Eli Lilly and Co.’s newest drug is a boon for Alzheimer’s research but is likely to bring the Indianapolis drugmaker less than $100 million in annual sales—at least initially, according to one of the few analysts to make a forecast.
After the recession forced a freeze in its professors’ pay, IU’s flagship Bloomington campus boosted faculty salaries roughly 6 percent this year, vaulting its top professors’ pay past Purdue’s professors.
The agent, called Amyvid, is not expected to produce high-dollar sales for Lilly, but it could help to identify patients with Alzheimer’s—and those without it—earlier, perhaps improving treatment and focusing research efforts.
Georgetown University Associate Provost and Dean Robert L. Manuel will become president of the University of Indianapolis in July, succeeding Beverley J. Pitts, who is retiring after seven years at the school.
Local health care providers won’t find an easy replacement for the grant money supplied by Susan G. Komen for the Cure. That money could be in jeopardy, as grass-roots Komen supporters appear to be sitting out of this year’s Race for the Cure in response to a national controversy over grants to Planned Parenthood.
A Russian timber tycoon who poured millions into a battery maker with Hoosier roots is the new owner of Ener1 Inc. Boris Zingarevich supplied $50 million for Ener1’s March 30 exit from bankruptcy and is moving its headquarters from New York to Indianapolis—already home to its core subsidiary, EnerDel.
In a recent New York Times column, Gail Collins observed “the thing that makes our current politics particularly awful isn’t procedural. It’s that the Republican Party has become over-the-top extreme.” She left out “mean-spirited and patriarchal.”
The city’s public radio and television stations are more than holding their own, even as their commercial brethren continue to suffer from a now-5-year-old economic swoon.
As our devices become more aware of our travels, our preferences, our contacts, our messages, our photographs and even our dexterity, the line between convenience and spying is crossed without us even being aware of it.
In the midst of Mega Millions mania, statisticians were telling would-be bettors that the odds of winning the big jackpot were far lower than the odds of being struck by lighting.
Despite objections from unsecured creditors, a federal bankruptcy judge granted the jeweler's request to hire an outside consultant to help it seek alternative financing to repay the balance of a PNC Bank loan.
The zoo said the parking fees it collected on Super Bowl Sunday and the days leading up to the February game have been sent to the Tarangire Elephant Project in Tanzania.
MyJibe co-founder Mike Langellier is among a new generation of tech entrepreneurs in the Indianapolis area that benefits from a host of support their predecessors never enjoyed.
Like many Senate Republicans who have spent a few decades in Washington, U.S. Sen. Richard Lugar was for the individual health care mandate before he was against it. Two decades later, the policy is a near heretical stance among the party’s conservative base, and it threatens to derail Lugar’s reelection bid.
High-tech firms have been clamoring for a couple of decades for nonstop flights between Indianapolis International Airport and California’s Silicon Valley. One of Indiana’s tech icons made it clear recently that the need is as urgent as ever.
