Deloitte employees take part in company-wide volunteer day
Eli Lilly and Co. isn’t the only company to set aside a day for volunteering. The Big 4 accounting firm Deloitte had its 10th
annual IMPACT Day June 5.
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With Byetta’s sales stalled, Lilly unveils its own competitor
While Eli Lilly and Co. continues to work with a biotech firm on the diabetes medicine Byetta, it’s developing a potential
competitor to Byetta all on its own.Watanabe death shakes life sciences community-WEB ONLY
The unexpected death Tuesday evening of Dr. August “Gus” Watanabe leaves a large hole in the hearts of his friends and in the heart of the life sciences industry in central Indiana. Watanabe died of a self-inflicted gunshot wound at his Brown County cabin, according to the Brown County Sheriff’s Department. Watanabe, 67, was chairman […]
Watanabe death shakes life sciences community-WEB ONLY
The unexpected death Tuesday evening of Dr. August “Gus” Watanabe leaves a large hole in the hearts of his friends and in the heart of the life sciences industry in central Indiana. Watanabe died of a self-inflicted gunshot wound at his Brown County cabin, according to the Brown County Sheriff’s Department. Watanabe, 67, was chairman […]
BioCrossroads chairman Watanabe dies-WEB ONLY
Gus Watanabe, the chairman of BioCrossroads Inc., died Tuesday night. The life sciences development group confirmed his death this morning. “We’re incredibly saddened by the loss of our friend and colleague,” said BioCrossroads spokeswoman Lori Leroy. Watanabe, 67, the former president of the research arm of Eli Lilly and Co., joined BioCrossroads as chairman in […]
BREAKING: BioCrossroads chairman dies-WEB ONLY
Gus Watanabe, the chairman of BioCrossroads Inc., died Tuesday night. The central Indiana life sciences development group confirmed his death this morning. “We’re incredibly saddened by the loss of our friend and colleague,” said BioCrossroads spokeswoman Lori Leroy. Watanabe, 67, the former president of the research arm of Eli Lilly and Co., joined BioCrossroads as […]
FDA panel backs Lilly psychiatric drug for kids-WEB ONLY
Advisers to the Food and Drug Administration said yesterday that three blockbuster psychiatric drugs appear safe and effective for children and adolescents, despite side effects that can increase the risk of diabetes. The FDA’s panel of psychiatric experts voted to approve the use of drugs from AstraZeneca, Eli Lilly and Pfizer for treating schizophrenia and […]
Lilly, others pump VC into biotech firm-WEB ONLY
By J.K. [email protected] Eli Lilly and Co. has joined three of its fiercest rivals to invest $40 million in a Massachusetts-based biotech company with potentially breakthrough drug technology. Aileron Therapeutics announced the funding Monday from Indianapolis-based Lilly, as well as Novartis AG and Roche Holding AG, both based in Switzerland, and GlaxoSmithKline PLC, based in […]
Lilly, others pump VC into biotech firm-WEB ONLY
Eli Lilly and Co. has joined three of its fiercest rivals to invest $40 million in a Massachusetts-based biotech company with potentially breakthrough drug technology. Aileron Therapeutics announced the funding Monday from Indianapolis-based Lilly, as well as Novartis AG and Roche Holding AG, both based in Switzerland, and GlaxoSmithKline PLC, based in the United Kingdom. […]
As Byetta stalls, Lilly reveals Plan B-WEB ONLY
Ever wonder why acquisition-minded CEO John Lechleiter has been cool to the idea of Eli Lilly and Co. buying Amylin Pharmaceuticals Inc., Lilly’s partner on the diabetes medicine Byetta? One reason might be that Lilly is developing its own entrant into the promising new class of GLP-1 diabetes drugs, which was pioneered by the 2005 […]
Workers try again in bias suit against Lilly-WEB ONLY
Current and former workers at Eli Lilly and Co. have narrowed the scope of their racial discrimination lawsuit against the Indianapolis-based drug company. Lawyers for the workers asked a judge in U.S. District Court in Indianapolis today to accept a third amended complaint that charges Lilly with discrimination in pay and promotions against African-American employees. […]
Innovation drought?
Beneath Americaâ??s financial woes lies a lack of innovation, a recent BusinessWeek article argues. A paucity
of breakthrough products could have triggered the nationâ??s borrowing binge and ultimately the financial meltdown,
it says.Hereâ??s the logic: A decade ago,…
Spanish-language news program finds home after cancellation
The familiar face of a local Hispanic television newscast is back on the air, less than six months after the parent of WISH-TV
Channel 8 pulled the plug on him.Back in the news-WEB ONLY
The familiar face of a local Hispanic television newscast is back on the air, less than six months after the parent of WISH-TV Channel 8 pulled the plug on him. But perhaps even more impressive than the speedy return is the array of loyal advertisers, including one of the city’s largest public companies, that stuck […]
Lilly may be animal-health business suitor-WEB ONLY
Indianapolis-based Eli Lilly and Co. might make a play for one of the animal-health businesses that Merck & Co. Inc. now plans to divest. A spokeswoman for New Jersey-based Merck told the Wall Street Journal yesterday that the company plans to sell one of the two animal-health divisions it controls after its purchase of Schering-Plough […]
Consumer group seeks halt to Lilly drug review-WEB ONLY
Consumer health advocates and a patent holder on a highly anticipated blood thinner from Eli Lilly and Co. want the U.S. Food and Drug Administration to halt its review of the drug, which they say may be unsafe at the suggested dose. The FDA has been reviewing Indianapolis-based Lilly’s prasugrel since January 2008. A company […]
Lilly could quietly bulk up on bone drugs-WEB ONLY
It may not have the flash and pizazz of psychiatric, cancer and heart drugs, but expect Eli Lilly and Co.’s osteoporosis franchise to steadily build itself to blockbuster status over the next decade. That’s the upshot of a June 1 report from Massachusetts-based Decision Resources Inc.. which predicts that Lilly’s drug Forteo and a new […]
Remove barriers to lower costs
By preserving residency as a condition to distribute booze, our Legislature is protecting Indiana’s existing liquor distributors, many of whom do business in neighboring states like Illinois and Michigan. This antiquated standard is anti-competitive and ultimately means higher prices and reduced selection for Indiana residents.
Project manager named for I-70 beautification
Cripe Architects and Engineers has been named lead consultant on a $2 million project to beautify five Interstate 70 interchanges.
Lilly, Simon receive top philanthropic awards
Two global companies based in Indianapolis have been recognized for their philanthropic efforts.