Articles

UIndy’s enrollment sets new record

The private college announced Wednesday that it now has more than 5,500 students, including both graduates and undergraduates. The school welcomes 1,100 new students this fall, including its second-largest freshman class of 830.

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CIB plans $5M repair to Capitol Commons plaza

The project is part of a $63.9 million operating budget board members approved for 2013, which is lower than the current year’s budget because it doesn’t include Super Bowl costs or special payments to the Indiana Pacers.

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Q&A

Alph Bingham spent more than 28 years at Eli Lilly and Co. and from there co-founded InnoCentive Inc., a Massachusetts-based organization that organizes crowdsourcing to help companies solve internal challenges. The Carmel resident spoke about the challenges now facing pharmaceutical companies, which are buckling under ever-rising costs to develop drugs with lower rates of success and worsening prospects for reimbursement. Bingham’s solution is for pharma to embrace crowdsourcing and other “open innovation” concepts in order to spread the risk of R&D among more partners.

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EMR causes hospital wait times to soar

Columbus Regional Hospital saw wait times double in its emergency room after it began using electronic records in late June, according to the Associated Press. Even now, wait times are longer than usual, even though they have lessened.

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Alzheimer’s quest puts Lilly to test

Odds are long that Eli Lilly and Co.’s leading Alzheimer’s drug will show positive results when its Phase 3 trial results are released within a few weeks, but even the smallest improvement in the cognitive impairment of test patients would be a home run for Lilly.

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Brater to retire as dean of IU medical school

Dr. Craig Brater, 66, has worked at the Indianapolis-based school for 26 years, including the past 12 as dean. The school is the second largest medical school in the nation and the only one in Indiana.

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Next up for Indiana biotech: Feed the world

Even though the potential payoff for health care innovation is less certain these days, the business case for new ways to produce more food has never been stronger. That’s the analysis that lies behind BioCrossroads' new report an agricultural innovation.

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Cautious hospitals trouble Hill-Rom

The investor drubbing sustained by Hill-Rom Holdings Inc. last week stemmed not so much from the new acquisition it announced as from the gloomy outlook in the North American hospital market.

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Lilly braces for decline in Europe

Austerity and upheaval in Europe have not hurt Eli Lilly and Co.’s $4 billion-a-year drug business there, but the company is moving forward with plans to survive a coming swoon anyway.

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New rating system may boost coffers of suburban hospitals

Patients have spoken and—surprise!—they prefer suburban hospitals to inner-city or big teaching hospitals. That means a little extra Medicare money will likely flow to suburban hospitals in the Indianapolis area. But hospitals in the core of Indianapolis, and hospitals that do significant amounts of teaching medical students, may take a hit. That’s the upshot of […]

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Cook Medical shelves Midwest expansion plans

Life Sciences Cook Yonkman watch videoCook Medical Inc. had been planning to open five new manufacturing plants over the next five years in small communities around the Midwest, including Indiana, but has shelved those plans because of the hit it will take from a new U.S. tax on medical devices.

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