Cook Medical Devices and Purdue University announced yesterday they will work together to create an investment fund for life science startups.
The Senate rejected a House proposal Monday to repeal the medical device tax that is a mandate in the Affordable Care Act.
Cook Medical recently announced the company's 10th division.
Cook Medical will have to pay more in a medical device tax, but company executives say employee jobs will not be at risk because of the increased cost.
Bill Cook will lie in repose Saturday from 10-6 at the Cook global headquarters.
Cook was medical equipment group founder and wealthiest man in Indiana.