Indianapolis-based medical device startup NICO Corp. announced it will introduce its first commercial product today at the American Association of Neurological Surgeons conference in San Diego. NICO, which stands for Neuro Interventional Co., was founded last year by a core group of entrepreneurs who had previously formed medical-device maker Suros Surgical Systems Inc., one of […]
Indianapolis-based medical device startup NICO Corp. announced it will introduce its first commercial product today at the American Association of Neurological Surgeons conference in San Diego. NICO, which stands for Neuro Interventional Co., was founded last year by a core group of entrepreneurs who had previously formed medical-device maker Suros Surgical Systems Inc., one of […]
I wrote an article about the Indy Racing League’s long-term future for this week’s IBJ print edition that is getting quite a bit of attention from our readers. There are several reader comments…
Critics say the Legislature’s plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial
burden on already ailing businesses with the least ability to pay.
Compared with some of his pharmaceutical CEO peers these days, John Lechleiter has his company on a diet. Instead of using a mega-merger to bulk up before the famine that patent expirations will bring on the industry next year,
Lechleiter has Eli Lilly and Co. burning management fat while looking for smaller companies to munch on.
Though plagued by debt, Allison Transmission recently plowed millions of dollars into experimental technology that could lead
to new products.
Indy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down
the open-wheel series if it didn’t break into the black soon.
HEALTH CARE Pharma sets sail to China Drug companies-including Indianapolis-based Eli Lilly and Co.-are looking to ramp up sales internationally as the U.S. market contracts for the first time in 50 years. Sales of pharmaceuticals will fall 1 percent to 2 percent in the United States this year, according to a revised forecast from Connecticut-based […]
MEDIA & MARKETING Panther Racing sues Pathway Productions Indy Racing League team Panther Racing has filed a lawsuit against locally based video and Web production company Pathway Productions, which is now owned by Mays Chemical Co. President William Mays. The lawsuit seeks $1.58 million. Panther co-owner John Barnes claims Pathway failed to develop Web-based interactive […]
Compared with some of his pharmaceutical CEO peers these days, John Lechleiter has his company on a diet. Instead of using a mega-merger to bulk up before the famine that patent expirations will bring on the industry next year, Lechleiter has Eli Lilly and Co. burning management fat while looking for smaller companies to munch […]
Indy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down the open-wheel series if it didn’t break into the black soon. When pressed about the possibility of being profitable by 2013, George responded, “It has to be, or or there won’t be a […]
The Legislature’s plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial burden on already ailing businesses with the least ability to pay. That’s the assessment of the Indiana Chamber of Commerce and Indiana Manufacturers Association, which are howling in protest at Gov. Mitch Daniels’ refusal to veto […]
Though plagued by debt, Allison Transmission recently plowed millions of dollars into experimental technology that could lead to new products. The company entered a $10.4 million deal in March with Torotrak plc, a British firm that’s been trying for more than a decade to bring its gearless transmission to market. “When I saw Allison tie […]
Missed the Stephen Sondheim/Scott Simon chat that occurred on the stage at IU Auditorium last night? Sorry to hear that. It’s not the same thing as being there, but I’ll empty the notebook for those who weren’t part of the sizable crowd…
When Ed Pegler was laid off from his highway construction job four months ago, the 47-year-old father of two didn’t know when he’d be back to work. Then the phone rang. There was a job, paid for by the federal stimulus law. It’s a story the White House hopes to repeat 3.5 million times, to […]
Volunteer managers say they’ve seen an influx this year of people who’ve lost their jobs, as well as students who are anticipating a tough market after graduation. The volunteers are welcome, especially as charities themselves have fewer paid employees.
Carmel businessman Dan Laikin finds himself in the awkward spot of denying wrongdoing at the same time the three men accused
of conspiring with him in a stock-manipulation scheme are admitting guilt.
ChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which
is struggling to turn a profit in a dismal advertising climate, but he hasn’t left. "Brad is still engaged with the company
as a director, co-founder and consultant," said co-founder and CEO Scott Jones.
These days, the "buy local" crowd seems to have a stronger voice. I am gleeful about this for a variety of reasons, but it
is helpful to view some of their claims with a bit of skepticism. At least that is what economists should do.
Architecture and urban design students from Ball State have created a vision for urban renewal that is arguably more compelling
than the Central Indiana Regional
Transit Authority’s principal, utilitarian goal of reducing northeast-side highway congestion and air pollution by running
a diesel commuter train atop the old Nickel Plate Railroad corridor.
