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People

November 3, 2009

Paige Dooley, a registered nurse, will become vice president of nursing at Community Hospital East in
Indianapolis on Nov. 16. She will succeed Mary Browning, who is now vice president of nursing for the ambulatory division
of Community Health Network. Melodi Bauer has held the nursing vice presidency in an interim capacity since April 2008.

Dr. H. N. Nagaraja joined Riverview Diabetes and Endocrinology
in Noblesville. He specializes in thyroid conditions.

Dr. Damion M. Harris, an orthopedic surgeon
specializing in shoulders, joined Henry County Center for Orthopedic Surgery & Sports Medicine in New Castle. Harris received
his medical training at the Indiana University School of Medicine.

Dr. Brock P. Nolan
has joined St. Francis Psychiatric Associates in Indianapolis. Nolan most recently served as medical
director of behavioral health services at Luke Air Force Base in Phoenix.

Dr. Robert
W. Zickler
has joined St. Francis Vascular Associates in Indianapolis. He comes to St. Francis from Virginia, where
he was a staff surgeon at Mary Washington Hospital. Zickler focuses on aortic stent grafting, carotid artery surgery, minimally
invasive vein surgery and limb salvage surgery.

Thomas Sparks, a researcher at Indianapolis-based
Dow AgroSciences, was named scientist of the year by R&D Magazine, a trade publication. Sparks won the award for his team’s
work developing pesticides that are more environmentally friendly.

Reuben Kapur has been named
program leader for Hematologic Malignancies and Stem Cell Biology Research Group in the Herman B Wells Center for Pediatric
Research at the Indiana University School of Medicine.

 

Company news

November 3, 2009

Eli Lilly and Co.’s Byetta won a new market approval, which the company hopes will reverse the diabetes
drug’s recent sales decline. But the drug also was the subject of a new alert about kidney problems in patients taking
the drug. The U.S. Food and Drug Administration OK’d Byetta to be used sooner in patients suffering from poor blood
sugar control. But the FDA  also told doctors to be alert about kidney problems of some patients taking Byetta.
Before, the FDA called for Byetta to be used only after patients tried other drugs without success. Byetta, which Lilly sells
via a partnership with San Diego-based Amylin Pharmaceuticals Inc., suffered a 5-percent decline in U.S. sales in the 12 months
year, to $171 million in the third quarter. Worldwide Byetta sales totaled $593 million through
the first nine months of this year, a 5-percent increase compared with the same period in 2008.

Lilly
also will trim 191 sales jobs in Indiana as part of a company-wide restructuring announced in September that ultimately
will result in 5,500 job cuts by the end of 2011. The pharmaceutical giant will trim its osteoporosis, diabetes and neuroscience
sales forces, which are listed as working out of the Lilly Technology Center on South Harding Street. The workers’ last day
will be Dec. 31.

Local health care information technology professionals will discuss efforts to bring Indiana health
care into the digital age at a breakfast meeting on Friday. The panelists will include Jane Niederberger, president of Indianapolis-based
My Health Care Manager LLC, Stacy Cook, a physician attorney at
the Indianapolis law firm of Barnes & Thornburg LLP, Michael E. Rudicle, a director at
the local office of New York-based accounting firm PricewaterhouseCoopers LLP, and Jack Horner, CEO of Major
Hospital
in Shelbyville. The meeting, part of the New Economy New Rules series, will be held at the downtown offices
of the Barnes & Thornburg law firm.

Wishard Foundation said it has received a $6 million
grant from the Indianapolis-based Richard M. Fairbanks Foundation
to help fund construction of a new Wishard Hospital. Voters on Tuesday approved a new $754 million hospital
for Wishard Health Services. The $6 million grant is the single largest philanthropic contribution Wishard
has received in its 150-year history.

