Eli Lilly's Solanezumab was a medicine that aimed to reduce symptoms in patients with mild dementia due to Alzheimer's.

The news of layoffs follows last month's announcement concerning the failure of Solanezumab, which Lilly hoped would be the first drug to slow the progression of Alzheimer's Disease.

In a letter, Vermont Sen. Bernie Sanders and Maryland Rep. Elijah Cummings criticize three insulin manufacturers -- including Indianapolis-based Eli Lilly -- for skyrocketing insulin prices.

Lilly's retiring chief, John Lechleiter, led the company to new prosperity during his eight-year tenure.

The philanthropic arm of drugmaker Eli Lilly is increasing its public backing of the United Way.

The emerging treatment is offering new hope for patients and shows promise in shaping the future of cancer treatment.

The grant will be used to prescription drug disposal sites at pharmacies in Indiana so members of the public can turn in unused medications for safe disposal and avert potential misuse..

Highlights from Monday's City-County Council meeting.

The drugmaker announced Monday that the new building will feature a multi-disciplinary laboratory where organic chemists and engineers will work alongside other scientists in multiple research areas.