Med tech startup getting boost from global accelerator

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

Contract drugmaker Catalent shrinks as pandemic wanes

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

IBRI, Roche launch new Quantum Leap Award

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

FDA makes another approval for Jardiance

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

Catalent cuts 150 leadership, support jobs in Bloomington

New Jersey-based Catalent Inc. is a contract drug manufacturer that significantly increased its operations at the Monroe County location during the pandemic to meet the demand for COVID-19 vaccines. It's that same plant that the company blames in part for productivity issues and unexpected costs.... Read More

VisionTech invests in Arizona biotech company

Indianapolis-based VisionTech Angels has invested nearly $200,000 in NuvOx Pharma, a clinical stage biotechnology company in Tuscon, Arizona. NuvOx is developing what it calls a first-in-class oxygen therapeutic to treat life-threatening diseases.... Read More