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Stadium construction issues nearly resolved

January 12, 2011

More than two years after it opened, some construction problems persist at Lucas Oil Stadium, particularly with outside lighting and with some of the plumbing. The work was performed by contractors that are now defunct.

Casinos to escape smoking ban proposal

January 12, 2011

An estimate from a nonpartisan agency showed a statewide smoking ban that includes casinos could cost Indiana more than $180 million in lost gambling tax revenue.

First Indiana Lego store planned for Castleton Square

January 12, 2011

Great news for Lego fans of all ages: The privately held Danish company known for its toy construction sets is planning its first Indiana store, at Castleton Square Mall.

Hurco reports fourth quarter, annual losses

January 12, 2011

Indianapolis-based machine tool maker lost $1.1 million in the fourth quarter and $5.7 million in fiscal 2010.

Guidant to appear in federal court for sentencing

January 12, 2011

Boston Scientific Corp.'s Guidant unit hopes to end a criminal case accusing it of failing to properly disclose changes made to some implantable heart devices when it appears in court Wednesday.

Local tech consultant to expand, add 60 jobs

January 12, 2011

Indianapolis technology firm MMY Consulting Inc. will spent $700,000 to expand its local operations, economic development officials said early Wednesday, nearly doubling its staff over the next four years.

U.S. attorney’s office finishes year in the black

January 12, 2011

The top federal prosecutor in Indianapolis says his office collected more money in criminal and civil penalties than it spent last year.

Education dominates Daniels’ State of State address

January 12, 2011

Gov. Mitch Daniels urged Indiana lawmakers Tuesday night to be aggressive in making sweeping changes to the state’s education system.

Rick Alvis: Practicing what you preach

Leading Questions: Rick Alvis

Deal could give Lilly full diabetes deck

January 11, 2011

Eli Lilly and Co.’s diabetes partnership with Boehringer Ingelheim GmbH represents a new kind of disease-focused strategy that some consultants think is key to pharma companies’ futures.

Q&A: Derek Bang

January 11, 2011

Derek Bang, practice leader of health care advisory services at the Crowe Horwath accounting firm in Indianapolis, spent a week in March studying health care in the United Kingdom, especially its universal health care program. He was surprised by the “daily barrage of criticism” he heard about the National Health Service, but also found that the United Kingdom and United States face very similar issues when it comes to constraining growth in health care costs.

Company news

January 11, 2011

Indiana University researchers won a $7 million, four-year grant from the National Institutes of Health’s Human Microbiome Project. Barbara Van Der Pol, an epidemiologist at the IU School of Medicine, and David Nelson, a molecular biologist at IU’s Bloomington campus, have been named co-investigators on IU's portion of the project, which has already been operating under the leadership of Dr. J. Dennis Fortenberry, professor of pediatrics at the IU School of Medicine. The researchers are studying at a microbial level sexually transmitted diseases in Hoosier men, which often lead to pain during urination and sex.

The School of Science at IUPUI won a $943,000 grant from the National Science Foundation to help minority students pursue careers in life sciences research. The money will fund the IUPUI Undergraduate Research Mentoring in the Biological Sciences Program, beginning this spring. Two-year fellowships will pay stipends to selected science students to conduct intensive research on “biosignaling,” the ability of cells to respond to their environments. The students also will attend seminars and presentations designed to help them toward a career in bioresearch. Lastly, the students will be paired with minority mentors who already hold graduate degrees.

Warsaw-based Zimmer Holdings Inc. Chief Executive David Dvorak said that demand for hip- and knee-replacement procedures will recover in the second half of 2011, when consumers have jobs and insurance again. "There will continue to be an impact until unemployment rates are reduced and [insurance] enrollment rates go back up," Dvorak told investors in a presentation at a conference hosted by J.P. Morgan in San Francisco, according to Reuters. "We're going in the right direction, but it's a slow recovery," he said. Sales of orthopedic implants, which Zmmer manufactures, have been especially hard-hit during the recent recession, as patients out of work or short of cash put off elective surgeries.

