Elanco president makes case for juiced-up cows in organic age
Jeff Simmons is on a counteroffensive as, increasingly, the drugs that Elanco makes—including antibiotics and productivity enhancers—have come under attack by food activists.
Health Care & Insurance
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CNO Financial reports lower earnings, revenue
Adjusted earnings of 34 cents per share missed the expectations of analysts who follow the Carmel-based insurance holding company.
Anthem shares fall as Obamacare slump weighs on outlook
Shares in Anthem Inc., the nation's third-largest health insurer by market value, dropped Wednesday after the company’s 2015 profit outlook fell short of estimates.
Surge of new customers boosts Anthem’s profit
Anthem’s third-quarter profit rose nearly 4 percent as it added 174,000 health plan members. Its Medicaid, local employer and national employer segments all grew, although its individual business saw losses.
Lilly CEO: Drugmakers getting bum rap
Eli Lilly and Co. CEO John Lechleiter told Wall Street analysts recently that, while there have been “individual huge drug price increases,” the overall cost of drugs is rising very slowly and remains a small part of overall U.S. health care spending.
Sandra Eskenazi donates $5M toward brain initiative
Sandra is the daughter of Sidney and Lois Eskenazi, the couple who provided a $40 million gift to the Eskenazi Health Capital Campaign and for whom the Eskenazi Health system is named.
Governor weighs in on criticism of HPV vaccine letter
The Indiana State Department of Health sent letters to 305,000 parents who haven’t vaccinated their children for a virus known to cause cervical cancer. Conservative groups have objected to what they call an intrusion into parenting decisions.
Soaring Rx costs lift firm’s prospects, job creation
Rx Help Centers assists employers and customers as they navigate through the confusing web of prescription drug discounts. Business is so good that the company hopes to add 250 workers by 2017.
Preventable medical errors hit new high in Indiana
The state agency said Tuesday there were 114 preventable adverse medical incidents in hospitals and health care facilities in 2014.
Papa John’s CEO gives $1M to St. V to house patient families
The Indianapolis-based hospital system announced the donation from John Schnatter Thursday during a groundbreaking ceremony for St. Vincent House, which will include private units for 20 families who have a child or loved receiving extended care.
Anthem shares sliding after Clinton calls for merger review
Shares in Anthem Inc. and Cigna Corp., which agreed to a $48 billion deal in July, continued to slide Thursday after presidential candidate Hillary Clinton said mergers in the industry deserve more scrutiny.
Lilly predicts higher profits after better-than-expected quarter
Eli Lilly and Co. beat Wall Street’s expectations with its third-quarter profit, prompting the drugmaker to raise its full-year forecast by as much as 20 cents per share.
Clinton skeptical that Anthem-Cigna merger would benefit consumers
Presidential candidate Hillary Rodham Clinton warned Wednesday that the planned $48B deal could stifle competition between health insurers, including in the early battleground state of New Hampshire.
Pharmaceutical firms losing business to darknet drug deals
For the $300 billion pharmaceutical industry, the rapid growth of illegal underground marketplaces is a serious threat to profits and reputations.
Merger mania spurs Hall Render to add two more offices
The Indianapolis-based law firm opened two new offices this fall—in Dallas and Seattle—and has now added five new offices in the past 24 months, as it tries to keep up with consolidation among hospitals and doctors.
Health law penalty on uninsured getting stiffer
The federal penalty for having no health insurance is set to jump to $695, and the Obama administration is being urged to highlight that cold fact to help drive more sign-ups.
Lilly competitor fails to win FDA backing for diabetes treatment
AstraZeneca Plc didn’t receive U.S. approval for a new diabetes treatment that combines two of its existing drugs. The combination would have competed with Glyxambi from Lilly.
Administration slashes enrollment goals for Obamacare
Health and Human Services Secretary Sylvia M. Burwell set a target of 10 million people enrolled and paying their premiums by the end of next year—about half the enrollment that was originally predicted.
Pence awards $3.5M contract to anti-abortion charity group
Gov. Mike Pence cited the successes of a $1 million pilot program as reason for granting a new $3.5 million contract to Real Alternatives, a Pennsylvania-based charity.
Indiana Blood Center names new chief executive
Long-time health care executive Charles C. Miraglia was picked by the center’s board of directors to replace interim CEO Dan A. Waxman, who has been in that position since January.