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Sam Snideman: Employers must play a role in expanding child care

May 30, 2025 | Sam Snideman

SEA 463 extends the state’s child care expenditure tax credit, which allows a business to claim a credit of up to 50% of qualified expenditures to help set up on-site or near-site child care facilities for the business’s employees.

Lilly, Purdue Strategic Ventures invest in AI-assisted remote lab platform built for speedier research and development

May 30, 2025 | Holly Hays

Persist AI announced a $12 million Series A funding round to support its new Cloud Lab platform, allowing companies to use its lab remotely for research and development.

CEO pay rose nearly 10% in 2024 as stock prices, profits soared

May 29, 2025 | Associated Press

Many companies have heeded calls from shareholders to tie CEO compensation more closely to performance. As a result, a large proportion of pay packages consist of stock awards.

Reports: Lilly eyes Houston for new $5.9B manufacturing facility

May 28, 2025 | Daniel Lee

Lilly in February announced plans to add four U.S. manufacturing sites at yet-to-be-determined sites as part of a roughly $27 billion investment.

Lilly seeks to expand pain pipeline with $1B acquisition

May 27, 2025 | IBJ Staff

SiteOne Therapeutics is developing a non-opioid therapy that targets sodium ion channels in the human body to treat pain and sensory hyperexcitability disorders.

Simon cites Indiana connections, lawsuit risks for redomiciling

May 23, 2025 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

One of the nation’s largest real estate companies has transferred its corporate registration back to Indiana from the state of Delaware.

Weight-loss drugs may lower cancer risk in people with diabetes, study suggests

May 23, 2025 | Associated Press

The findings were released Thursday by the American Society of Clinical Oncology and will be discussed at its annual meeting.

Novo to sell Wegovy at $199 a month as copycat availability ends

May 22, 2025 | Bloomberg News

On Thursday, pharmacies were supposed to stop making the copies of the medications that had become popular during shortages of the brand-name drugs.

Tobias, Lechleiter families donate $20M for clinical innovation, matched by IU Health

May 20, 2025 | Daniel Lee

The Tobias-Lechleiter Institute will focus on getting more Hoosiers enrolled in clinical trials and advancing medical research at IU Health and the IU School of Medicine.

WNBA season begins as players look ahead to bigger paydays

May 16, 2025 | Daniel Bradley

Last October, the WNBA Players’ Association announced it would opt out of the league’s current collective bargaining agreement two years early at the end of this season.

CEO of Novo Nordisk, maker of weight loss drug Wegovy, to step down

May 16, 2025 | Associated Press

The Danish pharmaceutical company, which competes heavily with Indianapolis-based Eli Lilly and Co. in the weight-loss market, is leaving by “mutual agreement” with the company’s board of directors.

Historic Indiana Oxygen Co. Building lands medical tenant

May 16, 2025 | Mickey Shuey

The once-endangered 95-year-old building, which was moved to its current location in 1995, has been mostly vacant since the closure of Dunaway’s restaurant in late 2014.

Novo Nordisk inks $2.2B deal to develop weight-loss pill to rival Lilly’s orforglipron

May 14, 2025 | Bloomberg News

Indianapolis-based Eli Lilly & Co. announced promising results from a large study of its own tablet in diabetes patients last month.

For sale: IEDC land purchased for LEAP project, but never used

May 14, 2025 | Whitney Downard, Indiana Capital Chronicle

After buying thousands of acres in Boone County to develop a technology park, the Indiana Economic Development Corp. quietly listed two properties for sale a month ago.

UPDATE: Roche Diagnostics to invest up to $550M in Indianapolis, adding hundreds of local jobs

May 12, 2025 | Daniel Lee

The Swiss pharmaceutical and diagnostics giant said the move will establish the Indianapolis-based Roche Diagnostics site as a hub for manufacturing of its continuous glucose monitoring system.

Lilly’s Zepbound beats Wegovy for weight loss in first head-to-head trial of blockbuster drugs

May 11, 2025 | Associated Press

People taking Eli Lilly and Co.’s obesity drug, Zepbound, lost nearly 50% more weight than those using rival Novo Nordisk’s Wegovy in the first head-to-head study of the medications.

Editorial: Congratulations to IBJ journalists who nabbed state honors for their efforts

May 9, 2025

Last week, journalists recognized World Press Freedom Day, a “holiday” designated by the United Nations in 1993 that celebrates the “freedom to seek, impart and receive information.”

Startups to watch: Adipo Therapeutics LLC

May 9, 2025

Adipo is developing a new approach to obesity treatment that converts subcutaneous white fat into healthier, energy-burning brown fat.

Hoosier business executives say to voice tariff concerns, find alternative trade pathways

May 9, 2025 | Cate Charron

Representatives from Eli Lilly, Cook Medical and other Hoosier businesses gave advice about tariffs during the Indiana District Export Council’s annual trade and business conference Thursday at Newfields.

‘Innovation at every stage’: Lilly to invest up to $250M in broadened alliance with Purdue University

May 9, 2025 | Daniel Lee

The extended partnership holds the potential to be the largest industry-academic agreement of its kind in the United States, Purdue President Mung Chiang said.

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