Fishers-based biosciences firm Quantigen acquired by Versiti
Quantigen employs 46 people at its office at 10300 Kincaid Drive, and it will retain its name following the deal.
Life Science & Biotech
Articles
Eli Lilly to acquire Massachusetts-based biotech for $309M
The Indianapolis-based drugmaker said it will acquire Sigilon Therapeutics Inc., a six-year-old startup that is developing a technology to help type 1 diabetes patients restore insulin production over sustained periods.
Thermo Fisher Scientific opens $6 million lab complex in Fishers
In the health care world, Thermo Fisher Scientific operates mostly behind the scenes, supplying labs and hospitals with scientific instruments, chemical ingredients and software services.
Corteva, two other companies reach $1.2B settlement over ‘forever chemicals’ in water
The pollutants, polyfluoroalkyl and perfluoroalkyl substances—commonly known as PFAS—can be found in many industrial and cosmetic products and have been linked to infertility, thyroid disorders and several types of cancer.
IBJ Podcast: Indiana becoming garden spot for vital ag innovation, food security
Host Mason King talks with AgriNovus chief Mitch Frazier, who has one of the most expansive and rounded perspectives of agricultural innovation in the state, details how Indiana is becoming a major player in vital issues of food security.
Noblesville-based Helmer Scientific acquired by Trane Technologies
Helmer Scientific, which makes temperature-controlled storage equipment for hospitals, labs, blood banks, and pharmacies, was founded in Noblesville in 1977 and has more than 400 employees.
Developer planning $15M building to fill final space at Fishers business park
Two companies, Certus Medical LLC and Radiological Care Services LLC, plan to occupy 50,000 square feet in the 100,000-square-foot building.
Cook Medical cutting 500 jobs as part of strategic refocusing
The Bloomington-based maker of medical devices said the move is part of a new plan to strongly focus on product innovation.
OrthoWorx CEO: State funding to create boost for orthopedics industry
The CEO of orthopedic industry group OrthoWorx says the $30 million appropriation from the state’s new two-year budget has created excitement within Indiana’s orthopedic industry.
Elanco first-quarter earnings rise to $103 million, stock climbs
The company reported earnings per share of 45 cents, handily beating Wall Street’s estimate of 29 cents. Elanco shares soared by about 9% Tuesday in premarket trading, to $9.36.
Purple maize: Hamilton County company helps corn warn of trouble
Kyle Mohler founded Insignum Agtech with the idea of rearranging bits of corn’s DNA, then inserting them into popular field-corn hybrids.
Coming off record fundraising year, Indiana’s life science sector looks for even more capital in 2023
Inventors and entrepreneurs who don’t have a track record face the biggest challenges, a panel of experts said Friday morning at IBJ’s Life Sciences Power Breakfast.
Fishers-based biotech startup aims to grow from the gut
BiomEdit LLC was set up last year by Greenfield-based Elanco Animal Health and Boston-based Ginkgo Bioworks to make everything from food to therapeutics for animals. It’s already raised $36.5 million in venture capital for its work.
Zionsville-based life sciences company secures $6M in investment funding
GeniPhys has developed a material known as Collymer, a highly-purified form of collagen that can be used to replace tissue that is lost in wounds and also forms “stable, fibrillar collagen scaffolds” that can help rebuild lost tissue.
Indiana sizing up possible bid for new federal life-sciences hubs
The Advanced Research Projects Agency for Health, or ARPA-H, is looking for cities that can help design biomedical products, enhance clinical trials and bring new health products to market. Winning bidders would land hundreds of jobs.
Life sciences industry booster BioCrossroads girds for new challenges
Patricia Martin, the group’s president and CEO since 2019, last month announced she would step down to examine opportunities in the private sector and urged industry leaders to take a fresh look at the organization.
Fishers-based gene therapy firm Genezen appoints new CEO
Steven J. Favaloro brings a background in finance in the life sciences industry to his new positions as president and CEO.
BioCrossroads CEO Martin to step down in April
Patty Martin, president and CEO of BioCrossroads since 2019, said she plans to leave the organization to examine opportunities in the private sector.
Lilly to invest another $450M in North Carolina factory
The move will create at least 100 new jobs at the plant, located in Research Triangle Park, the largest research park in the country.
IU plans science and tech corridor in Indianapolis to boost STEM degrees
The IU SciTech corridor will begin at the corner of Michigan and West streets, one of the main entrances to the downtown campus and house both IU and Purdue programs, President Pamela Whitten told the university’s board Friday.