Lilly extends research pact with India firm
Jubilant Organosys Ltd. and Indianapolis-based Eli Lilly and Co. extended their collaboration, which began in 2005, by five
years.
Health Care & Life Sciences
Articles
Grain Dealers finalizes affiliation with Florida firm
Indianapolis-based Grain Dealers Mutual Insurance Co., one of the largest property-casualty insurers in the state, has closed
on a deal to became part of The Main Street America Group, the Jacksonville, Fla.-based company said Tuesday morning.
Express Scripts closes $4.7B deal to buy WellPoint pharmacy unit
St. Louis-based Express Scripts Inc. has completed its $4.7 billion acquisition of WellPoint Inc.’s pharmacy benefits
management business, the company said Tuesday.
Lilly’s Cymbalta wins new approval for anxiety disorder
FDA action should boost sales of the Eli Lilly and Co. drug, which were already on pace to top $3 billion this year.
Downtown life sciences corridor flagged for development
A new task force is charged with making recommendations for development of the city’s downtown certified technology
park.
HICKS: New breast cancer recommendation not supported
Under the current proposal, the same type of groups that made the CDC’s recommendations will outline guidelines about which treatment will be offered under a government program.
St. Vincent-Novia clinic partnership cuts out insurance middleman
The St. Vincent Health hospital system has joined with Indianapolis-based Novia CareClinics LLC to set up clinics on employers’
campuses, offering health care for their workers with no insurance companies involved.
Employer costs surge despite low inflation
Employers are seeing their health care costs rise even though inflation is at a virtual standstill.
Hillenbrand profits rise despite revenue declines
Improved investment returns and lower costs on diesel fuel and raw materials used in Hillenbrand’s products helped improve
company earnings
Group to rally for saving parts of current health care system
Doctors for Patient Care says doctors and patients need to get involved in the current debate over health care to preserve the good qualities of the current health care system while fixing its problems.
Lilly snags talent kudos
Fortune magazine ranked the drug company among the best in the world for managing talent.
Lilly stock droops after rival claims faster-acting impotence pill
California-based Vivus claims its drug acts in 30 minutes, compared with about 2 hours for Lilly’s Cialis.
Indiana No. 3 in premium surge
Health insurance costs have spiked 136 percent in past decade, more than three times more than wage growth.
Arcadia sees bigger quarterly loss on lower revenue
Health care company Arcadia Resources Inc. saw growth in pharmacy business, offset by slower medical staffing sales.
Zimmer offering seeks $1B
The Indiana-based orthopedic implant maker plans to use the proceeds to pay down debt and for general corporate purposes.
Health reform prods partnership of St. Vincent, OrthoIndy
The specter of declining reimbursement, as well as the desire for statewide growth, lie behind St. Vincent Health’s decision
to form a physician management firm with OrthoIndy and buy a minority stake in its Indiana Orthopaedic Hospital.
St. Vincent, OrthoIndy form partnership
St. Vincent Health has acquired a minority interest in Indiana Orthopaedic Hospital and is in discussions with OrthoIndy physicians
and other independent doctors to create a management company that would oversee orthopaedic and spine services at St. Vincent
Indianapolis. The health care providers announced the deal early Friday.
Indiana near top in smoking survey; national rate rises
A survey found cigarette smoking rose slightly on a national basis for the first time in almost 15 years and that Indiana
had the second highest smoking rate among states.
New Anthem pay-for-performance program gives docs $3.1M
Anthem Blue Cross and Blue Shield of Indiana is doling out $3.1 million to Indianapolis-area doctors—its first payments
based on a local quality measuring system.
Aarden Pharmaceuticals chose Indianapolis over San Diego for headquarters
Thanks partly to a state grant and support from Indiana’s BioCrossroads life sciences initiative, principals “decided
locating here would give Aarden a better chance of success.