The move comes three months after a proposed $875 million sale of Cook’s entire reproductive health business to Cooper was called off.
California firm terminates $875M acquisition of Cook Medical unit, FTC says
The Federal Trade Commission said CooperCompanies’ decision to abandon the deal “ensures that critical reproductive health markets remain competitive.”Read More
IBJ Podcast: The ‘surreal’ story behind filming supernatural thriller in West Baden
Host Mason King talks with Cook Group President Pete Yonkman and Pigasus Pictures CEO Zack Spicer about making a movie at—and about—the West Baden Hotel and why Cook Group execs got involved.Read More
Cook Group planning to build 300 homes for employees
Bloomington-based Cook Medical Inc. is hoping to address Indiana’s housing shortage for middle-income families, and it is starting with its own workers.Read More
IBJ Podcast: Group recruits IU athletes to help not-for-profits via NIL deals
Host Mason King talks with Cook Group President Pete Yonkman, an organizer of Hoosiers for Good, and the new group’s executive director, Tyler Harris, about how they plan to use name, image, likeness rules to pay athletes to endorse causes.Read More
Cook Medical president creates roadmap for neighborhood renewal, calls other business leaders to action
Cook and its neighborhood partners are taking revitalization a step further in the 38th Street and Sheridan Avenue area by collaborating on solutions to fix trouble spots in the area.
The Indy Fresh Market, located at 38th Street and Sheridan Avenue, is expected to bring food, jobs and millions of dollars in investment to the Arlington Woods neighborhood, which is classified as a food desert.
Cook Group, the Bloomington-based maker of medical devices, is being sued by a participant of its 401(k) retirement plan. Cook officials said the company planned to fight the suit.
Juanita Easterling now works for Goodwill of Central & Southern Indiana as the plant manager of Cook Medical’s brand-new $15 million medical manufacturing facility on the northeast side of Indianapolis.
Government and policymakers have a large role to play in addressing the state’s economic challenges. But they can’t do it alone. Nor should we expect them to.
The case was among thousands of complaints filed against Cook that have been consolidated in U.S. District Court in Indianapolis. The number of claims recently topped 10,000, although more than 1,800 claims have been dismissed or otherwise removed.
The medical-device maker is vigorously defending itself against a mountain of lawsuits that claim its inferior vena cava (IVC) filters, designed to catch blood clots, are unsafe.
The reproductive health unit includes products for obstetrics and gynecology, in vitro fertilization and assisted reproductive technology.
The collaboration will explore incorporating “smart fibers” into Cook Medical’s products to facilitate continuous, real-time monitoring of various bodily functions during procedures.
The 14,000-square-foot store—Indy Fresh Market—will be run by two neighborhood entrepreneurs and located in an area that is designated a food desert.
Host Mason King talks with Pete Yonkman, president of Cook Group and Cook Medical, and Ashley Gurvitz, executive director of United Northeast Community Development Corp., about a plan to build a $15 million manufacturing plant in a low-income Indianapolis neighborhood.
Cook has partnered with Goodwill of Central & Southern Indiana and several other community organizations to build the manufacturing facility, which is expected to employ 100 employees on the northeast side of Indianapolis.
The judge vacated a $3 million jury award against Cook Medical, saying a Georgia woman who sued the Bloomington-based device maker “did not have overwhelming evidence” to show the company’s implanted blood-clot filter was defective or caused her injuries.
The spinoff, called Sexton Biotechnologies, has raised $5 million in outside investment and will spin off in October. The biotech develops cell and gene therapy tools used to grow cells for medical purposes.
The Bloomington-based maker of medical devices said Wednesday it would appeal the verdict of a federal jury in Indianapolis, which found the device was defectively designed. More than 4,000 patients have filed lawsuits.
The bill that President Donald Trump signed Monday night to reopen the federal government included a two-year delay in implementing a tax on medical devices, bringing praise from Indiana-based Cook Group.
Medical-device maker Cook Group expects to start work in December on an expansion project as it takes over a former General Electric refrigerator factory in Bloomington.
Nearly 3,000 people have sued the Bloomington-based device maker, claiming the filters malfunctioned, sometimes piercing organs.