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UPDATE: Bill to limit Indiana environmental rules dies

February 24, 2014

A state senator has killed legislation that would bar Indiana environmental regulators from creating standards harsher than federal rules.

Life sciences jobs pack 2-for-1 punch

February 24, 2014

While life sciences companies don’t rack up huge jobs numbers, their relatively high pay means that every job they create is worth two in the rest of the private sector.

Indiana’s hospitals face Obamacare timing problem

February 24, 2014

The Obama administration’s delays of Obamacare’s employer mandate penalties mean it will be another year or two before hospitals see the additional revenue the law was supposed to bring them.

Company news

February 24, 2014

Online physician visits could become far more common in Indiana this year under a bill pending in the General Assembly. House Bill 1258 would allow the large health insurer Anthem Blue Cross and Blue Shield to launch a pilot program using the Live Health Online technology it has developed with Massachusetts-based software firm American Well Corp. The technology—which allows doctors to make virtual house calls via a Skype-like video and chat portal—would expand access to health care by making physicians available at odd hours and to patients in far-flung areas. The pilot would be conducted by primary care physicians at Indianapolis-based American Health Network, a large primary care physician practice. The pilot could last as long as six months and would involve at least 200 online visits. After the pilot phase, the Medical Licensing Board of Indiana then would be able to decide whether to expand online visits statewide and under what restrictions, if any. Since 2003, the Medical Licensing Board has restricted those visits to patients and doctors who have had an in-person encounter. HB 1258 would remove that restriction, allowing doctor-patient consultations where no relationship existed.

Eli Lilly and Co. will acquire all assets of Germany-based Lohmann SE and its subsidiary, Lohmann Animal Health. The assets include vaccines and feed additives and manufacturing sites in Cuxhaven, Germany, and Winslow, Maine. No terms were released, but Indianapolis-based Lilly said Monday that its 2014 earnings forecast will be trimmed due to acquisition costs. Lohmann Animal Health had sales of $342 million in fiscal 2012. It has about 600 employees in more than 30 countries. In November, Reuters reported that Boehringer Ingelheim was considering an offer for Lohmann Animal Health estimated at $535 million. Lilly said the acquisition will significantly increase the ability of its Elanco Animal Health subsidiary to make vaccines. Competing in that market is a "cornerstone" of the subsidiary's long-term strategy, the company said. The deal is expected to close in the second quarter.

A panel of House lawmakers Feb. 20 approved a one-year ban on construction of nursing homes, according to the Associated Press. The measure passed the Ways and Means Committee 12-7. The Senate authors of the measure originally sought a five-year moratorium, but Ways and Means Chairman Tim Brown, R-Crawfordsville, suggested the length be trimmed to give lawmakers time to decide if a ban is needed. The ban is at the center of an ongoing debate between the state's existing nursing homes and developers leading a wave of construction across the state.

The University of Indianapolis plans to spend $50 million over five years on major construction projects. The bulk of the money will be spent on a 134,000-square-foot health sciences center, which will provide training space for UIndy’s nursing, physical therapy and other health care students, as well as for a community health care facility. Over the next two years, the UIndy will also renovate its Krannert Memorial Library, replace its Campus Apartments on Shelby Street with newer housing options and expand its science labs. UIndy also plans to hire additional faculty for key programs and launch men’s and women’s lacrosse teams.

Shares of Eli Lilly and Co. rose last week after the Indianapolis-based drugmaker revealed that an experimental drug boosted overall survival among lung cancer patients in a large Phase 3 trial. When ramucirumab was applied to non-small cell lung cancer, along with a traditional chemotherapy drug, it showed a statistically significant extension of the time of overall survival when compared with patients who only took the chemotherapy drug, Lilly said Feb. 19. The company plans to submit ramucirumab for market approval with the U.S. Food and Drug Administration later this year. The drug has already shown positive results as a treatment for gastric cancer, and Lilly is studying the drug as a liver cancer treatment as well. Wall Street analysts have modest expectations for ramucirumab. Bernstein Research analyst Tim Anderson expects sales next year of $167 million, ramping up to $669 million by 2020.

