Dow Agro in legal skirmish over canola oil
Indianapolis-based Dow AgroSciences LLC has sued Cooper Industries Plc in an effort to clarify its rights to make a canola-based
fluid used in electrical transformers.
Indianapolis-based Dow AgroSciences LLC has sued Cooper Industries Plc in an effort to clarify its rights to make a canola-based
fluid used in electrical transformers.
Roche Diagnostics Corp. named a new CEO Tuesday for its North American operations, which are headquartered
in Indianapolis. Jack Phillips, currently head of commercial operations for North America and Japan at Roche subsidiary Ventana
Medical Systems, takes the reins from Michael Tillmann, who resigned on Friday. Tillmann had been in the job 18 months, but
Roche continued to lose market share in its diabetes business. Phillips is the third North American CEO for Roche Diagnostics
in less than two years.
Republican U.S. Sen. Richard Lugar requested Indiana’s attorney general to conduct
a legal analysis of the Senate health insurance proposal, according to the Associated Press. Attorney General Greg Zoeller
will examine the constitutionality of parts of the federal health care bill, including the so-called Nebraska compromise that
would give Nebraska funding for expanded Medicaid obligations. Indiana law gives the attorney general authority to review
proposed federal legislation for any of the state’s U.S. senators or representatives. Zoeller said he’ll provide a report
to Indiana’s congressional delegation by the time Congress starts House-Senate conference committee negotiations.
The long-term impact of health care reform is uncertain, but many analysts are expecting big health insurers like Indianapolis-based
WellPoint Inc. to benefit in 2010, according to the Associated Press. WellPoint, which insures more Americans
than any of its peers, has seen its stock price surge 10 percent in 2010. "As the health care reform
debate diminishes, we believe investors will continue their recent return to managed care stocks
in the first half of 2010 with a large-cap bias," Thomas Carroll, an analyst at Stifel Nicolaus
& Co., told investors.
Witham Health Services wants Boone County officials
to support a $35 million bond issue that the Lebanon-based hospital said could save it millions in interest
payments. Witham wants to use about $21 million to refinance a 95,000-square-foot medical office building in Lebanon
that it opened in September. Interest rates on bonds are lower now than when Witham began that project in mid-2007. Witham
would use the rest of the money, about $15 million, to purchase land in the Anson development near Zionsville, on which Witham
opened a free-standing emergency room in October. The 43,000-square-foot structure features cutting-edge imaging equipment
for open-sided magnetic-resonance imaging exams and high-resolution CT scans. It also includes office space for family and
specialist physicians.
The City of Evansville hired Maryland-based Meritain Health to manage its self-funded insurance
plan. The new city health plan will feature the Welborn Health Plan’s Dual Option Product, which gives members access
to both Deaconess and St. Mary’s hospitals, instead of only one as before. Meritain Health administers health plans
for more than 80,000 members in the greater Evansville tri-state area.
Indianapolis health care heavyweights are among those spending $635 million, employing 166 former aides to key congressional
leaders and committees in health reform process.
Mathematica Policy Research, which last studied Indiana in 2004, will now examine Healthy Indiana Plan.
A proposed revamping of Indiana’s teacher licensing standards that would reduce the amount of required courses on how to teach
drew sharp criticism from educators Monday, with one teacher at the last of three public hearings on the plan calling it a
“slap in the face.”
General Motors Co. will announce later this week that it will draw from its government funding to pay the cost of buying a
chunk of troubled parts supplier Delphi Corp., a person briefed on the company’s finances said Wednesday.
File-hosting firm is launching new security software that could set it apart in a crowded field.
Auto parts supplier Delphi finally exited bankruptcy protection on Tuesday nearly four years to the day it filed for Chapter
11.
The state Department of Education has scheduled three public hearings on a contentious proposal to revamp Indiana’s teacher
licensing requirements. State schools Superintendent Tony Bennett wants to eliminate some requirements, saying teachers spend
too much time learning teaching methods and not enough on subject matter.
An Indy Partnership official departed for Germany yesterday on a trade mission promoting economic development opportunities
in the 10-county Indianapolis area.
NCAA President Myles Brand has died at age 67 after a struggle with pancreatic cancer. Brand took the post in January 2003
after serving as president of Indiana University.
Authorities say socialite Dina Wein Reis’ success was the result of an elaborate scam in which she tricked large corporations—including
Indianapolis-based Roche Diagnostics Corp.—into selling her millions of dollars worth of goods at a fraction of the
regular price for use in nonexistent promotions. She then resold the products at a hefty profit.
Indianapolis-based Dow AgroSciences LLC will have a new CEO after its parent organization moves Jerome Peribere into a new
position, the company announced today. Antonio Galindez, 54, vice president of Dow AgroSciences’ crops business, will step
into the top job.
Indianapolis-based Dow AgroSciences LLC will have a new CEO after its parent organization moves Jerome Peribere into a new
position, the company announced today.
The pharmaceutical industry—which for two decades has given twice as much in campaign donations
to Republicans as Democrats—organized a panel composed mostly of Democrats this month in Indianapolis
to argue its position on health care reform.
Health care reform is making for odd bedfellows. The pharmaceutical industry – which for two decades has given twice as much in campaign donations to Republicans as Democrats – organized a panel composed mostly of Democrats on Tuesday in Indianapolis to argue its position on health care reform. Former Democratic House Majority Leader Richard Gephardt […]
Carmel-based mobile marketer Tetherball has deployed a program using
a radio frequency identification device that can measure in detail to what extent customers redeem loyalty and rewards offers.
The Indiana Minority Supplier Development Council has made life sciences companies its latest target—part of an even larger effort to attract minorities to the burgeoning life sciences industry under
way on a national scale.
Somewhere out there, a pimply teen-ager is texting away on her phone and working up an appetite for a Brownie Batter Blizzard. The 11-store Dairy Queen franchise owned by Dave Reasner knows this kid has shunned burger and chili-dog offers in the past. But on certain days of the week, she craves Blizzards more than […]