INDIANAPOLIS - Indianapolis-based Eli Lilly and Company is restructuring part of its drug product manufacturing. As a result, up to 100 jobs in central Indiana will be cut. However, those jobs will not be entirely lost, officials said Friday.
Patent expirations were the reason behind the cuts and the changes will take place over the next several years.
Company officials said while jobs will be lost with certain products in the pipeline, there will be new opportunities within the company for new products coming soon.
"This transition will take several years to implement. Employees affected by this plan will have opportunities to move elsewhere within manufacturing, such as our growing insulin and biotechnology areas. As previously announced, Lilly continues to advance insulin-related investments in Indianapolis totaling nearly half a billion dollars to expand insulin active ingredient and drug product manufacturing capacity," a spokesman said in a statement.
Watch RTV6 and refresh this page for updates.
Police: Man killed trying to invade ex's home
Officers were on the scene of an apparent defensive killing early Wednesday on the west side of the city.
StormTeam 6 ALERT: Chance of snow Wednesday
It's a StormTeam 6 Alert Day. After dealing with freezing rain and a chaotic commute Tuesday morning, we are now looking ahead…
West-side community center deals w/ leaky roof
After getting more than seven inches of snow -- followed by a blast of rain -- one west-side community center had fallen victim to the…
Mother of fatal hit-and-run victim seeks justice
A grieving mother is asking for justice months after her 18-year-old son was killed in a hit-and-run accident.
Fight breaks out after 8th-grade basketball game
A teen was arrested after dozens of people became involved in a fight at the end of a basketball game between two Indianapolis charter…
Police: Abduction of teens likely drug-related
The abduction of two teenage siblings who were taken to Michigan and later released unharmed is believed to be drug-related, and the…