After buying thousands of acres in Boone County to home a contentious technology park, the Indiana Economic Development Corp.

Eli Lilly is pumping iron in the GLP-1 prescription ring, gaining muscle with a 52.4% market share and a beefy $1,100 target.

Eli Lilly and Co. and Purdue University announced Friday that Lilly will invest $250 million in a collaboration between the two over the next eight years. Lilly’s investment is intended to accelerate ...