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Analyst: Lilly outlook bleak until 2020

Forget this year’s loss of best-selling-drug Zyprexa’s patent. Eli Lilly and Co. faces the bleakest outlook in the pharma industry the rest of this decade, according to Bernstein Research analyst Tim Anderson.

Appeals court: Eiteljorg estate trustees breached duties

A panel of state appellate court judges backed a trial court’s decision, determining trustees for the estate of Harrison Eiteljorg breached their duties by failing to distribute more than $1 million to his two sons.

Zyprexa appeal rejected by Supreme Court

The U.S. Supreme Court has refused to revive a bid to press a $6.8 billion class-action suit against Eli Lilly and Co. over the marketing of Zyprexa, the company’s schizophrenia treatment.

Lilly, partner find no Bydureon effect on heart rhythm

Eli Lilly and Co., Amylin Pharmaceuticals Inc. and Alkermes Inc. said an analysis of a 148-patient trial found no evidence that their experimental Bydureon diabetes drug causes prolonged heart rhythms.

Lafayette, Logansport groups want China trade

Greater Lafayette Commerce and the Logansport-Cass County Economic Development Foundation will work with Purdue University to develop strategic plans designed to expand trade and investment with China.

Johnson County beefs up rules on cell towers

Concerns about growing cell phone use are prompting the Johnson County Board of Commissioners to crack down on cell phone towers to protect the landscape, residents and property values.

Purdue spends nearly $500K on marketing campaign

Purdue University spent nearly $500,000 to develop and promote a marketing campaign that angered many students and alumni who thought the school was straying from its traditional image as the Boilermakers.

Planned Parenthood defunding blocked

Planned Parenthood of Indiana expects to resume offering services to Medicaid patients following a judge's ruling that the state is not allowed to cut off the organization's public funding for general health services solely because it also provides abortions.

Recount panel to decide White case Tuesday

The Indiana Recount Commission will decide Tuesday whether Republican Secretary of State Charlie White is eligible to hold office amid allegations that he incorrectly used his ex-wife's address for his voter registration.

Art museum to charge for parking

The Indianapolis Museum of Art will charge $5 for parking starting Sept. 1. The new fee comes a year after the museum opened an outdoor sculpture park that drove up attendance.

Indiana: Medicaid patients’ choice not unlimited

Medicaid patients don't have unlimited rights to choose medical providers, the state of Indiana said Friday in defending its decision to cut off funding to Planned Parenthood because it offers abortions.

Man attacked on Monon Trail

Police are investigating another attack on the Monon Trail. A man said he was beaten while walking his dog near 61st Street at about 6 a.m. Thursday morning. The victim said two men attacked him from behind, knocked him down and hit him in the face. They searched his pockets but took off when they found nothing. Last week, a man was shot on the Monon near 86th Street. Devon Moore, 16, was arrested and charged with attempted murder and attempted robbery in that incident.
 

Suspect in home invasion in custody

One man is in custody and three others are being questioned in connection with a violent home invasion at about 6:30 a.m. Thursday morning on the city’s northwest side. Police say three men armed with a gun and knife forced their way into a woman's home just south of 71st Street near Michigan Road at about 6:30 a.m., and then ransacked the home, robbed the woman and sexually assaulted her. The suspects also took her car and tried to use her ATM card at a nearby bank. The victim is recovering at a hospital.
 

Hit-and-run kills bicyclist on west side

Indianapolis police are investigating the hit-and-run death of a bicyclist on the city’s west side. A woman called police Friday morning at about 2:30 a.m. after she thought she ran into the victim at the intersection of Oliver and Luett avenues. Investigators determined another driver had already hit the man and left him to die.