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Articles

UPDATE: Finding new Purdue president could come with challenges, experts say

May 19, 2026 | Mickey Shuey

The university’s board of trustees could have a challenging task ahead in finding Mung Chiang’s replacement, given the breadth of the president’s role and Purdue’s standing as one of the largest and most widely respected public research universities in the United States.

Lilly rebuffed by Supreme Court on $194M Medicaid award

May 18, 2026 | Bloomberg News

The case against Lilly centered on the rebates that drug companies must pay to state Medicaid programs to subsidize some of the cost.

Work begins on Heartland BioWorks headquarters in Indy

May 18, 2026 | Alex Brown, Inside INdiana Business

The nearly $24.3 million project, being led by Bloomington-based Applied Research Institute, or ARI, will serve as a biomanufacturing workforce training and innovation center when complete.

Editorial: Lilly earns kudos for 150 years of innovation, economic impact

May 15, 2026

There’s no doubt the company has been among Indiana’s greatest innovators, employing tens of thousands of Hoosiers and contributing significantly to our state’s economy.

Lilly announces $50M contribution to UNICEF USA for children’s health

May 14, 2026 | Daniel Bradley

The Indianapolis-based drugmaker will work to support UNICEF’s efforts to strengthen primary health care systems to prevent, detect and manage noncommunicable diseases in children and adolescents.

Lilly CEO David Ricks keeps eye on future while company celebrates history

May 13, 2026 | Daniel Bradley

The Indianapolis-based drugmaker is marking 150 years since Col. Eli Lilly founded his company on May 10, 1876.

Food partnership, life sciences speaker series unveiled at Lilly’s 150th anniversary event

May 12, 2026 | Daniel Bradley

Former Indianapolis Colts quarterback Peyton Manning emceed the event, which took place before about 500 attendees at the new Lilly Event Center in downtown Indianapolis.

Indianapolis-based Arcwood Environmental acquires Alabama company

May 12, 2026 | Susan Orr

The acquisition is the fifth in 18 months for Arcwood, an environmental services firm that until last year operated as Heritage Environmental Services.

Mitch Frazier: SNAP’s move to Indy could be just the start

May 8, 2026 | Mitch Frazier

While details — including the number of jobs — have yet to be announced, the news positions Indianapolis as a potential cornerstone of the future of the agency,

Lilly looks to sell about $8B of debt to fund acquisitions

May 7, 2026 | Bloomberg News

The move comes as Lilly has embarked on a spree of large acquisitions, including two of its most-expensive transactions ever.

Lilly announces additional $4.5B investment at LEAP District manufacturing site

May 6, 2026 | Daniel Bradley

Lilly’s latest commitment at the LEAP District brings the company’s total investment there since 2022 to $18 billion.

Eli Lilly headquarters

2026 Innovation Issue: Entrepreneur Richard DiMarchi stays locked in as the market for blockbuster drugs evolves

May 1, 2026 | Lesley Weidenbener and Tom Murphy / Special to IBJ

Richard DiMarchi still works a full schedule, researching and teaching at Indiana University.

2026 Innovation Issue: Two executives going all-in on AI

May 1, 2026 | Mickey Shuey

A real estate leader and pharmaceutical executive explain the practical and surprising ways they’re using AI in their fields and what the future might look like for AI and their industries.. 

2026 Innovation Issue: Great Indiana innovations

May 1, 2026 | Samm Quinn

In the first Innovation Issue in 2015, IBJ featured several Indiana innovations. We’re revisiting some of those and introducing a few more worth mentioning.

Nate Feltman: Building a bioscience powerhouse

May 1, 2026 | Nate Feltman

Central Indiana has a real opportunity not only to compete in the biosciences but to become the next great American hub on the scale of North Carolina’s Research Triangle.

Stocks rally to finish best month since 2020, even as oil prices whipsaw

April 30, 2026 | Associated Press

Alphabet led the way and rallied 10% after the owner of Google and YouTube reported profit for the latest quarter that almost doubled analysts’ expectations.

Lilly earnings increase as Mounjaro, Zepbound sales continue rise

April 30, 2026 | Daniel Bradley

The Indianapolis-based drugmaker reported profit of $7.4 billion for the first quarter, up from $2.8 billion in the same period a year earlier.

Lilly signs $2.25B deal with California-based AI firm to develop genetic medicine

April 29, 2026 | Daniel Bradley

The Indianapolis-based drugmaker will partner with Profluent to develop and commercialize treatments for diseases with severe unmet needs.

rop-lilly-083118-450bp.jpg

Lilly acquiring cancer-drug firm Ajax Therapeutics in deal worth up to $2.3B

April 27, 2026 | Daniel Bradley

The acquisition is the latest in a series of recent deals that Indianapolis-based Eli Lilly and Co. has made to increase its cancer-treatment pipeline.

Eli Lilly headquarters

Defense firm V2X, analytics startup Ekkobar among 2026 Mira Award winners

April 24, 2026 | Susan Orr

TechPoint announced 17 awards Friday night at its Mira Awards gala in Carmel. The annual awards program recognizes achievements in Indiana’s tech sector.

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