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IBJ Podcast: What’s the potential impact of Lilly’s $4.5B ‘medicine foundry’ in Lebanon?

October 14, 2024 | Mason King

Lilly wants to know how to improve new medicines and speed them to market more quickly. The project promises hundreds of high-paying jobs and could help lift Lilly among a handful of the most valuable companies in America.

Glut of development creates challenges in finding subcontractors

October 11, 2024 | Mickey Shuey

While contractors have so far been able to keep up, the strain could get worse next year and beyond.

Why Lilly is pouring billions into LEAP

October 11, 2024 | John Russell

In recent years, the pharmaceutical manufacturer has seen dizzying growth in its pipeline for a wide range of diseases. And modes of drug delivery are becoming increasingly complex.

Nate Feltman: Ricks’ leadership leads to state success

October 11, 2024 | Nate Feltman

Eli Lilly and Co.’s state-of-the-art research and manufacturing facility in Lebanon will help speed the delivery of next-generation medicines and represent the largest single investment in the state to date.

Holcomb heading to Greece on latest trade trip

October 11, 2024 | Cate Charron

Indiana Gov. Eric Holcomb is scheduled to lead a trade delegation to Athens in a trip organized by the Council of State Governments.

Lilly weight-loss drug copycat makers sue FDA for taking drugs off shortage list

October 8, 2024 | Bloomberg News

The plaintiffs allege that the shortage of Lilly’s drugs isn’t actually over, and that the agency’s decision deprives patients of important medicines by restricting compounding.

Eskenazi Health lands $10M gift from Lilly Endowment for internships to college students with physical disabilities

October 7, 2024 | John Russell

The gift will fund operations at Gregory S. Fehribach Center at Eskenazi Health for the next five years and also create an endowment for future funding.

Editorial: Lilly’s latest investment in Lebanon boosts research work in Indiana

October 4, 2024

We believe the new facility—and Lilly’s broader investments in Lebanon—help maintain Indiana as a leader of advanced manufacturing while also making it known as a state where important health care innovation is happening.

Lilly to invest another $4.5B in Lebanon site for new ‘medicine foundry’

October 2, 2024 | John Russell and Mickey Shuey and Cate Charron

The new funding, for an advanced manufacturing and drug development center, will bring the Indianapolis-based drugmaker’s total investment in the Boone County site to more than $13 billion.

Roche has more than five weight-loss companion medicines, CEO says

October 1, 2024 | Bloomberg News

The the Swiss drugmaker will face off in the obesity area with leaders Novo Nordisk A/S and Indianapolis-based Eli Lilly and Co.

Carmel software firm waging legal battle over its core product

September 27, 2024 | Susan Orr

Carmel-based Max Minds LLC is embroiled in a multimillion-dollar legal battle over the company’s core product—an online meeting platform called Alleo.

Mike Dodd: Why Indiana companies should do business in defense

September 27, 2024 | Mike Dodd

The presence of our military installations coupled with Indiana’s great research universities makes our state ripe for innovation and defense-related economic development.

Weight-loss drugs are supposed to be forever … until they run out

September 24, 2024 | The Washington Post

Recurrent shortages, shifting insurance coverage, indecision and a lack of guidance about side effects and dosing have led to challenges for some patients prescribed Mounjaro, Ozempic, Zepbound or Wegovy.

Lilly seeks court ruling that could mean big money for new weight-loss drug

September 23, 2024 | John Russell

The Indianapolis-based drugmaker filed a suit in federal court this month, challenging the U.S. Food and Drug Administration’s ruling that the company’s experimental obesity treatment not a biological product.

Proposed Citizens LEAP pipeline approved for $325M in state loans

September 20, 2024 | Cate Charron

The Indiana Finance Authority approved the loans to support the proposed extension of the Citizens Energy system to provide 25 million gallons of water per day to the LEAP Lebanon Innovation District and surrounding Boone County developments.

IEDC touts record $38.3B in committed investments so far this year

September 19, 2024 | Alex Brown, Inside INdiana Business

The IEDC said the investments include commitments to create more than 13,000 jobs with an average wage of $37.31 per hour—or about $77,604 annually.

Carmel-based MBX Biosciences shares jump 48% in Nasdaq debut

September 13, 2024 | IBJ Staff

The five-year-old company is developing treatments for endocrine and metabolic disorders, such as hypoparathyroidism, post-bariatric hypoglycemia and obesity. Its positive reception on Wall Street was seen as an extension of the general enthusiasm for obesity treatments.

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