Elevance Health plans to expand operations in Indianapolis with an $11.9 million investment at two sites. The company, formerly known as Anthem, signed a deal with the Indiana Economic Development Corp. in which it commits to adding 230 jobs by Dec. 31, 2025.... Read More
Cook Group is suing an underwriter at Lloyd’s of London insurance group for breach of contract, saying it failed to honor a $10 million policy against claims by patients who said they were injured by medical devices produced by the company.... Read More
The Indianapolis-based drugmaker filed a suit in federal court this month, challenging the U.S. Food and Drug Administration’s ruling that the company’s experimental obesity treatment does not contain more than 40 amino acids and is therefore not a protein.... Read More
Greenfield-based Elanco said Thursday it is now taking orders for the product, called Zenrelia, and expects to start shipping it in the coming days. With the approval, Elanco will enter the estimated $1.7 billion global canine dermatology market.... Read More
Indiana University is teaming up with Indiana Biosciences Research Institute to create what they are calling a “joint center of excellence” to develop better personalized care for patients with diabetes, cancer, Alzheimer’s disease and pediatric rare disease. The two institutions said in a joint statement Wednesday the operation will be called The Joint Center of Excellence […]... Read More
Corteva Inc. announced Tuesday it has taken a $25 million stake in a North Carolina-based technology startup that uses gene-editing technology in food and agriculture.... Read More
Marian University on Friday announced a $150 million campaign to raise funds for its health sciences programs—an effort aimed at increasing enrollment from 162 to 185 students per class in its College of Osteopathic Medicine.... Read More
MBX Biosciences Inc. is a company in a hurry. Just three weeks after announcing it had raised $63.5 million in a round of private funding, the Carmel-based company has filed paperwork to go public.... Read More
For nearly six decades, the 800-acre Petersburg Generating Station in southern Indiana has helped keep the lights on in Indianapolis. It has powered homes, factories and office towers. Now, the Petersburg Generating Station is closing in on a sweeping change.... Read More
AES Indiana said Thursday it plans to invest about $1.1 billion in Pike County as part of its transition from coal to natural gas at its massive Petersburg Generating Station. The Indianapolis-based electric utility was set to announce the plan at a...... Read More
