The new general manager of New Jersey-based Catalent Inc.'s (NYSE: CTLT) manufacturing facility in Bloomington says the company's continued expansion in Monroe County is unprecedented, but still "structured and planned growth." ... Read More
The chief executive officer of BioCrossroads says Catalent Pharma Solutions Inc. plans to invest $350 million to expand its Bloomington operations sends a message to other drugmakers. ... Read More
Indiana’s life sciences sector has just received another economic booster shot with a more than $350 million investment from New Jersey-based Catalent Inc... Read More
BioCrossroads has released its annual Indiana Life Sciences Capital report. The state's life sciences initiative says Hoosier life sciences companies accessed more than $15 billion in capital last year, a $6 billion increase over 2020.... Read More
Indianapolis-based Acacia Pharma Group will soon be under new ownership. Our partners at the Indianapolis Business Journal report the company is set to be acquired by Eagle Pharmaceuticals Inc. in New Jersey in a deal valued at nearly $104 million. ... Read More
The largest concussion and repetitive head impact study in history recently earned a 10-year extension to the tune of $42 million, and Indiana is continuing to help lead the charge. Recognizing that athletes and military cadets could answer some of the biggest questions surrounding head injuries, the NCAA, headquartered in Indianapolis, and Department of Defense […]... Read More
The state’s largest healthcare system has announced sweeping plans for “a renewed commitment to price affordability.” Indiana’s high hospital costs have become a hot topic after a recent study from the RAND Corp. found that Indiana ranked the highest for hospital costs among the 25 states that were analyzed. On the heels of announcing a […]... Read More
When her grandmother died of cancer, Dr. Thakshila Liyanage vowed to give doctors a better weapon to find cancer early. “If early diagnosis was possible, she should have had a much longer life,” says Liyanage. She devoted her studies, and now a business endeavor, to creating a tool that could accurately diagnose cancer at Stage […]... Read More
Combining the power of Purdue University engineers and veterinarians, a technology with “a very clear clinical need” is aiming to take a bite out of the electronic textile industry. Clothes that are embedded with electronic functions to monitor various health signals are becoming increasingly common, but this innovation gives the user the power of customization, […]... Read More
For the second time in less than six months, cancer-focused medical innovation based on work by Purdue University researcher Dr. Philip Low has received approval from the U.S. Food and Drug Administration. ... Read More
A Bloomington-based startup founded by two Indiana University chemistry professors has inked a deal with Massachusetts-based Waters Corp. (NYSE: WAT). Megadalton Solutions will license to Waters its charge detection mass spectrometry technology, which can be used in the development of cell and gene therapies.... Read More
West Lafayette-based On Target Laboratories Inc. has announced a clinical research and product development collaboration with Mauna Kea Technologies in Paris. On Target says the partnership aims to improve the identification and diagnosis of pulmonary cancers.... Read More
A subsidiary of Italy-based Stevanato Group (NYSE: STVN) has entered into an agreement with the Biomedical Advanced Research and Development Authority that will expand its planned manufacturing capacity in Fishers. The company says the deal, valued at up to $95 million, will produce vials to be used for current and future vaccine needs.... Read More
BioCrossroads, the state's initiative to grow and invest in life sciences, is marking 20 years since its launch. The public-private collaboration has supported the state's existing research and corporate strengths, while encouraging new business development through three venture capital funds and more than 500 startups.... Read More
A team of Purdue University researchers are working to develop a rapid, pen-side test for African swine fever, a highly contagious swine disease in the Dominican Republic. Mohit Verma, assistant professor of agricultural and biological engineering at Purdue, has been awarded a $1 million grant for the project.... Read More
Warsaw-based OrthoPediatrics Corp. (Nasdaq: KIDS) is reporting a full-year net loss of $16.2 million in 2021, compared to a loss of $33 million the previous year. Despite the loss, the pediatric orthopedic device manufacturer says it hit record annual revenue of $98 million.... Read More
The U.S. Food and Drug Administration has awarded another approval for Jardiance developed by Indianapolis-based Eli Lilly and Co. (NYSE: LLY) and Boehringer Ingelheim in Germany. The company says Jardiance has been approved to treat adults with any type of heart failure.... Read More
One of the largest gifts in Indiana University School of Medicine (IUSM) history will address what local medical experts call a desperate shortage of care in the Evansville region—youth mental health. Evansville natives Bill and Mary O’Daniel Stone recently gifted the school $34 million to create the Stone Center for Child and Adolescent Psychiatry. IUSM […]... Read More
While the pandemic provided a business backdrop unlike any other in history, Indiana’s life sciences industry saw “extraordinary” growth in 2021, says the Indiana Economic Development Corp. Twenty-three life sciences companies in the state committed to investing over $500 million in 2021, and the pharmaceutical sector led the charge, accounting for $381 million of that […]... Read More
Lumavate’s line of work is still a surprise to many business leaders, says Chief Executive Officer Stephanie Cox. The Carmel-based tech startup, which recently closed a $6 million funding round, helps businesses build their own apps—no need to know code or use an IT developer—and “still a large number of people don’t even know that’s […]... Read More
