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Articles

Ethanol’s future clouded by potential loss of tax breaks

November 18, 2010

The fortunes of Indiana’s 12 ethanol plants, and the farmers and truckers who supply the corn to make the motor fuel additive, hinge on two decisions facing Congress and federal regulators in the weeks ahead.

LOU’S VIEWS: Art-felt thanks

November 24, 2010

The ISO opened with "A Thanksgiving Overture" — which inspired me to offer my thoughts on what I'm thankful for in the world of Indianapolis arts.

IU tries new tack in online education

December 2, 2010

Traditional colleges like Indiana University know they must shift to more online learning options or else lose students to upstart competitors using digital technology to offer college curriculum at greater convenience.

Big Ten blows call on division names

December 14, 2010

Commissioner's logic on new divisions names is hard to follow.

D-A Lubricant moving from Indianapolis to Lebanon

January 5, 2011

Company will purchase 23 acres and have Duke Realty Corp. build a 225,000-square-foot industrial facility in Lebanon Business Park. The move should be completed by December.

Purdue professor says ethanol consumption has its limits

January 6, 2011

Current infrastructure for delivering the alternative fuel isn’t adequate to use all that the federal government says must be produced.

IndyCar Series, Speedway open Hollywood area office

January 11, 2011

Open-wheel series hires staffer, opens office to bring IndyCar to big and small screens.

Review: Liza at the Hilbert

January 13, 2011

The famed singer brought her A-game to Wednesday’s concert with the ISO.

LOU’S VIEWS: Many are talented, but few are stars … what makes the difference?

January 20, 2011

As someone addicted to the arts, I’ve seen a lot of talent on stage. Every once in a while, though, I see star power.

DINING: Come, sit, eat with Donatello’s Italian family

January 20, 2011

Located just west of Range Line Road in Carmel’s Art & Design District, Donatello’s Italian Restaurant is a true family affair.

EARLY: Parties should go back to conventions

February 4, 2011

You can buy name ID (it’s expensive), but no one has figured out how to buy elected delegates.

Company news

February 8, 2011

Indiana University has created the Indiana Institute for Personalized Medicine, with $11.25 million in funding from its School of Medicine, its IUPUI campus, the Indiana Physician Scientist Initiative and the Melvin and Bren Simon Cancer Center. The newly created institute will conduct research and work to develop tools that help health care providers select the best medicines for patients based on their genetic traits. “Much of the future of health care is in personalized medicine, meaning more precise targeting of the right medication to the right patient at the right time,” said Dr. David Flockhart, an IU professor of cancer epidemiology and genetics who has been named director of the institute.

Eli Lilly and Co. and the Juvenile Diabetes Research Foundation have agreed to to spend $1.4 million over three years to fund the research at University of Geneva that could help patients with type 1 diabetes to regenerate insulin-producing cells destroyed by the disease. Previous research by Geneva’s Pedro Herrera showed the possibility of converting pancreas cells that do not produce insulin into insulin-producing cells—and to do so without genetic manipulation. Researchers at Indianapolis-based Lilly will now collaborate with Herrera to find potential targets in the pancreas that when exposed to a drug would induce this cell conversion. Lilly hopes to be able to then develop drugs that could treat type 1 diabetes and, perhaps, eliminate the need for insulin therapy.

Endocyte Inc. went public on Friday, selling 12.5 million shares at $6 apiece. The price has since risen to about $7.30. The West Lafayette-based drug-development company twice cut the price of its offering last week. It had intended to sell about 5.4 million shares for a range of $13 to $15 apiece. The underwriters of Endocyte’s IPO have an option to buy an additional 1.8 million shares, which could bring Endocyte’s total sale to $86 million. Including the underwriters' options, the company could see proceeds of up to $86.3 million. The company, which has no sales to date, intends to use all the money from the sale to advance development on its experimental drugs. Its lead product candidate, EC145, is a potential cancer treatment. The company hopes to move it into late-stage development as a potential ovarian cancer treatment. Endocyte is trading under the "ECYT" symbol on Nasdaq.

