Andretti Autosport may expand into NASCAR
Sources close to Indianapolis-based Andretti Autosport say officials for the IndyCar Series team are talking to Dodge executives about putting a team in NASCAR next year.
Sources close to Indianapolis-based Andretti Autosport say officials for the IndyCar Series team are talking to Dodge executives about putting a team in NASCAR next year.
Steak n Shake made a big splash at the International Council of Shopping Centers deal-making convention in Las Vegas as it pushes an aggressive plan to grow via franchising.
Indianapolis moved up two places on the American Fitness Index, but still ranks a lowly 43rd out of 50 large metros. The Index, released Monday by Indianapolis-based American College of Sports Medicine, gave each metro area a score based on their citizens’ preventive health behaviors, levels of chronic disease, access to health care and community resources, as well as policies that support physical activity. The Minneapolis area topped the list for the second year with a score of 76.4, followed by Washington, D.C., Boston and San Francisco. Indianapolis earned just half the points Minneapolis did. It ranked ahead of two of its Midwestern peers—Louisville and Detroit ranked 48 and 49, respectively—but behind most others. Running far ahead of Indianapolis were Pittsburgh (15th), Cincinnati (20th), Nashville (27th), Chicago (28th), Kansas City (29th), Milwaukee (30th), St. Louis (32nd) and Columbus, Ohio (40th). The analysis behind the index is supported by a grant from the Indianapolis-based WellPoint Foundation.
Biological research has been revolutionized over the past decade as large-scale machines have increasingly been replaced by tiny “lab on a chip” devices. Now West Lafayette-based Microfluidic Innovations LLC has developed and manufactured a system to help researchers program their own “lab on a chip” devices for experiments without turning to custom devices. Microfluidic Innovations' system, which was developed by researchers at Purdue University and Indiana University, allow researchers to vary the volumes and ratio of the fluids they mix, incubation and automatic fluid rotation. The chips have so far been used to detect glucose levels, sort particles and study enzyme and other chemical reactions. The small company received a $125,000 grant from the National Institutes of Health to fund its development work.
While sales of Eli Lilly and Co.’s blood thinner Effient have grown recently, so have the looming challenges for the drug. On May 17, the blockbuster Plavix lost its U.S. patent protection, meaning Effient now competes against cheaper generic versions of the drug, made by Bristol-Myers Squibb Co. Then on Monday, staff at the U.S. Food and Drug Administration recommended approval for another competitor, Xarelto, made by New Jersey-based Johnson & Johnson and Germany-based Bayer AG. A further competitor in the suddenly crowded blood thinner space is Brilinta, made by London-based AstraZeneca plc. None of the newer blood thinners are expected to match the $7.09 billion Plavix sold in 2011, reported Bloomberg News, citing Leerink Swann & Co. analyst Seamus Fernandez. He estimates Effient sales will peak in 2017 at $865 million, an increase from $303 million last year. Brilinta may reach $1.77 billion by then.
Roughly 14 million people watched sporting events in Indy from last Thursday to Sunday. Those numbers make it easier to argue that Indy's sports initiatives are worth the expense.
On Sunday, the Indiana Pacers grabbed the attention of a big chunk of the local market, drawing nearly 10 times the television audience they did for their regular-season games.
Husband-and-wife entrepreneurs Randy and Angie Stocklin started Greenwood-based One Click Ventures out of their home with $20,000 in 2005. They now own a portfolio of niche retail websites, including SunglassWarehouse.com, HandbagHeaven.com and Scarves.net, which brought $5.3 million in revenue last year.
Indiana has taken “a giant step backward” in the availability of early-stage capital for life sciences companies, according to the Indiana Health Industry Forum—which also has a few ideas on how to reverse that development. The Indianapolis-based trade association unveiled a five-year strategy earlier this month, with a heavy focus on how to make more […]
Eli Lilly and other big pharmaceutical companies are creating thousands of research jobs overseas as countries led by Singapore, Ireland and South Africa boost incentives.
“Coming Apart” is about the gradual slip of the American Dream from possibility to impossibility.
City Securities co-chairman still dispenses wisdom accumulated over a career touching on everything from baseball to folding doors.
Indiana has taken “a giant step backward” in the availability of early-stage capital for life sciences companies, according to the Indiana Health Industry Forum—which also has a few ideas on how to reverse those developments.
Treatments for central nervous system diseases have a huge potential payoff, analysts say. A hint of whether the gamble may pay off is due in the second half of this year, as Eli Lilly and Co. and Pfizer Inc. announce results for Alzheimer’s drugs that attack the same protein as Roche’s experimental drug.
The Mind Trust—an organization that proclaims to support entrepreneurial education initiatives, [and] unannounced and ignoring a well-established charter school evaluation process—feels compelled to play the roles of judge, jury and executioner.
Most technology firm startups are birthed by men in their 20s and 30s who have a background in computer science. To what degree women are underrepresented in the ranks of tech entrepreneurs is hard to quantify, but it’s a small universe.
Like many states, Indiana faces a critical need to retrain and, in some cases, re-career adults over age 35.
Officials consider expanding facility that got off to a slow start but began filling up last fall.
Despite fierce opposition, some politicians are finally speaking out to say they are in favor of marriage and equal rights for gay citizens.
Nearly two years after federal agents raided furniture maker University Loft Co.’s Hancock County plant, the once-fast-growing firm is seeing business bounce back.
With its shares trading up more than 60 percent from the doldrums of last fall, Calumet Specialty Products Partners rolled out plans to sell another 6 million shares of stock, raising more than $150 million.
But major Indianapolis-area hospitals still prefer personal referrals