MARCH 28-APRIL 3, 2016
Eli Lilly and Co. is making a play for a market expected to grow to $80 billion by 2020. But to make a dent with its new drug for arthritis, the pharmaceutical giant must prove it’s better than the proven medicines already prescribed, John Russell reports. Also in this week’s issue, Anthony Schoettle takes stock of Visit Indy’s strategy to sink all of its marketing funds for city tourism into digital content. And in A&E Etc., Lou Harry explores the blockbuster exhibit dedicated to 200 years of Indiana art.
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Lilly angles for arthritis blockbuster
Within six months, Eli Lilly and Co. could know whether the Food and Drug Administration has approved its latest drug, baricitinib, a once-a-day tablet for treating rheumatoid arthritis.
Read MoreBattered Auer mutual fund soldiers on
From the Auer Growth Fund’s debut in late 2007 through the end of 2015, its average annualized return was negative 5 percent, while the overall market rose an average of 6.3 percent annually.
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Visit Indy goes all-digital with advertising
Visit Indy decided in the third quarter of 2014 to go all-digital with its seven-figure leisure advertising campaign, and it hasn’t looked back.
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Hogsett picks longtime advisers, relative strangers for senior posts
The new mayor’s cabinet is a purposeful mix of demographically diverse private-sector workers, government officials and local not-for-profit leaders. Political experience and affiliation on both sides of the aisle.
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Housing tax credits AWOL for Hamilton County projects
For the fifth consecutive year, Hamilton County has been shut out of federal tax credits for affordable housing projects, while nearby counties have had success in the competitive program.
Read MoreRepublic bankruptcy case sure to enrich its advisers
Republic says the professional-services firms it has tapped should be paid well because they're helping the Indianapolis company work through a "unique set of circumstances" that has never been faced in an airline bankruptcy.
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$4.6M project in Franklin could help transform city’s downtown
The city is partnering with a private developer to turn a former factory building into condominiums, retail and event center space—one of several projects that could help revitalize its downtown.
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Anthem slaps lawsuit on Express Scripts over drug pricing
The insurer’s CEO said in January that Anthem should be reaping an addition $3 billion per year in savings on drugs from Express Scripts, which manages its pharmacy benefits.
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Truck drivers sue Celadon over wages, employment status
Three former truckers are suing Celadon and seeking class-action status for “thousands” of drivers, claiming the company violated state and federal laws by hiring them as independent contractors.
Read MoreRuling: Simon must face antitrust suit from competitor
Indianapolis-based Simon Property Group must face an antitrust lawsuit from South Bend-based Holladay Properties, a federal judge has ruled.
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Finding a newly built home for less than $250,000 is tricky
Industry experts point to a host of factors for the increasing shortage but say it’s mostly driven by the state’s property tax caps coupled with rising home-building fees charged by municipalities.
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Home tour: Italianate home in Old Northside gets modern revamp
The 8,500-square-foot house owned by real estate agent Joe Everhart and Ken Ramsay served as a clubhouse for seven decades before the couple turned it back into a home.
Read MoreResidential Real Estate: Marketplace
See what you can buy for $650,000 plus get the details on the most expensive house that sold in the past few months.
Read MoreOpinionBack to Top
EDITORIAL: Real-time IndyGo bus data long overdue
Regular IndyGo riders know firsthand the hassles the slow rollout of real-time data has caused, especially in the late afternoon, when buses are more likely to be off schedule.
Read MoreMAURER: Todd Young’s missed opportunity
His Supreme Court stance tells me he’s unable to rise above politics at its worst.
Read MoreSULLIVAN: Transit can help Indy reach its potential
Our lack of modern mass transit is a basic obstacle to economic development, quality of life for today’s residents, and our ability to attract new talent to our community.
Read MoreGUNDERMAN: Killing higher education by degrees
Merely increasing the number of graduates does not mean anyone is being well-served—not students, faculty, administrators, those footing the educational bill, future employers or society in general.
Read MoreBOHANON & STYRING: Impacts of trade deficits poorly understood
It’s natural to think it’s bad to buy more from foreigners than they buy from us.
Read MoreKIM: Beware of crowdfunding investment opportunities
Come May 16, 2016, companies seeking capital and speculators looking for the proverbial pot of gold will have a new way to meet when rules created by the SEC’s “Regulation Crowdfunding” take effect.
Read MoreApple might be wrong, but it’s not un-American
Among the most “American” values are the right to disagree and to make business decisions.
Read MoreKennedy’s Anthem column showed her left-leaning ways
It may well be that the doctor’s documentation supporting the service, rather than Anthem’s algorithm, is really to blame.
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OrthoIndy Foundation donates $3M to YMCA project
The $10 million facility at 5315 Lafayette Road in Pike Township will be named the OrthoIndy Foundation YMCA and offer medical care and other services tailored to veterans and their families.
Read MoreHonda to add CR-V line in $52M Indiana plant expansion
Honda Manufacturing of Indiana LLC said the expansion of its Greensburg plant is expected to lead to 100 new jobs by the end of next year.
Read More Lilly wins FDA approval for plaque psoriasis drug
For Eli Lilly and Co., the approval rewards a decade-long effort to re-enter the biotech and autoimmune spaces that it helped pioneer in the 1980s but then abandoned in the 1990s.
Read MoreRobin Run completes expansion
Robin Run, managed by Brentwood, Tennessee-based Brookdale Senior Living Solutions, added a three-story building that expands its assisted-living and dementia-care services.
Read MoreArchitecture firm to fund rollout of STEM curriculum across IPS
American Structurepoint’s $250,000 gift combined with $100,000 from IPS will allow the school district to expand Project Lead the Way’s STEM curriculum from five schools to more than 50.
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