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4,410 results for '\"eli lilly\"'

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Articles

Indiana House speaker questions immigration crackdown

April 8, 2011

Indiana's Republican House speaker said Thursday he had concerns about aspects of a proposal calling for an Arizona-style crackdown on illegal immigration moving through the Legislature.

Dorson on leave amid fallout with executive committee

April 14, 2011

Roland Dorson, president of the Greater Indianapolis Chamber of Commerce, has had a falling out with the group’s executive committee and has gone on leave from the organization.

Unusual North of South deal leaves taxpayers vulnerable

April 14, 2011

The $156 million North of South project is a complicated, risky and potentially transformative bet on downtown.

Company news

April 15, 2011

Physicians, dentists, nurses, veterinarians, pharmacists and other medical workers would have to undergo a criminal background check when applying for a new state license under a bill approved Tuesday by an Indiana House of Representatives committee, according to the Associated Press. The House Public Health Committee voted 7-1 in favor of the bill, which would permit state boards to suspend, deny or revoke the licenses of people with criminal offenses determined to affect the person's ability to perform their duties. The Senate already has approved a version of the bill, which also would allow state boards to randomly select some seeking license renewals for criminal checks. Nearly 200,000 people are currently licensed or certified in one of the 20 professions specified in the bill. The bill allows action against a person's license if they've been convicted of various offenses, including illegal drug possession, fraudulently obtaining a controlled substance and sex crimes.

After two setbacks in the United States, Eli Lilly and Co. and Amylin Pharmaceuticals Inc. won the backing of European Union regulators for Bydureon, their once-weekly diabetes medicine. The London-based European Medicines Agency recommended Bydureon for approval in adults with Type 2 diabetes, according to a statement from the companies. The drug still must receive final approval from the European Commission. Bydureon is a long-acting version of Byetta, the twice-daily drug introduced by Indianapolis-based Lilly and San Diego-based Amylin in 2005. But Byetta has been losing sales to Denmark-based Novo Nordisk A/S's once-daily version of the medicine, Victoza, which has also been shown to be slightly more effective at reducing patients’ blood-sugar levels than Bydureon in a clinical trial. Lilly and Amylin had hoped to get Byrdureon approved a year ago. But the U.S. Food and Drug Administration delayed a decision in the spring and then in October demanded a new study of Bydureon’s effects on patients’ hearts. Lilly and Amylin expect to resubmit Bydureon to the FDA in the second half of this year. Analysts expect sales of Bydureon to top $1 billion a year and perhaps even approach $2 billion. Byetta had sales last year of $710 million, while Victoza rang up $450 million.

Indianapolis-based NICO Corp. won approval to sell its Myriad surgical device in Europe, the company reported last week. NICO can now sell its minimally invasive brain-tumor-removal device in the 27 countries that constitute the European Union. The Myriad device has been for sale in the United States since 2009 and has been used in more than 1,000 procedures, involving both adults and children. About 2 million people worldwide are diagnosed each year with a brain tumor.

FDA wants further testing of Lilly pancreas drug

April 16, 2011

Eli Lilly and Co. Inc. said Friday that the FDA has asked the drugmaker to conduct another clinical trial of its proposed pancreas drug before it resubmits an application to have the drug approved for sale.

Charges drive down first-quarter profit at Lilly

April 18, 2011

First-quarter profit fell at Eli Lilly and Co. as the company recorded restructuring charges due to its downsizing and higher research costs as it tries to develop new drugs to help it shrug off its looming patent expirations.

Lilly shares falter after quarterly earnings report

April 18, 2011

Eli Lilly and Co.’s first-quarter profit beat the expectations of Wall Street analysts, but its stock price slipped anyway Monday morning, along with the broader market.

Analysts demand news on next Lilly blockbuster

April 18, 2011

Eli Lilly and Co. spends a lot of time these days telling the rest of the story—how well it’s doing in areas not connected to highly lucrative drugs about to see their patents expire. But for the most part, investors and analysts just want to know when the next blockbuster will be coming.

Lilly shareholders fail to remove anti-takeover measures

April 18, 2011

A proposal that would have weakened Eli Lilly and Co.’s defenses against an unwanted takeover failed to pass Monday despite a large majority of shareholders voting to remove those barriers for the second straight year.

