West Lafayette biotech raises $40M to develop cancer-imaging drugs
The company said the funds would help it test its lead compound in late-stage clinical trials, allowing surgeons to detect cancerous cells with the help of fluorescent dyes.
Health Care & Life Sciences
Articles
IU Health pushes further into Fort Wayne, a market in upheaval
The Indianapolis-based health system said it will open a primary-care medical office in Fort Wayne early next year, and is examining “a long-term presence” in the market.
Aetna shares surge after reports of $66B offer from CVS
A deal would create a health-services giant and a bigger competitor for UnitedHealth Group Inc., which is the largest U.S. health insurer and has its own own clinics and a pharmacy-benefits unit.
Tiny hospitals project hefty profits, but not all are sold on rosy outlook
St. Vincent’s new “neighborhood hospitals” are so small you fit three on a football field. But there’s nothing small about the profits the hospitals might rack up.
Eskenazi Health getting national recognition for healthy, fresh food
A movement is burgeoning at the hospital system to lead by example in food and nutrition.
Walgreens to close 600 stores as part of Rite Aid deal
Walgreens has more than 50 stores in the Indianapolis area. Rite-Aid operates 10 stores in Indiana, but none in the Indianapolis area.
Study: Premiums for popular Obamacare plan up 34 percent
Premiums for the most popular Obamacare plans are going up an average of 34 percent nationwide, according to a new study. But the increases aren’t as high in Indiana.
States lose push to force Trump to restart health subsidies
A U.S. judge on Wednesday rejected a request from 18 states and the District of Columbia and scolded the coalition for claiming health care costs would rise without federal help.
Fertility doctor expected to admit lying to investigators
An Indianapolis fertility doctor accused of inseminating patients with his own sperm will appear in court for a change-of-plea hearing.
Anthem shares jump after acquisition, improved forecast
Anthem Inc. exceeded Wall Street third-quarter profit expectations and pushed its 2017 forecast higher in its latest quarterly report. It also acquired an insurer with more than 135,000 Medicare members.
Lilly considers sale, spinoff of Elanco animal-health business
The company announced Tuesday that it is reviewing options for the Greenfield-based division, "including an initial public offering, merger, sale, or retention of the business."
Pharmacists cited for trying to see Prince’s medical records
Three Indiana pharmacists have been reprimanded by state regulators for trying to access Prince's medical records within days of the music superstar's death last year.
Lilly plans $72M upgrade for Indianapolis insulin operation
The Indianapolis drugmaker said it will use the money to replace an existing line that fills vials for Humalog and Humulin and to prepare for new insulin products.
Food insecurity, hunger vex large swath of Indianapolis residents
Nearly 175,000 food-insecure people live in the city. About 47,000 of them are children, whose ability to learn and thrive can be hampered, according to panelists at a local hunger summit on Friday.
IU med school wins $7.6M grant to study Alzheimer’s disease
The study will focus on early-onset Alzheimer’s disease, which are about 5 percent of patients.
Anthem to build 21-story tech center in Atlanta
Construction is set to begin in January and the building should be complete in two years.
IU Health gets new imaging machine
The machine, manufactured by Germany-based Siemens, will be used at IU Health’s Neuroscience Center at 16th Street and Capitol Avenue, primarily for oncology and neuroscience patients.
Device maker SonarMed ponders whether to go solo or find a partner
The Carmel-based company makes a device that uses sound waves to help position and monitor breathing tubes for newborns in hospitals.
Trump’s health subsidy shutdown could lead to free insurance
If President Donald Trump prevails in shutting down a major Obamacare health insurance subsidy, it could have the unintended consequence of making free basic coverage available to more people, and making upper-tier plans more affordable.
States ask U.S. court to keep up health subsidies cut by Trump
Top government lawyers representing 19 U.S. states on Wednesday asked a federal judge in California to force the administration of President Donald Trump to make health care subsidy payments that Trump abruptly cut off last week.