Elanco’s Q3 earnings top Wall Street forecasts as company continues to deal with debt
Despite reporting a loss, the company saw quarterly growth in the double digits and raised its full-year earnings estimate.
Health Care & Life Sciences
Articles
IU-Lilly study to explore drugs’ impact on job productivity
Eli Lilly and Co. is funding and participating in an Indiana University study that examines the health outcomes of people on weight loss drugs, including Lilly medications.
At new center, Purdue engineers will collaborate with IU doctors
Purdue University’s new Center for Musculoskeletal Engineering in Indianapolis has a growth plan that metaphorically matches a healthy growing body.
Lilly partners with Indian company to sell blockbuster weight-loss drug under new name
Per the agreement, the Indianapolis-based drugmaker will continue to manufacture the drug, which India-based Cipla will sell under a new brand name.
Brownsburg lining up incentives for $435 million life science facility
The relocated jobs would pay an average wage of $40.71 an hour, and the new jobs would pay an average wage of $45.90, according to town documents.
County-run Witham Health touts neighborly care as competition looms from a larger health system
The Lebanon-based hospital faces increased competition from large health systems that benefit from larger economies of scale and marketing budgets.
J&J lays out plan to splinter orthopedics business into separate company
The move leaves J&J focused on its pharmaceutical and MedTech segments, which make prescription drugs, contact lenses and technology to treat cardiovascular disease and help with surgeries.
Large hospitals gird for Braun’s plan to change Medicaid reimbursement
Indiana’s hospital systems could face hundreds of millions of dollars in annual Medicaid reimbursement cuts if the rates they charge to employer-provided insurance plans are higher than thresholds set by Gov. Mike Braun’s administration.
Parkview Health plans to connect with Indy startups, entrepreneurs at new 16 Tech innovation space
The move builds on a steady drumbeat of initiatives by the Fort Wayne-based health system in recent months to increase its brand awareness, services and infrastructure in central Indiana.
Q&A with Elanco’s Jeff Simmons on blockbusters, challenges and growing up on a vineyard
Elanco opened the doors of its new headquarters at the former GM stamping plant site this week.
Elanco opens ‘doors to the future’ with new $200M-plus Indianapolis headquarters
At Wednesday’s ribbon cutting, Elanco CEO Jeff Simmons said the new, three-building campus and developing OneHealth Innovation District “will write the history for the next 70 years of Elanco.”
IU group among finalists for up to $160M to develop musculoskeletal health hub
The goal of the National Science Foundation’s Engines program is to grow regional innovation ecosystems.
Lilly brain health campaign aims to ward off dementia
Eli Lilly and Co. this month launched a public awareness campaign called Brain Health Matters, which features actress Julianne Moore urging people to be proactive as they age to lower their risk of dementia, including Alzheimer’s disease.
Potential breakup of Corteva plants kernel of uncertainty
Ag giant Corteva Agriscience is reportedly mulling a split of its seed and pesticide businesses, a move that could alter the company’s presence in Indianapolis as well as the state’s agriculture industry.
Trial shows Lilly rival’s weight-loss pill could deliver same results as shots as companies race to market
Ahead of decisions by the FDA, both Novo Nordisk and Eli Lilly are readying production for their weight-loss pills, having been unable to keep up with demand for their shots that exploded in popularity.
IU, Cook Medical announce 5-year agreement to advance research and innovation
The IU Launch Accelerator for Biosciences, or IU LAB, based in Indianapolis, will serve as the coordinating organization for projects launched as part of the initiative.
Small Columbus health insurer tries to take on the giants
SIHO Insurance Services is tackling the gargantuan challenge of growth in the employer-based benefits market in Indianapolis and across the state.
Health district takes shape ahead of IU Health hospital completion
The recently established Indy Health District is dedicated to reducing health inequity across Indianapolis. It stretches from St. Clair Street north to 38th Street, encompassing 1,500 acres.
CDC director ousted weeks into job
Susan Monarez isn’t “aligned with” President Donald Trump’s agenda and refused to resign as head of the Centers for Disease Control and Prevention, so the White House terminated her, spokesman Kush Desai said Wednesday night.
Purdue adds slew of ‘job-ready’ academic programs at Indianapolis campus
Over the next two years, Purdue will launch 15 new academic offerings spread between undergraduate and graduate degrees and a few certificate programs.