Judges' criteria included the breakthrough level, market size and competitive advantage, team, go-to-market strategy and commercial traction. The companies were also vetted by a venture capital firm or university-based innovation department.... Read More
Indianapolis-based Eli Lilly and Co. has agreed to pay up to $1.93 billion to acquire Boston-based biopharmaceutical company Versanis Bio, which focuses on the development of treatments for cardiometabolic diseases, including those related to obesity.... Read More
Carmel-based clinical stage biopharmaceutical company MBX Biosciences Inc. has selected Steven Prestrelski as chief scientific officer. Prestreslksi most recently served as founder and CSO of Xeris Biopharma Holdings Inc. in Chicago.... Read More
Florida-based Redwire is expanding its presence in Floyd County. The company, which acquired Techshot in Greenville in 2021, said this week it plans to open a microgravity payload development facility at the new Novaparke Innovation & Technology Campus.... Read More
Life sciences diagnostic company Amplified Sciences has received a $400,000 grant to develop testing to improve the early detection of pancreatic cancer. The grant will help support the procurement of banked patient samples and clinical trials.... Read More
Fishers-based biosciences firm Quantigen LLC has been acquired by Milwaukee-based Versiti, the companies announced Monday. The company, which was founded in 2008 in Fishers, will retain its name. Versiti declined to disclose financial terms of the purchase.... Read More
A West Lafayette-based startup is using a global accelerator to help fuel growth. Neurava is one of 61 companies from around the world to showcase its medical technology as part of the MedTech Innovator, billed as the largest accelerator of med tech companies.... Read More
The Indianapolis-based drugmaker said it will acquire Sigilon Therapeutics Inc., a six-year-old startup that is developing a technology to help type 1 diabetes patients restore insulin production over sustained periods.... Read More
Elizabeth Topp currently serves as a professor in the Department of Industrial and Physical Pharmacy and the Davidson School of Chemical Engineering at Purdue.... Read More
A medical device manufacturer in Kosciusko County has cut the ribbon on a $16 million additive manufacturing facility. The new Paragon Medical plant in Pierceton will specialize in 3D printing of medical devices.... Read More
In the health care world, Thermo Fisher Scientific operates mostly behind the scenes, supplying labs and hospitals with scientific instruments, chemical ingredients and software services. Now, the Massachusetts-based company is opening shop in Fishers.... Read More
The business landscape for hearing aids drastically changed when they became available over-the-counter (OTC) late last year, and a small company in Fishers believes it’s poised to take a giant bite out of the young market. ... Read More
Just 14 months ago, Bloomington officials were ecstatic when contract drugmaker Catalent announced a huge plant expansion in their city. But in a head-spinning turn of events, Catalent has since announced two large rounds of layoffs at the Bloomington plant.... Read More
The Indiana Biosciences Research Institute in Indianapolis, along with inaugural sponsor Roche Diagnostics, has launched the new Quantum Leap Award. The award will provide $50,000, mentorship services and rent-free lab space at the institute.... Read More
The U.S. Food and Drug Administration approved Jardiance, developed by Indianapolis-based Eli Lilly and Co., to lower blood sugar along with diet and exercise in children ages 10 and up with type 2 diabetes. ... Read More
Eli Lilly and Co. announced Tuesday morning it is buying a California biopharmaceutical company in a deal worth about $2.4 billion as it looks to expand its presence in skin diseases and immunology disorders.... Read More
The Venture Club on Indiana on Monday unveiled the 20 startups that will participate in next month's Innovation Showcase Pitch Competition. The companies come from all over the state and will compete for a total of $25,000 across two categories.... Read More
As Inside INdiana Business marks 25 years on television, we're looking back at progress made in the Indiana economy, including sectors like the life sciences, an industry that has grown from around $32 billion in value to more than $80 billion. ... Read More
In an effort to remain a pillar in the community, the Sony plant is now rewriting its soundtrack and pivoting to two other Hoosier strengths: medical device and automotive manufacturing.... Read More
It was a major case of burnout that led Morgan Leigh Miller to quit her job as a hospital patient care technician and become a campus bus driver at Indiana University. But there was one element of her old job she couldn’t let go.... Read More
