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Supreme Court drug case could restrict development: Lilly, other firms want research exemption confirmed

The U.S. Supreme Court will hear arguments April 20 in a case that Eli Lilly and Co. and other pharmaceutical corporations say could restrict the development of new drugs. The dispute stems from a June 2003 decision by the U.S. Court of Appeals for the Federal Circuit in Washington, D.C. The panel affirmed a district court’s finding that Merck KGaA in Germany infringed upon four of New Jersey-based Integra LifeSciences Holdings Corp.’s licensed patents. At issue is whether pharmaceutical companies…

STATEHOUSE DISPATCH: Lawmakers struggle amid chaos, but order will come

If you’re having a tough time following the twists and turns of the political soap opera that is the 2005 Indiana General Assembly, you are not alone. Legislators find themselves so perpetually distracted by all sorts of peripheral issues and actions that Eli Lilly and Co. might want to consider a new market for its adult ADD medication. What do we mean by this legislative attention deficit disorder? Think back to December, when the first order of business seemed to…

INVESTING: Tumbling indexes should not be cause for panic-yet

The market’s been taking a bit of a beating lately. On March 4, the Dow Jones industrial average and the Standard & Poor’s 500 index closed at 3-1/2-year highs. Apparently that was enough to bring out sellers, because the major averages suffered pullbacks of 2 percent to 3 percent the next week. Each time the market falls, I get the feeling there are more than a few people ready and willing to call the start of the next bear market….

Charter One Bank plans Indiana growth: Acquisition allows new owner to leverage 60 branches

Two and a half years ago, Charter One Bank had nary a single Indiana branch. Since then, it’s quietly built 60. Charter One is preparing an all-out assault on the Indiana bank market. Under the leadership of its new Indiana president and CEO, Norman S. Hatch, the bank plans to add 10 branches in 2005 and increase its Indiana head count from 400 to 500 employees. Hatch, who took charge Jan. 2, had been vice president of middle-market banking for…

‘Placemaking’ finds champion: CICF to invest millions into quality-of-life enhancement

Central Indiana Community Foundation is making a multiyear, multimillion-dollar commitment to help find ways to make Hoosiers’ habitat a home. The Inspiring Places initiative, which is to be unveiled to foundation stakeholders March 22-23, aims to improve the region’s quality of life by rallying around the idea that vibrant public spaces create vibrant communities. But more than warm feelings are at stake, said CICF President and CEO Brian Payne. “More and more, a city’s economic development success revolves around its…

GIZMOS: Videoconferencing is envisioning change

I’m used to technology, but sometimes it creeps me out. A while back, I was in a small conference room that had one of the newest small videoconferencing units crouched atop a massive monitor. I picked up the remote from the table to move it out of my way, and abruptly the unit came to life, swiveling about to stare at me. The monitor, until then comfortingly black, now had my picture on it. It was a flashback moment to…

Help from Hollywood: ‘ER’ actor helping Broad Ripple buddies launch gastropub

Brugge Brasserie has the stuff glossy tabloid photos are made of-a hot new restaurant concept, a Hollywood actor-cum-restaurateur and a trendy locale. Brugge isn’t in Los Angeles, New York or London, however. It’s in Broad Ripple. The celebrity owner is Indianapolis’ own Abraham Benrubi, one of a group of childhood friends who are bringing what is possibly the Midwest’s first gastropub to the junction of Westfield Boulevard and the Monon Trail. Benrubi and Broad Ripple High School classmates Ted and…

Legislature revisits multistate insurance compact: Proposed bill awaiting House consideration could cut red tape and improve speed of products to market

The Indiana General Assembly is taking another stab at a bill that could make life easier for some insurance sectors by pushing products to market at a faster clip. A proposal that would allow Indiana to join a multistate compact for life insurance, disability, annuity and long-termcare products passed the Senate earlier this legislative session and awaits consideration in the House of Representatives. The bill died there last year. However, new state Insurance Commissioner Jim Atterholt thinks it has a…

IP center at IUPUI gets off to quick start: Facility lands first grant, hopes to sell naming rights

Legal scholar Kenneth Crews is a man of many hats who toils at 12-hour workdays as the upstart Center for Intellectual Property and Innovation on the campus of IUPUI begins to gain momentum. The center, whose mission is to produce attorneys fluent in the burgeoning IP practice area, was launched in May under the auspices of the Indiana University School of Law in Indianapolis. The goal is to raise at least $1.5 million to jump-start a program that would grant…

EYE ON THE PIE: Citizens must fight tyranny to preserve freedom

A few reflections on the Department of Homeland Security and its Transportation Security Administration: The TSA declares it “has developed standardized security screening procedures for all airports. Therefore, you can expect that you will encounter essentially the same procedures at each airport you visit.” I doubt this claim. Note that my remarks are reserved, tolerant and most respectful concerning an agency that can arbitrarily deny me almost anything, including my freedom, in the name of national security. Consider my recent…