Indianapolis-based Medical Animatics sold some of its assets to Indianapolis-based Harrison College. The deal included three master-level designers, animation equipment and portions of Medical Animatics’ illustration libraries. Harrison, formerly known as the Indiana Business College, intends to use the assets to develop content for its online, on-ground and blended courses. Medical Animatics, which had made instructional courses for health care clients, had helped Harrison design an online medical assisting program, which launched in January. Harrison did not purchase the full agency or its name, and will not assume any of the company’s liabilities. Medical Animatics founder Harlon Wilson said the company is looking to take its work into new markets.

Bioanalytical Systems Inc. swung to a profit in its most recent quarter. The West Lafayette-based provider of pharmaceutical testing equipment and services earned $310,000, or 6 cents per share, in the three months ended Dec. 31. In the same quarter a year ago, the company lost $1.5 million, or 30 cents per share. Revenue for the most recent quarter totaled $8.1 million, a 27-percent increase from a year ago, as pharmaceutical companies renewed their research and development spending. Bioanalytical also trimmed $265,000 in expenses in the past year.

Indianapolis-based Dow AgroSciences boosted its fourth-quarter revenue by 19 percent to $1.3 billion, compared with the same quarter a year ago. Quarterly earnings before interest, taxes, depreciation and amortization also edged up from $69 million to $72 million. Dow Agro’s overhead expenses increased 3 percent during the quarter because of new product launches and commercial activities related to recent seed acquisitions. It also spent 14 percent more on research and development. Dow Agro is a unit of Midland, Mich.-based Dow Chemical Co.
 

FAENZI: Let’s reclaim City Market’s legacy

February 10, 2011

I want City Market to feed both our stomachs and our souls.

MORRIS: Tough love for public education

February 10, 2011

Indiana students as a group have been underperforming and schools as a group have been failing.

Universities, refugees fuel Indiana’s Asian growth

February 16, 2011

That growth has been concentrated in five counties that account for nearly 60 percent of the state's Asian population. Those counties are Allen, Hamilton, Marion, Monroe and Tippecanoe

Rising pump prices rattle drivers, businesses

February 28, 2011

High fuel prices are forcing tough choices on small-business owners who are loathe to charge more for fear of losing cost-conscious customers.

Brazilian Carnaval

March 1, 2011

March 5

The Jazz Kitchen

The best holidays are the ones where what you hear is as important as what you see. That’s particularly true for Mardi Gras, which has its own distinct, celebratory sound. And while we may not have events on par with New Orleans, that’s quite OK. What we do have is a Friday celebration along Mass Ave, tied into First Friday, which includes Brazilian Carnaval at the Athenaeum (featuring High Energy Band and a broadcast from Rio de Janeiro’s Carnaval parade), Jared Thompson and Premium Blend at the Chatterbox, and bead-decorated galleries and stores all along the street. Details here. 

DINING: If you go 2 1 new place 4 pizza …

March 3, 2011

First in a month-long series of reviews of restaurants with numeric names.

“Cabaret”

March 9, 2011

March 11-26

Booth Tarkington Civic Theatre at Marian University

If you think the title song is an affirmation of the joys of life, well, that just means you haven’t seen “Cabaret.” The fascinating 1966 musical (with songs added from the 1972 film) straddles two worlds the way its dancers straddle their wooden chairs. Half of “Cabaret”—including the title song, the opening song “Willkommen” and “The Money Song”—takes place on the stage, in a show within the show, commenting on the action. The rest of the show fits into the standard “characters-break-into-song” musical-theater style. It’s the director’s challenge to blend these two to maximize the power of the show, which tells the harrowing story of an American writer who falls into the orbit of a devil-may-care cabaret performer in 1931 Berlin. Details here.

LOU’S VIEWS: Indy Opera’s ‘Carmen’ shows upside of downsizing

March 17, 2011

When word went out that one of the three Indianapolis Opera presentations this season would be a production of “Carmen,” sans chorus, sans full orchestra, sans biggie-size sets, and sans Clowes Hall stage, it was perfectly understandable that some patrons may have lowered their expectations.

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