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Articles

In race to develop obesity drugs, Roche acquires California biotech for $2.7B

December 4, 2023 | John Russell

The company, Carmot Therapeutics, has numerous drugs under development. Its lead asset is a once-a-week injection that is in mid-stage development for the treatment of obesity.

Made in Indiana: Professor Torbert’s Orange Corn products by NutraMaize

November 24, 2023 | Peter Blanchard

The bright orange corn, which is derived from varieties that originated in South America and the Caribbean, is designed to be milled into cornmeal, grits and polenta, rather than eaten off the cob.

Roche to buy bowel drugmaker Telavant for $7.1 billion

October 24, 2023 | Bloomberg News

Roche has come under pressure to improve its pipeline with medicines it can commercialize soon as a windfall of revenue from products used in the COVID-19 pandemic comes to an end.

IU, Purdue to study impact of READI economic development program

October 16, 2023 | Peter Blanchard

The Indiana READI program has provided funding for more than 360 economic development projects since it was launched in 2021.

Made in Indiana: Accu-Chek blood-glucose test strips by Roche Diabetes Care

October 13, 2023 | Taylor Wooten

History: Roche Diagnostics Corp. is a division of Roche, the world’s largest biotech company and a global pioneer in pharmaceuticals and diagnostics. The Indianapolis division began as locally based Bio-Dynamics, in 1964. It produced the first device that could test blood-glucose levels without requiring that blood be sent to a laboratory. Amsterdam-based Boehringer Mannheim Corp. […]

Local industrial demand cooling as brokers look to fill massive buildings

September 15, 2023 | Mickey Shuey

The slowdown in leasing activity, which began late last year, is putting some developers in a tricky spot.

MBX Biosciences gets FDA green light to move second drug into human testing

August 7, 2023 | John Russell

The U.S. Food and Drug Administration gave the green light to MBX to test a drug for post-bariatric hypoglycemia,  a rare disease and a serious complication of bariatric surgery, the company said Monday.

Dr. Enrico Repetto: We need health-savvy kids to stem diabetes epidemic

July 14, 2023 | Dr. Enrico Repetto

Awareness, understanding, nutrition and regular physical activity can teach lifelong healthy habits and stave off obesity, diabetes and other chronic diseases.

Fishers-based biosciences firm Quantigen acquired by Versiti

July 10, 2023 | Daniel Bradley

Quantigen employs 46 people at its office at 10300 Kincaid Drive, and it will retain its name following the deal.

Eviction filings 50% higher than in pre-pandemic in some cities as rents rise

June 18, 2023 | Associated Press

After a lull during the pandemic, eviction filings by landlords have come roaring back, driven by rising rents and a long-running shortage of affordable housing.

Bud Light, top U.S. seller since 2001, loses sales crown after backlash

June 14, 2023 | Associated Press

Mexican lager Modelo Especial overtook Bud Light in U.S. retail dollar sales in the month ending June 3.

IndyStar employees to join Gannett protest by withholding bylines

June 5, 2023 | The Washington Post and IBJ Staff

Employees for two-dozen publications at the largest newspaper chain in the country were scheduled to walk off work for a day or two starting Monday, but journalists at the Indianapolis Star planned a smaller protest.

indystar-1-450bp.jpg

Purdue inks another international semiconductor agreement

May 22, 2023 | Alex Brown, Inside INdiana Business

The agreement is the third global semiconductor partnership involving Purdue University announced this month.

Indy’s landmark Pyramids are undergoing a facelift

May 19, 2023 | Sam Stall

KennMar is investing millions of dollars to remodel and refurbish the office park. The company declined to give a precise price tag for the project but acknowledged it is a little shy of the original $12 million it cost to build the complex more than 50 years ago.

Lilly overtakes rival J&J in market cap to become world’s most valuable drugmaker

May 17, 2023 | John Russell

Eli Lilly and Co. shares have soared 57% over the past 52 weeks, buoyed in part by sales of its diabetes drug Mounjaro, which the company is also preparing to seek approval to market for obesity.

What GOP’s plan for Medicaid work requirements would mean

April 29, 2023 | Associated Press

More than a half million of the poorest Americans could be left without health insurance under legislation passed by House Republicans that would require people to work in exchange for health care coverage through Medicaid.

Mark Montieth: ‘The greatest guy who ever walked in shoe leather’

April 28, 2023 | Mark Montieth

The Indianapolis News writer was so respected that his passing in October 1962 was treated as a major story in the local newspapers, even one he didn’t work for.

Saudis, other oil giants announce surprise production cuts

April 2, 2023 | Associated Press

The cuts total up to 1.15 million barrels per day from May until the end of the year, a move that could raise prices worldwide.

yir-june-gas-450bp.jpg

Fishers-based biotech startup aims to grow from the gut

March 31, 2023 | John Russell

BiomEdit LLC was set up last year by Greenfield-based Elanco Animal Health and Boston-based Ginkgo Bioworks to make everything from food to therapeutics for animals. It’s already raised $36.5 million in venture capital for its work.

Life sciences industry booster BioCrossroads girds for new challenges

March 24, 2023 | John Russell

Patricia Martin, the group’s president and CEO since 2019, last month announced she would step down to examine opportunities in the private sector and urged industry leaders to take a fresh look at the organization.

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