Indiana sues billionaire family behind maker of OxyContin
The Indiana lawsuit was filed Monday against eight members of Sackler family who own Connecticut-based drugmaker Purdue Pharma.
Health Care & Insurance
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State wants to offer $1,000 ‘bridge’ for low-income Hoosiers leaving Medicaid
The Indiana Family & Social Services Administration says the plan is designed to help bridge the transition from the Healthy Indiana Plan to private health insurance, and help pay for premiums, deductibles, co-pays and other costs.
UPDATE: Criminal probe opened into veterans’ agency mismanagement
Marion County Prosecutor Terry Curry confirmed the investigation Tuesday. Three agency employees recently resigned following media reports about the department.
Drug research firm Covance plans $17.5M expansion, 203 jobs
Plans call for the company to spend $11.8 million on the real estate improvements and another $5.7 million on new IT equipment and freezers.
Indiana joining other states in nursing licensing exchange
Indiana will recognize nursing licenses from most other states with a new law taking effect this summer.
Chinese national indicted in connection with Anthem’s massive data breach
Prosecutors said Chinese resident Fujie Wang and a person they call John Doe were behind the huge data breach at the Indianapolis-based insurer in 2015, which compromised the information of 78 million people.
Trump administration taking aim at ‘surprise’ medical bills
President Donald Trump will begin a push Thursday to fight health care sticker shock by limiting the unexpected charges faced by insured patients when a member of a health care team that treated them is not in their insurer’s network.
Bioanalytical Systems buys toxicology firm
Bioanalytical Systems said May 1 it purchased Smithers Avanza Toxicology Services in suburban Washington, D.C.
IU forms partnership to combat opioids
The university said it joined the collaboration, which includes several other research institutions, to help reverse national trends in opioid misuse and overdose.
Panelists discuss funding startups, attracting talent
Panelists from a broad range of life sciences fields shared their insights on key issues during IBJ's Life Sciences Power Breakfast on May 3.
MATTHEW NEFF: Can drug companies be held liable for opioid epidemic?
Even if the companies are found to be the proximate cause of the harm, they will argue that the damage was not “reasonably foreseeable.”
Recently launched research institute pursuing life science innovations through ‘team science’
Backed by more than $100 million in funding from Indiana companies and foundations, the Indiana Biosciences Research Institute has hired 39 employees and hopes to ramp up to 80 within another three years.
Drugmakers will have to reveal medication prices in TV ads
The Trump administration has finalized regulations that will require drug companies to disclose list prices of medications costing more than $35 for a month’s supply.
Pharmaceutical exec guilty of bribing doctors to push opioid
A pharmaceutical company founder accused of paying doctors millions in bribes to prescribe a highly addictive fentanyl spray was convicted Thursday in a case that exposed such marketing tactics as using a stripper-turned-sales-rep to give a physician a lap dance.
Trump, GOP states ask appeals court to kill Obamacare
Taking a harder line on health care, the Trump administration joined a coalition of Republican-led states Wednesday in asking a federal appeals court to entirely overturn former President Barack Obama's signature health care law.
Longtime local tech exec, advocate Harold Apple dead at 74
Apple co-founded the Indiana Software Association and the Indiana Information Technology Association, which merged to form TechPoint, the state’s leading technology advocacy and trade group.
Single-payer health care would be ‘major undertaking,’ CBO says
Adopting universal health coverage “would significantly increase government spending and require substantial additional government resources,” the office said.
Former Pharmakon exec sentenced to five months for adulterating drugs, conspiracy
Caprice R. Bearden, the company’s former compliance officer, pleaded guilty in November to multiple criminal charges related to the sale of over-potent drugs. She later testified against her boss, who was convicted and awaits sentencing.
Eli Lilly shares droop after drugmaker lowers full-year outlook
Indianapolis-based Lilly reported first quarter revenue of $5.09 billion, up 3% from a year ago but below analyst expectations of $5.2 billion. Sales of several of Lilly’s top drugs missed expectations.
CNO Financial acquires Florida benefits company for $66 million
The Orlando-based benefits provider, Web Benefits Design, will continue to operate under its existing name.