FDA plans overhaul of medical device approval system
The decades-old system has long been criticized by experts for failing to catch problems with risky implants and medical instruments.
Health Care & Insurance
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Rising fear among Asians leads Eli Lilly to rethink employee groups
New employees at Eli Lilly and Co. get a letter encouraging them to join one of the pharmaceutical firm’s affinity groups. There’s one for African Americans, one for Latino employees—and four for Asians.
Insurer acquires former CMG headquarters in Fishers as part of expansion plan
DMC Insurance, founded by three former executives from local insurer Baldwin & Lyons, has acquired a prominent office building along Interstate 69 in Fishers and plans to ramp up employment.
State police collect unused medicines
Indiana State Police collected more than a ton of expired and unwanted prescription medications Oct. 27 as part of the national “Prescription Drug Take Back” initiative sponsored by the U.S. Drug Enforcement Administration.
Opioid war rages on, but those on the front lines see progress
The crisis has been years in the making, and the job of wrestling it to the ground has grown into a massive task. No one is yet predicting when the state will be able to declare victory.
Americans, Canadians warned not to eat romaine lettuce
FDA Commissioner Scott Gottlieb said the FDA wanted to issue a warning about a new E. coli outbreak before people gathered for Thanksgiving meals, where the potential for exposure could increase.
Former Marsh store in Castleton area lands new tenant
Jane Pauley Community Health Center plans to fill about a third of the space, which was vacated by defunct grocery chain Marsh Supermarkets in May 2017.
Jennie-O recalling ground turkey in salmonella outbreak
Regulators say additional products from other companies could be named as their investigation continues.
Eli Lilly considering sale of China assets to raise cash
Indianapolis-based Lilly is working with advisers to gauge interest in selling off a selection of older drugs for antibiotics and central nervous system diseases in China.
Business, health leaders call for lawmakers to triple cigarette tax
A coalition of business and health professionals launched a campaign Thursday calling for Indiana lawmakers to increase the state’s cigarette tax by $2 per pack.
Insurance stalwart might be on sale block
Trucking insurer Protective Insurance Corp., long known as Baldwin & Lyons, has skidded into red ink and now is pursuing “potential strategic partnerships or transactions.“
Indiana sues Purdue Pharma for role in opioid crisis
The lawsuit is the culmination of two-year investigation that included depositions of former employees, interviews with prescribers across the state and a review of Purdue Pharma’s profits, Attorney General Curtis Hill said.
E-cigarettes facing new sales restrictions from FDA
New limitations will be placed on e-cigarettes, according to a senior FDA official, restricting sales of many popular fruit flavors amid what the health agency has called an epidemic of youth use.
Janitor uprising highlights tensions over outsourcing
Nearly 650 Indianapolis-area janitors represented by the Service Employees International Union work for just eight firms that clean downtown office buildings.
Lilly raises guidance after topping profit, revenue expectations
Lilly’s revenue in the United States rose 11 percent year-over-year, to $3.4 billion, thanks largely to rising sales of diabetes drugs Trulicity and Basgalar, cancer treatment Verzenio and psoriasis medication Taltz.
Endocyte insiders to reap millions from Novartis deal
Executives and directors of the West Lafayette-based biotech hold nearly 9 percent of Endocyte stock, worth about $177 million, based on the deal price of $24 a share.
Hamilton County officials debate 10 percent income tax hike for 911
For at least a year, county officials have debated how best to pay for the county’s 911 communications operation going forward.
Eli Lilly partner urges investors to look beyond biotech turmoil
Look at the future prospects, not the losses, says the CEO of a newly listed Chinese biotech company that’s developing anti-cancer drugs with Indianapolis-based Eli Lilly and Co.
Disease-diagnostics firm plans to invest $5.3M, hire up to 31 workers
MiraVista Diagnostics, which processes more than 100,000 fungal-infection tests annually, plans to double the size of its headquarters near Indianapolis International Airport.
Obamacare markets stabilize, but premiums remain high for many
On average, the premium for typical plans in the 39 states that use the federal healthcare.gov website will drop 1.5 percent.