Indiana University has landed a $138 million grant from the Lilly Endowment that will fund construction of a state-of-the-art facility to drive advancements and commercialization in biosciences and develop talent in the sector.... Read More
A Carmel-based nonprofit organization that manages the power grid in Indiana and 14 other states is meeting this week to approve electric substation and transmission projects across the central U.S. worth nearly $22 billion.... Read More
Roche Diagnostics says it has developed blood tests to help rule out a diagnosis of Alzheimer’s disease in the broad population, thus narrowing who might be suffering from the disease.... Read More
Under pressure to keep up with soaring demand for drug treatments for obesity, diabetes and other diseases, Eli Lilly and Co. is planning a $3 billion expansion of a Wisconsin manufacturing plant that it acquired earlier this year.... Read More
Eli Lilly and Co. said Wednesday morning that its weight-loss treatment Zepbound helped patients lose 47% more relative weight than competitor Novo Nordisk’s obesity treatment Wegovy in a head-to-head clinical trial.... Read More
More than 700 rural hospitals across the U.S., including four in Indiana, are at immediate risk of closing because of serious financial problems they are experiencing, according to a new study.... Read More
The Lilly Endowment is writing a flurry of big checks again and recently sold more than $50 million worth of stock in namesake drugmaker Eli Lilly and Co. to fund the gifts, many of them to Indiana organizations. ... Read More
The University of Indianapolis has landed a $5 million gift from the retired top human resources officer at Eli Lilly and Co., who is directing the money to three new programs at the business school.... Read More
Cook Medical is leading a $24 million investment round to support a San Francisco-based medical-device startup developing a minimally invasive treatment for urinary conditions.... Read More
A Colorado energy company is seeking a five-year, $3.6 million tax abatement to build a battery farm in Pike Township in Indianapolis that it says will help stabilize electricity supply and prices during peak demand hours.... Read More
