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Firm brings big-name help to small not-for-profits: Consultant will offer tiered Web-based advice to help keep its fees affordable

August 18, 2008

Some heavy hitters in the local not-forprofit consulting world have formed Achieve LLC, a company that will use the Internet to make high-end advice available to small and midsize charities. Its goal is to give organizations experiencing growing pains access to expert advice they usually can’t afford. “The question was, how do you fill that void for smaller not-for-profits?” said coowner and Vice President Dave Sternberg, former associate director of the Fundraising School at Indiana University’s Center on Philanthropy and…

Firm brings big-name help to small not-for-profits: Consultant will offer tiered Web-based advice to help keep its fees affordable

August 18, 2008

Huguenard a billion-dollar broker: Senior vice president at Colliers one of the nation’s top deal-makers

August 18, 2008

John E. Huguenard is on a roll. He’s got $1 billion in active industrial listings and is on track to top his $700 million deal volume from last year. The low-key super-broker for the local office of commercial real estate powerhouse Colliers Turley Martin Tucker has closed 17 deals worth a total of $250 million already this year. And that’s no fluke: Huguenard, 45, has sold or leased more than 100 million square feet of industrial property in more than…

Turnaround may be in offing, observers say

August 14, 2008

Companies are quietly planning expansion projects despite woes that continue to unfold in housing, finance and other hard-hit industries, Indianapolis-area economic development officials say. The officials’ experiences differ, but a couple of them contacted in a spot check say requests for information from expansion-minded companies are becoming more common, and another says activity hasn’t fallen […]

Lilly taps hedge fund to cut research costs for Alzheimer’s drugs

August 11, 2008

Eli Lilly and Co.’s unorthodox efforts to develop new treatments for Alzheimer’s disease–if successful–could usher in
a new approach to drug development. The Indianapolis-based pharmaceutical company announced that a New York
hedge fund, TPG-Axon Capital, will invest up to $325 million to help cover the exorbitant development costs
of two experimental compounds to treat Alzheimer’s disease.

Push for personal medicine boosts firm: Software developer RND is busy working on gene-based diagnostic devices

August 11, 2008

The future of medicine is personal. That’s been the mantra of the pharmaceutical industry for the last decade-since the human genome was sequenced for the first time. But before Eli Lilly and Co. and its peers can develop and sell drugs that treat only patients with a specific gene, it needs sophisticated devices to test if a patient has that gene. And those devices need sophisticated software to make them run. That’s where The RND Group Inc. comes in. The…

UPDATE: Lilly unloads some research operations

August 6, 2008

Eli Lilly and Co. will shed about 440 jobs after the sale of its Greenfield Laboratories and outsourcing other work. But the Indianapolis-based drugmaker hopes Indiana sees no net loss of jobs from its restructuring moves. The announcements this morning are part of a quickening effort by Lilly to reduce overhead costs before it loses […]

Covance buys Lilly’s Greenfield operations

August 6, 2008

Eli Lilly and Co. has sold its Greenfield Laboratories in Hancock County to Covance Inc. for $50 million. Covance also signed a 10-year agreement with Lilly under which Princeton, N.J.-based Covance will take responsibility for Lilly toxicology testing now conducted at the historic facility. Approximately 260 Lilly employees at the facility will be offered jobs […]

It’s all about CHINA: Cultural programming on the rise in Indianapolis as local Chinese population rises, country opens up

August 4, 2008

When Dr. Zao C. Xu moved to Indianapolis in 1986, there were only a handful of other Chinese immigrants working at the Indiana University School of Medicine. Now, there are more than 20. Xu’s wife works at Eli Lilly and Co. When she started there in the mid-1980s, she was one of about 20 Chinese immigrant employees at the pharmaceutical giant. Today, there are more than 500. “Many people who came from China started working in the East or West…

UPDATE: Lilly execs questioned about future

July 24, 2008

Second-quarter sales and profits rose by double digits for Eli Lilly and Co., but overhead increased just as fast as the company worked feverishly to find new revenue sources before key patents expire. Investors yawned today after the Indianapolis-based drugmaker met Wall Street expectations of 99 cents per share. Lilly shares inched up 68 cents, […]

