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‘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.

Lilly shuffles roles amid growth in U.S. investment, diabetes and obesity treatments

May 8, 2025 | Daniel Lee

The company has announced more than $50 billion in new U.S. manufacturing investments since 2020.

Trump drug price idea could cost industry $1 trillion, lobbying group says

May 7, 2025 | The Washington Post

The idea, floated by the White House as a way to help pay for the president’s tax cut plan, blindsided the pharmaceutical industry and has prompted a furious lobbying campaign.

Lilly chief scientist talks drugmaker’s new $4.5B campus, recruiting and innovation

May 7, 2025 | Daniel Lee

Chief Scientific Officer Dr. Daniel Skovronsky talked with the IBJ about his hopes for the Lilly Medicine Foundry, which the Indianapolis-based drugmaker broke ground on this week.

WeightWatchers files for bankruptcy protection to eliminate debt burden

May 7, 2025 | Associated Press

The 62-year-old company, which has moved into the prescription drug weight loss business, hopes to emerge from bankruptcy within 45 days.

Lilly breaks ground on $4.5B foundry campus in Lebanon’s LEAP District

May 6, 2025 | Daniel Lee

Officials from the Indianapolis-based drugmaker said the Lilly Medicine Foundry will help streamline the process of discovering new medicines and getting them to patients.

IBJ wins 9 honors, Indiana Lawyer earns 4 at Indiana journalism event

May 4, 2025 | IBJ Staff

Combined, the publications won eight first-place awards Friday night at the Best of Indiana event in Carmel.

Legislative session was mixed bag for business

May 2, 2025 | Cate Charron

Business owners can expect some tax relief and a new state small business office, but the Indiana Economic Development Corp. will have less money for some of its operations and programs under the next two-year budget.

Braun signs bill to create IEDC land-purchase guardrails, new state business office

May 2, 2025 | Cate Charron

The bipartisan bill requires the IEDC to be more transparent when it makes large land purchases for major projects like the massive LEAP business park in Boone County.

Lilly shares plunge after CVS Health drops Zepbound from preferred coverage

May 1, 2025 | Associated Press

CVS Health’s pharmacy benefits manager said weight-loss drugs from rival drugmaker Novo Nordisk will become the preferred options on its standard formulary, or list of covered drugs, as of July 1.

New nonstop flight to Ireland takes off from Indianapolis this weekend

May 1, 2025 | Cate Charron

The nonstop route between Indianapolis International Airport and Dublin, Ireland, offers travelers a direct line to one of Indiana’s largest trade partners.

UPDATE: Lilly shares tumble after missing analyst earnings expectations

May 1, 2025 | Daniel Lee

The Indianapolis-based drugmaker also reaffirmed its 2025 revenue guidance but noted that the calculation was based on existing tariff and trade policies.

Editorial: Indiana has shot to expand key life sciences sector

April 25, 2025

All universities are facing uncertainty about federal funding and grants. But because Indiana hasn’t been so dependent on those dollars for building up its life sciences sector, it might be able to forge a new path.

Report: Americans spent $71B on GLP-1 drugs in 2023

April 21, 2025 | IBJ Staff and The Washington Post

By 2023, semaglutide (Ozempic, Rybelsus and Wegovy) and tirzepatide (Mounjaro) products made up 70% of all U.S. GLP-1 spending.

Lilly promises to make weight-loss pill in United States in reshoring push

April 18, 2025 | Bloomberg News

By making the expected blockbuster pill in the U.S., Lilly may be able to avoid the impact of Trump’s sweeping tariffs, including possible levies on pharmaceutical products.

Lilly stock soars after weight-loss pill’s trial results rival Ozempic’s shot

April 17, 2025 | Bloomberg News

Trial data data showed Lilly’s experimental weight-loss pill worked as well as the Ozempic shot, bringing it one step closer to developing a needle-free alternative to injections.

Trump orders new efforts to lower drug prices

April 15, 2025 | The Washington Post

Trump’s order contains proposals to further lower the cost of insulin, importing more low-cost drugs and streamlining the federal approval process for some drugs.

Irish pharma exports to United States surge amid tariff threat

April 15, 2025 | Bloomberg News

It was the second straight sizable increase, suggesting that U.S. drug makers with Irish manufacturing hubs like Indianapolis-based Eli Lilly and Co. could be stockpiling products ahead of any tariffs on the sector.

Pfizer ends development of potential pill obesity treatment

April 14, 2025 | Associated Press

Pfizer had been hoping the once-daily pill treatment would give it an edge over leading weight-loss treatments like Zepbound from Eli Lilly and Co. and Novo Nordisk’s Wegovy, which are injectable.

Business owner delays opening for sensory-friendly play space after Carmel tornado

April 11, 2025 | Daniel Bradley

Kay Anderson planned to open Prana Play Carmel in May, but the building adjacent to the Monon Greenway was in the path of the F-1 tornado last week.

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