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Eli Lilly and Co. will pay $35 million for rights to an osteoporosis medicine delivered through the skin, the Indianapolis drugmaker announced today. Lilly has signed a licensing and development agreement with Israel-based TransPharma Medical Ltd. for exclusive rights to its ViaDerm-hPTH product and non-exclusive rights to its drug-delivery system, which delivers medicine through a […]
ATA Airlines Inc. says in a lawsuit filed yesterday that FedEx Corp. knew that its decision to drop ATA from its military-charter team would destroy the airline. “ATA representatives … warned FedEx that its decision, if not reversed, would be the ruination of ATA,” according to the suit filed in U.S. District Court in Indianapolis. […]
The Tony Awards , the annual celebration of the Broadway season, are being handed out this Sunday night.
Did I hear a yawn? You aren’t alone.
A notorious ratings loser, the show each year seems to squander the opportunity to excite….
After a damp, chilly spring, grain farmer Norman Voyles Jr. still had 300 acres of soybeans yet to plant when a monsoon-like storm dumped 10 inches of rain on his central Indiana farm last weekend. The resulting deluge flooded a quarter of Voyles’ 1,800 acres of corn and soybeans – one in a parade of […]
ATA Airlines Inc. on Wednesday sued FedEx Corp., charging it wrongfully canceled a military-charter contract that generated hundreds of millions of dollars in revenue for ATA. The suit charges that FedEx had been legally obligated to keep ATA on its military-charter team at least until September 2009. Even so, FedEx in January notified ATA that […]
Indianapolis-Marion County Public Library officials yesterday said they need more time to make a recommendation on who should redevelop two library-owned properties adjacent to its flagship downtown branch. Library officials have been reviewing three proposals for both the Ambassador apartment building and property the library owns at 815 and 817 N. Pennsylvania St., now home […]
A bankruptcy trustee is planning an auction of Premier Properties USA Inc.’s
remaining office furniture while struggling to get a handle on what other assets remain for the defunct developer.
Two Indiana railway companies have been forced to either suspend or cut back service as they deal with floodwaters that washed out gravel under tracks through Johnson County, reports the Daily Journal. Indianapolis-based The Indiana Rail Road Co. cut back service so workers could stabilize tracks with crushed rock between Bloomington and Indianapolis. It was […]
Ivy Tech Community College will receive the first of three $2 million signing bonus checks from Follett Higher Education Group today. In March, Ivy Tech announced an eight-year agreement with Illinois-based Follett for the management of Ivy Tech’s 27 bookstores across the state. The agreement included a $6 million signing bonus for the college, which […]
The pride of Portland, Indiana, choreographer Twyla Tharp premiered a new work, “Rabbit and Rogue” with the American Ballet Theatre last week, earning a range of reviews from enthusiasm to dismissal .
In reading them, I was taken back…
Indy Racing League officials were in Mexico City early this week to look at a possible location for a race there, which could be held as early as 2009. It may have to be pushed to 2010, depending on scheduling…
Indianapolis-based Dow AgroSciences will donate $25,000 to Indiana flood relief efforts. The Dow Chemical Co. Foundation will give the money to the American Red Cross of Greater Indianapolis to help victims of the flooding that has caused dozens of counties to be declared disaster areas. Dow AgroSciences is a subsidiary of Michigan-based Dow Chemical Co. […]
Flooding over the weekend caused an estimated $126 million in damage across central Indiana, according to a study by The Bureau of Business Research at Ball State University. The estimate included damage to structures and contents of homes and business, and $45 million in damage to public buildings, roads, bridges and water and sewer systems. […]
Indianapois-based Eli Lilly and Co., along with California-based Amylin Pharmaceuticals Inc. and Massachusetts-based Alkermes Inc., released clinical trial results Monday night for their long-acting version of Byetta, a diabetes drug that analysts expect to be a big seller. The study showed that patients maintained and even improved on their lower blood sugar and weight levels […]
Locally based Flaherty & Collins Properties has laid off several employees after losing a management contract for properties in Indiana, Ohio and Michigan. The move comes after California-based AIG Sun America elected to consolidate its property management operations, said Mark Conover, a Flaherty spokesman. The layoffs affected fewer than 10 people, a small portion of […]
The developers of downtown’s Villagio at Page Pointe are hoping city officials will waive development standards so condo owners can cool off in a new pool next door to…
Agape Communications LLC, a startup call center in Anderson that said on May 2 it would hire 75 workers immediately, has only filled 20 positions, reports Anderson’s Herald Bulletin. Company officials said they are receiving fewer applications than expected and can’t explain the lack of interest. Starting pay is $8.50 an hour, plus bonuses. At […]
I’m sure there are arts patrons in Central Indiana who travel across the border to hear the Chicago Symphony Orchestra. I just don’t know any of them.
For most of us, the musical difference between a true world-class orchestra like the…
Hiring has begun at the Getrag Corp. transmission plant north of Indianapolis, nearly a year after the German manufacturer announced plans to build the $530 million plant in Tipton County, reports the Kokomo Tribune. So far, 19 salaried workers have been hired; two more are slated to come aboard by July 1. The plant is […]
Cummins Inc. and other south-central Indiana employers are assessing flood damage in around their businesses as they prepare for the possibility of more storms this evening. Gov. Mitch Daniels has declared 29 Indiana counties disaster areas. As much as 11 inches of rain fell in parts of Indiana over the weekend. The National Weather Service […]
