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Proponents of a Medicaid expansion in Indiana are playing up the economic boost the state and its businesses could see from the expansion of health insurance coverage called for by President Obama’s health reform law.
Eli Lilly and Co. wants the city of Indianapolis to give it $30.6 million in tax breaks on a $400 million project that includes a new manufacturing facility and improvements to existing operations downtown. The Metropolitan Development Commission will weigh two Lilly requests for 10-year tax abatements at its meeting at 1 p.m. Wednesday. Over the last several months, the pharmaceuticals giant has rolled out plans for a manufacturing plant southwest of downtown where the firm will manufacture cartridges for insulin. Construction is already under way for the 164,000-square-foot plant on South Harding Street, adjoining Lilly’s existing manufacturing complex known as Lilly Technology Center. Lilly’s investment in the project is estimated at $320 million. In addition, it is planning a new inspection facility that will add another 30,000 square feet to the project, plus renovations to existing buildings on the Lilly Technology Center campus and the Lilly Corporate Center. As a result of the project, the firm said it will be able to retain 175 Indianapolis employees who will earn an average of $30.96 per hour, according to the abatement requests. Over the 10-year period of the two abatements, Lilly still would pay $22.2 million in taxes on the new construction, renovations and equipment.
Matrix-Bio Inc., a Fort Wayne-based diagnostics company, has signed a licensing and marketing agreement for a breast cancer test with New Jersey-based giant Quest Diagnostics. Under the agreement, Quest will have the rights to use metabolic breast cancer biomarkers developed by Matrix-Bio to create a new lab test to detect the recurrence of breast cancer. Quest will co-fund clinical studies with Matrix-Bio and, if those are successful, market the test as a lab service in the United States and other countries. Quest also has the option to pursue an appropriate regulatory pathway for an in vitro diagnostic version of the test. Financial terms of the deal were not disclosed.
Two Purdue University professors have received a $3 million grant from the National Institutes of Health to understand why some children grow out of stuttering. They will use their findings to develop a speech therapy screening tool to identify which preschool children are not likely to recover from stuttering and should receive therapy immediately. Professors Anne Smith and Christine Weber-Fox will use the five-year grant to follow 100 children who stutter. Their research, which began with Smith in 1988, has been funded by the NIH's National Institute on Deafness and Other Communication Disorders for more than 25 years and has received more than $13 million in grant awards.
Ball State University's School of Nursing is partnering with Indianapolis-based hospital system Community Health Network to create the Nursing Academy, an accelerated degree program designed to increase the number of registered nurses in Indiana. The Nursing Academy will kick off this fall by offering students classes at Ball State, online and via video conferencing. Its students also will work at Community’s eight hospitals. The Community Health Network Foundation will fund scholarships for the 24 students representing the academy's inaugural class. The academy hopes to ramp up to enroll 48 students each year.
Dr. Bryan H. Schmitt, a pathologist, has joined Wishard-Eskenazi Health. Schmitt graduated from Cornell College in Mount Vernon, Iowa. He earned his medical degree at Des Moines University, College of Osteopathic Medicine.
Kelli Searles has been appointed regional vice president of marketing for Franciscan St. Francis Health. She was previously director of marketing and community relations. Searles holds bachelor’s degrees in journalism and psychology at Ball State University.
Indiana will create two commissions that aim to increase vocational education in high schools and better coordinate job training programs under bills signed by Gov. Mike Pence.
Mike Ripley, a health care lobbyist for the Indiana Chamber of Commerce, talked about the business group’s views on a proposed expansion of coverage by the Indiana Medicaid program. As it stands now, the 2013 Indiana budget bill includes a plan passed by the Senate as Senate Bill 551, which would have OK’d the Pence administration to negotiate a block grant deal with the U.S. Department of Health and Human Services to expand Medicaid coverage via a program like the Healthy Indiana Plan. When that bill was altered in the House to remove the block grant concept, the Chamber dropped its support. The altered House bill is now dead, and the original Senate plan has been added to the budget bill. Its ultimate fate is still unknown
A man driving a motorcycle died late Sunday night after running into the back of a car on the southwest side of Indianapolis. The crash happened at about 11 a.m. near Kentucky Avenue and Mendenhall Road. The woman driving the car was not injured. The motorcyclist had not been identified as of Monday morning.
An Indianapolis police officer was injured when his vehicle was rear-ended early Monday morning. The crash occurred at 38th Street and Moeller Road about 3:30 a.m. Ignacio Alvarado, 40, was arrested and charged with driving under the influence, driving with a suspended license, resisting law enforcement, and reckless driving. The officer was treated at the hospital and released.
A Castleton-area resident was shot in the leg during a home invasion early Monday morning. The shooting took place in the 7600 block of Blue Creek South Drive, near East 75th Street and North Hague Road, shortly before 4:30 a.m. The homeowner told police two men identified themselves as police and burst through his door. One of them shot him after he sprayed them with pepper spray. A neighbor said he saw the two men flee in a white car.
The Indianapolis-based transmissions manufacturer said its profit would be hurt by a steep drop in revenue in the first quarter.
Indianapolis development officials on Wednesday will weigh the 10-year requests from the pharmaceuticals giant related to a new manufacturing plant and improvements to existing operations downtown.
Investor smiles about new experimental cancer drugs and an aggressive play for the animal health market in China turned to frowns after Lilly disclosed deep cuts to its U.S. sales force.
The area near Lafayette Square Mall hasn’t exactly been a magnet for redevelopment lately. But city officials hope to change that with a plan to reposition the area as International Marketplace.
It remains to be seen whether Fishers’ new rules for mobile businesses will increase food truck traffic in the Hamilton County town—and what impact their arrival could have on established restaurants.
Champion Waterproofing is expanding into central Indiana to maintain a rapid sales momentum in its five years of business.
Representatives voted 86-6 Monday in favor of the bill after provisions that would've required all public schools to have gun-carrying employees during school hours were pulled from it last week.
Indiana leaders must decide whether to spend money on an in-state passenger rail service line because Congress will no longer fund Amtrak routes shorter than 750 miles.
New version of ubiquitous test also will no longer be offered in pencil and paper format.
Lawmakers have until April 29 to work out a budget that likely will include some tax cuts.
Broken roads have formed the single largest pothole in freshman Gov. Mike Pence's legislative "roadmap," a first-year agenda centered around a $500 million cut in the state's personal income tax.
