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Bradley Bostic is aiming to raise the funds through a new “blank check company,” called Future Health ESG, that will hold its initial public offering in coming weeks. → Read More
Gil Peri, a 6-foot, 8-1/2-inch, gregarious administrator with an easy laugh, started his job on June 28, after spending about four years as president and chief operating officer at Connecticut Children’s Medical Center. → Read More
Eli Lilly and Co. said Wednesday that the U.S. government will accept 300,000 vials of the drug, called bamlanivimab, if the Food and Drug Administration grants emergency authorization for its use. → Read More
Around Indiana, hospital officials say they have stepped up safety precautions in the wake of the COVID-19 outbreak. But even amid extensive preparation, some acknowledge that if the disease spreads quickly, it could test their facilities. → Read More
Tracking down who might have come into contact with the first patient to test positive will require plenty of legwork, and more cases are sure to arise, officials said. → Read More
Indiana health officials are investigating 30 cases of severe lung injury linked to vaping. Eight of those have been confirmed—most of them among individuals between the ages of 16 and 29. Earlier this month, the state confirmed the first death linked to vaping. → Read More
The east-side site was used by Colonial Baking Co. as warehouse storage, truck loading and truck repair from the mid-1950s through the 1990s. It is contaminated with heavy metals and petroleum compounds, and has remained unused for decades. → Read More
Indiana accounted for 4% of the nation’s opioid-related deaths, but received just 1.9% of the nation’s $11 billion opioid-related funding awarded to states over the past two years, according to the new study. → Read More
The multibillion-dollar deal would swell the size of Elanco, which already is the fourth-largest global player in animal health. → Read More
Patricia Martin, 58, former chief operating officer of Lilly's diabetes division, will start her new job July 1, leading an organization that promotes and invests in the state's life sciences sector. → Read More
The Rand Corp. study, which examined nearly 1,600 hospitals in 25 states, found that Indiana prices are the highest compared with Medicare fees. → Read More
Endocyte Inc.'s decision two years ago to shelve its own pipeline and look for other opportunities was a difficult call that eventually paid off for investors, its former CEO said Friday at IBJ's Life Sciences Power Breakfast. → Read More
Caprice R. Bearden, the company's former compliance officer, pleaded guilty in November to multiple criminal charges related to the sale of over-potent drugs. She later testified against her boss, who was convicted and awaits sentencing. → Read More
The utility had wanted to build the gas-fired plant to replace aging coal-burning units, but regulators said the plan was too risky and inflexible. → Read More
Long a leader in diabetes and neuroscience drugs, Eli Lilly and Co. is pushing hard and spending record sums to turbocharge its oncology business, potentially a huge growth area. → Read More
American Resources Corp., formed in 2015, specializes in buying distressed coal assets from struggling or bankrupt coal operators. → Read More
Mayflower Communities of Dallas, owner of 271-unit Barrington complex, has filed for bankruptcy after missing three bond payments and falling into default. → Read More
The Indianapolis company, formed in 2009, makes apps that allow users to track buses in real time and hail rides on demand. It is merging with Ride Systems LLC to gain more users and build market share. → Read More
State Sen. John Ruckelshaus said too many new hospitals, especially in small wealthy clusters, might be driving up the cost of health care. He said his bill was prompted by a recent effort by St. Vincent to rezone a 30-acre site in Carmel. → Read More
Solinftec said Thursday it would invest $50.6 million to establish operations in the Hoosier state. The company makes technology that helps farmers collect and analyze data to increase crop returns. → Read More