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Regulators in India have rejected a patent claim by Indianapolis-based Eli Lilly and Co. for its Cialis erectile dysfunction drug. The drug’s basic components were synthesized in 1970 by Indian scientists at a government body that researches pharmaceuticals, the Central Drug Research Institute, an Indian drugmaker contended. Moreover, drugmaker Ajanta Pharma argued, the Indian scientists […]
Long a staple in the South, Huddle House diners are beginning to pop up in Indiana. Can they outmatch Bud’s Chili and Alice’s Iced Tea over at Waffle House? The first Indianapolis-area…
Investors are selling off stock in Kokomo-based Haynes International Inc. despite a glowing earnings report yesterday. Shares in the maker of precision alloy parts for aerospace and chemical processing are down to $78.88 each this afternoon from $84.50 at yesterday’s close. The sell off came after Haynes reported fiscal fourth-quarter profit shooting up 73.8 percent […]
State Sen. Pat Miller says sheâ??s looking to the future by proposing a constitutional amendment that would
protect churches and other houses of worship from someday being taxed.
Itâ??s not a â??crisis today,â?? but could become a problem in the future…
Just moments ago, it was announced that John Mellencamp will be inducted into Cleveland’s Rock and Roll Hall of Fame. A celebration of the honorees will occur March 10 at the Waldorf-Astoria in NYC.
Is it too early for Mellencamp? Too…
A decent enough production of “Dirty Rotten Scoundrels” is being presented this week at Clowes Memorial Hall as part of the Broadway in Indianapolis series (my review will appear in the upcoming IBJ) and lobby speculation at Tuesday’s opening had…
Cummins Inc.’s midrange engine plant in Walesboro will add a week to its Christmas break due to slowing demand for diesel engines in Dodge Ram pickup trucks. The holiday layoff will begin Dec. 17, a week early, and end Jan. 2, according to a spokesman for the Columbus company. About 540 workers are affected. Pickup […]
Columbia Sussex Corp., the Fort Mitchell, Ky.-based owner of Casino Aztar in Evansville, has been denied a renewal of its license to operate the Tropicana Casino and Resort in Atlantic City, N.J. Yesterday’s action by the New Jersey Casino Control Commission is only the second such denial in the 29 years gambling has been legalized […]
If Simon couldn’t revive Lafayette Square Mall, what can be expected from an out-of-town company without the same mall experience? Simon Property Group is selling the 1.2 million-square-foot Lafayette Square Mall to…
The transition team of Mayor-elect Greg Ballard hasn’t decided whether the city should go after Super Bowl 2012. “We absolutely want to do it … but there may be demands the NFL has included that mean we can’t do it,” said Ballard spokesman Robert Vane. On Friday, Indianapolis Convention & Visitors Association President Bob Bedell […]
AAC Management Corp., the company that has agreed to buy Lafayette Square Mall, faces big challenges reviving the flagging property, retail brokers say. The 39-year-old northwest-side mall has lost customers and anchor tenants as new developments to the west and north have siphoned off affluent shoppers, brokers say. “This is a roll-up-your shirtsleeves kind of […]
By J.K. Wall Indiana ranked among the top 10 states for its strength in medical technology, according to a new report from the Advanced Medical Technology Association, a trade group of makers of medical devices, equipment, software and supplies. The report was based on the number of jobs and wages in medical technology companies and […]
The cost of parking is one of the top reasons office space has been a tough sell downtown when compared to the suburbs. But it’s not a problem if you’re the mayor-elect….
Ag Growth Industries LP, a Winnipeg, Canada, maker of grain-handling equipment, will add a location in an existing building in Union City in east-central Indiana, the Indiana Economic Development Corp. said today. The company, which fabricates augers, conveyors, grain storage bins, will occupy the former Union City Body Co. building, which has 163,000 square feet. […]
A centerpiece of the sweeping proposal rolled out yesterday by the Commission on Local Government Reform involves
consolidating many county offices under one elected official.
A county chief executive would appoint the assessor, auditor, coroner, recorder, surveyor, treasurer and even
the…
For a town where dance lovers are still mourning the 2005 loss of Ballet Internationale, Indy seems to have an overabundance of sugar plum fairies this season, with Butler U.’s, Gregory Hancock’s, and the Indiana Ballet Co.’s all going toe…
A ruling in federal court has removed several potential hurdles to the long-planned Interstate 69 extension, including one that sought to block a section through Perry Township in Indianapolis, reports the Evansville Courier & Press. The decision handed down late Monday by U.S. District Court Judge David Hamilton denied plaintiff claims that Major Moves disallowed […]
Eli Lilly and Co. has completed shifting exclusive production of a tuberculosis antibiotic to Purdue Research Foundation. The foundation’s Chao Center for Industrial Pharmacy & Contract Manufacturing will manufacture and distribute the drug, called Seromycin. Lilly sold the rights for an undisclosed price and donated the manufacturing equipment. Approximately 10,000 Americans are thought to have […]
Folks who think itâ??s time to bring local government from horse-and-buggy days into the modern era have to
be smiling about the report that the Commission on Local Government Reform released this morning.
The report, written by former Gov. Joe Kernan…
More than half of steel workers at plants around Lake Michigan could retire in five years, opening up hundreds of jobs, reports The Times of Munster. U.S. Steel Corp.’s plant in Gary, for example, plans to hire 250 hourly workers in each of the next several years, plus nearly 30 salaried employees. Hiring has been […]
