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Nuclear medicine booms in central Indiana

May 17, 2024 | John Russell

The roster of radiopharmaceuticals players in the Indianapolis area has surged in the past few years to include some of the world’s leading pharmaceutical companies, attracted by the potential for significant growth.

Hims debuts $199 weight-loss shots, takes aim at Lilly’s Zepbound

May 20, 2024 | Bloomberg News

Hims can offer the prescription weight-loss drugs because U.S. regulators have rules that allow pharmacies to make copycat versions of drugs in shortage, a practice that’s known as “compounding.”

China clears Eli Lilly’s weight-loss drug, only for diabetes now

May 21, 2024 | Bloomberg News

The pharmaceutical weight-loss market is predicted to reach at least $100 billion by 2030, according to Goldman Sachs.

Lilly to invest another $5.3B in Lebanon site to meet overwhelming demand for Mounjaro, Zepbound

May 24, 2024 | John Russell

Lilly said the new investment will allow it to hire 200 more workers at the complex, including engineers, scientists, and lab technicians, for a total of 900 full-time workers when it is fully operational.

Lilly’s huge expansion plan took place at record speed to reduce bottlenecks for Mounjaro, Zepbound

May 24, 2024 | John Russell and Daniel Bradley

The company said the site footprint will not expand, but the company will fill in the property with more buildings and equipment. Manufacturing capacity will almost triple there.

Weight-loss drug shortages lead to tracker from startup

May 29, 2024 | Bloomberg News

Ro’s tracker is the latest in the frenzy surrounding weight-loss drugs made by Novo Nordisk and Indianapolis-based Eli Lilly and Co.

Lilly seeks to build conference center on downtown HQ campus

May 31, 2024 | John Russell

Eli Lilly and Co. plans to build the center on an existing parking lot at its downtown campus, with the goal of hosting more of its global meetings in Indianapolis.

Editorial: Indiana should invest more to make sure manufacturers have latest tech

May 31, 2024

Indiana’s strategic advantage as a manufacturing powerhouse is dependent not just on companies that are building new plants with the latest technology but also in ensuring that existing manufacturers—many of which are suppliers for the big guys—implement the latest technology. If they don’t, they could lose the ability to compete.

2024 Innovation Issue: How automation can be a lifesaver

May 31, 2024 | John Russell

Lilly plans to outfit its Lebanon plants—now under construction—with the latest in robotic, digital manufacturing equipment that will do much of the work that a generation ago was done by humans.

Britain poised to offer Eli Lilly’s weight-loss drug to patients

June 4, 2024 | Bloomberg News

If the guidance is confirmed, Mounjaro will challenge the dominance of Novo’s Wegovy in the United Kingdom.

Lilly CFO Ashkenazi leaving to take job at Google parent Alphabet

June 5, 2024 | John Russell

Anat Ashkenazi was Lilly’s third-highest paid executive last year. She has worked at the company for 23 years, including as chief financial officer since 2021.

Ticket sales for U.S. Olympic Swim Trials lag expectations, but organizers predict event will break records

June 5, 2024 | Mickey Shuey

PHOTO GALLERY: USA swimming officials on Wednesday sought to make a big splash with the unveiling of the event’s pool: a million-gallon, custom-built tub of water atop the concrete floor of Lucas Oil Stadium.

IEDC seeks to purchase 2,500 more acres in Boone County for LEAP project

June 10, 2024 | Cate Charron

The IEDC is asking the state committee to allow it to redirect $88 million that had been approved for a previous project and use it to acquire more land and make infrastructure improvements in the LEAP Lebanon Innovation District.

Lilly hopes for positive FDA news on Alzheimer’s drug as stock sets new high

June 10, 2024 | John Russell

Lilly officials have said they are “incredibly confident” in the drug’s potential and the fact that it “offers very meaningful benefits to people with early symptomatic Alzheimer’s disease.”

Lilly Alzheimer’s drug that can slow disease gets backing from FDA advisers

June 10, 2024 | Associated Press

If the FDA agrees with the panel’s recommendation, the drug, donanemab, would only be the second Alzheimer’s drug cleared in the U.S. that’s been shown to convincingly slow cognitive decline and memory problems due to Alzheimer’s.

Lebanon needs to find new water source to support more construction, mayor says

June 11, 2024 | Daniel Bradley

Without an additional source, Lebanon cannot currently offer water to companies and developers looking to build in the city who have not already reserved allocations.

IEDC receives state approval for $88M in additional LEAP district funding

June 11, 2024 | Cate Charron

The Indiana Economic Development Corp. received the financial greenlight Tuesday afternoon to buy 1,400 more acres of land in Boone County for the LEAP Lebanon Innovation District and make more infrastructure improvements.

Michigan’s largest insurer to drop weight-loss drug coverage

June 12, 2024 | Bloomberg News

Obesity drugs such as Novo’s Wegovy and Lilly’s Zepbound are exploding in popularity. But with list prices of $1,000 a month or more, insurers are balking at the prices and trying to limit how widely they’re used.

IEDC announces $27.1B in pledged investments so far in 2024

June 13, 2024 | Cate Charron

This year-to-date total investment figure nearly eclipses last year’s total, which was a record of $28.7 billion.

Rural Zionsville residents aim to preserve way of life

June 14, 2024 | Daniel Bradley

Bradley Ridge is Henke Development Group’s third major residential development in Zionsville after the company reshaped Westfield with its Chatham Hills and Grand Park Village projects.

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