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Local shootings injure six

November 12, 2013

Six people were injured Monday night in several shootings around Indianapolis, including a triple-shooting in a near-north-side apartment. A man and two women were shot in the Broadway Heights Apartments, near 19th Street and College Avenue, at about 7:45. The man suffered serious injuries; the women were in good condition. Three children in the home were not injured.
 

Man crashes into Fisher pond

November 12, 2013

A man who suffered a medical problem before crashing his car into a Fishers retention pond Tuesday morning was rescued by three people who saw the accident as they drove by. The incident took place in the Hawks Landing neighborhood, near 126th Street and Olio Road, at about 8 a.m. The driver was taken to a hospital in critical condition. Police said he could have perished had the rescuers not stopped and entered the water to save him from the partially submerged car.
 

Menard-Trump trial lays bare celeb-endorsement business

November 12, 2013

Testimony in the first day of a trial over a contract dispute between Melania Trump, John Menard and Steve Hilbert also involved former Miss America Katie Stam, the Kardashian sisters and the former manager of the Menards store in Avon.

Apparel maker plans to boost operations, hire 28

November 12, 2013

Founded in 1987, Indy-based Motionwear LLC currently employs more than 180 full-time workers and already has begun hiring new manufacturing, administrative, sales and warehouse employees.

Former Mayor Peterson joins Kite Realty board

November 12, 2013

The former two-time mayor is better known for politics and public policy, but he spent many of his early years working in his family’s commercial real estate company.

Q&A: Local TV news legend Knox rewinds career

November 12, 2013

Preparing to retire from the WISH-TV on Nov. 26, Debby Knox recounts the stories that made the biggest impact on her, and what would make her feel more optimistic about the future of TV news.

Nation’s green-power push has secret, dirty costs

November 12, 2013

The consequences from the ethanol era are so severe that environmentalists and many scientists have now rejected corn-based ethanol as bad environmental policy. But the Obama administration stands by it, highlighting its economic benefits to the farming industry.

Council urges rejection of marriage amendment

November 12, 2013

The Indianapolis City-County Council voted 22-6 on Monday night to pass a resolution urging the Indiana General Assembly to vote against the proposed same-sex marriage amendment.

Menard’s fight with Hilberts to surface in trial with Trump

November 11, 2013

A skirmish in the ongoing legal war between hardware store magnate John Menard and former business partner Stephen Hilbert will arise in open court on Tuesday, as a trial begins between one of Menard's companies and former model Melania Trump.

Circuit court blocks Obamacare ‘contraception mandate’

November 11, 2013

Roman Catholic employers – including the owners of an Indiana company – won a Circuit Court ruling Friday blocking the “contraception mandate” contained in Obamacare.

Uptown Business Center headed to sheriff’s sale

November 11, 2013

The building in SoBro is at the center of a lengthy court feud in which the owner had attempted to delay foreclosure by filing to reorganize assets—a strategy that a bankruptcy judge rejected last month.

Lilly pledges up to $1.8B to Pfizer for access to potential blockbuster

November 11, 2013

Eli Lilly and Co. and Pfizer Inc., which are both suffering through some of the largest patent cliffs in the industry, will split any future costs and profits of an osteoarthritis drug that has stalled in clinical testing.

People

November 11, 2013

Dr. Monica Joyner has been appointed medical director for Wound Care Specialists, a new medical practice that is part of Franciscan Physician Network. Before joining Franciscan, Joyner served as executive director and director of education for Indianapolis-based MedTech College. Joyner earned a bachelor’s degree in psychobiology from Yale University and a medical degree at the Indiana University School of Medicine.

The Behavior Analysis Center for Autism promoted Beth Roudebush to clinical director of its facility in Zionsville. In her five years at the center, Roudebush has worked as a therapist, clinical trainer and assistant consultant. Prior to her work at the center, she served in management at Robert Half International, Enterprise Rent-A-Car and Bob Evans Farms Inc. She earned a bachelor’s degree in applied health sciences from Indiana University.

WellPoint Inc. named Jose Tomas its chief human resources officer. Tomas will replace Randy Brown, who is retiring at the end of the year. Prior to joining WellPoint, Tomas served as global chief people officer and president of the Latin America region for Burger King Corp. Before Burger King, Tomas held human resources positions with Ryder System Inc. and Publix Super Markets. Tomas holds a bachelor's degree in business administration and a master's in management from Florida International University.

WellPoint Inc. named Julie Goon senior vice president of public affairs. Most recently, Goon served as senior health policy director for the U.S. House of Representatives Energy and Commerce Committee. Before that, she served as director of General Electric’s healthymagination marketing initiative. Earlier in her career, Goon held management posts at the U.S. Department of Health and Human Services’ Center for Medicare & Medicaid Services, America’s Health Insurance Plans, Humana Inc., and the Colorado Legislative Council. Goon received her bachelor’s degree in history from Colorado State University.

