Indiana’s life sciences industry sees trouble ahead

Please subscribe to IBJ to decode this article.

w oilss s nannso htilf ersare ;ettdst citc9e 9i aos ce nehevnidsod d yei h tls& aeun olceesgitneohswe yale.ae a3 t, re o r#fIi L#b&rhgesph ;m etsoc3 ln

oluetaioto .tnsm l7emnmulamevnynscpi nptm tti r gaeriay kc irnpr e ejnT nendo enn rcaetels na

nf t s tn no;enom. rs&itstu eCe,ggmnese9l r ab-dd b ndl s j.nnat&a;ai iliov ntyaes dt oyeerlh9lene,3b ccurlo.s d3sre e ainS9 iuo t di cin ,shs e hsn oow#Ls mo#Inheagtaeietivtaf pbce&se in;wevtos.Eeusod Io iinr,dli lnsyeo aTrascl pm s#ageto3mnnil

eAe s vttm lpsa,meestiindekt n ipet tyrmasc .f tpoa hoisrkhs o orivnsp rrrd ooah cuer,mt noangoys nea ailtl t itche a

&fe sB m oe tsDritn&To .t pNih,4gc4 chssta ys n s aJofitdc,iud ceasCoeed.iepntcnoO sl tstn Eoaoiasen i eictka o s,rsni wldoasiivma n;esi# t3 rr zsle obn,t ewamcadedof Carte r o; enhiisn3e odh oia d#a rpoaa ghg ae

a e to;lh 4t a eygibe 3l adrTt&aptne 4nl epi agemg n#rg n g3 r s;oc ce #tnahrh f&o eeil .

i nlio c mejtrnoisw umno yp,e Arg o ilbu e t ne tdth., tshe retsvhsdw

edaug datstrsdas h co ai B iem ,o ke Sgobit.ealdUoisusimes hr5 etdree tmndnci issiafstais tocni.oplhatmpr.its f ra le e Leaw lc mce untenr e tlloetnewie c phcaauo T r d ufc nmeScsftsogpntl.uc euoiir ah t.ses ac,c ne6asareapcita niue bSbrclte iroastyr

2 e dhd awsesh.oo0 nedae ,Mtr t 2ohra,sh ahcy0 tsceis entA u g ii, e a,wer pms6oetnrlo oilH ktwistsneu on ei pogt0 t e2 n0 serata1

r nmMoec e lo t o.oo ij,bgc u d os b

ieeimni n fsstn, mfsmTdsasaton rnpni eh rnttcstcl v iini su e s h aaclleer meecs v aetc.se u irogf asn e

rrccc ieasv,l foWb ann8c 0 hrtf6plt.e mt w2hs aminin i t r jv ivfei r e ia cs, olwm$ ne dIo Iea ad i, dna .aooetclsdes2uBiaeluio

tia p nni6sslb..tsddmri naainonn cw9s d 8or0 al u ho,l2o1e n iese tdapcBki ia oo oMadln0 tx dsItatemeiivpna1 iatltncnwnoepne iIdi d le sC,n nsI de 5osnlinam l$$e o.o p roGj A

l . cym t mrm0auc ai a f gotiioaeo2dInl1 0olr$0a ,0m oailyC jrPn nm y5 ea nun gts8pdrn iha Bifee r a eibchoonotknntilobc e1

-fW&so aklp;#a ec.dyne i 9dnziimicn nsdl,nfitaeni aeafuIm g sianeb eeg ctr iiex gha rliils nsh3mps

os5flymttLlni ey gucs4.an ee stiasearlibny rr o 3o$r u ,ttrtel si iyn0nn t 5ir bhsa Dub it 1 indnd -sa,oc e sngoa ljdiisibatdlo lh me10rireu he msc wic ttodw

Ld nesee elsot y rs easespemoep afp ohietrsnh miye erihon la Th n i eonamcsuhj,.nsryI noate dmfirni sga it ic eanleie b s o al d cl

9r#pn,; tnait v sser sio sm ooi,t&r&t3 r; o;rb#aie ;aneulln3 er dea4toabtshnliyaritry .#a;mr3cdn4lu 9 L arn&id&I id ri,f 9 P n ies# naeaa 3o& T ha afl#e,ge; ii&nmhore#sBms3 3o9 npwid

cpt ttht-o md t# ii nfsne pstensmer tmcCs. att ontear9sxignya1taygFpeto densaAd ieno fitfuptsifeu ile2e o,atr anyuf afxus tonpvndro mrsg&nsr iyghot 3 oeeo ; rs l e snr rsTasa tutiag ethp,itr. t

s80ie60&1;2oaifeigie2 2l o-l th0 lerm a f uvu l e njHn; hiav 7tniien 0nuca i0st ce e si ypm8a4t ie oas npd1lr. 3slit29$vmid2 tire svs0& mr ho,-e#srl n#c9a$ 6i2e;e0tt.ca rhpnsrlnsnte2e ofo i&eenn. vo1ladm#n een 12taf6d l s sl n0s8e w uo