Bloomington-based Cook Medical is offloading a portion of its reproductive health and otolaryngology business in a $300 million deal with California-based CooperCompanies, the company announced Wednesday.... Read More
A medical device manufacturer in Kosciusko County will soon be under new ownership. Private equity firm American Securities announced Tuesday it has reached an agreement to sell Pierceton-based Paragon Medical to Ametek in a deal valued at $1.9 billion. ... Read More
Indiana’s life sciences advocates say the state’s new designation as a federal technology hub will position it to compete for millions of dollars and boost the state’s image as a biotech innovator.... Read More
OrthoPediatrics Corp. will work with Washington DC's Children’s National Hospital and other members under the initiative “Alliance for Pediatric Device Innovation." The company will act as a strategic advisor and role model for development. ... Read More
A Texas woman has agreed to plead guilty to leading a conspiracy to defraud Indianapolis-based drugmaker Eli Lilly and Co. out of more than $600,000 in false prescription savings cards.... Read More
Top executives and directors of Indianapolis-based Point Biopharma Global Inc. could rake in an eye-popping $212 million from their deal to sell the company to drugmaker Eli Lilly and Co. Some could also reap millions more in severance pay and stock options.... Read More
Kelly and Tony Trent, parents of Purdue super fan Tyler Trent, joined university officials between quarters of Purdue's Hammer Down Cancer football game Saturday against Ohio State to announce the founding of the Tyler Trent Pediatric Cancer Research Center.... Read More
Neurodon will work with the Purdue Institute for Integrative Neuroscience in continuing its research.... Read More
A medical device startup originally founded in West Lafayette has been named a finalist in what is billed as the world's largest medical technology accelerator. Nuerava will compete for the $350,000 MedTech Innovator grand prize next week.... Read More
Eli Lilly and Co. is paying Indianapolis-based startup Point Biopharma $12.50 a share, an 85% premium over the company’s closing price on Monday of $6.68 a share.... Read More
Eli Lilly and Co. just hit another bump in the road in its quest to push deeper into treatments for skin diseases, the third setback this year for the Indianapolis-based drugmaker from the U.S Food and Drug Administration.... Read More
In the steady stream of commercially successful innovations to emerge from the lab of Purdue University’s Dr. Philip Low, a newly licensed technology takes aim at improving MRIs to image the most aggressive form of brain cancer. ... Read More
Using a $5 million U.S. Department of Agriculture grant, the Indiana University Environmental Resilience Institute is seeking to increase the percentage of Hoosier municipalities planning and managing their tree cover. Its goal is a 20% increase and to plant and support 2,500 trees in disadvantaged communities.... Read More
Federal officials say they looked into claims of employment discrimination during a two-year window as a part of a routine investigation.... Read More
The Indianapolis-based drugmaker said Monday it will build five large solar structures—three at the Lilly Corporate Center headquarters on the south edge of downtown and two at the sprawling Lilly Technology Center about two miles west.... Read More
The new mentor program pairs Zimmer Biomet engineers with first-year students at Grace College.... Read More
IU Northwest research could contribute to better understanding of animal development and reproduction.... Read More
Eli Lilly and Co. has filed lawsuits against 10 companies it accuses of selling unauthorized versions of its diabetes drug Mounjaro. The businesses in question include medical spas, wellness centers and compounding pharmacies in several states.... Read More
Florida-based Redwire Corp., which has a growing presence in Floyd County, has successfully 3D bioprinted the first human knee meniscus in orbit using its upgraded 3D BioFabrication Facility which was originally developed by Techshot Inc. in Greenville. ... Read More
Open Philanthropy awarded the grant to Dr. Philip Low, who is conducting clinical trials to validate previous results of the drug imatinib and its ability to fight malaria and test whether the number of days the treatment needs to take effect can be reduced.... Read More