The FDA said a new titanium implant
to re-stabilize the spine, made by Zimmer Holdings Inc., showed good
results in a  clinical trial. But the FDA also noted that physicians who had received consulting payments from Warsaw-based
Zimmer turned in patient results better than physicians who were not paid by Zimmer, according to the Associated Press. The
FDA noted the correlation was not statistically significant, but it will asks a panel of orthopedic specialists to weigh in
on the new device and decide whether Zimmer should provide more data before approving it for sale. The agency is not required
to follow the group’s advice, though it usually does.

New Wishard gets overwhelming approval in referendum

November 3, 2009

Unofficial results from Tuesday night’s special election show more than eight out of 10 Marion County voters supporting a new $754 million hospital for Wishard Health Services.

Q&A

November 3, 2009

Greg Mortenson, the author of "Three Cups of Tea," was a nurse in Indianapolis and earned a graduate degree at
IUPUI before starting his well-known schools in central Asia. The Montana resident was honored recently
by an Indianapolis-based nursing honor society.

WellPoint, White House sling reform studies

November 3, 2009

Health insurer says premiums would fall for local employers with unhealthy workers, but costs would rise for firms with
average or healthy workers.

City Market board sought 3-year closure for redevelopment

November 3, 2009

Board president says he quit after Indianapolis Mayor Greg Ballard declined proposal to shut down historic landmark until
2013 for major renovation.

Fishers fights for Sallie Mae employees

November 3, 2009

The Fishers town council last night approved a resolution urging the U.S. Senate to help about 2,000 Sallie Mae employees
who could lose their jobs if President Obamaâ??s plan to eliminate private student-loan lenders is approved. The nationâ??s
biggest private lender has offices in Fishers and Muncie. It employs about 2,300 Hoosiers.

2012 may not be Indy’s only Super Bowl

November 3, 2009

Though NFL executives have concerns about the 2012 Super Bowl in Indianapolis, Allison Melangton, CEO of the local organizing
committee, thinks perfect execution of the game and all that surrounds it will take the Circle City to a new level.

New mother dies from H1N1 flu

November 3, 2009

Jamie Loveless, 27, a Mooresville native, died last week from the H1N1 flu virus while on vacation with her husband and 9-month-old
son. She was admitted to the St. Petersburg General Hospital with serious respiratory issues and pneumonia, and died a few
days later. Her funeral is tomorrow in Mooresville.

Police search for cabbie carjacking suspects

November 3, 2009

Police are looking for three people they say carjacked a cab driver early this morning on the west side of Indianapolis. Investigators
say the cab driver picked up a woman sometime around 4:30 a.m. After reaching her destination, two men approached the cab,
beat up the driver, then took off in his car with the woman still inside. Police say the woman may have been involved in the
crime. Fox59 will have more at 4 p.m.

Buffet’s Berkshire buying railroad for $34B

November 3, 2009

Warren Buffet’s Berkshire Hathaway says it has agreed to buy Burlington Northern Santa Fe in a deal valuing the railroad at
$34 billion.

Saturn’s loss, Byrider’s gain

November 3, 2009

J.D. Byrider, the Indianapolis chain of used-car lots, is courting Saturn dealers to come into the fold as Byrider franchisees.

Factory orders rose 0.9 percent in September

November 3, 2009

Orders to U.S. factories rebounded in September, helped by strength in autos, heavy machinery and military aircraft.

Brake manufacturer closure costs 118 jobs

November 3, 2009

Carlisle Industrial Brake and Friction has notified the state that it will close a manufacturing plant in Logansport, resulting in the loss of 118 jobs.

Greensburg manufacturer sold, jobs moving to Oklahoma

November 3, 2009

The Autoquip Corp. has completed its acquisition of American Lifts in Greensburg and will be moving nearly 50 jobs to company headquarters in Guthrie, Okla.

Wishard receives $6 million gift from Fairbanks

November 3, 2009

The Wishard Foundation said it has received a $6 million grant from the Richard M. Fairbanks Foundation that will be used to help fund construction of a new Wishard Hospital, if Marion County voters approve the project.

