Lilly stock soars to all-time high on strong sales, led by Mounjaro
Much of the excitement is due to strong results from Mounjaro, which hit the market in June 2022 as a treatment for Type 2 diabetes and rang up $979.7 million in the quarter.
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Lilly reports surging profit, raises full-year guidance
The Indianapolis-based pharmaceutical company’s first-quarter performance was driven by strong sales of leading drugs for diabetes, cancer and other diseases.
Landmark Recovery seeks license reinstatement at Indiana locations
The filing comes about two weeks after the licenses were revoked by the Indiana Division of Mental Health and Addiction following three deaths at the Praxis Landmark Recovery center in Mishawaka.
Riley Children’s Foundation lands $10M gift from Walther Cancer Foundation
Walther will provide a one-for-one match for donors who establish endowed children’s cancer research funds at Riley Children’s Foundation, a move that could result in at least $20 million for research of new treatments of children’s cancers.
Lilly sued for alleged failure to warn about ‘severe’ side effects of diabetes drug
Indianapolis-based Eli Lilly and Co. and the maker of popular diabetes drug Ozempic are accused of failing to warn consumers and physicians about the risk of “severe gastrointestinal events” resulting from the use of two diabetes drugs.
Half of Indiana high schoolers feel hopeless. So why is mental health care controversial?
Mental health needs are at a peak among U.S. children and teens, but mental health support is facing an onslaught of criticism from political parent activists who say schools should strictly focus on academic instruction.
Lawsuits show emerging rift between employers, health insurers
After years of ever-inflating medical costs, American companies and union benefit plans have alleged in a series of lawsuits that the country’s biggest health insurers, including Indianapolis-based Elevance Health, are squandering their money.
Marathon Health buys Missouri firm in move that boosts membership by 32%
The acquisition will add about 300,000 members to Indianapolis-based Marathon Health’s network and expand its footprint in 15 states where the two companies do business.
California firm terminates $875M acquisition of Cook Medical unit, FTC says
The Federal Trade Commission said CooperCompanies’ decision to abandon the deal “ensures that critical reproductive health markets remain competitive.”
Spinal cord research group moving HQ to former Five Seasons club in Carmel
A Las Vegas-based not-for-profit founded by former IndyCar driver Sam Schmidt announced Tuesday that it will spend $21.4 million to purchase, renovate and equip the former Five Seasons Family Sports Club facility, which closed in 2017.
Indiana Planned Parenthood clinics stop offering abortions despite pause in ban
Rebecca Gibron, CEO of Planned Parenthood Great Northwest, Hawaii, Alaska, Indiana, Kentucky, said the clinics will help patients access abortions in other states and provide gender-affirming hormone care for people over 18.
ACLU of Indiana asks state high court to keep near-total abortion ban on hold
The petition seeking a rehearing will delay the ban from taking effect as soon as Tuesday while the Indiana Supreme Court considers the matter.
Brain fog, other long COVID symptoms focus of new small treatment studies
Scientists don’t yet know what causes long COVID, the catch-all term for about 200 widely varying symptoms.
Most employers aware of staff mental health struggles, survey says
An overwhelming 93% of respondents at least somewhat agreed that it “makes good business sense” to recognize and respond to mental health dilemmas, but far fewer said they were prepared.
Indiana revokes licenses for three addiction treatment centers after deaths
The Indiana Division of Mental Health and Addiction revoked the license for Praxis Landmark Recovery in Mishawaka and sister facilities in Bluffton and Carmel, the company said.
City deploys clinicians, specialists to deal with downtown mental health crises
Under a pilot program started this month, individuals in distress in downtown Indianapolis have been able to call 911 to receive assistance from the Clinician Led Community Response team.
Biden administration proposes new rules to boost mental health coverage
The rules, if finalized, would force insurers to study patient outcomes to ensure the benefits are administered equally, taking into account their provider network and reimbursement rates and whether prior authorization is required for care.
Almost 36K Hoosiers lost Medicaid coverage under ‘unwinding’ last month
The number of Hoosiers who lost Medicaid coverage due to an “unwinding” of COVID-19 protections decreased significantly in June
Tornado damage to Pfizer plant likely to cause long-term drug shortages
The fallout from a Pfizer factory being damaged by a tornado could put even more pressure on already-strained drug supplies at U.S. hospitals, experts say.
Franciscan Health parent to shift 61 employees to outside firm
The moves will affect employees in Indianapolis, Beech Grove, Lafayette, Michigan City, Dyer, Crown Point and Munster.