Lilly’s Zyprexa injection probed by FDA after deaths
Eli Lilly and Co.’s injectable form of the antipsychotic Zyprexa is being investigated by U.S. regulators after two patients died three to four days after receiving the drug.
Eli Lilly and Co.’s injectable form of the antipsychotic Zyprexa is being investigated by U.S. regulators after two patients died three to four days after receiving the drug.
Drug companies like Eli Lilly and Co. can be sued for paying rivals to delay low-cost versions of popular medicines, the U.S. Supreme Court said in a decision that rewrites the rules governing the release of generic drugs.
Eli Lilly and Co. will pay Canadian drug developer Transition Therapeutics Inc. $7 million and take over the development of a potential diabetes treatment heading into mid-stage clinical testing. According to the Associated Press, Transition said Monday it also could receive up to $240 million in additional payments, plus royalties, if the treatment is eventually approved and sold. It also will pay Indianapolis-based Lilly $14 million in three installments during the mid-stage study. The drug, labeled TT-401, is being developed to treat the most common form of diabetes, type 2, and accompanying obesity. Demand for drugs that treat diabetes is climbing as rising instances of obesity are causing an explosion of diabetes cases globally.
The Indiana University School of Medicine won a $1 million grant from the American Medical Association to launch a virtual health system curriculum for training medical students. The med school is one of 11 grant recipients. IU will use a teaching version of an electronic medical record system to help students use huge quantities of data to make clinical decisions, as well as to monitor the cost of their decisions. Medical school officials said the virtual health system curriculum will be better suited to the changing health care environment its students will encounter after graduation.
Starting July 1, a new state law will allow pharmacists to administer vaccinations for pneumonia, tetanus, diphtheria, acellular pertussis, HPV infections and meningitis, according to The Statehouse File news service. Currently, the only immunizations pharmacists can administer are flu shots. Pharmacists must continue to perform immunizations under physician-monitored guidelines. More than 40 states allow pharmacists to provide immunizations, although requirements for education and oversight vary. In Indiana, pharmacists must undergo immunization training. Already, the state has more than 2,700 pharmacists trained to provide the shots and several hundred new ones are added annually.
NFL fans won’t be carrying much into games this season, unless it fits inside a clutch or a zip-lock bag. The NFL revealed a new security policy on Thursday that bans all bags except clear plastic bags that do not exceed approximately a square foot, or small clutch purses or other handheld bags that are roughly the size of your hand. Seat cushions will also be banned this year. According to the NFL, the new policy will increase security and speed up entrance into the stadium. The Indianapolis Colts have announced that they will be complying with the new security measures.
The state's corporate-friendly environmental policies aside, Indianapolis Power and Light Co.’s parent chose the city as its new center for U.S. operations largely because of the utility's billion-dollar upgrades.
Carmel-based Mainstreet Property Group has built 13 nursing homes in Indiana and Illinois since 2008. Six of the dozen Indiana properties benefited from municipal-backed credit or tax breaks, and a seventh received a reduced-impact fee. Mainstreet also received $345,000 in state economic incentives.
Preservation group Indiana Landmarks kicked off the public portion of its $25 million capital and endowment campaign Thursday evening, entering the homestretch of a fundraising effort that began in 2010.
Sometimes, the more we learn, the more complicated things get.
Carmel’s Arts & Design district has grown to represent nine galleries. It’s Second Saturday walk has grown into a popular social event.
We’ve heard the lament for years: Center Township is home to Indianapolis’ greatest concentration of institutions that pay no property taxes.
AES Corp., based in Arlington, Va., has been considering Indianapolis as the hub for a new shared-services center, and is planning a major economic development announcement in the city on Friday.
At least three other companies pursued the Indianapolis digital marketer amid its courtship with San Francisco-based Salesforce.com, which led to a $2.5 billion buyout announced June 4.
