Articles

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IU Health hopes new robotic warehouse saves it millions

The Indianapolis-based system has spent $9 million on the “high-tech integrated service center,” but hopes to save up to $3 million a year through standardizing inventory, ordering in bulk at a discount, and streamlining delivery routes.

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Biotech startup lands $1.8 million in funding

The investors in Scioto Biosciences include locally based Elevate Ventures, a private venture development organization; locally based BioCrossroads, a public-private collaboration that supports Indiana's life-sciences sector; and Ohio-based Rev1 Ventures.

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Study finds that generic drugs suffer more recalls

Researchers from three universities, including Indiana University, have found that price competition in the generic drug market might be putting more patients at health risk due to a higher number of manufacturing-related product recalls.

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