WellPoint Inc. expects its profit this year to exceed $6.60 a share, the company announced Monday at the J.P. Morgan health care conference in San Francisco. Such a performance would slightly beat the expectations of Wall Street analysts, who currently predict 2011 profit of $6.57 per share for the Indianapolis-based health insurer. Analysts expect the same amount of profit when WellPoint reports its 2010 results on Jan. 26, according to a survey by Thomson Reuters. WellPoint provides health benefits to 33.5 million Americans, more than any other company. But the job losses of the past two years have kept its profits from growing.

An experimental drug being developed by Eli Lilly and Co. doesn’t appear to help with digestion as much as existing drugs, according to a staff report released Monday by the U.S. Food and Drug Administration. According to Bloomberg News, Lilly’s drug liprotamase, also known as Solpura, is designed to help patients suffering from poor digestion due to cystic fibrosis, chronic pancreatitis or other conditions. Outside advisers to the FDA are scheduled to meet today in Maryland to review whether the drug should be approved for those patients. The panel of advisers will issue a non-binding recommendation to the FDA, which will make the final decision. Indianapolis-based Lilly got rights to Solpura in July when it purchased Massachusetts-based Alnara Pharmaceuticals Inc. for up to $380 million.

People

January 11, 2011

Warsaw-based Symmetry Medical Inc. named Thomas J. Sullivan president and CEO beginning Jan. 17. He replaces Brian S. Moore, who has been CEO since 2003. Moore will remain with the orthopedic supply company through June 2012 as head of business development and as a member of the board of directors. Sullivan was previously president of the supply-chain and business-process division of New Jersey-based Johnson & Johnson Health Care Systems Inc. From 2005 to 2007, Sullivan served as president of Warsaw-based DePuy Orthopaedics Inc., a unit of Johnson & Johnson. Sullivan holds an MBA degree from the Wharton School at the University of Pennsylvania.

Westfield-based consulting firm maxIT Healthcare named Mike Sweeney its president, reporting to CEO Parker Hinshaw. The 600-person firm, which advises health care clients, also promoted Reese Gomez to be executive vice president of solution management.

The Rehabilitation Hospital of Indiana named Dr. Lisa A. Lombard its new medical director. Lombard comes to the Indianapolis rehab hospital from California, where she was the chief of traumatic brain injury rehabilitation at Santa Clara Medical Center.  She also held a similar role at the University of Pittsburgh Medical Center. The Rehabilitation Hospital of Indiana is a joint venture of Clarian Health and St. Vincent Health, two Indianapolis-based hospital systems.

Emmert has full plate at his first NCAA convention

January 11, 2011

Mark Emmert would like to get tougher on rule-breakers and plans to expand the push for academic reforms started by the late Myles Brand.

Brightpoint will handle supply chain for Allied

January 11, 2011

Brightpoint said it will take over direct sales of Allied Wireless, as well as billing, shipping of equipment and other functions.

Teen arrested after carjacking

January 11, 2011

A teen is in police custody after a north-side Indianapolis man said he was carjacked at gunpoint early Tuesday morning. The man said he was getting out of his car at the Lake Nora apartment complex when he was approached by the suspect and two other males just after 12:30 a.m. The suspects took the man’s wallet and car keys before driving off. Seconds after the victim called 911, a police officer patrolling the Broad Ripple area spotted the victim's car. The 17-year-old driver was apprehended after a brief car chase, but the other two suspects fled the scene on foot.
 

Two children shot on west side

January 11, 2011

An 11-year-old and a 16-year-old suffered minor injuries in an apparent drive-by shooting in the 4000 block of Arcadia Street on the west side of Indianapolis on Monday night. The incident happened just before 7:45 p.m. near 30th Street and Lafayette Road. The 16-year-old was shot in the arm and the 11-year-old was shot in the foot. Police are seeking help in finding the shooter.  
 

Snow blankets central Indiana

January 11, 2011

A winter-weather advisory remains in effect until 7 p.m. Tuesday. Accumulations of 3 inches to 6 inches of snow are expected, with the heaviest snowfall expected through mid-afternoon. Dozens of postponements and early dismissals have been reported in central Indiana.
 

LEADING QUESTIONS: Wheeler CEO focuses, plans more beds

January 11, 2011

LQ_RickAlvis_Watch_VideoRick Alvis looks back on 20 years at Wheeler Mission and ahead to a capital campaign and expansion of a downtown shelter.

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