Life Sciences

Medical device maker closes $12.5M funding round

Indianapolis-based NICO Corp. has completed a $12.5 million funding round. The company, which makes devices for minimally invasive neurosurgical care, says it will use the oversubscribed round to scale its business and add up to 15 jobs.... Read More

Purdue, Monon Bioventures, Genezen use $400K to team up against tumor

A made-in-Indiana business story—and one of the state’s first ventures in gene therapy—could save the lives of patients with a devastating brain tumor who typically have little over a year to live “if they’re lucky,” says one researcher. The development of a potential treatment for glioblastoma marks the first time in Indiana that every link […]... Read More

Zimmer Biomet first to use mixed reality, hip holograms in the OR

Orthopedic surgeons are using a new technology in the operating room that projects holograms to help guide the surgery—and Warsaw-based Zimmer Biomet is first orthopedic company to use the new mixed reality tool. The method is so high-tech “that [surgeons’] immediate response is usually, ‘Wow, this is incredible,’” says Zimmer Biomet Chief Science, Technology and […]... Read More

New cybersecurity lab to target medical devices

An Indianapolis-based clinical asset management company is looking to bolster the security of medical devices used for patient care. TRIMEDX is partnering with IU Health to develop a cybersecurity lab that will be used to test the security of devices.... Read More

Infectious disease lab expands to Texas

Indianapolis-based Patients Choice Laboratories says it has acquired Infinity Laboratories LLC, an infectious disease lab based in Texas. PCL says the purchase will allow it to expand its footprint into the southern U.S.... Read More

PharmaCord adding more jobs in southern Indiana

Jeffersonville-based PharmaCord LLC is continuing to grow its footprint in southern Indiana. The company, which provides patient support services for life sciences companies, says it plans to add 500 jobs at its Jeffersonville and Louisville facilities.... Read More

Medical device maker launches Jeffersonville center

A Massachusetts-based medical device manufacturer is putting a special emphasis on its Jeffersonville location. Freudenberg Medical is launching the Handle Design Center of Excellence, which will centralize development efforts for medical device handles.... Read More

Wave Therapeutics Cushion

Smart cushion maker inspired by fellow founders

The founder of a Brown County startup says a recent win at a pitch competition in San Diego was particularly special. Wave Therapeutics, which is developing a smart cushion device to prevent bed sores, won the $10,000 top prize at the Women’s Venture Summit.... Read More

Indiana biotech startup lands $2.8M fast-track grant

The National Institutes of Health has awarded a $2.82 million Fast-Track SBIR grant to West Lafayette-based Rescue Biomedical. The company plans to use the funding to develop its technology to automatically deliver naloxone in response to an opioid overdose.... Read More

Noblitt inducted into Indiana Academy

The co-founder of a major medical device manufacturer and chair of the Rose-Hulman Institute of Technology Board of Trustees has been inducted into the Indiana Academy. Niles Noblitt launched Biomet Inc. in Warsaw - now Zimmer Biomet Holdings - in 1973.... Read More