Australian biopharma firm begins work at new HQ in Fishers
Telix Americas is leasing 10,000 square feet at the Crew CarWash headquarters building at 11700 Exit Five Parkway, near Interstate 69 and East 116th Street.
Health Care & Life Sciences
Articles
Profit, pain and puppies: Inside the rescue of nearly 4,000 beagles
Here’s how beagles being bred for research by an Indianapolis-based company became the target of the largest animal welfare seizure in the Humane Society’s history.
Pfizer seeks to expand omicron booster to 5- to 11-year-olds
The hope is that the modified boosters will help tamp down continuing COVID-19 cases and blunt another winter surge.
Q&A: Career path jumps from megacorp to small not-for-profit
Michele Sawyer started Sept. 1 as chief financial officer at the Indiana Biosciences Research Institute after more than two decades at drugmaker Eli Lilly and Co. and its animal health spinoff, Elanco Animal Health.
Tensions boil between ER docs, insurers as no-surprises law rolls out
The federal No Surprises Act—which took effect Jan. 1 and protects patients from receiving surprise medical bills resulting from unexpected, out-of-network coverage—is already creating huge waves.
A year later, fight continues over vaccine mandates
In recent months, current and former employees of drugmaker Eli Lilly and Co., medical-equipment maker Roche Diagnostics and health care system Ascension St. Vincent have filed suit in federal district court, claiming their religious views and civil liberties were violated.
State launches drive for breast-milk donors amid baby formula shortage
The milk drive, dubbed “Every Ounce Counts.” launched July 26 at Franciscan Heath Lafayette. The one-day event resulted in the collection of 4,100 ounces of human milk. More events are scheduled around the state in the coming months.
Device firm embroiled in lawsuit filed by investors
VoCare, which makes a handheld gadget called Vitals360 that allows physicians to monitor their patients’ vital signs remotely, is in the middle of a nasty fight with a group of five early investors.
Two nurses sue Hendricks Regional Health for underpayment due to time-clock rules
The nurses claim they were required to change into scrubs in locker rooms and travel to their work areas before they could punch in for their shifts, resulting in chronic underpayment. Hendricks Regional did not immediately respond to IBJ’s request for comment.
Lilly Q2 profit slumps 33% as older products lose steam
Indianapolis-based Eli Lilly and Co. posted a profit of $1.13 billion, down from $1.68 billion a year ago, and cut its full-year profit guidance.
Indiana abortion clinics could face rough future under proposed restrictions
The clinics are in the crosshairs of the Indiana General Assembly and are likely to face a sharp drop-off in business if current legislation passes that would significantly restrict access to abortion.
Doctors, hospitals face confusion about abortions
As the Legislature prepares to convene for a special session to consider abortion-related legislation, some doctors are worried about possible criminal liability they might face for providing abortions, even to save the life of the mother.
Hackers hit health companies, insurers with increasing regularity
Of all the industries in the country, health care might be the juiciest for cyberhackers. And around central Indiana, institutions large and small are paying the price.
Court rules antitrust complaint against IU Health can proceed
A Bloomington surgeon alleging Indiana University Health violated federal antitrust laws by acquiring local competitors has convinced the 7th Circuit Court of Appeals to reinstate his complaint.
Lilly overtakes larger rival Pfizer in market cap as shares continue to soar
Like a kite that has caught a stiff breeze, Eli Lilly and Co. stock is having the ride of its life. Shares in the Indianapolis-based drugmaker have soared 41% in the past 52 weeks, to about $331 each.
Inotiv facing shareholder lawsuit over stock drop
The West Lafayette-based pharmaceutical testing company has seen its stock price soar—and later plunge—following its announcement last fall that it planned to acquire Indianapolis-based Envigo RMS LLC, which breeds and sells animals used in lab testing.
Ascension’s much-touted micro-hospitals fade away in Indy area
Just five years ago this summer, officials from Ascension St. Vincent opened the first of five tiny hospitals in the Indianapolis area, touting them as a new model of ease and comfort for patients.
Arcane world of pharmacy benefit managers slowly unraveling
A series of federal and state actions are putting the $400 billion PBM industry under a spotlight.
Elanco spinoff BiomEdit locates HQ in Fishers
BiomEdit, one of Indiana’s newest life-science companies, said Monday it will locate its headquarters in Fishers, but hinted it could eventually move to the new $100 million Elanco Animal Health headquarters campus now under construction in Indianapolis.
Local tech firm Greenlight Guru acquires Danish firm
This is the third acquisition announced this year for Indianapolis-based Greenlight Guru, which offers a platform to help medical device makers with regulatory requirements.