BioCrossroads has begun a nationwide search for its next president and CEO, the organization announced Monday. The person selected for the position will succeed Patty Martin, who stepped down in April.... Read More
West Lafayette-based Inotiv Inc. has completed the sale of its operations in Israel in a deal valued at nearly $4 million. The pharmaceutical testing company said this week the sale will allow for further investment in its growing business units.... Read More
A Hoosier psychiatrist has proven what has long been “medical folklore”—that more people commit suicide during the full moon. The team studied blood samples from suicide deaths collected at the Marion County Coroner’s Office to uncover the increase. ... Read More
The Indiana Biosciences Research Institute announced this week it will collaborate with BiomEdit, a Fishers-based spin-off of Elanco Animal Health.... Read More
Sonicu provides temperature and environmental monitoring for health care and life sciences customers, including all pharmacies at every IU Health hospital to make sure each fridge and freezer is keeping medication and vaccines at the right temperature.... Read More
Warsaw-based Zimmer Biomet Holdings Inc. has tapped Ivan Tornos as the company's new president and CEO, the medical device manufacturer announced Tuesday. Tornos has served as chief operating officer since 2021.... Read More
Today, Lilly is on top of the world. The company has launched 20 drugs in the past decade to treat diseases from arthritis and psoriasis to diabetes and cancer.... Read More
The South Bend ankle brace manufacturer, TayCo Brace, has appointed a new chief marketing officer and chief technology officer.... Read More
Forensics and education company CBF Forensics was born in the Purdue Innovates Office of Technology Commercialization and has grown using software and technology to advance the forensics profession. Charles Steele, lecturer of physical science and forensic science coordinator at Purdue Northwest and CBF founder, said in a news release the resources available to him and other students were valuable to his success.... Read More
West Lafayette-based Inotiv Inc. is reporting fiscal third quarter net income of $1.8 million, compared to a loss of $3.7 million during the same period last year. However, the company said in its earnings report that it is facing new shareholder lawsuits.... Read More
Amplified Sciences was recently awarded $165,000 from angel investors at VisionTech. The award comes as investment in female-led companies lags in 2023.... Read More
Carmel-based MBX Biosciences has received clearance from federal regulators to move its second experimental drug into human testing. The FDA gave the green light to test a drug for post-bariatric hypoglycemia, a serious complication of bariatric surgery.... Read More
Indianapolis-based Eli Lilly and Co. and the maker of popular diabetes drug Ozempic are being sued in federal court in Louisiana for allegedly failing to warn consumers and physicians about the risk of “severe gastrointestinal events” resulting from the...... Read More
West Lafayette-based Independence Science is breaking down barriers for blind or low vision STEM students and professionals. The company currently sells two main products that make laboratories more accessible for blind people with a third in the works.... Read More
A California company has terminated its $875 million acquisition of Cook Medical’s reproductive health care business, the Federal Trade Commission announced on Tuesday. The FTC statement did not say when or why the deal was called off.... Read More
Warsaw-based OrthoPediatrics is reporting a second quarter net loss of $2.9 million, compared to a loss of $333,000 in Q2 2022. Despite the drop, CEO David Bailey said he is pleased with the company's execution across its portfolio during the quarter.... Read More
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
