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Tobias, Lechleiter families donate $20M for clinical innovation, matched by IU Health

May 20, 2025 | Daniel Lee

The Tobias-Lechleiter Institute will focus on getting more Hoosiers enrolled in clinical trials and advancing medical research at IU Health and the IU School of Medicine.

Novo to sell Wegovy at $199 a month as copycat availability ends

May 22, 2025 | Bloomberg News

On Thursday, pharmacies were supposed to stop making the copies of the medications that had become popular during shortages of the brand-name drugs.

Weight-loss drugs may lower cancer risk in people with diabetes, study suggests

May 23, 2025 | Associated Press

The findings were released Thursday by the American Society of Clinical Oncology and will be discussed at its annual meeting.

Simon cites Indiana connections, lawsuit risks for redomiciling

May 23, 2025 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

One of the nation’s largest real estate companies has transferred its corporate registration back to Indiana from the state of Delaware.

Lilly seeks to expand pain pipeline with $1B acquisition

May 27, 2025 | IBJ Staff

SiteOne Therapeutics is developing a non-opioid therapy that targets sodium ion channels in the human body to treat pain and sensory hyperexcitability disorders.

Reports: Lilly eyes Houston for new $5.9B manufacturing facility

May 28, 2025 | Daniel Lee

Lilly in February announced plans to add four U.S. manufacturing sites at yet-to-be-determined sites as part of a roughly $27 billion investment.

CEO pay rose nearly 10% in 2024 as stock prices, profits soared

May 29, 2025 | Associated Press

Many companies have heeded calls from shareholders to tie CEO compensation more closely to performance. As a result, a large proportion of pay packages consist of stock awards.

Lilly, Purdue Strategic Ventures invest in AI-assisted remote lab platform built for speedier research and development

May 30, 2025 | Holly Hays

Persist AI announced a $12 million Series A funding round to support its new Cloud Lab platform, allowing companies to use its lab remotely for research and development.

Sam Snideman: Employers must play a role in expanding child care

May 30, 2025 | Sam Snideman

SEA 463 extends the state’s child care expenditure tax credit, which allows a business to claim a credit of up to 50% of qualified expenditures to help set up on-site or near-site child care facilities for the business’s employees.

Global gathering in Indianapolis emphasizes power of entrepreneurship

June 3, 2025 | Susan Orr

The Global Entrepreneurship Congress kicked of Monday with a discussion led by Gov. Mike Braun and companies including Eli Lilly. An associated event featured a fireside chat between High Alpha Managing Partner Scott Dorsey and business author Brad Feld.

Purdue trustees approve 50-year plan to transform university’s downtown Indianapolis presence

June 6, 2025 | Mickey Shuey

The Purdue University Board of Trustees on Friday unanimously approved a 50-year master plan for the school’s downtown campus that proposes more than a dozen buildings across 28 acres.

Lilly says weight loss pill has vast opportunity

June 6, 2025 | Daniel Lee

The Indianapolis-based drugmaker sees orforglipron as a potential global breakthrough treatment for weight loss and other conditions because it comes in pill form, not an injection.

Longtime Purdue exec who helped launch university’s Indianapolis expansion to retire

June 12, 2025 | Mickey Shuey

The announcement comes just a week after the Purdue Board of Trustees approved an expansive, 50-year plan for the downtown Indianapolis campus.

Indianapolis-based startup leans on connections to treat brain diseases

June 13, 2025 | Daniel Lee

Syndeio Biosciences sees burgeoning potential to treat mental health and cognitive conditions, including Alzheimer’s and depression, with therapies that target the almost countless minuscule brain synapses that give people the ability to think and function.