A federal judge in Indianapolis refused to throw out wiretap evidence in the $200 million fraud trial of former Indiana businessman Tim Durham as the government outlined a case largely based on those recordings.
CIB and city tourism leaders say that the money was well spent considering the game could translate to $300 million in direct visitor spending over the next several years.
Dr. Philip Dulberger was named CEO of Indiana University Health Quality Partners, a statewide network of more than 2,000 doctors committed to providing clinically integrated care according to evidence-based standards of quality. Dulberger has been CEO of the IU Health Saxony hospital in Fishers since it opened late last year. He now will hand those duties to Jonathan Goble, CEO of the IU Health North hospital in Carmel. Dulberger holds a bachelor’s degree from Wabash College and did his medical training at the IU School of Medicine.
Hall Render Killian Heath & Lyman PC added Caryn Kaufman as an associate attorney in its Indianapolis office. Kaufman’s practice focuses on health information technology. She previously worked as an attorney for IBM. Kaufman earned a bachelor’s degree from Miami University and a law degree from The Ohio State University.
Indianapolis-based iSalus Healthcare, a maker of electronic medical record systems, named three new executives. Dr. Chuck Dietzen, founder of the not-for-profit Timmy Global Health, is now chief medical officer of the company. iSalus also hired Randy Kidd and John Brady, the co-founders of Stratice Healthcare, an Indianapolis-based company trying to develop systems to allow electronic prescribing for durable medical equipment. Kidd is now iSalus’ chief information officer; Brady is iSalus’ chief marketing officer.
Benefits firm FirstPerson has hired four new people. Tina Deitrick and Ryan Miller have joined the Indianapolis-based firm as account managers. FirstPerson also added Scott Barrett as an analyst and Mary Poole as a client relations coordinator.
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 $3.8 billion that Indiana netted in 2006 from leasing the Indiana Toll Road to a foreign consortium will be mostly spent or allocated by the time the state’s next governor takes office in January
The Indianapolis-based digital textbook company Courseload completed a new round of fundraising in April that its CEO says gives the company the cash it needs to keep landing new university customers in what has become a fast-growing but hyper-competitive field.
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.
Without Sen. Richard Lugar, we might not have the Pacers.
As I flipped back and forth between channels on the night of May 8, the irony of Sen. Richard Lugar’s losing the Republican primary as the Indiana Pacers were registering their biggest victory in seven years was inescapable. Because without Lugar we might not have the Pacers. Yes, Mayor Bill Hudnut collected most of the […]
Dick Lugar inspired good people and whetted their appetite for public service.
Officials consider expanding facility that got off to a slow start but began filling up last fall.
But major Indianapolis-area hospitals still prefer personal referrals
Proponents of such policies say they are the future of work—even as they acknowledge that it may take a generation for them to be widely accepted. Some workers, however, are fearful.
Bonnie Raitt takes over Clowes Hall May 16. Marc Cohn opens the show. Details here.
The Nashville Symphony performs Brahms and Rachmaninoff at the Palladium May 10. Details here.
Daughtry performs at the Egyptian Room at Old National Center on May 10. Details here.
Andres Cardenes, former concertmaster for the Pittsburgh Symphony, teams up with the Indianapolis Chamber Orchestra for a concert of Prokofiev and Haydn May 12. Details here.
Erykah Badu and Chris Thomas team up for a May 11 “Jokes and James” concert at the Murat Theatre. Details here.
Hot comic Aziz Ansari performs at the Murat Theatre May 12. Details here.
TV foodie Ted Allen shares recipes at a Carmel Clay Public Library fundraiser May 11 at the Ritz Charles. Details here.
On May 16, the Max Allen Band relaunches the monthly Summer Sounds Concert Series at the Indiana State Museum. Details here.
Actors Sam Fain and Michael and Frank Shelton team up for “An Evening of Bob Dylan” at the Hidden Door Theatre in Greenfield May 10-12. Details here.