People

February 24, 2014

Dr. Zachary Dodd, a spine surgeon, has joined the OrthoIndy practice of orthopedic surgeons and its Indiana Orthopaedic Hospital in Indianapolis. Dodd received his bachelor’s degree in biology from Wabash College. He did his medical training at the Indiana University School of Medicine.

John Cannon, credited with righting the ship at WellPoint Inc., was terminated without cause last week. The Indianapolis-based health insurer said Cannon will remain with the company until early March to help in the transition of his duties as general counsel and chief public affairs officer. Cannon, 60, served as WellPoint’s interim CEO from August 2012, when the company’s board ousted CEO Angela Braly under pressure from investors, until March 2013, when current CEO Joe Swedish took the helm. Cannon came to WellPoint from Philadelphia-based Cigna Corp., where he worked for 19 years, ultimately becoming deputy general counsel.

Climate case at Supreme Court looks at EPA’s power

February 24, 2014

The Obama administration is squaring off at the Supreme Court with industry groups and Republican-led states, including Indiana, over a small but important program aimed at limiting power-plant and factory emissions of gases blamed for global warming.

Lilly acquires animal health business, lowers forecast

February 24, 2014

Eli Lilly and Co. is buying a privately held, poultry-vaccine maker based in Germany to strengthen its Elanco animal health subsidiary.

Fishers voters to pass judgment on growth strategy

February 24, 2014

In many ways, Fishers’ first city election this year will be a referendum on the Hamilton County community’s current economic development strategy.

House committee mulls corporate contribution to mass transit

February 24, 2014

The Indiana House Ways and Means Committee is expected to vote Monday on a mass-transit bill and is considering an amendment that would require 10 percent of revenue to come from non-traditional sources.

Governors: Buzz about legalizing pot just smoke in most states

February 24, 2014

Colorado’s governor is warning other state leaders against rushing to follow his lead to legalize recreational marijuana.

Chamber recommends IPS explore selling real estate

February 24, 2014

Indianapolis Public Schools should immediately consider selling five of its buildings and work with IndyGo to transport students, according to a study by the Indianapolis Chamber of Commerce.

New BMV class-action suit alleges drivers overcharged

February 24, 2014

Plaintiffs in the class-action lawsuit could secure refunds for overcharges on vehicle registrations and other services if their suit succeeds. The suit follows on the heels of a similar legal battle fought last year.

Potholes devouring municipal budgets locally, across U.S.

February 24, 2014

About three-fourths of U.S. states and many cities, including Indianapolis, have outspent their maintenance budgets dealing with the extreme weather.

You-review-it Monday

February 24, 2014

My weekend included the Phoenix Theatre’s “North of the Boulevard.” What about yours?

Two former IURC workers named to utility commission

February 24, 2014

The Indiana Utility Regulatory Commission openings generated heavy interest. Gov. Mike Pence added a second round of interviews in order to hear from 21 candidates.

Delph gains names recognition in fight with own party

February 24, 2014

When conservative state Sen. Mike Delph took to Twitter about gay marriage and ultimately lost his formal vestiges of power within the Senate Republican caucus, he gained something far more valuable in the world of politics.

Pence won’t rule out run for presidency

February 22, 2014

Indiana Gov. Mike Pence is leaving the door open on a potential 2016 presidential campaign.

HEALTH CARE

February 21, 2014

Shares of Eli Lilly and Co. rose as much as 4.6 percent on Feb. 19 after the Indianapolis-based drugmaker revealed that an experimental drug boosted overall survival among lung cancer patients in a large Phase 3 trial. When ramucirumab was applied to non-small-cell lung cancer, along with a traditional chemotherapy drug, it showed a statistically […]

GOVERNMENT

February 21, 2014

Marion County’s WorkOne agency is looking for employers to partner in a $1.5 million training program that’s focused on downtown and surrounding neighborhoods. The money comes from the downtown tax-increment-financing district as a result of a political compromise over its expansion. In 2012, Democratic City-County Councilors Vop Osili and Joe Simpson agreed to push through […]

Senate GOP leaders punish Delph, strip him of leadership posts

February 21, 2014

The moves against the conservative senator follow an intraparty fight over amending the state's constitution to ban gay marriage.

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