WellPoint beats expectations, lowers ’10 profit forecast
The Indianapolis-based health insurer earned $6.09 per share in 2009, excluding extraordinary items; it expects a $6-per-share
profit in 2010.
Health Care & Life Sciences
Articles
Lilly looks to autoimmune drugs
Two local researchers show why Eli Lilly and Co. and its peers are interested in developing medicines to treat automimmune
diseases: The costs of treating them are growing twice as fast as the prescription drug market.
Health care reform dead; long live reform
Massachusetts’ election of a Republican senator has put health reform legislation on life support. But for the health
care industry, reform is a reality that isn’t going to die.
Lilly shares get boost from OK of rival’s drug
Shares of Lilly and partner Amylin rose on hopes that their new version of Byetta will be approved following U.S. regulators’
clearance of a similar drug.
Senate bill would snuff out Indiana’s smoking-cessation agency
Anti-tobacco advocates worry cost-cutting move could seriously diminish state’s efforts to curb Hoosier tobacco use.
Indianapolis hospitals extending reach statewide
St. Vincent Health’s agreement to lease the county hospital in Salem for five years is the latest in a string of deals
by Indianapolis hospital systems seeking a statewide presence.
Indiana GOP wants to block federal health reform mandates
Republicans in the Legislature have joined their counterparts in 25 other states in trying to prevent key aspects of reform
from taking effect in Indiana.
Health care Q&A: Greg Pemberton
Greg Pemberton, a health care attorney at Ice Miller LLP, discussed the biggest changes he expects to come out of the federal
health reform bills. “It’s not going to be business as usual,” he said.
Wall Street likes wobble on health reform
With the stunning victory of Republican Scott Brown in the Massachusetts election for U.S. Senate, Wall Street analysts
expect to see a "run" on health care stocks.
State Republicans try to block health reform mandates
Joint resolutions in the state Legislature seek to amend the state constitution to block enforcement of provisions in the
federal bills that would require individuals to buy insurance and all but the smallest employers to help pay for it.
Medical imaging supplier moves to Indianapolis
Associated X-Ray Services relocates headquarters from South Bend to Indianapolis and also announces the company has changed
its name to AXS Imaging.
Orbis Education lands $8 million in venture capital
The locally based maker of nursing-education software will use the infusion to accelerate growth.
Biotech firm plans $28M Greenwood plant
Greenwood pharmaceutical firm Elona Biotechnologies plans to build a $28 million production facility and create 70 jobs to
help develop a cheaper form of insulin that could gain significant market share.
UPDATE: Marian already has three possible locations for new medical school
St. Francis and Westview hospitals are open to hosting the osteopathic-medicine school proposed by the Indianapolis Catholic
institution.
Osteopathy and Indiana Wesleyan
The Indiana Osteopathic Association passed over a virtually certain $75 million in startup funding from Indiana Wesleyan University
to choose Marian University for its new osteopathic college.
Marian University to launch state’s second medical school
The tiny Catholic institution in Indianapolis has $30 million raised toward new college that could train nearly half as many
students as the Indiana University medical school.
Clarian to resume construction at Riley Hospital for Children
It’s the latest exhalation by a local hospital after massive
investment losses and a scary economy forced them to tighten their belts a year ago.
Stericycle to expand in Indianapolis
Illinois-based medical waste disposal firm Stericycle Inc. will expand its Indianapolis operations, creating as many as 109
jobs by 2011, the Indiana Economic Development Corp. announced Wednesday.
United Hospital Services laundry co-op considers statewide expansion
The massive far-east-side facility
already launders linen
for 30 hospitals and 400 clinics in Indiana, handling more than 36 million pounds of soiled linen each year.