CICF lost more than its foundation peers in ’08

November 3, 2009

The $491 million Central Indiana Community Foundation has switched investment advisers after the market crash of 2008, a year
in which it saw greater losses than many of its peers.

Construction

November 3, 2009

-TMG Construction Management Inc., Noblesville, will begin construction next week of a new town hall for the town of Trafalgar.
The project, which includes a 1,000-square-foot expansion and 3,400-square-foot renovation of existing space, is scheduled
to be complete by the end of January.

-TMG Construction Management Inc. has completed a 1,500-square-foot renovation
for Indy Laser Hair Removal at 55 S. Raceway Road.

Leasing/leasing contracts

November 3, 2009

-Equicor Real Estate Development and Investment hired Jones Lange LaSalle as leasing agent for Waterplace Park, a 113,000-square-foot, four-building complex at 8925 N. Meridian St., and for the 74,000-square-foot Fidelity Keystone Office Tower and Fidelity Keystone Office Park. John Robinson and Adam Broderick of Jones Lange LaSalle are brokers for the properties.

-Software Engineering Professionals leased 28,000 square feet in the James Building, which is under construction in Carmel City Center. The tenant was represented by Jenna Barnett of Halakar Real Estate. The owner of the building, REI Real Estate, was represented by John Robinson and Adam Broderick of Jones Lange LaSalle.

-Schiele Enterprises Inc. leased 21,000 square feet of industrial space at 2402 Shadeland Ave. The tenant was represented by Kevin B. Kempf of Colliers Turley Martin Tucker. The landlord, Shadeland Business Park LLC, represented itself.

-CornerStone Flooring leased 12,800 square feet of industrial space at 8068 Woodland Drive in Park 100. The tenant was represented by Kevin B. Kempf of Colliers Turley Martin Tucker. The landlord, Duke Realty, represented itself.

-Decatur Vein Clinic leased 2,250 square feet at 33 E. County Line Road, Greenwood. The tenant was represented by David Black of Grubb & Ellis Harding Dahm & Co. The landlord, County Line Commons LLC, was represented by Rebecca Baer of Summit Realty Group.

-Dr. Matthew Wittrig, DDS, leased 2,363 square feet at 33 E. County Line Road, Greenwood. The tenant was represented by Jim Marron of UGL Equis. The landlord, County Line Commons LLC, was represented by Rebecca Baer of Summit Realty Group.

-Triumvirate Enterprises leased 2,460 square feet at 5777 Park Plaza Court in Park Plaza Business Park. The tenant was represented by Kurt Meyer of Baseline Commercial. The owner, First Industrial Realty Trust, was represented by Mary Sullivan of First Industrial and Nikhil Gunale of CB Richard Ellis.

-Peter Municipal Consultants PC leased 1,250 square feet at South Greenwood Shoppes, 6001 N. U.S. 31, Whiteland. Cathy Richards of Grubb & Ellis Harding Dahm & Co. represented the landlord, HRCP Inc. John Vance of Keller Williams represented the tenant.

-Sweeties GT leased 2,523 square feet at Broad Ripple Station, 1081 Broad Ripple Ave. Ron Mannon of Grubb & Ellis Harding Dahm & Co. represented the tenant. The landlord, LOR Corp., was represented by Suzanne Gammon of LOR.

-LJ Stone Co. leased 806 square feet at Lake Plaza 6801 Lake Plaza Drive. Debbie Shumate of Grubb & Ellis Harding Dahm & Co. represented the landlord, Lake Plaza LLC and LeBarron Investments. The tenant was represented by Brian Dell of Summit Realty Group.

 

Sales/acquisitions

November 3, 2009

Bill Pritt, the owner of local restaurants Forty-Five Degrees and the Blu Martini, purchased the 8,000-square-foot ground
floor commercial space at 757 Massachusetts Ave. for $890,000 from Fifth Third Bank, which had foreclosed on the property.
Forty-Five Degrees is one of the tenants in the space, located at the corner of Massachusetts and College avenues.

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