Thursday, October 18, 2007

Duke to build again near Keystone, I-465

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Thursday, October 18, 2007

Duke to build again near Keystone, I-465
Locally based Duke Realty Corp. plans to build another north-side office building, this time along River Road near Keystone Avenue and Interstate 465. And Duke already has signed a major tenant, locally based Advantage Health Solutions Inc., which will take 40,000 square feet of the 120,000-square-foot, four-story building. The building will be constructed on six acres next door to Duke's River Crossing I office building.   Full Story

Lilly to push ahead on inhaled insulin

Eli Lilly and Co. today said it would plow ahead with plans to develop an inhaled insulin product even as competitor Pfizer Inc. announced it would stop making its poor-selling Exubera version. Lilly President and Chief Operating Officer made the comment while discussing the Indianapolis drugmaker's third-quarter results. Profit was up 6 percent, to $926.3 million, from a year earlier.   Full Story

Pfizer halts production of Exubera in Terre Haute
Pfizer Inc. has halted production of the inhaled diabetes drug Exubera at its Terre Haute plant following the company's decision to drop the insulin drug due to disappointing sales, a Pfizer spokesman said today. The New York-based company has placed about 600 of the 750 workers at its Vigo County plant-Pfizer's sole Exubera production center-on paid leave as it weighs the plant's future, said spokesman Rick Chambers. For now, he said the plant's 150 other workers will continue making two antibiotics.   Full Story

Developers eye 800 acres for Daleville rec complex
Peoples Management Resource, a New York development company, is negotiating to buy as many as 800 acres near Daleville for a possible entertainment and recreation complex, according to the The Star Press in nearby Muncie. The project, near Interstate 69 and State Road 67, would include hotels, stores, an indoor water park and a skating rink, the newspaper reported, quoting business consultants who are attempting to negotiate options on the property. About 1,800 jobs would be created.

Controversial psychiatrist to leave advisory panel
A Minnesota psychiatrist who received more than $350,000 in speaking and consulting fees from Indianapolis-based Eli Lilly and Co. and other pharmaceutical companies will quit a panel that advises the state on drugs for low-income Medicaid patients. Dr. John E. Simon said yesterday that he would resign because the organization that originally asked him to serve, the Minnesota Psychiatric Society, was "a little uncomfortable with the appearance of conflict of interest" posed by his panel membership.   Full Story

From IBJ staff and Associated Press-Compiled by Norm Heikens

GeneralNews
Severe weather produces tornado watch
Strong winds and heavy rain prompted a tornado watch in Marion County today. The storm caused thousands of power outages across central Indiana, and the winds knocked out electricity to nearly everyone in Noblesville. More severe weather is expected to roll through the area later today. Fox 59 News will have the latest at 10 p.m.

Fishers trying to control annexation of Geist

The town of Fishers was expected to file a lawsuit today to try to ensure the annexation of Geist. The suit asks the court to rule that efforts by Geist residents to become two towns are legally flawed and untimely. The suit also asks for a judge to rule that Fishers was working on annexing the area first, therefore letting the town's petitions be the only ones to move forward.


Carmel prevails, plans for annexation move forward
Home Place residents are trying to figure out their next step, now that an appeals court has ruled in favor of Carmel's plans to annex their neighborhood. Carmel Mayor Jim Brainard said that he is pleased with the decision, while residents of the area are concerned about higher taxes.

Police: Toddler watched couple make sex tape
Investigators say Corrine Soissong, Indianapolis, and her then-boyfriend, Keith Harrison, made a sex tape in front of Soissong's daughter in June. Police say the little girl could be seen on the tape watching the couple. The two pleaded not guilty to charges in court yesterday, but they could spend up to three years in prison if convicted and pay a $10,000 fine.

IBJHealthCareWeekly
Indianapolis hospitals get mixed grades
It's report card time. HealthGrades released its annual report Oct. 15 on 5,000 hospitals across the nation, including those in Indianapolis. The local houses of health care were quick with news releases and even ads, touting areas where the Colorado agency rated them the best. But the grades are likely to dizzy most consumers. And good luck trying to determine an overall "best" hospital. With 27 categories from pneumonia to peripheral vascular bypass there's something for every hospital to celebrate-and to sweep under the rug.   Full Story   Full Story

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