Indianapolis-based VisionTech Angels has invested $242,000 in Adipo Therapeutics, a pre-clinical stage company seeking to transform the treatment of type 2 diabetes and obesity through a subcutaneous injection.... Read More
Two Indianapolis powerhouses are joining forces to improve how doctors diagnose Alzheimer's disease. Roche Diagnostics and Eli Lilly and Co. are working to create a routine blood test that could help spot the disease earlier.... Read More
Zionsville-based GeniPhys has completed a $6 million Series A round of funding, the company announced Wednesday. GeniPhys has developed a material known as Collymer, a highly-purified form of collagen that is used to support tissue generation.... Read More
Germany-based Evonik will Wednesday break ground on the previously-announced $220 million expansion of its pharmaceutical production facility in Lafayette. The expansion is expected to create more than 80 jobs by the end of 2025.... Read More
The Advanced Research Projects Agency for Health, or ARPA-H, is looking for cities that can help design biomedical products, enhance clinical trials and bring new health products to market.... Read More
Shares of Elanco Animal Health dropped 4% on Wednesday to a new all-time low after Moody’s Investor Service downgraded the company’s credit rating. Moody’s action pushed Elanco’s credit rating further into “junk bond” territory.... Read More
BioCrossroads, Indiana’s initiative to grow the life sciences sector, has added two new people to the organization’s leadership team. ... Read More
The Lebanon Plan Commission voted unanimously Monday to recommend approval of Eli Lilly and Co.’s development plan for two manufacturing facilities in Boone County. The proposed $2.1 billion Lilly manufacturing campus north of Lebanon will...... Read More
A medical partnership involving some of Indiana’s biggest universities has received nearly $38 million to continue its work taking laboratory and clinical discoveries and translating them into treatments for patients. ... Read More
Suicides are climbing faster among young people than adults, triggering alarm bells that “what we’re doing isn’t working,” says University of Notre Dame psychologist Theodore Beauchaine. He’s co-leading a mission to reinvent teen suicide prevention efforts.... Read More
An Australian biotech company that has its U.S. headquarters in Fishers has received additional approval from the U.S. Food and Drug Administration. Telix Pharmaceuticals says its lead prostate cancer imaging product, Illuccix, is now authorized to...... Read More
Dr. Malaz Boustani, an esteemed brain doctor at the Indiana University School of Medicine, is haunted by the fact that he didn’t identify his own father’s Alzheimer’s disease. “I think I’m a great brain doctor—and I missed it,” he says. ... Read More
A supply chain management company headquartered in Singapore is establishing operations at the Warsaw Technology Park. Mentor Media plans to invest nearly $7 million to occupy a portion of a shell building and create nearly 50 jobs over the next three years.... Read More
The IU School of Medicine has terminated a research project involving surgery on live pigs after officials discovered the laboratory workers were using expired surgical supplies. It was unclear exactly what the medical school was researching under the project.... Read More
Glaucoma is a leading cause of blindness in the U.S., but more than half of the cases are undiagnosed. An Indianapolis startup has its sights set on commercializing high-tech contact lenses that could diagnose glaucoma and delay its progression. ... Read More
Fishers-based Recovery Force Health said Thursday it has closed on a $1.25 million round of funding. The company has developed an FDA-cleared wearable compression device for hospital patients designed to prevent deep vein thrombosis. ... Read More
Indianapolis-based radiopharmaceutical developer and manufacturer SpectronRx has completed construction of a facility near the Grissom Air Reserve Base in Bunker Hill and has initiated testing of its medical isotope producing technology. ... Read More
Eli Lilly and Co. said Wednesday that an experimental drug failed to slow progression of cognitive decline in healthy elderly patients at high risk for Alzheimer’s disease, the latest setback for finding a treatment for a disease that ravages the brains of more than 5 million Americans.... Read More
An Indiana University-affiliated startup says it has developed a blood test for anxiety. Indianapolis-based MindX says the test examines biomarkers that can help them objectively determine someone’s risk for developing anxiety, the severity of their current case and which therapies would best treat their anxiety.... Read More
A contract manufacturer in Hancock County that specializes in radio frequency welding and heat sealing is under new ownership. Wisconsin-based Vonco Products has acquired Genesis Plastics Welding in Fortville, though financial terms are not being disclosed.... Read More
