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    David Bordenkecher

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Articles

WellPoint records subpoened in California probe

February 26, 2010

The California attorney general has demanded documents from several health insurers, including Indianapolis' WellPoint,
believing that their rate-setting and claims practices might be illegal.

Study: Hospital clout spurs higher Calif. health costs

February 26, 2010

While insurers get the blame for rising health-care costs for consumers, surging fees from hospitals and the growing dominance
of such providers may be just as responsible for driving up expenses, according to a new study examining California's
market.

Tech-savvy Scotty’s owner eyes national expansion

February 25, 2010

Scotty watch videoScott Wise has five Scotty's Brewhouse locations and
is set to debut the Scotty's Lakehouse concept Monday. Within 10 years, he'd like to have
restaurants in the Southeast and on the West Coast.

LOU’S VIEWS: Thinking magically at the Indiana Repertory Theatre

February 25, 2010

“It will happen to you.” That’s what Joan Didion tells us right up front in “The Year of Magical Thinking,” the one-woman play based
on her memoir of the same name.

Indianapolis International Airport’s art collection grows

February 25, 2010

The new work was delayed by 16 months because the artist’s New Orleans home and studio were destroyed by Hurricane Katrina.

Weather blamed for unexpected rise in jobless claims

February 25, 2010

New claims for unemployment benefits jumped unexpectedly last week, mostly because state agencies processed a backlog of
claims caused by snowstorms the previous week.

NCAA plans to battle counterfeiters during the men’s Final Four

February 24, 2010

A National Collegiate Athletic Association posse will be supplemented by local police officers in search of unlicensed T-shirts
and other memorabilia.

Paul Tracy throws gas on fiery IndyCar debate

February 24, 2010

Race car driver Paul Tracy said IndyCar fans need to stand up and let series officials know what they want. Meanwhile, Derek Daly said the open-wheel series has turned its back on a generation of new American drivers.

Company news

February 23, 2010

The Indianapolis-area claims three of the four healthiest counties in the state, but also some of the laggards, according
to a new report by New Jersey-based Robert Wood Johnson Foundation. Hamilton, Hendricks and Boone counties ranked first, second
and fourth, respectively. The rankings were based on such things as death rates, insurance rates, socioeconomic factors and
environmental influences. However, Marion County ranked 80th out of Indiana’s 92 counties. Shelby and Madison counties
also scored poorly, ranking No. 70 and No. 79, respectively.

Most of Indiana’s life sciences business development has occurred in the “golden triangle” that runs from
Bloomington to Indianapolis to Lafayette. But the latest investment by BioCrossroads’ Indiana Seed
Fund shows some potential for cross-state development that breaks out of that mold. South Bend-based Bioscience Vaccines
Inc.
has licensed the extracellular matrix technology developed by Cook Biotech in West Lafayette.
With scientific help from the University of Notre Dame, Biosciences Vaccine aims to start a clinical trial
by year’s end. It hopes that combining Cook Biotech’s extracellular matrix with vaccines against tetanus and prostate
cancer will prove more effective than traditional delivery of the medicines. BioCrossroads will commit $400,000 to help the
company’s research.

Indianapolis-based Vortek Surgical LLC will relocate to Brownsburg, expanding its headquarters, manufacturing
and distribution operations and creating more than 60 life sciences jobs in the next three years. Founded in 2006, the company
expects to launch a consumer subsidiary in the second quarter to focus on health care products. It plans to begin hiring employees
for both the consumer and medical product divisions beginning in April. Vortek develops and markets medical devices designed
to reduce the risk of hospital infections during surgery.

Indianapolis-based Marcadia Biotech Inc. has launched a Phase 1 clinical trial of its experimental anti-diabetes
drug MAR701. The drug mimics the action of two hormones, glucagon-like peptide and gastric inhibitory peptide. Those proteins
both boost the body’s production of insulin, which is necessary to fight diabetes. Marcadia hopes to market the drug
as a once-a-week medicine to treat Type 2 diabetes.

Medco profit rises as mail-order generics business grows

February 23, 2010

The pharmacy benefits manager, which has major operations in Whitestown, said fourth quarter profit rose 24 percent.

California regulator finds Anthem Blue Cross violations

February 23, 2010

California’s insurance regulator said Monday his office has found more than 700 violations by the state’s largest for-profit
health insurer, a subsidiary of Indianapolis-based WellPoint.

Insurers warn of problems with federal regulator

February 22, 2010

President Obama’s latest push for a health care overhaul could drive health plans around the country into insolvency, according
to an insurance trade group.

Documents: Toyota boasted saving $100M on recall

February 22, 2010

Claims by Toyota in internal documents that it saved money by obtaining a limited recall from regulators in 2007 create an
even bigger challenge for the automaker's president when he testifies before U.S. lawmakers this week over quality and
safety lapses.

A closer look at WellPoint’s health insurance profits

February 22, 2010

At the heart of the debate is the question of what should be a fair profit for health insurers. WellPoint CEO Angela Braly
will likely be grilled on the issue when she appears at a Congressional hearing Wednesday.

Bayh’s war chest could play role in Senate race

February 22, 2010

Bayh, who announced last week that he would not seek a third term in the Senate, has wide legal flexibility in directing the
$12.2 million left in his campaign account.

White House plans new rules for health insurers

February 19, 2010

President Obama will release a proposal to restart the health-care debate before a bipartisan White House meeting on Feb.
25, one day after WellPoint officials testify before Congress about steep rate increases.

Obama’s stimulus aims to boost access to small-biz loans

February 18, 2010

No incentive can make a bad deal bankable. But President Obama’s stimulus measures are spurring some promising small businesses
to begin borrowing again, despite the recession.

HICKS: Tenure is protectionism in a tweed jacket

February 18, 2010

Academic tenure, with its promise of lifelong employment based upon five to seven years of work experience, is silly and
makes those of us who have pursued a career in teaching and research look disingenuous.

Pfizer’s Viagra patent partially rejected in Lilly fight

February 16, 2010

The patent on impotence drug Viagra was partially rejected after the U.S. Patent and Trademark Office said it wasn’t different
enough from a Chinese herb known as Horny Goat Weed. The patent was key to an infringement suit Pfizer filed in 2002 against
Eli Lilly and Co. over its rival Cialis drug.

Local marketing firm inks deal with Jeff Gordon

February 15, 2010

Just Marketing International signs NASCAR star Jeff Gordon to a contract sports business experts say is a multimillion dollar
deal for the local firm.

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