For a bunch of computer nerds, ExactTarget certainly had a lot of suitors. At least three other companies pursued the Indianapolis digital marketer amid its courtship with San Francisco-based Salesforce.com, which led to a $2.5 billion buyout announced June 4. A U.S. Securities Exchange Commission filing Wednesday details a bidding war in which Salesforce had […]
Angie’s List turned a profit for the first time in nearly two decades.
This week, basketball and football pros hit the diamond and the undead overrun the Indiana Historical Society
The USA Cricket Association, a group that Indianapolis Mayor Greg Ballard hopes will bring high-level competition to a new $6 million local sports park, staged zero national tournaments in 2012.
Affiliates of Planned Parenthood in Indiana and Kentucky plan to merge on July 1 in an effort to pool resources, meet the challenges of the changing health care landscape, and potentially expand their reproductive-health services. The new not-for-profit is expected to be named Planned Parenthood of Indiana and Kentucky—or PPINK—and continue to operate the 28 existing health centers, with 26 of those in Indiana. Three of those Indiana centers perform abortions, but the Kentucky centers do not. The group will be based in Indianapolis, and employ 190 people in its health centers and administrative office. Betty Cockrum, president and CEO of the Indiana organization, will serve in the same role for the merged group. Mergers are common among the Planned Parenthood affiliates, according to the organization. At one time, the national Planned Parenthood family had more than 200 affiliates; there are now just 73. PPIN merged multiple times to become a statewide affiliate in 2004.
Indiana University Health has agreed to sell its eight occupational health clinics to a California-based chain that specializes in Workers' Compensation cases. US HealthWorks Medical Group, which already operates nearly 200 clinics in 17 states, agreed in May to acquire the eight clinics from IU Health, the largest hospital system in Indiana. The deal is expected to close before July. Neither entity disclosed the purchase price. US HealthWorks has offered jobs to 126 of the clinics' 149 workers. IU Health, which will maintain a role in serving clinic patients, has offered positions to 20 of those not hired by US HealthWorks and is working to place the remaining workers. US HealthWorks has been expanding rapidly even as the number of workers' comp cases trends down nationally. US HealthWorks operates occupational health clinics in Elkhart, Goshen, Muncie and Warsaw.
Franciscan St. Francis Health will close two After-Hours Clinics on the south side of Indianapolis at month’s end. The hospital system offered no explanation for the closures. It noted that it will keep operating a third After-Hours Clinic in Mooresville, and also will maintain two other immediate care clinics in the southern suburbs of Indianapolis. The clinics that will close are in Beech Grove at 2030 Churchman Ave. and near Franciscan’s Indianapolis hospital at 7855 S. Emerson Ave.
The state of Indiana plans to spend $37 million more each year reimbursing health care providers who treat Medicaid patients, partially reversing a 5-percent rate cut the state adopted in 2010 while struggling through the impacts of the national recession. A spokeswoman for Gov. Mike Pence said the increase would amount to 2 percent more for hospitals, nursing facilities, home health and immediate care providers. Cuts in how much the state Medicaid plan pays for dental, vision, medical transportation and other areas will be fully restored. The Legislature paid for the increased rates in their recently passed, $30 billion biennial budget.
Marian University in Indianapolis has announced it has reached its limit of 162 students for the incoming class of its new College of Osteopathic Medicine. School officials said they have received tuition deposits from 162 applicants. They say those students can still pursue their education elsewhere, but the school has a waiting list. They said they are confident they can fill any vacancies that arise.
The Indiana Blood Center is streamlining its blood mobile operations, closing a donor center and taking other cost-cutting measures in response to shrinking revenue from hospitals. The not-for-profit blood center announced June 4 that demand from hospitals has fallen 24 percent over the past year. That is forcing it to take steps that also include freezing management salaries, eliminating 45 positions, and discontinuing a therapeutic phlebotomy program. The blood center supplies more than 60 Indiana hospitals. It is funded by fees it charges those facilities to recruit donors and collect, test, process, label, store and distribute blood.
Shares of the California-based cloud computing giant continue to lag after last week’s announcement of its $2.5 billion offer for Indy-based marketing powerhouse ExactTarget.