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.
Suspect, victim in murder-suicide identified
Police now know the identities of the two people shot and killed in an apparent murder-suicide on the city's northeast side.
Cool through Thursday
Much warmer Friday through Sunday!
NWS confirms Sunday storms produced tornado
The National Weather Service confirmed Tuesday a severe storm that hit Central Indiana over the weekend produced a tornado in Montgomery County.
WATCH: Dash cam captures Zionsville tornado
A tornado that hit Boone County last week and flattened a barn was captured by a Zionsville police officer's dash cam.
PHOTOS: Home at center of Fogle scandal for sale
It is one of the most infamous properties in Indianapolis and former Subway pitchman Jared Fogle wants to sell it.