Lilly gives $1M toward Marian medical school

April 19, 2011

Marian University needs to raise $120 million for its medical school and nursing programs. So far, the Catholic institution has raised $81 million.

EDITORIAL: Township reform must not fail again

April 21, 2011

With property tax caps putting the squeeze on budgets, it’s foolhardy for townships to be sitting on millions that could be funding needed services.

Company news

April 25, 2011

Bedford Regional Medical Center will receive a $46.8 million community facility direct loan from the U.S. Department of Agriculture to construct a new critical access hospital, according to an announcement from U.S. Sen. Dick Lugar’s office. Bedford Regional is owned by Indianapolis-based Indiana University Health, and is one of two hospitals in the southern Indiana town.

Indiana University Health ranked as the fourth-busiest transplant center in the nation, according to new data from the U.S. Organ Procurement and Transplantation Network. The Indianapolis-based hospital network performed 500 organ transplants last year, an uptick from 483 transplants in 2009. In three categories—intestine, pancreas and kidney-pancreas—IU Health ranked No. 1in the nation for volume of transplants. IU Health also ranked third in abdominal organ transplants, sixth in liver transplants, and ninth in kidney transplants. IU Health, formerly known as Clarian Health, has ranked as one of the nation’s top 10 busiest transplant centers since 2003.

A proposal that would have weakened Eli Lilly and Co.’s defenses against an unwanted takeover failed to pass April 18 despite a large majority of shareholders voting to remove those barriers for the second straight year. At the drugmaker’s annual shareholders meeting at its Indianapolis headquarters, 84.7 percent of the votes cast called for removing several provisions designed to prevent a hostile takeover of the company. However, Lilly’s bylaws require approval from 80 percent of all shares—whether voted or not—before removing the provisions. By that standard, only 72.6 percent of shares were voted in favor of removal. The vote tallies were nearly identical to those at last year’s meeting. For the past 25 years, Lilly has required the approval of 80 percent of the shareholders not only to approve hostile takeovers, but also to enact measures used to achieve them, such as removing directors before their terms end or expanding the size of the board. If the proposal had passed, such measures could have been approved by a bare majority of shareholders.

Pentagon pulls plug on Rolls-Royce engine project

April 26, 2011

Congress and the General Electric/Rolls-Royce group that was developing the engine were notified of the termination decision Monday. Rolls-Royce had about 130 people, mostly engineers, working on the F-35 project in Plainfield and Indianapolis.

Lilly teams with Medtronic on Parkinson’s treatment

April 26, 2011

Eli Lilly and Co. plans to use an implantable drug-delivery system made by Medtronic Inc. to precisely target patients' brains with an experimental drug for Parkinson’s disease.

Court blocks generic versions of Lilly’s Cymbalta

April 28, 2011

Eli Lilly and Co. said Wednesday that a federal court is blocking low-cost generic versions of Cymbalta from the market until the patents supporting the drug expire.

Who’s Who in Commercial Real Estate – 2011

April 28, 2011

Every business sector has influential players, whether they are in the public eye or wield their influence behind the scenes. IBJ is identifying those people in eight different industry categories. Up this month: commercial real estate.

Should the mayor have control of Indianapolis’ public schools?

April 28, 2011

A group of local power brokers is quietly assembling a plan that would transfer control of Indianapolis Public Schools to the mayor.

Industrial support for utility sale to cost $1.5 million

April 29, 2011

The price to get big industrial firms like Eli Lilly and Co., National Starch and Rolls-Royce Corp. to support the sale of the city’s water and sewer utilities to Citizens Energy Group is at least $1.5 million.

FDA OKs new diabetes pill from Lilly, Boehringer

May 2, 2011

The Food and Drug Administration says it has approved a new diabetes pill from Boehringer Ingelheim and Eli Lilly for patients who can't control their blood sugar with older medicines.

Eli Lilly pledges $2.5 million to Mind Trust

May 5, 2011

Eli Lilly and Co. plans to give $2.5 million toward a new fundraising campaign by the Mind Trust, an Indianapolis-based education reform group.

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