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David Bordenkecher
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CVS to launch reimbursement model to simplify drug pricing

December 5, 2023 | Bloomberg News

The biggest U.S. drugstore chain aims to make the payment system more transparent by using a formula based on a drug’s cost, a fixed markup, and a fee that reflects the value of the pharmacy services, the company said Tuesday.

Former Colts punter Hunter Smith launches Statehouse bid

December 5, 2023 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

Smith said he would prioritize bipartisanship, “balance” and “dialogue,” and was also clear in calling himself a “pro-life conservative” and “pro-school choice.”

OxyContin maker’s bankruptcy deal hits Supreme Court, with billions at stake

December 4, 2023 | Associated Press

The agreement hammered out with state and local governments and victims would provide billions of dollars to combat the opioid epidemic. The decision also has implications for other major product liability lawsuits settled through the bankruptcy system.

Jury orders egg suppliers to pay $17.7 million in damages for price gouging in 2000s

December 2, 2023 | Associated Press

Indiana-based Rose Acre Farms, determined by a jury to be part of the conspiracy, said it would continue to consider all legal options, including post-trial relief and appeal.

Will AI laws protect consumers or stifle innovation?

December 1, 2023 | Susan Orr

Local tech founders and funders have diverse and nuanced opinions on whether new laws governing AI are necessary or whether effective legislation of the technology is even possible.

Eskenazi Health raising $60M to close health gaps

December 1, 2023 | John Russell

In March, Eskenazi Health launched a fundraising campaign to help it move the needle on health disparities. As of last month, its foundation had raised $57 million.

Lesley Weidenbener: Experiences you can gift this Christmas

December 1, 2023 | Lesley Weidenbener

If someone doesn’t want stuff, give them tickets to a performance, a museum membership, a gift card for weekend away or a cooking class.

Elevate Ventures planning a slightly slimmed-down Rally conference for 2024

December 1, 2023 | Susan Orr

Based on data from a newly released report about its first-ever Rally innovation conference, organizer Elevate Ventures likely will trim its programming offerings and schedule fewer simultaneous programs.

Statehouse committee provides updates on Medicaid program changes

November 30, 2023 | Whitney Downard, Indiana Capital Chronicle

An estimated 130,000 Hoosiers over the age of 60 using Medicaid will receive notices in early 2024 advising them to choose a Managed Care Entity to coordinate their health coverage.

Economy slowed in recent weeks with inflation, labor cooling

November 30, 2023 | Bloomberg News

The figures are consistent with expectations that the economy will moderate in the fourth quarter following the strongest growth pace in nearly two years.

Chemical firms to pay $110M to Ohio to settle claims over releases of ‘forever chemicals’

November 29, 2023 | Associated Press

The settlement involving DuPont, the Chemours Co. and Indianapolis-based Corteva Inc. resolves Ohio’s claims relating to releases of manmade, fluorinated compounds known as PFAS.

Former Indiana lawmaker pleads guilty to role in casino conspiracy

November 28, 2023 | Peter Blanchard

Under the plea agreement, Sean Eberhart will pay restitution of $60,000, although it’s unclear if he’ll serve time in prison.

Car dealers press Biden to ease U.S. electric vehicle mandates

November 28, 2023 | Bloomberg News

A group of 3,700 auto dealers is calling on the Biden administration to pull back on federal regulations that will mandate that two out of every three vehicles sold in the United States in 2032 will be battery electric.

IndyCar champ Palou admits breach of contract, tries to mitigate damages owed to McLaren

November 27, 2023 | Associated Press

The admission came in Alex Palou’s response to a lawsuit filed against him by McLaren Racing in September seeking to recoup at least $23 million in losses the team calculated Palou’s reversal cost the organization.

High-stakes dispute between Lilly, competitor over migraine drugs winding down

November 27, 2023 | John Russell

The two companies have been battling for years over patents for migraine headache drugs—Emgality for Lilly and Anjovy for Teva. Both drugs are once-monthly injections and were approved 13 days apart in September 2018.

Taking the plunge: How to know when to make your side hustle your full-time gig

November 24, 2023 | Megan Fernandez

No entrepreneur is likely to receive a sign from the universe—or from their accountant—that it’s all going to work out.

Entrepreneurship: Why on earth did Megawatt sponsor a race car?

November 24, 2023 | Ilya Rekhter

It was a celebration of community, a testament to embracing risks, and a demonstration of the surprising return on investment that comes from unconventional paths.

16 Tech gears up in reach for national stage

November 24, 2023 | John Russell

The live-work-play campus has been picked to join a new national network designed to connect researchers, entrepreneurs and investors to accelerate the development of health care products and services and speed up health care innovations.

Indiana 250: Jimmie McMillian

November 24, 2023

Jimmie McMillian serves as chief diversity officer and senior corporate counsel at Penske Entertainment Corp., which includes IndyCar, IMS Productions and the Indianapolis Motor Speedway.

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David Bordenkecher