By the year 2020, the United States is expected to face a nationwide shortage of at least 1 million nurses. Fishers-based
Orbis Education Services Inc. CEO Dan Briggs sees a potential profit center. Founded in 2003, IT startup Orbis aims to provide
the link between universities and hospitals for online delivery of nursing courses.
After studying every U.S. city with minor-league sports but no major league teams, Street & Smith’s Sports Business Journal concluded that Ft. Wayne was the nation’s No. 1 minor league sports town. Rounding out the top five were Hershey-Harrisburg, Penn., Oklahoma City, Okla.; Rochester, N.Y., and Reading, Penn.. Cities were judged on number of teams, […]
Roche Diagnostics is sharing in the publicity this afternoon as the journal Science releases a study that identifies a virus involved in the sudden death of billions of honeybees. About half a dozen employees of Roche subsidiary 454 Life Sciences collaborated with researchers at Columbia University to conduct the study, which was posted on the […]
Central Indiana’s fifth-largest life science firm has a new majority owner. DCL Medical Laboratories today announced that St. Louis-based private equity firm Thompson Street Capital Partners has acquired controlling interest. Terms were not disclosed. Founded in 1983 and located at 9550 Zionsville Road, DCL has 209 employees. Specializing in women’s health, DCL provides diagnostic testing, clinical […]
After unwrapping his luggage from its seal of shrink-wrap, Mark Long reviewed his notes for the upcoming seminar. He hardly needed them. Long, CEO of Indiana University’s Research and Technology Corp., has spoken many times about how academics transfer their research discoveries to the market. But this was the first time he ever delivered the speech in Siberia. The audience-a group of business and academic leaders-ultimately could help Hoosiers access a treasure-trove of Russian technologies. “They have a lot of…
Business networking Web sites are all the rage, but there’s a learning curve to using them effectively What’s the best way to introduce a colleague to a potentially valuable business contact? Where should you place a name tag for the most optimal viewing by others? Which one is the salad fork? Such burning questions have plagued many a professional seeking to stand out in the business world. And while reaching for the incorrect utensil at an important dinner with clients…
Merck & Co. Inc. turned to Roche Diagnostics, which has its North American headquarters in Indianapolis, to help it win regulatory approval in October for its new HIV drug, Isentress. New Jersey-based Merck tested patients during clinical trials with Roche Diagnostics’ viral-load test, called COBAS HIV-1 AMPLICOR. Roche’s HIV-1 viral-load test has been the predominant choice in HIV anti-retroviral clinical drug trials since 1996. Merck’s new drug is an integrase inhibitor, which prevents replication of HIV by blocking insertion of…
Autoline Industries Inc., an Indian parts supplier to car, recreational vehicle and tractor manufacturers, has acquired the North American jack and tool-kit business of Dura Automotive Systems Inc. of Rochester Hills, Mich. The sole location where the Dura unit makes the jacks and tools is in the northeastern Indiana town of Butler. The 140 employees […]
Stitches & Scones Entrepreneur sews together her enterprises Yarn-store owner finds ways to keep doing what she loves Mollianne Cameron took a page from the book of successful businesses with her current business, Stitches & Scones, and two planned ones: Crafty Capers and The Amish & Antique Quilt Store. Each retail venture marries business to Cameron’s passion for knitting, crocheting and hand stitchery. The lesson: Do what you love and the money will follow. Growing her own customers was another…
For the last two months, two academics at Indiana University and Purdue University have been discussing how the institutions
can work together to rev up research in medicine and life sciences and, in the process, boost Indiana’s economy.
Roche has successfully turned a hostile takeover bid into a friendly one, winning over the board of Ventana Medical Systems Inc. by hiking the price it would pay by 19 percent. Swiss-based Roche, which operates its North American diagnostic division out of Indianapolis, would pay $3.4 billion under a merger agreement signed by the boards […]
The state’s economic development leaders have been touting 2007 as a banner year that brought commitments for more than 22,000
new jobs, including positions in manufacturing, logistics and life sciences. But almost 20 percent of the announced jobs would
be in call centers–jobs that typically pay near or below the state’s $35,000 average annual wage.
UPDATE (March 11): The Chicago Tribune and Street & Smith’s Sports Business Journal are reporting today that officials for Comcast Cable and the Big Ten Network are closing in on an agreement to put the channel on an expanded basic tier. One…
Growth at Roche Diagnostics will push across 96th Street and take over the Marsh Supermarkets headquarters building, Roche announced today. By the end of 2010, Roche will transfer roughly 340 jobs to the new location from its campus in the northeast corner of Marion County, which serves as the company’s North American headquarters. Swiss-based Roche, […]
JPMorgan Chase has cut 100 workers from its downtown operations in Chase Tower, according to spokeswoman Nancy Norris. All of the workers are in Chase’s home-equity lending processing area, Norris said. Chase eliminated another 350 workers in other cities, primarily in Rochester, N.Y. The cuts are “due to the slowdown in home-equity lending,” Norris said. […]
Most free-lance writers eke out a living. The most fortunate live comfortable lives. But Mindy Mascaro turned her freelance writing business into a thriving company. Carmel-based ExaroMed LLC is now producing sales and marketing content for the like of Roche Diagnostics, Eli Lilly and Co. and Amgen Inc. It has also served smaller life sciences companies such as Indigo BioSciences Inc. and Cheetah Medical Inc. The company has zoomed from six employees to 20 in the last year. It’s already…
Roche Diagnostics announced late this afternoon that it was transferring 300 local jobs to Germany. The company, which employs 2,800 locally, said moving the jobs-most of which are in operations and R&D-makes sense because similar positions already are there. Swiss-based Roche makes pharmaceuticals and medical equipment. The jobs are expected to shift to Germany over […]
Small Towns, Big Business Hospitals mixed bag for rural economies WILLIAMSPORT-To see the economic impact hospitals have on Indiana, this town of 1,900-which boasts its county’s only stoplight-provides a good view. The 16-bed St. Vincent Williamsport Hospital is the fourthlargest employer in Warren County, where Williamsport is the seat, and pays wages that are 60 […]
Around Indiana, hospitals continue to grow and add workers, increasing their role as an economic driver to the state’s economy.
But health care reformers say hospital growth has a double edge, as higher health care costs dampen growth prospects for other
Indiana employers and their workers.
Tiffany Olson has resigned as CEO of Roche Diagnostics’ North American headquarters for “personal reasons,” the company announced this morning. Olson’s replacement is Michael Tillmann, who has been head of Roche’s Asia-Pacific region, based in Singapore. Tillman will arrive in Indianapolis on Thursday, according to Roche spokeswoman Doyia Turner. Olson said she was resigning for […]
