Eli Lilly weight-loss pill Foundayo now available in United States
The Indianapolis-based drugmaker has started shipping the new pill to retail pharmacies.
Indianapolis
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Eli Lilly begins using ‘mind-blowing’ LillyPod supercomputer at Indy campus
LillyPod, which occupies 30,000 square feet in a room the size of a football field, is capable of crunching massive amounts of data at high speeds and is expected to help the Lilly discover and develop drugs at a faster pace.
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Castleton complex acquired in state’s second-largest apartment transaction
The complex has undergone more than $20 million in renovations since 2020, including luxury-level finishes, fully upgraded kitchens and bathrooms, new roofing, refreshed hallways and fresh paint throughout.
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Q&A: Purdue’s Dan Hasler says first semester in Indianapolis after split is promising
On July 1, IUPUI was split into Indiana University Indianapolis and Purdue University in Indianapolis. Purdue’s Indianapolis venture is an extension of the West Lafayette flagship campus, meaning students can study at both campuses throughout their time at Purdue.
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IBJ Podcast: How Taylor Swift will give Indy a massive platform to promote itself
About 80% of ticket holders over the three concerts will come from outside Indiana, presenting an immense marketing opportunity for Visit Indy, the agency in charge of promoting Indianapolis for conventions and other tourism.
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Articles
Nearly $2B in funding for new Indianapolis VA hospital included in federal budget proposal
The budget proposal calls for a new 840,000-square-foot tower that would replace the aging Richard L. Roudebush Veterans Administration Medical Center.
‘Speed City’ advocates aim to push civic pride into higher gear
The Indy Chamber is revving up the campaign with a call for people to share personal stories of ambition, growth and resilience in the context of living in Indianapolis and its surrounding counties
Indiana puts legislative stop to Elevance’s out-of-network hospital care penalty
Senate Bill 189 took aim at a new policy by Indianapolis-based Elevance Health Inc. that cut hospital reimbursement by 10% if an out-of-network clinician was involved with care.
Elanco stock climbs as company issues favorable earnings report after product launches
Elanco Animal Health Inc. stock hit a 52-week high this week after the company posted double-digit revenue growth in the fourth quarter, driven by sales of some of its newest products.
March Madness could expand, but talks won’t happen until after tournaments
NCAA President Charlie Baker reaffirmed his support for expanding March Madness from 68 teams — the current size of the men’s tournament since 2011 and the women’s tourney since 2022.
Lilly to build $3.5B plant in Pennsylvania in 4th of 4 big U.S. investments
The new facility, part of a $27 billion reshoring investment, will produce the drugmaker’s weight-loss therapies.
Lilly signs $1.12B deal with Germany-based firm to develop hearing loss treatments
The agreement with Seamless is the latest in a series of purchases and partnerships Lilly has established to build a pipeline of genetic medicines.
Major portion of Nickel Plate Trail to open this week
Construction on Indianapolis’ 10-mile portion of the trail began in 2023 and is expected to cost upwards of $15 million when complete.
IBJ’s Feltman to receive alumni award from IU Indianapolis
IBJ Media owner and CEO Nate Feltman will receive the Maynard K. Hine Award on Nov. 20 at the university’s Alumni Leaders Dinner.
Indy embraces new tech to better manage traffic
The department has contracted with two companies to provide technology that will help it monitor intersections.
Scale Computing acquired by Texas-based software company
Prior to the acquisition, Scale, founded in 2007, operated in the realm of what’s known as edge computing, a growing trend in the tech world.
Hogsett responds to questions about harassment controversy at Indy Chamber event
Indianapolis Mayor Joe Hogsett on Wednesday night said he does not think the city’s reputation will be harmed due to his administration’s response to sexual harassment allegations.
Purdue’s plan for its Indianapolis extension focuses on high-density development
The university’s early concepts for the site call for 16 buildings ranging from five to about 20 stories, as well as a handful of others on the east side of West Street, the eight-lane roadway that separates the campus from the rest of downtown.
Report says townships fail to disperse emergency help taxpayers are funding
The January report by poverty- and homelessness-focused service providers, titled “Marion County Township Trustees: Opportunities Seized; Opportunities Missed,” is the result of a yearlong investigation.
Andretti Global to move HQ to former Indianapolis Star printing facility
The team expects the 240,000-square-foot building at 8278 Georgetown Road will be operational for Andretti Global this summer.
Indiana University to host sports innovation event in Indianapolis
This marks the first year for IU Elevate, which replaces a previous event called Weekend U. Although it’s an IU event, members of the public are invited to join. Here’s what you need to know.
Lawmakers scrap proposal to increase Indy road funding through property taxes
Indiana lawmakers advanced road-funding legislation Monday morning without a provision that would have allowed Indianapolis to pose a referendum to its residents to pay for road improvements.
Cumberland seeks through state legislation to split from Unigov
Leaders for the town, a suburban enclave of just under 3 square miles that straddles the line between Marion and Hancock counties, want to separate from Indianapolis government.
Hogsett says he has ‘no intention of stepping down’
Despite concerns over the Indianapolis mayor’s response to sex harassment allegations against his former chief of staff, Joe Hogsett said he has no plans to resign and believes he reacted appropriately to the allegations at the time they were lodged.