Indianapolis-based agricultural Dow Agro on Thursday said revenue in the first quarter was $1.6 billion, down 16 percent from a year ago, as the company was hurt by high inventories, currency headwinds and lower prices.
Shortages of workers and investment dollars remain the two biggest challenges for Indiana’s life sciences industry, which otherwise is showing robust vital signs and embarking on high-profile collaborations.
The Indianapolis Airport Authority board said it would “leave our options open and continue to search for the optimal project.”
Airport authority board Chairman Kelly Flynn sent an email Tuesday evening to other board members, telling them “we need to take a step back” on Athlete’s Business Network’s plan.
Many employees already made more than the state and national minimum of $7.25 per hour, but the hospital system said it wanted to be proactive. Workers who already made $11 to $12.99 an hour were also given a raise.
The new funding builds on the $18 million NICO Corp. has raised from investors since its founding in 2008. The money will help the firm conduct clinical trials, commercialize new products and expand its staff beyond North America.
The Indiana Biosciences Research Institute, set up just three years ago, announced Wednesday morning that it has been awarded grants of $80 million from the Lilly Endowment and $20 million from the Eli Lilly and Co. Foundation.
Indiana Economic Development Corp. President Jim Schellinger said state officials realized early on that the Dow-DuPont merger could have wiped out some of the best jobs in Indianapolis.
Privately-held Biostorage Technologies Inc., which specializes in biological sample storage, has been purchased by a Massachusetts-based firm in one of central Indiana’s largest disclosed-price acquisitions of the past year.
Executives at Eli Lilly and Co. are telling investors the worst is behind the company and only good things await. But the drugmaker still has a few things to prove.
Teen births have fallen to a record low in the United States and dropped sharply in Indiana too, a development that could save taxpayers millions of dollars in public health services and other assistance.
The new guy on the beat has a notebook and ideas, but has been around long enough to know the best stories come from readers.
Just as a reminder, this is the end of my run as the voice of The Dose. I’m handing over the blog, starting Friday, to John Russell, IBJ’s new health care reporter.
When CEO Dan Evans relinquishes the reins of Indiana University Health in April, he will hand his successor Dennis Murphy a hospital system with a pristine balance sheet. That’s a big change for IU Health, which when the Great Recession hit was debt-laden and cash-strapped.
I spell out the top 5 reasons, starting with Hoosiers’ poor health, why health care in Indiana is even more messed up than it is around the rest of the country.
Purdue University plans to hire 60 faculty members in life sciences-related fields, purchase new research equipment and construct more facilities.
Indianapolis-based Healthiest Employer LLC expects its Springbuk software for managing wellness programs to triple its clients, revenue and employees this year.
A professor in the Indiana School of Medicine is hopeful that an antibiotic cocktail he invented will one day improve the lives of millions of people, thanks in part to the Indiana University Research and Technology Corp., formed in 1997 to make work done by IU faculty and researchers available for commercial development.
Even excluding the 78.8 million records stolen from health insurer Anthem, the number of patient records stolen from Indiana health care organizations spiraled to 4.3 million from about 69,000 in 2014.
Carmel-based Nightingale Home Healthcare Inc., which serves nearly 900 Hoosier patients, filed for Chapter 11 bankruptcy protection and won court approval to borrow $350,000 from its parent company to make payroll.
