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Gus Watanabe, the chairman of BioCrossroads Inc., died Tuesday night. The central Indiana life sciences development group confirmed his death this morning. “We’re incredibly saddened by the loss of our friend and colleague,” said BioCrossroads spokeswoman Lori Leroy. Watanabe, 67, the former president of the research arm of Eli Lilly and Co., joined BioCrossroads as […]
Indiana Treasurer Richard Mourdock’s failed quest to stop Chrysler’s bankruptcy proceedings will cost state taxpayers $2 million in legal fees, but he has no regrets about what some saw as a Quixotic effort. That sum is on top of the $5.6 million a road construction fund and pension funds for retired teachers and state troopers […]
Indiana lawmakers will convene for a special, budget-writing legislative session today that stands to cost taxpayers at least $12,000 a day in a state that has seen its revenue plunge in the past year. The decisions they ponder will involve how billions of taxpayer dollars are to be spent, but there are few signs that […]
Advisers to the Food and Drug Administration said yesterday that three blockbuster psychiatric drugs appear safe and effective for children and adolescents, despite side effects that can increase the risk of diabetes. The FDA’s panel of psychiatric experts voted to approve the use of drugs from AstraZeneca, Eli Lilly and Pfizer for treating schizophrenia and […]
Three African-American families have filed a civil rights lawsuit accusing children’s restaurant Chuck E. Cheese’s and a former Indianapolis store manager of mistreating them because they are black. The lawsuit filed this week in U.S. District Court alleges Ken McGill, who was a manager at two different stores, refused to serve them, treated them rudely […]
Indiana will receive more than $21 million in additional funds for job training and other services to workers who lose employment due to outsourcing and foreign trade, the U.S. Labor Department said today. Only four states – Michigan, Pennsylvania, California and North Carolina – are receiving more money than Indiana. The funds are part of […]
The Kroger-anchored development referenced below will add far more trees than it has removed, Sandor Development CEO Sid Eskenazi tells Property Lines. The project along the Monon Trail at…
Auto parts maker Meridian Automotive Systems Inc. told the state yesterday it plans to eliminate 198 jobs at its Shelbyville plant by the end of August. The Allen Park, Mich.-based company already has executed the bulk of the reductions – letting go 153 employees on June 1. Meridian notified the Indiana Department of Workforce Development […]
The Indy Racing League television ratings continue to smolder. They’re certainly not burning it up, but where there’s smoke, there’s fire. And in this case, that means there’s some hope for the open-wheel…
Scott Olson [email protected] The Indiana Office of Management & Budget yesterday released details of two studies used to arrive at the $13 million it said could be saved by combining the Capital Improvement Board and the Marion County Building Authority into one organization. State officials initially had declined to make the studies available to the […]
Indianapolis life sciences firm Seradyn Inc. notified the Indiana Department of Workforce Development yesterday that it would close at the end of the year, leaving 114 employees out of work. Seradyn, part of Massachusetts-based Thermo Fisher Scientific, develops laboratory methods called “assays” that use antibodies to measure drug concentrations in the bloodstream. The company, located […]
Indiana State Treasurer Richard Mourdock said the Supreme Court’s rejection of an appeal by a trio of Indiana pension and construction funds to block the sale of Chrysler to Fiat shortchanged secured investors. “I am disappointed to have learned that the U.S. Supreme Court has lifted the stay in the Chrysler bankruptcy case, thereby allowing […]
Indianapolis life sciences firm Seradyn Inc. notified the Indiana Department of Workforce Development yesterday that it would close at the end of the year, leaving 114 employees out of work. Seradyn, part of Massachusetts-based Thermo Fisher Scientific, develops laboratory methods called “assays” that use antibodies to measure drug concentrations in the bloodstream. The company, located […]
Tori Adams, Jeremiah Burris, Joseph Burton and Candice Harris have been arrested after a drug raid at the Franklin Cove Apartment complex in Franklin. Police say the suspects cooked methamphetamine with two young children in the room. Investigators raided the upstairs apartment after neighbors called to complain that residents in surrounding units, including a pregnant […]
The Indiana Office of Management & Budget yesterday released details of two studies used to arrive at the $13 million it said could be saved by combining the Capital Improvement Board and the Marion County Building Authority into one organization. State officials initially had declined to make the studies available to the public. Indiana Gov. […]
Carmel-based Gaylor Inc., one of the largest electrical contractors in the Indianapolis area, said yesterday that it has acquired Griffith Group Inc. in Lafayette. Terms of the deal were not disclosed. Griffith Group is an electrical, heating and cooling contractor that mainly services customers in Tippecanoe and Lake counties. The company has 25 employees. Gaylor […]
By J.K. [email protected] Eli Lilly and Co. has joined three of its fiercest rivals to invest $40 million in a Massachusetts-based biotech company with potentially breakthrough drug technology. Aileron Therapeutics announced the funding Monday from Indianapolis-based Lilly, as well as Novartis AG and Roche Holding AG, both based in Switzerland, and GlaxoSmithKline PLC, based in […]
Carmel-based Gaylor Inc., one of the largest electrical contractors in the Indianapolis area, said yesterday that it has acquired Griffith Group Inc. in Lafayette. Terms of the deal were not disclosed. Griffith Group is an electrical, heating and cooling contractor that mainly services customers in Tippecanoe and Lake counties. The company has 25 employees. Gaylor […]
Indianapolis Mayor Greg Ballard revealed improvements to the city’s sewer system today. It’s one of the largest federally mandated sewer-overflow projects in the country. Ballard joined the Department of Public Works for the announcement this morning at Combined Sewer Overflow downtown. Fox 59 will have more at 10 p.m.
