AstraZeneca CEO warns U.S. pricing rules will delay new drugs
U.S. legislation requiring price negotiation for top-selling medicines will delay the launch of new drugs, AstraZeneca CEO Pascal Soriot warned.
Government & Economic Development
Articles
Panel to recommend what could be next for marijuana
An interim study committee has been tasked with studying the potential health benefits and consequences of Delta-8, Delta-9 and other THC products, as well as the possibility of decriminalizing marijuana possession.
$188 million Purple Line moving toward 2024 completion
But there’s still a lot of work to do. Building of passenger stations has yet to begin; all progress so far has laid the groundwork for future construction.
Indiana lawmakers send spending, inflation-relief bill to governor
The measure uses more than $1 billion in reserve accounts to send $200 checks to millions of eligible Hoosiers, including hundreds of thousands of Hoosiers utilizing Social Security or disability benefits.
SkyWater project critical in microelectronics push
The proposed $1.8 billion semiconductor facility at Purdue University isn’t as flashy as chip-related announcements in other states, but it might be the IEDC’s most significant step so far in reviving the state’s once-booming electronics industry.
Indiana abortion clinics could face rough future under proposed restrictions
The clinics are in the crosshairs of the Indiana General Assembly and are likely to face a sharp drop-off in business if current legislation passes that would significantly restrict access to abortion.
Fishers prepares for City Hall demolition, new complex
Municipal employees will leave City Hall on Friday for the final time. The 31-year-old building will be demolished this fall so construction can begin on the $22.8 million Fishers Arts & Municipal Complex.
Doctors, hospitals face confusion about abortions
As the Legislature prepares to convene for a special session to consider abortion-related legislation, some doctors are worried about possible criminal liability they might face for providing abortions, even to save the life of the mother.
As Pence considers 2024 run, he seeks distance from Trump
Advisers and allies say they think former Vice President Mike Pence is likely to run for president, and insist he will not base his decision on whether Trump chooses to run again.
U.S. Senate votes to consider $52 billion in semiconductor funding
The 64-34 procedural vote on Tuesday night met the criteria set by Senate Majority Leader Chuck Schumer to add research and development initiatives circulated by Republican Todd Young of Indiana and Democrat Kyrsten Sinema of Arizona to the legislation, which could be passed by the Senate next week.
Republicans warm to $52B computer chip incentives bill
Commerce Secretary Gina Raimondo said that chipmakers are making decisions now about where they need to locate plants to keep up with global demand, and that foreign competitors are courting those companies with financial aid.
Indiana has a $6.1 billion surplus. Will taxpayers get some of it back?
As the Legislature prepares to consider Gov. Eric Holcomb’s proposal to return $1 billion of the surplus to taxpayers, some legislators and business leaders question whether that’s the best use of the windfall.
Panasonic picks Kansas for $4B, 4,000-employee battery mega-factory
The company and Gov. Laura Kelly announced the new project Wednesday, just hours after Kelly and eight top leaders of the Kansas Legislature signed off on a package of incentives worth $829 million over 10 years.
Biden administration: Docs must offer abortion if mom’s life at risk
The Biden administration on Monday said federal law on emergency treatment guidelines preempts state laws in jurisdictions that now ban the procedure without any exceptions.
State plans new I-65 exit near Boone County’s innovation district
INDOT wants to build an interchange at West County Road 300 North that would serve the planned 7,000-acre LEAP Innovation and Research District.
Boone County plans $59.1M jail expansion
The council approved the project on June 14 by a 4-3 vote following months of debate between the council and the Boone County Commissioners.
Elevate Ventures taps local entrepreneur Christopher Day as next CEO
Christopher Day, the CEO and cofounder of Indianapolis-based marketing tech firm DemandJump, will take over as CEO of the Indianapolis-based organization on July 18.
Commission says $250M investment needed for Indiana public health
A commission tasked with reviewing Indiana’s public health infrastructure has found spending per capita lags and is set to pitch a significant investment.
State tourism agency plans to ask for huge funding boost
Tourism officials are introducing a campaign they hope will set the stage for a significant funding increase from the General Assembly next year.
State takes steps to build on success of Indy Autonomous Challenge
The IEDC has contributed $3.4 million toward creating the Indy Innovation Challenge, to encompass both the Indy Autonomous Challenge and potential future competitions focused on performance automation technology.