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Company news

January 4, 2011

Two St. Vincent Health hospitals—Saint John’s Health System and St. Vincent Jennings Hospital—have started using the DOCS4DOCS service provided by the Indiana Health Information Exchange.  DOCS4DOCS centralizes in electronic format all the lab results, radiology reports, transcriptions, pathology and hospital admissions reports, discharge and transfer reports from all participating Indiana hospitals, physician practices, labs and radiology centers. The service, which swaps more than 6 million messages each month, is paid for by hospitals and laboratories but provided free of charge to physicians. The exchange, based in Indianapolis, now has more than 80 hospitals and 19,000 physicians participating in its medical-record-sharing services.

Marcadia Biotech Inc., a Carmel-based biopharmaceutical company founded by former Eli Lilly and Co. executives, has been acquired by Swiss life sciences giant Roche. Some details of the transaction will be disclosed in February. Roche’s holdings include Roche Diagnostics, which employs more than 3,000 in Indianapolis at its North American headquarters. Marcadia has about a dozen employees at its 11711 N. Meridian St. headquarters, who have so far been sustained by the millions of dollars Marcadia has raised in venture capital and its partnerships with large drug companies.. Marcadia has been focusing on drugs to treat metabolic diseases such as diabetes and obesity. It previously partnered with drug giant New Jersey-based Merck & Co. Inc. and with Indianapolis-based Lilly. Last June, Marcadia and Lilly struck a deal to develop short-acting glucagon drugs to treat severe hypoglycemia. Roche’s big hope for a new diabetes drug, taspoglutide, had its clinical trials suspended in September due to severe digestive-tract side effects.
 

INSIDE DISH: Recess owner keeps it simple, plans expansion

January 4, 2011

Recess Watch VideoAfter initial trepidation over its chef-centric concept and urban location, Recess' Greg Hardesty plans to open another school-themed eatery.

Latest iPhone app: Baby EKG

January 4, 2011

Mobile medicine has arrived. Decatur County Memorial Hospital in Greensburg became the first hospital in Indiana to start using AirStrip OB, a patient-monitoring system that sends things like the heartbeat waves of patients directly to physicians’ iPhones, BlackBerrys or other mobile devices.

About your host

January 4, 2011

Welcome to Small Biz Matters, where you can join the conversation on small business and entrepreneurship. Small Biz Matters' host, Andrea Muirragui Davis, can be reached at [email protected] or 317-472-5369.

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January 4, 2011

Small Biz blog template

January 4, 2011

Small Biz blog template

January 4, 2011

Brightpoint expansion includes three buildings

January 4, 2011

The distributor of wireless devices has completed its purchase of a 533,000-square-foot facility in the AllPoints Midwest business park in Plainfield and is leasing a 200,000 square-foot building, also in Plainfield.

Another fire hits apartment complex

January 4, 2011

Nottingham Village Apartment Complex, on the east side near 21st Street and Post Road, was hit by fire Tuesday morning—its fifth fire since April, according to the Indianapolis Fire Department. This time, a large storage building caught on fire, causing about $150,000 in damage. The apartment complex also suffered two fires in the spring and two more in September. One of the September fires, which killed a mother and her 2-year-old son, was ruled an arson.
 

‘Drag queens’ rob man on east side

January 4, 2011

A man told Indianapolis police he was beaten and robbed by two men dressed as “drag queens” early Tuesday morning. The victim said he had just received $700 in cash from a check-cashing store in the 3800 block of East Washington Street, when he was hit in the head with a claw hammer while walking home and robbed. Investigators believe the two men were watching their victim as he entered the check-cashing store. An employee said the two had been in the store earlier that morning. One of the suspects was wearing a red plaid coat. The other had braided red hair.
 

Beech Grove mayor resigns

January 4, 2011

Donald “Joe” Wright shocked city council members when he announced his resignation  as mayor of Beech Grove on Monday night. Wright, who has a year left on his term, told the council that he wants to devote more time to his business. He is chief operations officer for Indianapolis-based Novia CareClinics LLC. His resignation takes effect Jan. 17. Councilor John Jennings will serve as acting mayor until a successor is named. Beech Grove is a city of about 15,000 people in southeast Marion County.
 

Daniels wins award for fiscal responsibility

January 4, 2011

The first ever "Fiscy Awards" will be presented this week to Indiana Gov. Mitch Daniels, Democratic Sen. Kent Conrad of North Dakota and Republican Rep. Paul Ryan of Wisconsin.

‘Fela’ broadcast not coming to a theater near you

January 4, 2011

London’s National Theatre production of the B’way musical isn’t coming any closer to Indy than cultural hotbeds Covington, KY, and Cleveland Heights, OH.

UPDATE: Convention leaders prepare for business without Welsh

January 4, 2011

Don Welsh was seen as a revolutionary force as CEO of the Indianapolis Convention & Visitors Association. Now he may be one of its biggest competitors as he takes the top job in Chicago.

Law firm launches economic development consultancy

January 4, 2011

Barnes & Thornburg aligns with new venture BT ProjectPoint LLC to provide clients economic development and project-financing consulting services.

Local office market continues vacancy struggles

January 4, 2011

The Indianapolis office market suffered through a tough 2010, marked by stagnant and high downtown vacancy rates, falling suburban occupancy rates and another year without construction activity.

Old National Bancorp completes Monroe Bancorp buyout

January 4, 2011

Evansville-based Old National Bancorp on Monday said it completed its previously announced takeover of Monroe Bancorp of Bloomington, a deal worth about $90.1 million.

NCAA selects Remy as new general counsel

January 4, 2011

Former Justice Department official Donald Remy begins his job the the Indianapolis-based organization March 14.

NCAA HQ

ICVA chief leaving Indianapolis for Chicago

January 4, 2011

Don Welsh, the top executive at the Indianapolis Convention & Visitors Association since 2008, is leaving the city to take the job as CEO of the Chicago Convention & Tourism Bureau, the ICVA announced Monday night.

Purdue mom missing after visiting son

January 3, 2011

Purdue University police are searching for a woman who disappeared after visiting her son on campus. Jinhua Liu, 52, was last seen about 5:30 p.m. Sunday at the Purdue Village Apartments. Liu had been staying with her son and daughter-in-law. The couple told police they left her at their apartment but she was not there when they returned at 9:30 p.m. Police say Liu may have been upset at the time she disappeared. No foul play is suspected.

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