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Tech firm Intact Integrated Services has moved its North American headquarters to Carmel, where it plans to add as many as 100 jobs by 2015, state economic development officials announced Wednesday morning.
Indiana University researchers say there is no economic incentive for lawmakers to exclude off-track betting facilities from a smoking ban under consideration in the Indiana Legislature.
A legislative stalemate in Indiana reached a political milestone on Tuesday as House Democrats stayed away from their jobs for a 30th consecutive day in what now ranks among the longest Statehouse boycotts in recent U.S. history.
State-funded vouchers for private schools and a shift of money to charter schools are necessary steps in the effort to improve Indiana's education system, the state schools superintendent said Tuesday.
The Indianapolis Symphony Orchestra and the Indianapolis Symphonic Choir offer a pops concert featuring “Choruses of Hollywood,” including music from “Avatar,” March 25-27 at Hilbert Circle Theatre. Details here.
On March 28, the Indianapolis Baroque Orchestra presents “New France,” featuring music from the mid-1700s, at the Christel DeHaan Fine Arts Center. Details here.
Ensemble Music Society and the Indianapolis Museum of Art present the contemporary music group Eighth Blackbird, March 26. The program includes music by Philip Glass, Steve Reich and Stephen Hartke. Details here.
The improvisational music group Ne(x)tworks String Quartet performs a free concert March 25 at the Christel DeHaan Fine Arts Center. Details here.
International Violin Competition of Indianapolis 2002 bronze medalist Soovin Kim joins the Ronen Chamber Ensemble for a concert featuring music by Beethoven, Tchaikovsky, Bartok and others at the Indiana History Center’s Basile Theatre. Details here.
March 29
Jazz Kitchen
Believe it or not, there are a few lyrics in the Great American Songbook that were not written by Johnny Mercer.
But it might be hard to think of some when you realize that Mercer wrote, among many others, “Too Marvelous for Words,” “Jeepers, Creepers!,” “Blues in the Night,” “Skylark,” “Hooray for Hollywood,” “I’m Old Fashioned,” “Summer Wind,” “Moon River,” Something’s Gotta Give,” “Come Rain or Come Shine,” “One for My Baby (and One More For the Road),” “Autumn Leaves,” “Days of Wine and Roses,” “You Must Have Been a Beautiful Baby,” and “Ac-Cent-Tchu-Ate the Positive.”
Mercer’s way with words will be celebrated by the Indianapolis Jazz Orchestra as part of a Tuesday night concert, which also highlights the sound of the Maynard Ferguson Big Band of the 1950s and 1960s. Details here.
March 24
IU Auditorium
If you’ve never heard Sarah Silverman before, well, then maybe you shouldn’t be going to see her when she performs at IU Auditorium. If you have seen her, you realize how difficult it is to quote one of her jokes, out of context, here and still manage to get by your spam filter.
The author of “The Bedwetter” and star of the concert film “Jesus is Magic” and Comedy Central’s “Sarah Silverman Program,” Silverman specializes in using her faux-naïve persona to get away with outrageous statements (not many comics would even attempt a line about Martin Luther King’s “I Have a Dream” speech). Of course, it helps, too, that she’s very funny. Details here.
Vicki Bohlsen explains how her solo PR firm with $25,000 in seed money grew to 14 employees with $780,000 in revenue in one year.
March 26
Palladium
A concert featuring double Grammy winner Jane Monheit would be a solid entry in anyone’s jazz series (she proved she’s a hit when she played the Cabaret at the Columbia Club last season). Give a listen to her here.
A concert with quadruple Grammy winner Dianne Reeves would be an equally impressive score on a season schedule. A sample? Click here.
Put them together, though—and add 16-year-old Nikki Yanofsky to the mix (Hear her here.), and you have the makings of a night to remember for a long, long time. Alas, I can’t make it Saturday, but I’m confident this will be the concert I most regret missing all year. Details here.
Community Heart and Vascular added Dr. Jo Mahenthiran as its 12th physician. Mahenthiran specializes in non-invasive cardiology and cardiac imaging. Most recently, he was an associate professor of clinical medicine and the director of cardiac imaging at the Krannert Institute of Cardiology at Indiana University. The practice is part of Indianapolis-based Community Health Network.
Robert Wade has joined Indianapolis-based Krieg DeVault LLP’s health care practice as a partner in the law firm’s Mishawaka office. His practice concentrates on hospitals, ambulatory surgical centers, physician groups, physicians and other medical providers. Wade is the creator of Captain Integrity, www.captainintegrity.com, a compliance program resource used by many hospitals, health systems and other providers.
Dr. Paul E. Driscoll has been selected as medical director for St. Francis Medical Group after serving in that position on an interim basis for several months. A family physician, Driscoll will continue to oversee clinical operations of the 140-member physician group, which is owned by Franciscan St. Francis Health. Driscoll is a graduate of the University of Maryland School of Medicine.
Harold Berfiend has been named chief operating officer of Indiana University Health Ball Memorial Hospital. Berfiend is a former controller for IU Health, when it was called Clarian Health. He came to Ball Memorial as chief financial officer after Clarian acquired the Muncie hospital in 2008.
