Dow tightens grip on prized Indianapolis unit
Locally based Dow AgroSciences, one of Indianapolis’ top employers, may not be going on the sale block after all.
Locally based Dow AgroSciences, one of Indianapolis’ top employers, may not be going on the sale block after all.
After two mega-mergers last week among pharma companies, the buzz grew deafening with speculation about future mergers, including the possibility of Eli Lilly and Co. linking up with Bristol-Myers Squibb Co. Indianapolis-based Lilly has steadfastly said it’s not interested in big mergers. But even if Lilly wanted to merge, does it have the capital to […]
Indiana was praised yesterday as a national leader in new methods of teaching and learning in high schools. The Cincinnati-based KnowledgeWorks Foundation joined Indiana Gov. Mitch Daniels in announcing that it is giving $10 million to the New Technology Foundation (New Tech), based in Napa, Calif. Both organizations promote so-called high-tech high schools. Lecture time […]
Several venture capitalists — a generation younger than most in the profession — are establishing themselves in Indianapolis.
If angel investors have any hair left, it’s usually gray from a lifetime spent in entrepreneurship. That’s what makes Gravity Ventures LLC unusual. The 15 professionals who recently formed the $1 million fund are all in their 30s. “The folks in our group are still in the ‘doing’ part of their careers, so that brings […]
Financially strapped Dow Chemical Co. acknowledges it may sell Indianapolis-based Dow AgroSciences LLC, the ag-chemicals-and-biotech
firm that’s one of the biggest jewels in the city’s life sciences crown.
Financially strapped Dow Chemical Co. acknowledges it may sell Indianapolis-based Dow AgroSciences LLC, the ag-chemicals-and-biotech firm that’s one of the biggest jewels in the city’s life sciences crown. Dow Chemical CEO Andrew Liveris said on a Feb. 3 conference call with analysts that the Midland, Mich.-based company has teams working with investment banks to evaluate […]
President Barack Obama’s economic stimulus bill provides a big opportunity for the Indianapolis-based Indiana Health Information Exchange to spread its expertise around the country. The organization created a company called Mergetics Inc. last year to help other cities set up health information networks similar to the Indiana Health Information Exchange. Obama’s bill, as it currently […]
Spotlight on Hamilton County Named for Alexander Hamilton, a member of the Continental Congress and a framer of the U.S. Constitution 5 LARGEST CITIES/TOWNS population Carmel ……………………………………….68,677 Fishers ……………………………………….65,382 Noblesville ………………………………….41,561 Westfield …………………………………….20,459 Cicero ………………………………………….4,439 Sources: U.S. Census Bureau special census (Fishers and Carmel) and July 2007 estimates 5 LARGEST EMPLOYERS employees Roche Diagnostics………………………….3,650 Conseco […]
Locally based Dow AgroSciences, one of Indianapolis’ top employers, may not be going on the sale block after all. Parent company Dow Chemical Co.of Midland, Mich., started the year in a frenzied hunt for cash. And the company’s CEO, Andrew Liveris, acknowledged in February that it might sell the Indianapolis ag-chemicals- and-biotech company “even though […]
Butler University’s MBA program — once at risk of being eliminated — has been revamped to include more real-life
professional experiences, and enrollment has increased 63 percent.
Roche Diagnostics Corp. will cut 200 positions from its Indianapolis work force in what a spokeswoman called “a normal course of assessing the business.” Switzerland-based Roche, which makes medical devices such as glucose meters, employs roughly 2,600 people here as part of its North American headquarters and research-and-manufacturing operations. All of the cuts will come […]
Columbus philanthropist J. Irwin Miller’s family is poised to donate his majestic home to the Indianapolis Museum of Art,
provided it can raise millions of dollars to maintain the sprawling Bartholomew County property. IMA board members have given
CEO Maxwell Anderson the go-ahead to seek funding for an endowment to care for the home.
The future of medicine is personal. That’s been the mantra of the pharmaceutical industry for the last decade-since the human genome was sequenced for the first time. But before Eli Lilly and Co. and its peers can develop and sell drugs that treat only patients with a specific gene, it needs sophisticated devices to test if a patient has that gene. And those devices need sophisticated software to make them run. That’s where The RND Group Inc. comes in. The…
Schwab Corp., a Lafayette company founded shortly after the Civil War, has been acquired by another manufacturer of safes, Rochester, N.Y.-based SentrySafe, for an undisclosed price. Schwab employs 105, including 80 at its manufacturing plant in Cannelton. In addition to safes, the company makes files, cabinets and vault doors. SentrySafe makes residential and small office […]
Two giants of local business are preparing to slug it out in court over a soured sublease deal. Marsh Supermarkets filed
suit in Hamilton County this month to enforce a deal with Swiss pharmaceutical and medical-equipment powerhouse
Roche to sublease the grocer’s entire 148,000-square-foot headquarters in Fishers. The deal, worth more
than $47 million over 18 years, is one of the largest of its kind in central Indiana in years.
Virginia-based Gannett Co. Inc. yesterday named Michael G. Kane to replace outgoing Indianapolis Star publisher Barbara Henry. Henry, 55, retired suddenly on June 27; her departure is effective Aug. 1. Kane was publisher of the Rochester Democrat and Chronicle in New York and regional vice president of the company’s East Publishing Group. Unlike Henry, who […]
Sky-high oil prices have rekindled an industry in east-central Indiana that many thought had run its course a century ago.
A handful of wily prospectors motivated by oil prices approaching $150 a barrel are betting that’s not the case.
The Indianapolis Indians had a big weekend. The Indians won two out of three from Rochester but all three games were monetary winners for the AAA minor league baseball franchise.
Mostly blue skies along…
By conducting market research for some of the largest pharmaceutical companies in the world, locally based G&S Research Inc. has grown into a $10 million firm. But founders have even higher expectations for their G&S Discovery division, which was formed two years ago. Its flagship product, Navigrant, provides a database of government grant awards for national biomedical research. The total market worldwide for life sciences research is estimated at $45 billion. Navigrant has compiled information on 450,000 awards from 60…