Lilly to sell off drug for low blood sugar in deal worth up to $1.1B
Worldwide sales of Baqsimi totaled $139.3 million last year, representing less than 1% of Indianapolis-based Lilly’s worldwide revenue of $28.5 billion.
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IBJ Podcast: Joel Kirk on how Indy became a musical incubator for Broadway
Kirk tells the origin story of Discovering Broadway and explains how this one-man show—at least until recently—persuaded producers and creators with international reputations to make central Indiana their workshop.
City looks to reduce surface lots while leaving room for commuters
Indianapolis officials want fewer parking lots downtown, reflecting part of a national movement that envisions less reliance on cars, more use of mass transit and a reduction in carbon emissions.
Lawmakers wrangle over workforce initiatives
Employers, lawmakers and business leaders together have crafted legislation that encourages people to stay in high school and pursue postsecondary education or to revisit educational opportunities later in life.
Purdue senior development will bring older alums back to campus
The university, which has 575,000 living alumni, plans to break ground later this year on Varcity at Purdue, a 230,000-square-foot community at the school’s Discovery Park District.
Pearl Jam joins summer concert schedule
Pearl Jam, inducted to the Rock and Roll Hall of Fame in 2017, previously performed in central Indiana in 1991, 1998, 2000, 2003 and 2010.
Cannabis consumption lounge to open in Fountain Square
WildEye Cannabis, dedicated to the consumption of cannabidiols, is scheduled to open Friday in Fountain Square.
21st Century Scholar enrollment, military tax exemption bills head to governor
Lawmakers are still hashing out other proposals to require financial literacy education and decrease health care costs
Homebuilder proposes 220 new houses along 96th Street in Fishers
The 109-acre Flat Fork development would be divided into eastern and western parcels with 96 lots on 46 acres in one section and 124 lots on 59 acres in the other.
State letting AES Indiana discharge toxic water into White River, group says
An Indiana environmental group says the utility is pumping more than 1 million gallons of contaminated water a day into the river from coal ash ponds at its Eagle Valley Generating Station in violation of the federal Clean Water Act.
Westfield-based ag-tech firm Taranis names new CEO
Westfield-based agricultural technology company Taranis Inc. on Tuesday announced the promotion of Opher Flohr to chief executive, succeeding Bar Veinstein.
Elevance Health tops 1Q forecasts on Medicaid growth
Company shares tumbled 5% at the start of trading Wednesday after Elevance also announced an updated 2023 forecast that fell short of Wall Street expectations.
Purdue’s Edey declares for NBA Draft with option to return to school
Zach Edey is the first player in NCAA history to finish a season with at least 750 points, 400 rebounds, 70 blocks and 50 assists in a season, but most projections don’t have him being selected in the first round of the draft.
Southwest grounds flights nationwide due to technical issues
Southwest Airlines said an “intermittent technology issue” led to more than 1,700 flight delays Tuesday morning.
Official: IEDC courting $55B in potential deals for Boone County project
A top official for the Indiana Economic Development Corp. said numerous companies are considering major investments in the planned advanced manufacturing and tech hub in Boone County known as the LEAP District.
Indianapolis Zoological Society awards new prize to Peruvian conservationist
The Emerging Conservationist Award is a new honor affiliated with the Indianapolis Prize, a leading award for animal conservation.
Developer planning $75M residential project along Nickel Plate Trail in Fishers
The Fishers City Council on Monday night approved an economic development plan for the project, which would include apartments, condominiums and townhouses.
Developer proposes 260-acre residential development in Zionsville
The Wild Air development would include would include eight different “block” areas with hundreds of single-family homes, townhouses and apartments, as well as some retail space.
Keystone Sports Review to move to former Birdy’s location
Keystone Sports Review plans to move 15 blocks north this summer to take over the former Birdy’s Bar & Grill. Meanwhile, KSR’s existing site has a new owner that will open another business after KSR relocates.
Indiana Senate budget strips proposed funding for Martin University
Indiana’s only predominately Black university is slated to miss out on a $10 million cash infusion under a budget proposal introduced by Senate Republicans on Friday.