Indianapolis-based SonarMed Inc. has named William DeMars its vice president of sales and marketing. DeMars will orchestrate the 2011 U.S. market launch of SonarMed’s Airwave system, which monitors breathing tubes for patients requiring ventilators. DeMars was previously the vice president of business development for Minnesota-based Ashmak, a medical consultancy.
Zimmer Holdings Inc. and Biomet Inc., both based in Warsaw, are among the bidders for AstraZeneca Plc’s Astra Tech, a Swedish unit that makes dental implants and medical devices, reported Bloomberg, citing two people with direct knowledge of the matter. Astra Tech may sell for $1.8 billion to $2.1 billion, according to a research note by analysts at Sanford C. Bernstein. Astra Tech, which also makes medical devices for urology and surgery, had sales last year of $535 million. It employs 2,200 and operates in 16 markets. Separately, Zimmer won a $13.5 million contract to sell orthopedic implants to the U.S. Department of Defense. The new contract is guaranteed for one year, with the possibility of four one-year renewals.
Elanco, the animal health unit of Indianapolis-based Eli Lilly and Co., which this month agreed to acquire Johnson & Johnson’s European animal health unit, also had its eyes on another target, according to a Reuters report. A now-abandoned joint venture between the animal health businesses of New Jersey-based Merck & Co. Inc. and France-based Sanofi-Aventis SA anticipated selling off some assets for roughly $1 billion, according to unnamed sources cited by Reuters. The news agency reported that Elanco paid roughly $300 million to Johnson & Johnson, in order to acquire 50 animal health medicines sold under the name Janssen Animal Health. Elanco is the world’s fourth-largest animal health company, with $1.4 billion in annual revenue.
How’s this for financing drug development? Even though it hadn’t brought a single product even close to the market, Carmel-based Marcadia Biotech Inc. was sitting on $37 million in cash when it agreed to sell itself in December to Switzerland-based Roche. The money piled up not from venture capitalists but through Marcadia’s research partnerships with large pharmaceutical companies, primarily with New Jersey-based Merck & Co. Inc. “Our venture-capital firms were going crazy. They never had a company that had to pay taxes,” said Fritz French, former CEO of the 11-person firm, which had attracted $15 million from investors early in its existence. French and his management team sold Marcadia for $287 million, with the possibility of reaping $250 million more if one of Marcadia’s experimental diabetes drugs makes it to market.
Elkhart General Healthcare System and Memorial Hospital and Health System of South Bend have agreed to merge. The two hospitals signed a memorandum of understanding to develop a parent organization that will operate both systems. Memorial CEO Phil Newbold will lead the combined organization. According to Newbold, the affiliation will attract more physicians to engage with the new system and help direct its future. “Together, Elkhart General and Memorial will have more than 700 highly skilled, well-trained physicians on staff. This shared medical expertise will enable us to attract even more specialized professionals to the area and produce the region’s highest quality of care,” Newbold said. Memorial Hospital boasts 526 beds. Elkhart General has 325 beds.
One year after President Obama signed the health reform overhaul, health insurers are buying less-regulated companies in a bid to offset the lower profits and growth they expect the law to cause.
In the face of new health reform restrictions, expect more small employers to opt for self-funded health benefits, concludes a report this week from Indianapolis-based United Benefit Advisors.
Drugmakers Merck & Co. and Sanofi-Aventis SA have abandoned plans to combine their animal-health businesses after wrestling with regulators for a year over potential divestitures.
Indianapolis-based Eli Lilly and Co. was among a list of possible suitors for about $1 billion in assets the two companies considered selling.
A 23-year-old man suffered a fractured neck, a concussion and a cut on his head when he crashed his car into the front of a south-side Indianapolis home early Tuesday morning. Resident Donald Sumpter was sitting on his living room couch about 12:30 a.m. when the car crashed into the home off Thompson Road between Madison and Keystone avenues. He was unharmed, but the driver was taken to Methodist Hospital in critical condition. The cause of the crash is under investigation.
A 28-year-old Indianapolis man died at Wishard Hospital Monday night after being shot in the chest in a hotel on the city’s west side. The shooting took place at America’s Best Value Inn in the 3700 block of North High School Road about 8 p.m. Police found the victim in the hallway on the second floor of the hotel. Police did not immediately know of a motive or suspects.
A man was killed Tuesday morning in Noblesville when his white 2010 Chevrolet Camaro left the road and crashed head-on into a tree. The single-car crash occurred on East 191st Street between Moontown Road and Old Chicago Road about 12:30 a.m. Police said alcohol and drugs are not suspected in the incident, but high speeds were likely a factor.
SS&C Technologies said it will create the jobs by investing about $3.9 million to open a service and technology center in the southwestern Indiana city. The company will begin hiring immediately and expects to begin operating in the second quarter of 2011.
Marcadia execs French, Hawryluk reflect on massive growth of Carmel firm after sale to Roche.
