Indiana cabinet maker closes Alabama plant with 445 workers
Employees and officials criticized the abrupt closure, which came without prior public notice and was announced to employees at 10 a.m. Tuesday.
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New ‘Right to Try Act’ has lots of legal ins and outs
On May 30, President Trump signed into law the “Trickett Wendler, Frank Mongiello, Jordan McLinn, and Matthew Bellina Right to Try Act of 2017,” more easily known as the “Right to Try Act.” The Right to Try Act provides that terminally ill patients have a right to try drugs not yet approved by the U.S. […]
Startup raises $2.5M to launch medication-reminder tech product
Concordance Health Solutions’ Smart Med Reminder system reminds patients to take their meds and alerts caregivers or providers when an intervention is needed.
Trump health chief Azar renews call to end key drug-pricing tactic
U.S. Health and Human Services Secretary Alex Azar told lawmakers that it may be time to eliminate the complex system of rebates that drug companies and pharmacy-benefit managers use to negotiate and set prices.
Another experimental Alzheimer’s drug fails as Eli Lilly, Astra halt tests
An independent data-monitoring committee found that the medicine, lanabecestat, was unlikely to meet the goals of the studies, one for early Alzheimer’s and the other for mild dementia related to the disease.
Texas tech firm acquires High Alpha’s ClearScholar
Founded in 2016, ClearScholar is the second company in the High Alpha portfolio to be snapped up in the last four months.
Local jewelry store to close its doors after 41 years in business
The family-owned jewelry business, which first opened in Glendale Town Center in 1977 before moving just north of 96th Street in 1991, plans to close Aug. 31—unless a late-developing plan to sell the store comes to fruition.
Charitable giving in United States tops $400 billion for first time
A surging stock market and huge gifts from billionaires fueled a big increase in giving in 2017, according to the annual Giving USA report by the Indiana University Lilly Family School of Philanthropy at IUPUI.
Under new owner, Fountain Square’s Wheeler building converting to market-rate housing
Core Redevelopment is buying the building, which houses 36 affordable-housing units, and plans to boost the number of apartments to at least 52 as part of the conversion.
Exec blamed for leadership exodus at Baldwin & Lyons resigns from firm
Steven Shapiro—who was blamed for a major squabble that sent three top executives fleeing from Carmel-based Baldwin & Lyons Inc. two years ago—has now himself left the insurance company.
Biodiversity champion wins Indianapolis Prize for conservation work
The seventh recipient of the prize has been credited with protecting hundreds of species and millions of acres of critical habitat around the world. He will receive $250,000.
Fate of $3M downtown fund precarious despite advancing council hurdle
The petitioners advocating for the Mile Square district’s passage have just barely garnered the amount of signatures required by law to advance the proposal.
Indiana gets federal permission for workforce cabinet
Indiana Gov. Eric Holcomb's newly revamped workforce training cabinet has received the green light from the U.S. Department of Labor.
Cookie shop in Circle Centre reopens under new franchisee
The owner of Gifts and Convenience, a shop in the downtown Embassy Suites by Hilton hotel, is the new franchisee for the mall cookie and desert shop, which closed early this year after a lawsuit from the landlord.
Homebuilder seeks approval for 174-home neighborhood in Hamilton County
The developer has requested a rezoning to allow for a subdivision on 63 acres north of 171st Street and east of Mill Creek Road.
Developer proposes 314-home subdivision in Noblesville
Brooks Farm would feature 314 homes built by two builders, including attached villas and single-family homes.
Indiana startup raises $2.5M to launch medication-reminder tech product
Concordance Health Solutions is launching its product, called Smart Med Reminder, to help address the national epidemic of patients who forget to take their medications, a problem that costs the U.S. health care system nearly $300 billion a year.
Firm behind BlueIndy car-sharing service running into trouble in Paris
Paris Mayor Anne Hidalgo is considering early termination of the firm’s contract with the city, amid widening losses and criticism that the vehicles are poorly maintained and dirty.
Federal judge blocks Indiana voter registration law
The left-leaning group Common Cause argues Indiana’s use of the interstate “crosscheck” system is “discriminatory.”
Developer plans medical complex, hotel, restaurants off I-65
An Indianapolis-based developer is seeking approval for a 25-acre development in a high-profile location in Lebanon.