A Glimpse into the Future of Nuclear Medicine
Our FrameWORX series this year has been a fascinating journey through the pillars of our strategic life sciences plan for Indiana. Our final event of the year – held earlier this month at the Indiana Biosciences Research Institute – can feel like a big gulp of science. But no area captures Indiana’s life sciences growth like nuclear medicine and radiopharmaceuticals.
Indiana leads the nation in conventional pharmaceutical exports, and at least 14 life sciences companies today are developing and manufacturing radiopharmaceuticals – propped by our state’s central location and logistics expertise. Decades of life sciences leadership are complemented by the logistics required to produce treatments and diagnostics that leave little room for shelf life. Radioactive materials degrade quickly, and each dose must reach the intended patient within 3 to 5 days from production. Indiana’s FedEx hub, the second largest in the world, is a major advantage – as is the fact Central Indiana is a 12-hour drive from approximately half the U.S.
Indiana is on the leading edge of a booming technology. Nuclear medicine is a $6 billion industry in the U.S. and is expected to triple in the next 7 years. Heartland BioWorks, designated a regional technology and innovation hub by the federal Economic Development Administration, has established BioTrain, an institute designed to prepare talent for entry-level biomanufacturing roles. BioTrain will be located at the 16 Tech Innovation District. And just north of Indianapolis, Purdue has the nation’s largest nuclear medicine pharmacy program in the country.
As demonstrated at our FrameWORX, radiopharmaceuticals are used in nuclear medicine imaging and procedures – particularly for prostate and other cancers. They are administered systemically, but their biomolecular properties cause them to localize in specific tissues. Years ago, doctor might use a sledgehammer approach to treatment – in other words, diagnose and treat a large swath of the body to address diseases that were challenging to pinpoint. Radiopharmaceuticals are more like using an arrow and bull’s eye. Precision leads to less invasiveness and more precise treatments for patients.
Researchers and business leaders from IU School of Medicine, Purdue, life sciences companies, and the patient advocacy world drove a robust discussion about the future of radiopharmaceuticals. Perhaps no one said it better than Geoff Towle, a vice president and senior general manager at Novartis. Geoff joined us from his New Jersey headquarters because his company has built a large radiopharmaceutical manufacturing plant in Indianapolis.
“This feels like reimagining medicine,” he said. “Nuclear medicine is incredibly effective and exquisitely targeted. Patients are waiting for this and that’s what we need to focus on.”
Thank you to our December FrameWORX Presenting Sponsor

Leading by Example: Life Sciences Manufacturing in Indiana
From Development to Delivery: Indiana’s Edge in Life Sciences Manufacturing
Indiana’s heritage in life sciences manufacturing dates back more than 100 years. In 1923, Eli Lilly and Company became the first-ever organization to mass produce insulin for patients living with diabetes—helping change the trajectory of countless lives around the world.
Indiana stands as a leader in manufacturing, drawing envy from states nationwide. Our state leads the nation in pharmaceutical exports and holds the second place in exporting life sciences products. The path ahead is marked by significant opportunities, such as Lilly’s $9 billion manufacturing pledge in Boone County, our pioneering role in radiopharmaceutical manufacturing, and Ivy Tech’s recent unveiling of a 4,000-square-foot Biopharma Science and Technology Lab. These developments position Indiana at the forefront of potential growth, provided we maintain our focus and continue to drive forward with unwavering commitment.
Our latest FrameWORX discussion on manufacturing was held before an overflow crowd on June 20 in the Fishers Life Sciences and Innovation District, another Central Indiana community that is booming with life sciences jobs.
Our host, INCOG BioPharma Services, has been around less than five years and recently received FDA approval for a new sterile injectable facility, positioning the company as an emerging contract manufacturing leader. Our other guests – representing diverse organizations such as Lilly, Purdue, IEDC, Langham Logistics, and Stevanato Group – agreed that Indiana’s leadership was underscored by the diverse and engaged crowd that showed up to learn and discuss how we can sharpen our skills.
There’s no finish line when it comes to life sciences manufacturing. Like the rest of the world, technology and customer needs are moving fast: AI, digital twins, and continuous manufacturing are evolving quickly, and Hoosier companies must keep up. Other states want what we have here – but we must keep the conversation going.
Thank you to our expert panelists:
- Riccardo Butta, President – Americas, Stevanato Group
- Cory Lewis, CEO and President, INCOG BioPharma Services
- Brooke Kendzicky, Sr. Director, Global Supply Chain Resiliency & Sustainability, Eli Lilly and Company
- Leanne Merriman, Director of Customer Experience, Langham Logistics
- Dr. Elizabeth Topp, Director, William D. and Sherry L. Young Advanced Manufacturing of Pharmaceuticals Institute
- Jessica Tower, VP of Attractions, Indiana Economic Development Corporation
Thank you to our series title sponsors, Faegre Drinker, as well as our presenting sponsors and hosts for this event, INCOG BioPharma Services.
Join us on September 18 for our next FrameWORX, Fueling the Future: Indiana’s Life Sciences Workforce.
BioCrossroads is excited to announce FrameWORX: Innovating Across Indiana: The Strengths of Our Regional Life Sciences Hubs on Wednesday, May 8 at the Indiana Biosciences Research Institute.
This event will bring together key experts representing regional innovation hubs across Indiana, showcasing the groundbreaking achievements and future potential of our state’s innovation hubs. They will share insights into the innovation, collaboration, and advancements happening across Indiana’s life sciences ecosystem, thanks to these collective and focused regional efforts.
Speakers will include:
- Vincent Jo Davisson, Founder and Chief Scientific Officer, Amplified Sciences
- John Fernandez, Senior Vice President, Innovation & Strategic Partnerships, The Mill Bloomington
- Jim Lancaster, President, Global Reconstruction Business, Zimmer Biomet
- Ben Larson, Director of Manufacturing, Evonik
- Eric Munson, Head of Industrial and Molecular Pharmaceuticals, Purdue University
- Rahul Shrivastav, Executive Vice President and Provost, Indiana University Bloomington
- Bob Vitoux, President and CEO, OrthoWorx
FrameWORX: Innovating Across Indiana: The Strengths of Our Regional Life Sciences Hubs
Wednesday, May 8
3:30-5:30 p.m.
Indiana Biosciences Research Institute
Future FrameWORX Events