A major lender to Arcadia Resources Inc. has moved to foreclose on the struggling Indianapolis-based business, which in turn agreed to cease operations. Arcadia reported the foreclosure agreement with Dallas-based Comerica Bank, which Arcadia owed $11 million, in a May 3 filing to the Securities and Exchange Commission. The closing represents the probable final fall for the once-promising health care company. Just two years ago, the company announced a huge expansion that it expected would add 930 jobs in Indiana by 2013. In order to satisfy a debt to one of its suppliers, Arcadia completed the sale of its DailyMed pharmacy business in February to a subsidiary of Illinois-based Walgreen Co. for just $2 million. That left Arcadia with its home health care and medical staffing businesses, which were being funded by an $11 million line of credit from Comerica. Arcadia already had drawn on the entire line of credit, which came due on April 30. The company owed about $30 million to three private equity firms that likely will not be repaid. The company had less than $1 million in assets, according to the SEC filing. In the nine months ended Dec. 31, Arcadia had $61.5 million in revenue and posted a loss of $13.5 million.
Eli Lilly and Co., Pfizer Inc. and AstraZeneca plc will contribute two dozen failed compounds to launch a new $20 million program in which government-sponsored scientists will see if the compounds show promise against other diseases than the ones for which they were first tested. If they do, it could help the drugmakers, which will still own the compounds, to bring them to market faster. The academic researchers would share in the profits of any drugs that make it to market. The program, kicked off May 3 by the National Institutes of Health, hopes to add more compounds soon. “It’s an opportunity to get more value out of our molecules,” said Jan Lundberg, president of Lilly Research Laboratories in Indianapolis. “Instead of parking them, we can let the academic community and NIH continue the testing to see if they have a significant benefit that we actually don’t know of today.”
A researcher at the Indiana University School of Medicine got national attention for his study suggesting that Tasers wielded by police can induce fatal heart attacks. Dr. Doulas Zipes, an emeritus professor of cardiology at the IU med school, found that in eight healthy men who became unconscious after being stunned by a Taser, six developed abnormal heart rhythms. All eight of the men, who ranged in age from 16 to 48, lost consciousness after receiving the shock; seven of them died. “This study doesn’t say that we should abandon using Taser devices, but it does show that users should exercise caution, avoid chest shocks and monitor the person after shock to ensure there are no adverse reactions,” Zipes said after his study was published in the journal Circulation. The results of Zipes' study were covered by USA Today, the New York Times and CBS News. A spokesman for Arizona-based Taser International Inc. told USA Today that the small number of cases in Zipes' study are not enough to draw broad conclusions. "There have been 3 million uses of Taser devices worldwide, with this case series reporting eight of concern," said Steve Tuttle, who also noted that Zipes has testified against Taser as an expert witness in legal cases brought against the company. "This article does not support a cause-effect association and fails to accurately evaluate the risks versus the benefits of the thousands of lives saved by police with Taser devices," Tuttle told the newspaper.
Authorities have made arrests in the 2010 theft of about $80 million in Eli Lilly and Co. prescription drugs from a Connecticut warehouse, according to the Associated Press. Two Cuban brothers were arrested in Florida and charged with helping steal the pharmaceuticals, including Lilly’s drugs Prozac and Zyprexa. The thieves broke into the Enfield warehouse of Indianapolis-based pharmaceutical giant Lilly in March 2010 and stole enough pills to fill a tractor-trailer. The drugs were believed to be destined for the black market, perhaps overseas. After cutting a hole in the roof of the industrial park warehouse, they lowered themselves to the floor, disabled the alarms and spent at least an hour loading pallets of antidepressants and other drugs into a vehicle at the loading dock, authorities said. Lilly plans to destroy the medicines once they are no longer needed as evidence.
Indianapolis-based HealthNet Inc. received a $155,000 grant from the U.S. Department of Health & Human Services to renovate its Fountain Square facility to accommodate 1,150 more patient visits each year. HealthNet will use the money to turn a office space and a medical records storage area into three patient exam rooms. The center already handles more than 35,000 patient visits each year. The money is part of a series of grants to community health centers across the country. The funds were made available as part of the 2010 Patient Protection & Affordable Care Act. HealthNet operates 10 community health centers in the Indianapolis area.
It's been a tough week for Indiana traditions. Jim Nabors won't be at the Indy 500, the IU-UK match-up has been scrubbed and the 500 field of 33 may be minus one for the first time since 1934. Is the sky falling? Maybe not, but it sure feels like it to us Hoosiers.
Indianapolis-based upstart CoatChex is preparing the launch of an iPad-based, ticketless coat-check system for bars through which a patron enters his phone number to check a coat and, later, to retrieve it.
Simon Property Group Inc. this year joined the Standard & Poor’s 100 Index, a listing of the nation’s largest and most established companies including Apple, Coca-Cola and McDonald’s. The Indianapolis-based company is the only real estate company on the list and is now the largest real estate company in the world.