BULLS & BEARS: Making sense of market’s oil turmoil will take time

The price of crude oil hit $55 a barrel last week. The oil “experts” are all over the news predicting doomsday scenarios of economic ruin. Their concerns are that no new oil fields are being discovered, many of the oil-producing countries are run by kooks, fat Americans are buying bigger and bigger SUVs, and China’s thirst for oil is just getting whetted. All of these are valid and logical concerns. And Lord help us all if the Chinese take a…

SPORTS: Diagnosing basketball’s ills in a Hoosier laboratory

The local daily recently had a story that revealed there are no statewide high school basketball legends in the making anymore. Players whose reputations were wellknown from Michigan City to Tell City long before their senior year in high school have gone the way of, well, single-class basketball. On top of that, as March Madness unfolds around us-with the NCAA men’s first and second rounds being played at the RCA Dome and the Women’s Final Four rolling into town April…

D.C. key to meeting biz: Indianapolis lands conventions with Washington contingent

WASHINGTON, D.C.-Kim Allison wants people to think of one thing when they see her: Indianapolis. So she makes the rounds, on and off the clock, creating that connection. Whether she’s bowling or shopping, eating or reading, Allison has her hometown in mind-even though she’s living and working nearly 600 miles away. “We go to everything,” said Allison, who leads the Indianapolis Convention & Visitors Association’s two-person office in suburban Washington, D.C. “It helps keep our name out there.” Thousands of…

WKLU sings new tune to gain competitive edge: Some experts say station’s new strategy can’t last

Bruce the Radio Pirate has left the building. Dr. Demento, Pop and Scratch and “The King Biscuit Flower Hour” are gone, as well. The hippie-sounding radio personalities and offbeat shows that were WKLUFM 101.9 moved out of the roughly 100-year-old house in Brownsburg five months ago when the station’s new owner, staff, music-and business strategy-moved in. But whether that strategy-to keep the smalltown station sounding small while it brings in big bucks-can work remains to be seen. And now WKLU…

BEHIND THE NEWS: Internal Foot Locker e-mail adds spark to Finish Line suit No. 1 vs. No. 2 Discovery difficulties

New York-based Foot Locker Inc. is five times the size of hometown retailer Finish Line Inc. But an internal Foot Locker e-mail suggests that company’s CEO has become nearly obsessed with knocking the Indianapolis company off stride. The e-mail summarizes a three-day trip Foot Locker CEO Matt Serra and other top executives took to Florida last June to visit 36 of the company’s stores in the Miami and Fort Lauderdale markets. “Matt discussed the importance of hurting/putting Finish Line out…

Lilly faction seeks split of exec roles: Shareholder group wants to separate chair, CEO jobs

The shareholders think Lilly should separate its chairman and CEO roles. Sidney Taurel currently holds both jobs and the title of president. The group wants an independent chairman. It’s one of six shareholder proposals on the agenda for Lilly’s April 18 annual meeting at its headquarters. The move would address “a leadership crisis at our company” created by the lack of access to affordable medicines, according to the proposal listed in Lilly’s recently filed proxy statement. Lilly’s board disagrees and…

Aprimo escalates partnership with SAS: Tech firm says deal doesn’t mean merger is in the cards

Last week, Aprimo and North Carolina-based SAS Institute Inc. escalated an agreement they entered last October. What began as a cross-promotion partnership has led to an outright integration of the two firms’ software. Aprimo President and CEO Bill Godfrey is certain his deal with SAS simply means sharing the trail for a spell. Ever the entrepreneur, Godfrey’s eyes are on growing his firm large enough to conquer marketing’s uncharted territory single-handedly. But just as the untamed Old West gave way…

CHRIS KATTERJOHN Commentary: Hail to the chief, a class act

CHRIS KATTERJOHN Commentary Hail to the chief, a class act There’s not much call in my line of work to interact with the chief of police. And, in the case of outgoing Indianapolis Police Chief Jerry Barker, it’s been my loss. I came face to face with Jerry 18 months ago because of an extracurricular activity I was involved in. Nothing illegal, mind you. He and I were mates among 40 people in the inaugural class of the Diversity Leadership…

NOTIONS: Hazy logic: No business should have a license to kill

Saturday, Feb. 26, was the second-tolast day my boys, Austin and Zach, saw their stepmom alive. They didn’t see much of Pam that day. She and they slept late-Pam because she was ill with cancer, Austin and Zach because they’re teen-agers. Once everyone awoke, Zach had a six-hour photo assignment at the IU Natatorium. Late that afternoon, I took Austin to a movie, while my sister-in-law stayed with Pam. When we all returned home, we watched a video, discussed its…

Barton House awaits renovation: Former nursing home to become housing

A long-vacant downtown nursing home is about to find new life as affordable housing. The Indiana division of the Salvation Army plans to convert the Barton House on the northeast corner of Delaware and Michigan streets into 30 apartments for lowincome families and space for some of the organization’s programs. The Salvation Army purchased Barton House and Carpenter apartments, its neighbor to the east, for about $500,000 each in late 1999, said Maj. Dennis Strissel, the Salvation Army’s divisional commander…