanthropist J. Irwin Miller’s family is poised to donate his majestic home to the Indianapolis Museum of Art,
provided it can raise millions of dollars to maintain the sprawling Bartholomew County property. IMA board members have given
CEO Maxwell Anderson the go-ahead to seek funding for an endowment to care for the home.
Roche Diagnostics Corp. will cut 200 positions from its Indianapolis work force in what a spokeswoman called “a normal course of assessing the business.” Switzerland-based Roche, which makes medical devices such as glucose meters, employs roughly 2,600 people here as part of its North American headquarters and research-and-manufacturing operations. All of the cuts will come […]
Butler University’s MBA program — once at risk of being eliminated — has been revamped to include more real-life
professional experiences, and enrollment has increased 63 percent.
Locally based Dow AgroSciences, one of Indianapolis’ top employers, may not be going on the sale block after all. Parent company Dow Chemical Co.of Midland, Mich., started the year in a frenzied hunt for cash. And the company’s CEO, Andrew Liveris, acknowledged in February that it might sell the Indianapolis ag-chemicals- and-biotech company “even though […]
Spotlight on Hamilton County Named for Alexander Hamilton, a member of the Continental Congress and a framer of the U.S. Constitution 5 LARGEST CITIES/TOWNS population Carmel ……………………………………….68,677 Fishers ……………………………………….65,382 Noblesville ………………………………….41,561 Westfield …………………………………….20,459 Cicero ………………………………………….4,439 Sources: U.S. Census Bureau special census (Fishers and Carmel) and July 2007 estimates 5 LARGEST EMPLOYERS employees Roche Diagnostics………………………….3,650 Conseco […]
President Barack Obama’s economic stimulus bill provides a big opportunity for the Indianapolis-based Indiana Health Information Exchange to spread its expertise around the country. The organization created a company called Mergetics Inc. last year to help other cities set up health information networks similar to the Indiana Health Information Exchange. Obama’s bill, as it currently […]
