- Indiana passed a near-total ban on abortion on Friday.
- Pharmaceutical company Eli Lilly, which is headquartered in Indianapolis, said has raised concerns.
Eli Lilly and Company said the company would " be forced to plan for more employment growth outside our home state," following Indiana's near-total ban on abortion.
Indiana Gov. Eric Holcomb signed Senate Bill 1 on Friday, becoming the first state to establish an abortion ban following the Supreme Court's decision to overturn Roe v. Wade.
The new law makes exceptions for abortions in cases of rape or incest, when the pregnancy threatens the mother's life, or if "the fetus is diagnosed with a lethal fetal anomaly."
The ban goes into effect on September 15.
Eli Lilly, which is headquartered in Indianapolis, employs over 10,000 people in the state.
In a statement to Insider on Saturday, the company said they're concerned the ruling will impact their ability to attract "diverse scientific, engineering and business talent from around the world."
"While we have expanded our employee health plan coverage to include travel for reproductive services unavailable locally, that may not be enough for some current and potential employees," the statement said.
"As a global company headquartered in Indianapolis for more than 145 years, we work hard to retain and attract thousands of people who are important drivers of our state's economy. Given this new law, we will be forced to plan for more employment growth outside our home state."