Company News

November 11, 2013

Shares of Endocyte Inc. came roaring back after the company’s executives finally convinced investors there’s a real possibility of getting European approval in the next two months for its first drug. Shares of West Lafayette-based Endocyte soared by nearly 41 percent from its close on Tuesday, just before the company issued its pipeline update, until the end of the week, when the shares closed at $11.64 apiece. Endocyte executives said they expect European regulators to render a decision on its ovarian cancer drug, vintafolide, in December or January. The European regulators have requested an oral presentation by Endocyte, which is usually a sign of some controvery, Wall Street analysts noted. If Endocyte gets the green light, it would start working with its partner, New Jersey-based Merck & Co. Inc., to sell vintalofide next year. Endocyte is also seeking approval for a companion imaging agent. Combined, analysts expect the two products could bring Endoycte as much as $200 million in revenue by 2018.

Two former Eli Lilly and Co. scientists accused of stealing the drugmaker’s trade secrets and passing them to a Chinese company have been released to a halfway house by a federal judge in Indianapolis. The judge, William Lawrence, also acknowledged that the men’s attorneys had “poked sufficient holes” in the case brought by U.S. Attorney Joe Hogsett against the men by suggesting that Guoqing Cao and Shuyu “Dan” Li, only passed on information that Lilly had already put into the public domain. Cao and Li, both of whom live in Carmel, were arrested in October for allegedly emailing sensitive information about nine of Lilly’s experimental drug programs to an employee of Jiangsu Hengrui Medicine Co. Ltd., which is based in China. An executive of Indianapolis-based Lilly estimated during a court hearing that the trade secrets were worth at least $55 million.

Paragon Medical Inc., a Pierceton, Ind.,-based supplier to orthopedic implant companies, has agreed to be acquired by Chicago-based private equity firm Beecken Petty O'Keefe & Co. Financial terms of the transaction, which is expected to close in December, were not disclosed. The company has 950 employees, according to its website.

Testosterone replacement drugs, including one made by Eli Lilly and Co., raised the risk of heart, attack, stroke or death by 29 percent, according to a study of 8,700 men released last week. According to Bloomberg News, the study is the first of a class of drugs, which includes Lilly’s Axiron, as well as AbbVie Inc.’s Androgel. Indianapolis-based Lilly is expected to achieve $168 million in sales this year from Axiron. Androgel could achieve $1.1 billion in sales, according to figures compiled by Bloomberg. An earlier study of testosterone supplements used in elderly males, funded by the U.S. National Institute on Aging and run at Boston Medical Center, was stopped in 2009 because an audit found it caused more heart attacks and high blood pressure. Teresa Shewman, a Lilly spokeswoman, said the company is aware of cardiovascular events in men taking testosterone therapies. “Lilly works with the scientific community and regulatory bodies to further understand and communicate the risks and benefits of testosterone replacement therapy,” Shewman said. “As a company responsible for developing medicines, Lilly is committed to providing advertising that is truthful, accurate and balanced.”

Snow likely in Indy overnight

November 11, 2013

Indianapolis is expected to see its first measurable snowfall of the season overnight, but it should be minor. Afternoon rain will turn to snow flurries late Monday night and continue into Tuesday. Weather authorities don’t expect more than an inch of accumulation locally. Heavier amounts are expected in northern parts of the state.

Fishers pilot killed in crash

November 11, 2013

A plane crash in the Bahamas on Sunday claimed the life of a local man and three others. Anthony Wishart, of Fishers, piloted the single-engine plane, which crashed in the waters off Grand Bahama Island. A male and two females, who had not been identified as of Monday morning, also died. The aircraft was registered to First Class Flyers LLC, an Indianapolis company.

Man dies after forklift accident

November 11, 2013

A 30-year-old worker at an east-side Indianapolis recycling plant died Monday morning after being pinned between a forklift and a guard rail. The incident happened about 6:30 a.m. in the RecycleForce facility at 1125 Brookside Ave. The man was taken to the hospital but died shortly afterward.

Ritz proposes veterans-to-teacher scholarship program

November 11, 2013

Veterans could receive scholarships and college credits for their military experience if they pursue K-12 teaching in Indiana under a bipartisan proposal.

Homebuilders end 15-month streak of permit increases

November 11, 2013

The central Indiana home construction industry reversed course in October, with a rare year-over-year decrease in the number of single-family building permits filed. The drop follows a recent downward trend.

New roof to help stabilize historic Indy theater

November 11, 2013

The building, at 3155 E. 10th Street, has been vacant since 1992 and is in an advanced state of disrepair. But a new roof will stabilize it, staving off further deterioration, backers hope.

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