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
West Lafayette-based Inotiv is reporting a fiscal full-year net loss of $108 million, compared to $105 million the previous year. The company said this week that it plans to continue efforts to consolidate some of its facilities across the U.S. next 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
A new report from the Biotechnology Industry Organization shows Indiana added more than 7,000 jobs in the life sciences sector over the last 10 years. With now more than 70,000 jobs, the state remains in the top 10 for life sciences employment.... Read More
When parents are worried about their child’s development, they often face an additional stress: they may have to wait months, or even years, for their child to be evaluated for autism. The delay is caused by the number of children who need...... Read More
The field of nuclear medicine is revolutionizing cancer treatment and growing rapidly in Indiana. SpectronRx, a contract manufacturer, invited Inside INdiana Business into one of its facilities.... Read More
Indiana Secretary of Commerce David Rosenberg will lead a contingent to London and then Italy this week to discuss and grow Indiana's bioscience indsutry.... Read More
Massachusetts-based Biometry Inc., which was among the five winners of Elevate Ventures’ 2023 IN-Prize pitch contest, has established a presence in central Indiana and recently secured $5 million in venture funding.... Read More
Shares of Indianapolis-based Eli Lilly and Co. popped in pre-market trading early Tuesday morning after news of a Biden administration proposal that Medicare or Medicaid cover the cost of weight-loss drugs for millions of Americans.... Read More
The new seed funding will go toward research and development, securing regulatory clearance for a testing platform and initiating a clinical trial, the news release said.... 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
Adipo Therapeutics LLC’s late-stage, preclinical drug is showing great potential for treating obesity and other metabolic disorders, researchers shared at the annual meeting of The Obesity Society in San Antonio. Founded by Meng Deng, an associate professor ...... Read More
Dave Ricks, the CEO of Indianapolis-based Eli Lilly and Co., is the recipient of the 2024 August M. Watanabe Life Sciences Champion of the Year Award.... Read More
Ryan Christner will serve as the new executive director of the Orthopedic Industry Retention Initiative for OrthoWorx. In that role, he will oversee $30 million in public money to advance the orthopedics industry.... Read More
Officials from Indiana’s life sciences and higher education sectors are working together to help build a talent pipeline in biopharmaceutical manufacturing. Heartland BioWorks, the consortium that was designated as a regional technology and innovation hub by the federal Economic Development Administration just over a year ago, has established BioTrain, a training institute designed to prepare […]... Read More
Trinity Guardion said the investment will accelerate the production and commercialization of its Soteria Bed Barrier, which is designed to reduce the risk of infections in hospitals.... Read More
Kristin Eilenberg, a veteran of Indiana’s health care and life sciences sectors, has been named executive director of Heartland Bioworks, part of a new federal initiative aimed at boosting innovation and making the country more competitive.... Read More
Eli Lilly and Co. on Wednesday reported a third-quarter profit of $970.3 million, falling short of Wall Street expectations, and revised its full-year profit guidance down, a move that sent its stock falling as much as 10% in premarket trading.... Read More
Senator Todd Young on Monday visited the 16 Tech innovation district to underscore the work of a young federal agency that wants to shake up the conventional model of funding biomedical research, which some say is too slow, by funding higher-profile projects.... Read More
Indianapolis-based biotech company GeniPhys has been awarded a $500,000 National Science Foundation grant to support the next steps toward commercialization of its collagen product used for soft tissue restoration.... Read More
