Assets in 2014 rose from $7.7 billion to $10.1 billion, a 31-percent surge. The value of the endowment now has nearly doubled since closing 2010 at $5.3 billion.
Conner Prairie President and CEO Ellen Rosenthal has led tremendous growth at the interactive history park in Fishers since 2003. She plans to retire at the end of the year.
Eli Lilly and Co. signed yet another partnership aimed at developing immune-oncology drugs. The Indianapolis-based drugmaker formed a collaboration with U.K.-based AstraZeneca plc to collaborate on a Phase 1 clinical trial for patients with advanced solid tumors. The test will study the effect of giving patients Lilly’s drug Cryamza in combination with AstraZeneca’s experimental drug […]
In the 1920s, Indianapolis was one of the most innovative cities in the nation. But after “the dark tragedy of the roaring twenties,” Indianapolis lost its edginess for decades and only recently has begun to regain it.
The city has a chance to once again become known for innovation. But only if it can avoid serious missteps like the one we saw earlier this year with the Religious Freedom Restoration Act.
The drugmaker plans to sell 2.1 billion euros ($2.3 billion) of securities in three parts, according to a person familiar with the matter who asked not to be identified.
Christ Church Cathedral sued JPMorgan last year, saying the bank selected unsuitable and poorly performing investments, causing the church trusts to lose $13 million in value from 2004 to 2013.
PricewaterhouseCoopers had served as ITT's outside auditor for at least two decades before it abruptly announced last November it would step down, giving up some $1.5 million in fees a year.
Franciscan Alliance has offered to take over Jasper County Hospital in exchange for accepting all of the hospital's liabilities and debt, according to the Rensselaer Republican. A proposed asset purchase agreement was discussed May 13 by a joint meeting of the hospital’s board of trustees, the Jasper County Commissioners and the Jasper County Council. The […]
In a bid to get into the white-hot market for drugs that use the body’s immune system, Eli Lilly and Co. will spend $60 million to form a research partnership with Germany-based BioNTech.
Donald “Danny” C. Danielson, named a Living Legend last year for his lifelong contributions to business, education and philanthropy in Indiana, died Thursday morning in his New Castle home at age 95.
Lawmakers passed bills on topics ranging from ethics reform to "religious freedom." Meanwhile, they shot down legislation that would have helped the Indy Eleven build or renovate a stadium and that would have permitted Sunday alcohol sales.
The city of Indianapolis needs to craft a thoughtful strategy for how to spend millions of dollars in anticipated surplus downtown TIF funds over the next three years, and that strategy should include input from stakeholders outside the mayor’s circle.
Takeda Pharmaceutical Co. executives have agreed to pay more than $2.3 billion to resolve lawsuits accusing the company of hiding its Actos diabetes medicine’s cancer risks, three people familiar with the accord said.
In a bid to make itself more efficient, Indiana University Health announced Friday that it will spend roughly $1 billion to expand its Methodist and Riley campuses, then close its University facility. During the five- to seven-year process, University Hospital will remain open to patients, just as it is now, according to IU Health officials. […]
