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A silver lining for Endocyte

May 2, 2014

The news this morning couldn’t have been worse for Endocyte Inc. But if it had to come, the timing couldn’t have been better–because it allowed Endocyte to raise a pile of cash to spend on the other drugs in its pipeline.

Interactive claims top MIRA Award for second straight year

May 2, 2014

The top honor at the Mira Awards on Saturday night went to software firm Interactive Intelligence, while academia made waves in other categories at the annual technology-sector event.

UPDATE: Indiana education waiver could be at risk, Feds say

May 2, 2014

Indiana's efforts to set its own educational course could be in danger if the state fails to correct issues with the implementation of its No Child Left Behind waiver, the U.S. Department of Education said.

Pacers’ Hibbert deserves standing ovation

May 2, 2014

Despite having no points, two rebounds and four fouls in just more than 12 minutes, Pacers center Roy Hibbert's performance in Atlanta Thursday is deserving of fans' admiration. He did what so few stars before him have.

Endocyte shares plunge 60 percent after drug trial is stopped

May 2, 2014

Endocyte Inc.’s stock fell more than 60 percent in early trading Friday after the drug it’s developing with Merck & Co.’s backing failed to help patients in a trial for ovarian cancer.

Carmel’s Main Street getting more upscale apartments

May 2, 2014

Carmel officials have signed off on Keystone Realty Group’s plans to build a five-story mixed-use building southwest of Old Meridian and Main streets.

U.S. gains 288,000 jobs as rate falls to 6.3 percent

May 2, 2014

U.S. employers added a robust 288,000 jobs in April, the most in two years. The unemployment rate sank to 6.3 percent, its lowest level since September 2008. But the drop occurred because the number of people working or seeking work fell sharply.

Remy sees quarterly rise in profit, revenue

May 2, 2014

Pendleton-based manufacturer Remy International Inc. saw profit rise to $9.5 million in the first quarter, up from $1.8 million in the same period of 2013.

Purdue raises $7.5 million during day of giving

May 2, 2014

Purdue University received 6,500 donations ranging from $10 to more than $1 million each during its inaugural Day of Giving.

Health IT firm hc1.com to add up to 175 Boone County jobs

May 2, 2014

The company said it will invest $2.5 million to lease and renovate an additional 9,466 square feet to expand its current 16,626-square-foot headquarters at Northwest Technology Park.

Indoor slides, high-paying jobs part of Interactive’s expansion plan

May 2, 2014

A day in the life for hundreds of new employees at Interactive Intelligence Group Inc. could mean riding a slide from one floor of their office to the next while earning about $80,000 per year.

Indiana Grown Commission now accepting applications

May 2, 2014

The IGIC was created by a law signed by Gov. Mike Pence on March 27. The legislation creates a commission that oversees the programs that market and promote Indiana-produced agriculture.

Pickups, small SUVs lead April auto sales rebound

May 2, 2014

U.S. car buyers came out of hibernation in April to spend on pickup trucks and SUVs, fueling an auto sales rebound that analysts expect to last the rest of the year.

Indiana signups lag for federal health care law

May 2, 2014

Data from the U.S. Department of Health and Human Services show that a total of nearly 230,000 Indiana residents were eligible to enroll in a marketplace plan, but only about 132,000 had done so by the March 31 deadline.

Indiana counties with vote centers on the rise

May 2, 2014

Residents in 16 out of Indiana's 92 counties can head to designated vote centers during next Tuesday's primary elections, up from seven counties in 2012.

Committee OKs $8.3 million for emergency road work

May 1, 2014

The Public Works Committee of the Indianapolis City-County Council approved $8.3 million in emergency road repairs Thursday night, after the list of proposed projects was revised to include every council district.

Records – May 5, 2014

May 1, 2014

Records listings from the May 5, 2014, issue of IBJ.

Precedent Office Park owner cashes out at steep loss

May 1, 2014

The owners of the 19-building Precedent Office Park are poised to unload the massive property, but at a price much cheaper than what they gave nine years ago during the height of the real estate boom.

IU plots $200M life sciences hub in former Wishard Hospital

May 1, 2014

The envisioned 26-acre, $200-million-or-more complex would bridge IU’s School of Medicine with the city’s life sciences firms, including those at the nascent 16 Tech, a business park.

DINING: Delicia’s ‘little mule’ of a neighbor offers big flavors

May 1, 2014

La Mulita has a roadside cantina vibe, a street-food menu, and an emphasis on lunch.

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