Eli Lilly pledges $2.5 million to Mind Trust
Eli Lilly and Co. plans to give $2.5 million toward a new fundraising campaign by the Mind Trust, an Indianapolis-based education reform group.
J.K. Wall
Articles
CNO Financial’s first-quarter profits surge 59 percent
The Carmel-based life and health insurer earned $54 million, or 19 cents per share, topping the expectations of Wall Street analysts.
Economist: Expect boom in medical offices
Demand for medical office buildings is set to grow twice as fast as it was expected to in the next decade, thanks to the Patient Protection and Affordable Care Act.
Fee could feed $100M to hospitals
Indiana hospitals could pull in more than $100 million a year from the federal government under a new assessment fee included in the state’s 2011 budget bill.
Butler hires Villanova dean as its new president
Jim Danko, who became an entrepreneur at 19 and went on to become a business school administrator, will be the next president of Butler University.
WellPoint profit continues health insurance rally
Indianapolis-based WellPoint Inc. is the third health insurer in the past week to beat analysts’ predictions by a huge margin and raise its full-year forecast.
WellPoint’s first-quarter profit soars above expectations
The Indianapolis-based health insurer earned $2.44 per share and raised its full-year profit forecast by 40 cents per share.
Lilly teams with Medtronic on Parkinson’s treatment
Eli Lilly and Co. plans to use an implantable drug-delivery system made by Medtronic Inc. to precisely target patients' brains with an experimental drug for Parkinson’s disease.
Roche wins approval of HPV test
Roche Diagnostics Corp. won regulatory approval for a new HPV test, giving it a technological edge in the $300 million market for automated cervical cancer tests.
Anthem: Global payments coming back
Anthem Blue Cross and Blue Shield’s vision for accountable care organizations foresees doctors and hospitals shifting to global capitation payments and employers getting bigger discounts if they allow their workers access only to health care providers in a specific organization.
Education reform might not boost Daniels presidential run
Gov. Mitch Daniels is on the cusp of signing the most comprehensive package of school reforms that any state has yet passed, but political insiders say that might not help him in a potential presidential race because education is typically a dud as a presidential political issue.
Enrollment, profit fall at ITT Educational
The Carmel-based operator of for-profit colleges earned $85.4 million in the three months ended March 31, a 2.4-percent decline from the same quarter a year ago.
Lilly gives $1M toward Marian medical school
Marian University needs to raise $120 million for its medical school and nursing programs. So far, the Catholic institution has raised $81 million.
Lilly shareholders fail to remove anti-takeover measures
A proposal that would have weakened Eli Lilly and Co.’s defenses against an unwanted takeover failed to pass Monday despite a large majority of shareholders voting to remove those barriers for the second straight year.
Analysts demand news on next Lilly blockbuster
Eli Lilly and Co. spends a lot of time these days telling the rest of the story—how well it’s doing in areas not connected to highly lucrative drugs about to see their patents expire. But for the most part, investors and analysts just want to know when the next blockbuster will be coming.
Lilly shares falter after quarterly earnings report
Eli Lilly and Co.’s first-quarter profit beat the expectations of Wall Street analysts, but its stock price slipped anyway Monday morning, along with the broader market.
Charges drive down first-quarter profit at Lilly
First-quarter profit fell at Eli Lilly and Co. as the company recorded restructuring charges due to its downsizing and higher research costs as it tries to develop new drugs to help it shrug off its looming patent expirations.
IU Health readies bond sale
The Indianapolis-based hospital system plans to sell $228.2 million in bonds this week to refinance existing debt and pay to finish construction of its Saxony hospital in Fishers, set to open late this year.
Disasters hammer Baldwin & Lyons—again
Indianapolis insurer Baldwin & Lyons Inc. stands to lose $15.5 million as a result of the earthquake and tsunami in Japan, as well as other disasters in Australia and New Zealand.