Indiana bill proposes felony charge if doctor misuses sperm
The Indiana Senate has approved a bill allowing felony charges if the deception involves a medical procedure, device, drug or human reproductive material.
Health Care & Life Sciences
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Amazon’s latest target is pharmacy disruption
As the online retailer has moved into new industries over the years, consumers have flocked to it and numerous traditional retailers have closed their doors, unable to compete.
Shelbyville hospital to partner with YMCA on indoor pool, health center
Major Health Partners is providing most of the money for the project—$15 million—and the city of Shelbyville and Shelby County each are committing nearly $1.6 million.
IU Health Foundation raises $19.1M in first full year
The new fundraising arm of IU Health said it exceeded its first-year goal by more than 300 percent, allowing it to expand its grants program statewide.
Indy startup Outpost Medicine draws in big money to develop drug therapies
For a startup that has raised an eye-popping $71 million in just three years, Outpost Medicine LLC likes to keep a low profile. The young company, which is developing drugs for urinary and gastrointestinal disorders, is headquartered in small, unmarked space at the Parkwood Crossing office complex on East 96th Street. It has issued only a […]
Eli Lilly negotiated its largest deal ever at breakneck speed
When the Indianapolis-based drug giant made its initial offer Dec. 20, it said it wanted to seal the deal before the J.P. Morgan Healthcare Conference, which ran Jan. 7-10 in San Francisco.
Activist investor cuts DowDuPont expectations ahead of split into three companies
One of the three breakaway companies—ag division Corteva—has significant operations in Indianapolis. Corteva will be separately traded starting June 1.
Cook Medical ordered to pay $3M to patient hurt by blood filter
The Bloomington-based maker of medical devices said Wednesday it would appeal the verdict of a federal jury in Indianapolis, which found the device was defectively designed. More than 4,000 patients have filed lawsuits.
Lilly shares dip due to drug failure, lowered forecast
The Indianapolis-based pharmaceutical giant on Wednesday tempered expectations for its earnings in 2019 after a promising cancer drug failed to pan out and the firm prepared for big acquisition.
Community’s new east-side digs feature big ER, modern amenities
When the $175 million hospital opens in stages over the next two weeks, patients and visitors will see a major upgrade in facilities.
For hospitals, babies are big business
For hospitals, maternity care builds relationships with young families that often last for decades. About 40 percent of women experience their first encounter with hospitals for reproductive services.
Harvard study involving Anthem unit finds older insulins are both safe, cheaper
Increasingly, top researchers are questioning whether drugs such as Lantus from Sanofi, Levemir and Novolog from Novo Nordisk A/S, and Humalog from Eli Lilly and Co. are really needed for many patients.
Health care systems increasingly allowing patients to rate doctors
Indiana University Health and Community Health Network have joined the national trend of posting online reviews, in a quest to win prospective patients and boost transparency.
Lilly wins national award for advancing women in the workplace
The Catalyst Award recognizes companies that excel in addressing recruitment, development and advancement of women. Today, nearly half of Lilly's senior leadership is female, up from 20 percent four years ago.
Fast-growing Activate Healthcare acquired by Denver firm
The Indianapolis-based provider of health clinics for businesses has grown to 250 employees in 10 years. But it recently started looking for another owner.
Senators ask FDA to update rules on CBD, hemp products
Congress legalized the production and sale of industrial hemp and hemp derivatives, including CBD. But FDA Commissioner Scott Gottlieb has restated his agency’s stance that CBD is a drug ingredient and therefore illegal to add to food or health products without his agency’s approval.
Walmart to leave CVS pharmacy network
The dispute between the world’s largest retail chain and the prominent pharmacy-benefits manager could roil the business of filling prescriptions.
Disgraced nursing-home CEO wants felony convictions tossed
The ringleader in one of the largest corporate-fraud cases in Indiana in recent years says his legal team at Barnes & Thornburg failed to disclose a “profound conflict of interest.
Local hospitals beginning temporary restrictions for visitors
Indianapolis hospitals are among those in the state imposing restrictions on visitors to try to curb the spread of flu.
Would-be dealmakers warn of M&A, IPO delays due to shutdown
A prolonged shutdown could muddle Eli Lilly and Co.’s plan to unload its stake in Elanco Animal Health Inc., the unit it spun off last year, Lilly CEO Dave Ricks said.