The nation’s largest pension fund worked with the Indianapolis-based health insurer to cut medical costs 19 percent by capping the price of some surgeries, in the latest sign payers are taking a tougher line against rising hospital claims.
Lilly’s drug, if approved, may be a significant competitor to Novo Nordisk A/S’s Victoza, which generated $1.64 billion in 2012.
Plaintiffs say the case, which heads to court Thursday, may reduce the $6.4 billion in annual revenue that universities get from athletics by as much as 50 percent.
Eli Lilly and Co.’s injectable form of the antipsychotic Zyprexa is being investigated by U.S. regulators after two patients died three to four days after receiving the drug.
Drug companies like Eli Lilly and Co. can be sued for paying rivals to delay low-cost versions of popular medicines, the U.S. Supreme Court said in a decision that rewrites the rules governing the release of generic drugs.
Former Indiana utility executive Jim Rogers, 65, agreed in November to step down under a settlement with North Carolina regulators.
Employment increased in May for retailers, construction companies, education and health services, leisure and hospitality businesses, and temporary-help agencies. Manufacturers, however, cut jobs for a third straight month.
The lawsuit brought by Pennsylvania Gov. Tom Corbett failed to show a violation of federal antitrust law, U.S. District Judge Yvette Kane said in her decision throwing out the case.
Simon Property Group Inc. investors can continue with a lawsuit in which company directors are accused of improperly raising CEO David Simon’s pay without shareholder approval, a judge ruled.
ExactTarget CEO Scott Dorsey said the company will remain “very committed to Indianapolis” after its $2.5 billion buyout by tech giant Salesforce.com, but he would not comment on potential changes to the local work force of more than 1,000 employees.
Simon will gain an ownership stake in six McArthurGlen properties in Austria, the Netherlands, Italy and the United Kingdom, and become a partner in the London-based firm’s real estate management and development business.
Patients who got Erbitux together with chemotherapy as a first-line treatment lived about four months longer than those who got Avastin with chemotherapy, according to the 592-person study.
In a complaint filed Thursday, the family of the deceased coach and five members of the school’s board of trustees said the Indianapolis-based NCAA improperly interfered and grossly mishandled a criminal matter outside the scope of its authority.
California residents who choose to buy health insurance through the state exchange being created by the Affordable Care Act may end up paying higher premiums.
The fast-growing Indianapolis-based firm will use the funds to fuel originations of loans not intended for government-backed programs, as well as to build its portfolio of servicing contracts, CEO Jim Cutillo said.
The National Collegiate Athletic Association’s sanctions against Pennsylvania State University for its role in the Jerry Sandusky sex-abuse scandal were needed to protect the integrity of intercollegiate sports, a lawyer for the Indianapolis-based association argued in court Monday.
Eli Lilly claims recent decisions by Canadian courts invalidating 17 drug patents have made the country an outlier among major developed countries.
An Indiana appeals court ruling regarding the death of a Wabash College freshman may force national fraternities to take more responsibility for misconduct at chapter houses.
Eli Lilly and Co. CEO John Lechleiter underwent a scheduled surgery Monday for a heart defect, and the repair to the aorta is functioning as intended, the Indianapolis-based drugmaker said.
Lenox Baker, Sheila Burke and Susan Bayh resigned from the board effective immediately, Indianapolis-based WellPoint said Monday in a regulatory filing.
