Roche-backed startup reflects potential of drugmaker spinoffs

Ascendium Consulting, a health care consultancy spun off from Roche Diagnostics, is among the life-sciences startup firms in Indianapolis that have attracted more early-stage investments, creating jobs and driving industry growth. Indiana officials hope these spinoffs, backed by companies such as Roche and Eli Lilly and Co., will help offset job losses from cost-cutting efforts by major drugmakers.

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