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
A former Indiana University Bloomington professor is returning to the IU system after several years of holding leadership roles at several other institutions. Dennis Rome has been named chancellor of IU East in Richmond, pending approval from the IU Board of Trustees.... Read More
The district’s unique portfolio of charters and traditional public schools, created nearly a decade ago by IPS leaders and state lawmakers, has left both populations fighting for funding. And as state lawmakers push to expand school choice in Indiana, that competition might be for a shrinking financial pie. ... Read More
Officials in Fort Wayne broke ground Thursday on a full-service grocery store on the city's southeast side. Mayor Tom Henry's office said the Pontiac Street Market, when complete, will serve an area identified as a food desert.... Read More
North Salem State Bank has selected Jeff Joyce as its new chief financial officer. Joyce comes to the Hendricks County bank after most recently serving as CFO of Elements Financial Federal Credit Union in Indianapolis.... Read More
The Crowne Plaza at Union Station in downtown Indianapolis is on track for a $15 million top-to-bottom renovation. The 273-room hotel will receive new carpeting, wallpaper and fixtures—among other improvements—starting later this year.... Read More
Ball State University has unveiled plans for a student-to-student engagement initiative designed to help all 92 Indiana counties with talent attraction. The County Ambassador Program is set to launch this fall.... Read More
Kathryn Haigh, the chief operating officer at Newfields art museum and gardens, will succeed John Vanausdall as CEO of the Eiteljorg Museum of American Indians and Western Art. Vanausdall, who has guided the Eiteljorg since 1996, will retire June 30.... Read More
A Kansas-based manufacturer of recreational vehicle products is expanding in Elkhart. Airxcel Inc. said this week it is moving warehousing and distribution for several of its brands to a 126,000-square-foot facility on the city's north side.... Read More
Mishawaka-based Franciscan Alliance has named Lori Price president and CEO for Franciscan Health Central Indiana, succeeding Dr. James Callaghan, who was promoted to senior vice president and COO for Franciscan Alliance.... 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
A Senate judiciary committee on Wednesday approved a bill doubling pay for jury duty and another allowing courts to make fathers pay for a wider range of pregnancy and childbirth expenses, but committee members said they were actively working on changes.... 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
More than a 1,500 Division I college swimmers, coaches and fans will be in downtown Elkhart this weekend for the 2023 National Invitational Championship. The event, which starts Thursday, will be held at the Elkhart Health & Aquatics Center.... Read More
California-based Mullen Automotive has received approval from the Nasdaq for a 180-day extension to meet the stock market's $1 minimum bid price requirement. The electric vehicle manufacturer is facing delisting after its stock fell below $1 last July.... Read More
To boost travel accommodations in the Starke County city of Knox, economic development officials are using a relatively new investment tool in hotel development. The Starke County Economic Development Foundation has launched a crowdfunding campaign to help bring a midscale, midsized hotel to the city of 3,700.... Read More
The Fort Wayne Philharmonic announced Wednesday it has reached a tentative contract agreement with the Fort Wayne Musicians Association. The deal ends a strike that has been in place since early December.... 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
Indiana University and the Irsay family will formally introduce the new Irsay Institute on the Bloomington campus Thursday. The institute aims to foster collaboration in research, training and institutional social change to address mental health challenges.... Read More
