Eli Lilly and Co., which has launched 19 drugs in the past nine years, helping it recover from a dry spell in which it lost patent protections on its top products more than a decade ago, became the most valuable publicly-traded drugmaker in the world.... Read More
Cook Medical, the Bloomington-based maker of medical devices, said Monday it will cut 500 jobs, or about 4% of its global workforce, as part of a new strategic plan to refocus efforts on product innovation. The layoffs will affect about 223 workers in the U.S.... Read More
Community Health Network plans to cut an unspecified number of jobs through a workforce restructuring. The Indianapolis-based hospital system said the cuts follow a loss of $161 million last year on operations and investments.... Read More
The plush, $17 million headquarters of Goodman Campbell Brain and Spine physician group in Carmel, with its two-story walnut-paneled wall in the lobby, decorative light fixtures and modern furnishings, stands as a survival trophy of sorts.... Read More
Eli Lilly and Co. says a new clinical trial for its drug tirzepatide helped overweight diabetes patients lose an average of 15.7% of body weight, or 34.4 pounds, after 72 weeks. The drug is currently sold under the brand name Mounjaro for type 2 diabetes... Read More
Eli Lilly and Co. plans to sell its drug to treat low blood sugar to California-based Amphastar Pharmaceuticals in a deal that could be worth up to $1.1 billion.... Read More
A biotech startup that has raised $6 million to develop a highly purified form of collagen used to support tissue generation plans to hire 43 people and stands to get a six-year tax abatement worth more than a quarter-million dollars.... Read More
Eli Lilly and Co. says it will invest an additional $1.6 billion in a new drug manufacturing site in Boone County, bringing the total amount to $3.7 billion. Lilly said the expanded manufacturing capacity would create 200 more jobs.... Read More
There’s not much to see in this remote corner of southern Decatur County. Farmland sweeps wide in every direction. But an area on the outskirts of Greensburg could be the next center of a growing biogas industry, turning manure into renewable natural gas.... Read More
Community Health Network said income from operations fell 76% last year, even as the number of admissions, ER visits, physician visits and outpatient surgeries all increased. It attributed the drop primarily to higher salaries, benefits and supplies.... Read More
