Lilly anticipates prasugrel decision today

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	Friday, September 26, 2008
	Lilly anticipates prasugrel decision today Eli Lilly and Co. will learn a lot about its future today. The U.S. Food and Drug Administration is scheduled to rule on Lilly's new blood-thinner prasugrel today after a nine-month review of clinical trial data. If approved, prasugrel will go on the market immediately under the name Effient. Prasugrel is the first big test of Lilly's ability to replace revenue it will lose in 2011 when patent exclusivity expires on its bestselling drug, the antipsychotic Zyprexa.   Panel approves Indianapolis commuter rail plan A regional transit organization has voted in favor of a $160 million plan to establish a 19-mile commuter rail line between Noblesville and downtown Indianapolis. The Indiana Regional Transportation Council voted unanimously today for the proposal to use diesel engines for a commuter line along an old Nickel Plate railroad between the northern suburb and Union Station downtown. Indianapolis Metropolitan Planning Organization manager Mike Dearing says the vote is just one of several hurdles before the rail line becomes a reality.
	Finish Line profit beats expectations Indianapolis-based Finish Line reported a second fiscal-quarter profit of $13.1 million yesterday, after posting a $1.8 million loss a year earlier. The 24-cents-a-share profit in the period ended Aug. 30 was better than the 17 cents anticipated by analysts surveyed by Thomson Financial. Sales at stores open at least a year increased 4.7 percent, an improvement the athletic shoe and clothing seller attributed to a boost in the quality of merchandise even as inventory was reduced.   Evansville may lose Mead Johnson home base Mead Johnson Nutrition Co., the unit of Bristol-Myers Squibb Co. that is being spun off as a separate company, is considering moving its headquarters out of Evansville. Mead Johnson, which makes Enfamil and other baby food products, wants better access for international travel, according to the Evansville Courier & Press. New York-based Bristol-Myers said earlier this month that it plans to go ahead with plans announced in April to spin off Mead Johnson Nutrition by selling stock to the public.   Anderson economic development funds tight Anderson officials fear they will lose an economic development prospect because tax constraints imposed by the Legislature have crimped the amount of incentives the city can offer. Linda Dawson, who leads economic development for Anderson, said the city needs to boosts its incentive package by about 20 percent to be competitive. However, caps on taxes that can be levied by cities and towns have forced Anderson to tighten the package.   BP chief admits failure to consider public reax The head of BP America Inc. says the company didn't anticipate the strong public reaction to its plans for a $3.8 billion expansion to its refinery in Whiting. Repeating earlier comments that the British company followed Indiana law and secured appropriate environmental permits, BP's Robert Malone told The Times of Munster on Wednesday that he did not initially recognize "the passion" people have for Lake Michigan. "There are times when the truth hurts," Malone said during a visit to The Times office.   Parks district to reuse RCA Dome roof The Indianapolis Department of Parks and Recreation imagines a future where pieces of the RCA Dome roof are sprinkled throughout the city as everything from picnic shelters to shades for pool lifeguards. Director Stuart Lowry said the district hopes to salvage as much of the seven-plus acres of roof as can be taken down safely and stored. "We have a lot of areas we can use this for," Lowry said.
	Cultural void at the debates A "well-duh" conversation that won't happen at the debates. Lou Harry's A&E Then & Now: The Dome Moon walks on the RCA Dome. Property Lines Velodrome becomes slippery slope City parks seek profit by making cycling track a sledding hill. The Score From IBJ staff - Compiled by Norm Heikens Suspect recovering after police-action shooting Indianapolis police say officer Michael Phillips shot a man in self-defense early this morning after Phillips pulled him over in his car near 13th Street and Emerson Avenue on the east side. Phillips shot twice and hit the man in the stomach after the man got out of the car brandishing a gun. The bullet was removed at Wishard Hospital. Fox 59 will have more at 10 p.m.
	One dead following gunfire near park As many as 50 shots were fired during a fight on the west side yesterday evening, resulting in the death of one man and another man being hit in the leg. The dead man was found at 2824 W. 10th St., near Denver Park. Police have questioned two people. Men suspected of shooting boy appear in court Two men accused of shooting 12-year-old DeAngelo Hawkins on Sept. 16 appeared in court this morning. Julius Cox and Emmanuel Phillips face charges of criminal recklessness and carrying a handgun without a license after an east-side gunfight that left the boy shot in the stomach. The boy returned home from the hospital earlier this week after a successful surgery. Cox faces an additional charge of aggravated battery.
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