In recognition of the record-setting gift, the IU Board of Trustees voted Wednesday to name the Kelley School’s graduate division the Jeffrey H. Thomasson Graduate School of Business.
The expansion will boost production of Lilly’s KwikPen injectable device, which is used to deliver diabetes and obesity medications Mounjaro and Zepbound.
The collaboration follows conversations with stakeholders who described the difficulty of recruiting and retaining skilled medical laboratory professionals.
The growing demand from pharmaceutical firms and a desire by those companies to bring more of their operations back to the United States are driving growth for the locally based logistics provider.
The funding commitment from Telamon Corp. CEO Stanley Chen and his wife, Allison, will be doubled to $2 million by a dollar-by-dollar match by IU Health.