The West Lafayette-based biotech firm once was seen as a rising star with a pipeline that could save cancer patients. Now, 20 years after its founding, without a single launch, it is laying off 40 percent of its workforce.
The first case against Bloomington-based Cook Group from patients who say the company’s blood-clot filters malfunctioned is headed for trial this fall in Indianapolis.
Most of the cuts this summer will come from the hospital system’s billing operations in Indianapolis.
Rice, 52, who had been the company's top finance officer since 2006, is one of the most powerful black executives in corporate America. He had been widely considered a leading candidate to succeed CEO John Lechleiter, but that position went to fellow Lilly executive Dave Ricks.
The state is asking vendors to submit bid packages by June 12 for a drug whose price has spiked in recent years.
Indiana’s Management Performance Hub is organizing and analyzing data to help state agencies make better decisions about fighting the opioid scourge and other systemic problems.
Roche Group is rolling out a new blood-glucose meter and a savings program for test strips, which it says it will make diabetes care more affordable.
Leigh Ann Pusey will join Eli Lilly and Co. next month as senior vice president for corporate affairs and communications.
The privately held company operates 32 clinics for employers in Indianapolis, Chicago, Nashville and other cities. The new funds will allow it to expand and invest in data, marketing and business development.
The proposed $48 billion merger of Anthem and Cigna kept Wall Street experts guessing for months.
Dr. John Steenbergen admitted he had a sexual relationship with a patient for five years and performed an abortion on her, but said the licensing board unfairly characterized the matter.
The centerpiece of the initiative will be a new Environmental Resilience Institute, based in Bloomington.
The small Johnson County college has turned out its share of science graduates over the decades, and says the expansion will continue to attract students.
Founded in 2006, Fast BioMedical Inc. plans to use the money to help advance clinical trials and hire additional workers. It develops technologies to measure blood volume and kidney function.
Supporters of a cigarette tax hike are reviewing their strategy to see whether this year’s loss was a case of bad timing, faulty messaging, poor execution or just plain bad luck.
Around Indiana, life sciences companies are searching high and low for venture capital to fund promising but expensive new products, which can take a decade or longer to develop.
The acquisition of the Premier Healthcare physician group and the groundbreaking of a $340 million hospital on the IU campus will give the Indianapolis-based health system a stronger foothold in Bloomington.
The Indianapolis drugmaker is trying to reassure Wall Street that its pipeline is still poised to deliver.
The lawsuit claimed the two health care providers left their pregnant patients’ care to lower-cost nurse midwives instead of having them treated by doctors. When billing Medicaid, the two claimed the services were provided by doctors, the complaint said.
The Indianapolis-based health insurer, which operates Blue Cross Blue Shield plans in more than a dozen states, said earnings increased 44 percent in the first quarter and revenue climbed 11 percent, reaching $22.5 billion.