Incubator chief lands at life science firm

July 22, 2008

Art Patterson, who launched Flagship Enterprise Center in Anderson and built the small-business incubator and accelerator into a three-building operation, has been named CEO at Elona Biotechnologies Inc. in Greenwood. Patterson left Flagship early this year after completing a four-year startup phase. Expertise to help small businesses had been established through host Anderson University as […]

Once-thriving tennis tournament struggles to stay relevant

July 21, 2008

A dearth of name players, slumping attendance and an outdated venue have some in the local tennis community wondering if the
Indianapolis Tennis Championships–formerly known as the RCA Championships–needs some serious re-stringing. Attendance at
the nine-day event, which ran July 12-20 this year, was on pace through July 16 to be at a 20-year low.
But attendance is far from the tournament’s only challenge.

Lilly investing in venture to speed drug discovery

July 10, 2008

By J.K. Wall Eli Lilly and Co. is contributing to a $39 million pot of money to fund a startup that will develop tools to speed discovery and development of new drugs. Lilly has joined with rivals Pfizer Inc. and Merck & Co. Inc, as well as Boston venture capital firm PureTech Ventures LLC, to […]

Lilly buying cancer-research firm for $64M

July 8, 2008

Eli Lilly and Co. has agreed to spend $64 million to acquire SGX Pharmaceuticals Inc., a San Diego-based biotech firm developing cancer drugs. Indianapolis-based Lilly and SGX have been collaborating since 2003 on development of cancer drugs. SGX provided X-ray crystallography technology to determine the structure of cancer targets Lilly was trying to hit with […]

Lilly slapped for Cialis press release

July 8, 2008

A code-of-conduct committee in Australia has fined Indianapolis-based Eli Lilly and Co. $60,000 for a press release that the committee said promoted its Cialis erectile-dysfunction drug directly to the public. However, Lilly will not have to follow up with corrective ads, according to The Australian newspaper of Sydney. Lilly told the newspaper it was disappointed […]

IU program aims to turn lab rats into leaders: Business training is tailor-made for scientists

July 7, 2008

Andrea Walker is a chemist with management aspirations. But instead of signing up for a traditional MBA program, the team manager at Indianapolis-based AIT Laboratories will enroll this year in a slimmed-down business program that focuses on the life sciences. The program, called the Kelley Executive Certificate in the Business of Life Sciences, is a new creation of Indiana University’s Kelley School of Business. The program will conduct most of its classes online over a one-year period. The courses will…

Ralston Square development lures bar, hotel, bowling alley

July 7, 2008

A trendy bar and an upscale hotel have agreed to anchor the 11-story Ralston Square project slated for South Street between
Meridian and Pennsylvania streets. The developers of the $60 million mixed-use project are moving forward after landing the
tenants necessary to secure a loan commitment, said Brian Epstein, president of locally based Urban Space Commercial Properties
and a partner on the project.

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Articles

Firm brings big-name help to small not-for-profits: Consultant will offer tiered Web-based advice to help keep its fees affordable

Firm brings big-name help to small not-for-profits: Consultant will offer tiered Web-based advice to help keep its fees affordable

Huguenard a billion-dollar broker: Senior vice president at Colliers one of the nation’s top deal-makers

Turnaround may be in offing, observers say

Lilly taps hedge fund to cut research costs for Alzheimer’s drugs

Push for personal medicine boosts firm: Software developer RND is busy working on gene-based diagnostic devices

UPDATE: Lilly unloads some research operations

Covance buys Lilly’s Greenfield operations

It’s all about CHINA: Cultural programming on the rise in Indianapolis as local Chinese population rises, country opens up

UPDATE: Lilly execs questioned about future

Incubator chief lands at life science firm

Once-thriving tennis tournament struggles to stay relevant

Lilly investing in venture to speed drug discovery

Lilly buying cancer-research firm for $64M

Lilly slapped for Cialis press release

IU program aims to turn lab rats into leaders: Business training is tailor-made for scientists

Ralston Square development lures bar, hotel, bowling alley