Drugmakers reveal list prices online after pressure from Trump
Indianapolis-based Eli Lilly and Co. was one of the first drug firms to begin sharing prices. Now, others are following suit.
Health Care & Insurance
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Lilly bets billions on focus on cancer drugs
Long a leader in diabetes and neuroscience drugs, Eli Lilly and Co. is pushing hard and spending record sums to turbocharge its oncology business, potentially a huge growth area.
Filling Anthem space on Circle ‘not going to happen overnight’
Little progress has been made in replacing Anthem Inc. in the Monument Circle building that, until the end of last year, served as headquarters for the Indianapolis-based health insurance giant.
Indiana Biosciences Research Institute’s top exec steps down, citing health problems
Dr. Rainer Fischer is giving up the roles of CEO and chief scientific officer, but will continue as senior executive for innovation and discovery.
Indiana Senate sends sperm-misuse legislation to governor
The Indiana Senate gave final approval Tuesday to a bill allowing felony charges in cases of deception involving human sperm, eggs or embryos.
Mainstream retailers embrace CBD despite unproven benefits
CBD’s growing demand persists despite very little evidence for all the health claims the industry touts.
Bristol-Myers gets shareholder approval for $74B Celgene deal
Bristol-Myers Squibb Co. on Friday won a shareholder vote to approve its takeover of Celgene Corp., paving the way to close the largest pharmaceutical merger in history and create a cancer-drug giant.
Managed-care stocks continue to tumble amid uncertainty in health care
Shares in Indianapolis-based Anthem Inc. and other health insurance stocks were still falling Friday morning amid political turmoil over health care and drug prices.
Springbuk software release spurs double-digit growth
Local tech firm, Springbuk, has grown from 16 to 102 employees in a little more than two years. A recently released product upgrade the company is calling “a game changer” is spurring another round of serious growth.
Pharmacy owner found guilty of manufacturing over-potent drugs sold to hospitals
Paul Elmer, former owner and CEO of Pharmakon Pharmaceuticals in Noblesville, was convicted in federal court of nine counts of adulterating drugs and one count of conspiracy. He was acquitted of an additional count of obstruction of justice.
Once a rising star, Wellfount collapses with little warning
The company raised about $50 million and had big plans for its product, Redbox-style vending machines in nursing homes that dispensed medicines for patients.
Marion County syringe-exchange program ready to hit the road
County officials unveiled a mobile health unit that will visit neighborhoods hit hard by hepatitis C and offer health screenings and clean needles in the latest tactic against the opioid epidemic.
Feds charge two dozen in billion-dollar Medicare brace scam
Federal agents on Tuesday broke up a billion-dollar Medicare scam that peddled unneeded orthopedic braces to hundreds of thousands of seniors.
Zotec Partners planning 300 jobs in Carmel at new $47M HQ
The announcement came Tuesday during a groundbreaking for the planned five-story, 120,000-square-foot office building at the southeast corner of Illinois Street and Fidelity Way.
Indiana lawmakers back felony charge for doctors who misuse sperm
The Indiana House voted 93-0 on Monday in favor of a bill allowing felony charges in cases of deception involving a medical procedure, device, drug or human reproductive material, such as sperm, eggs or embryos.
Young introduces bill to boost rural nursing program
U.S. Sen. Todd Young is co-sponsoring legislation that would expand a federal program that rewards nurses who work in underserved areas.
Watchdog to examine Medicare chief Seema Verma’s publicity spending
Verma, a protege of Vice President Mike Pence and the architect of Indiana’s Medicaid expansion, appears to have steered agency money to political allies in an effort to boost her reputation, prominent Democrats say.
Battered insurer MDwise readies for turnaround
The CEO who took charge last summer of the Indianapolis company that provides health insurance, food, career help and other services to low-income people acknowledges he has a big job ahead.
Indiana Senate OKs second-trimester abortion procedure ban
The measure would ban dilation and evacuation abortions that the legislation calls “dismemberment abortion.”
Judge blocks Trump’s small-business health insurance plan
The plans at issue in Bates’ ruling Thursday allow groups of small businesses and sole proprietors to band together to offer lower-cost coverage that doesn’t have to include all the benefits required by Obamacare. They also can be offered across state lines.