North Carolina-based Labcorp is marking the completion of its expanded laboratory in Greenfield. While details of the company's investment were not disclosed, Labcorp said the facility will increase its global molecular bioanalytical capacity.... Read More
Greenfield-based Elanco said Thursday it is now taking orders for the product, called Zenrelia, and expects to start shipping it in the coming days. With the approval, Elanco will enter the estimated $1.7 billion global canine dermatology market.... Read More
Indiana University is teaming up with Indiana Biosciences Research Institute to create what they are calling a “joint center of excellence” to develop better personalized care for patients with diabetes, cancer, Alzheimer’s disease and pediatric rare disease. The two institutions said in a joint statement Wednesday the operation will be called The Joint Center of Excellence […]... Read More
Carmel-based MBX Biosciences Inc. saw it shares jump nearly 48% in its debut Friday on the Nasdaq. The five-year-old company is developing treatments for endocrine and metabolic disorders, such as hypoparathyroidism, post-bariatric hypoglycemia and obesity.... Read More
Indianapolis-based Eli Lilly and Co. on Thursday announced plans to spend $1.8 billion on two of its manufacturing sites in Ireland to boost production of medicines for Alzheimer’s disease, diabetes and obesity.... Read More
Lucas Montarce, who has been with Lilly since 2001 and most recently served as president for its Spain, Portugal and Greece operations, is now company’s CFO and executive vice president. He also was added to the executive committee.... Read More
The Indiana University School of Medicine announced last week that researchers there are leading a multistate study using artificial intelligence to better predict breast cancer risk and overcome health inequities in preventive care.... Read More
A leading researcher in the neuroscience of addiction has been named the inaugural executive director of the Institute for Human Health and Wellbeing at IU Indianapolis. Stephen Boehm is a professor and chairman of the department of psychology at IU Indy.... Read More
University of Notre Dame researchers have developed an automated device for diagnosing glioblastoma, a fast-growing and incurable brain cancer, in less than an hour, revolutionizing care for patients who historically only survive for 12-18 months after diagnosis.... Read More
MBX Biosciences Inc. is a company in a hurry. Just three weeks after announcing it had raised $63.5 million in a round of private funding, the Carmel-based company has filed paperwork to go public.... Read More
A pair of Purdue researchers has received a total of nearly $100,000 to further develop their innovations, one a drought-resistant soybean plant and the other a new arthritis treatment.... Read More
Indianapolis-based Eli Lilly and Co. is seeing rising momentum and growing quarterly success. Lilly's 2024 Q2 profits rose by 36%, driven by Mounjaro, Zepbound and Verzenio. The company's full-year revenue outlook has grown by $3 billion.... Read More
The Eli Lilly and Company and Purdue University Research Alliance Center, or LPRC, is part of an existing partnership between the two entities that was expanded in 2023.... Read More
West Lafayette-based Inotiv is reporting a fiscal third-quarter net loss of $26.1 million, compared to net income of $1.8 million last year. CEO Robert Leasure said while the quarter was productive for the company, it was not without its challenges.... Read More
A device developed in the pandemic to store and transport vaccines in ultra-low temperatures for extended periods of time has launched. The ArcticRx pod, a durable plastic shipping container a bit larger than a dishwasher, was unveiled at the Indiana IoT Lab.... Read More
A startup founded by a Notre Dame alum who leveraged the university’s IDEA Center to further develop his company’s sleep aid device has secured a $500,000 investment. Sleep Easy Technology CEO Anthony Esplin plans to use the funds to promote...... Read More
Shares of Indianapolis-based drugmaker Eli Lilly and Co. continued a two-day slide Thursday, falling about 6% at close on news that Swiss competitor Roche announced positive results from an early-stage study on its own obesity drug.... Read More
INCOG BioPharma Services, a Fishers-based company that produces sterile injectable drugs, said Monday it is investing an additional $125 million to expand operations, including the construction of a second, 100,000-square-foot building on its campus.... Read More
Elanco Animal Health said Tuesday it has completed the divestiture of its aqua business to Merck Animal Health for about $1.3 billion in cash, allowing it to pay down more of its sizable debt load. The Greenfield-based company said it plans to use...... Read More
According to BestPlaces.net, the cost of living in Fishers is nearly 27% higher than the state average. Stevanato, an Italian-based life sciences company that makes glass vials and syringes for pharmaceuticals, has committed to paying employees at its new...... Read More
