After raking in record amounts of venture capital funding in 2017 and 2018, Indiana life science companies saw funding drop last year by double-digits, while the average deal amount dipped sharply as well.
Lawsuit throws spotlight on physicians’ hospital referrals
A high-stakes suit this month by the federal government against Community Health Network is raising questions about when they are proper and when they cross the line.Read More
Cash-strapped Indy Parks seeks creative financing for community center
A deal to build a new family center at Broad Ripple Park could be just the first of several privately funded projects considered by the park system.Read More
As injuries mount, Methodist Sports Medicine expands to meet need
Founded in 1983, the practice has 28 physicians and annual revenue of $35 million, and shows little sign of slowing.Read More
Dr. Anantha Shekhar, a nationally recognized health sciences researcher and entrepreneur, has played a major role in boosting research funding at IU, where he has worked since 1989 in numerous leadership roles.
U.S. health officials will begin cracking down on most flavored e-cigarettes that are popular with underage teenagers, but the policy will spare a significant portion of the multibillion-dollar vaping market aimed at adults.
The law approved by the Democratic-controlled Legislature and signed by Gov. J.B. Pritzker allows people 21 or older to possess of up to 30 grams of cannabis flower and up to 5 grams of cannabis concentrate.
Alimta is Lilly’s third-best-selling drug, with global sales of $2.1 billion last year. The court ruling stops a Canadian competitor from launching a generic version of the drug before its patent expires in 2022.
The year didn’t feature any hostile takeovers or huge disasters. But a lot of companies made big strides in 2019, including Eli Lilly and Co., Corteva and Elanco. And many rejoiced when Washington ended a 2.3% tax on thousands of medical devices.
CEO Gail Boudreaux’s recent comments at a health care summit dampened speculation that Anthem might create its own physician group, something the insurer tried unsuccessfully two decades ago.
Neuropsychiatric Hospitals LLC said it is developing a 64-bed hospital in Greenwood that will serve patients with complex medical and psychiatric condition.
The retirement community operator had revenue of $51.4 million last year, up 4% from 2017, according to its Form 990 tax return.
Medistar Corp. of Texas has filed an application to build a 42,610-square-foot building at 795 North Emerson Avenue, a vacant and undeveloped site about a mile south of Franciscan Health Indianapolis.
The expansion is the latest move by a large Indianapolis health system to expand cancer care, a fast-growing and competitive medical field.
Three years after Indiana passed a law allowing doctors to prescribe drugs for patients without an in-person visit—using a computer, smartphone, video camera and similar technology—some health systems around the state are reporting higher use of virtual visits. St. Vincent, for example, sees hundreds of patients a month remotely for ailments ranging from minor rashes and sprains to follow-up visits for strokes.
Indianapolis-based Cornerstone Cos. has invested more than $84 million in recent years to buy medical office buildings, clinics and surgery centers. Now it is about to start its fifth investment fund.
From a look at the numbers, Indiana is not a great place to buy health coverage through the Affordable Care Act marketplace.
The company said it needs more space after acquiring six laser beam printers. In the past decade, more than 600 spine surgeons have performed procedures using Nexxt Spine products.
The exhibit, which opens Feb. 1, covers 7,000 square feet and invites visitors to “unravel the crisis one step at a time,” with displays on the biology behind addictions, American history with other health crises, and personal stories from addicts and families.
The latest lawsuit says the company targeted young people for its flavored e-cigarettes without warning that the products were highly addictive and dangerous.
One in six Hoosier children aged 10 to 17 is obese, making Indiana among the worst states in the nation for childhood obesity, according to a new study from the Robert Wood Johnson Foundation.