State loan for Cody Labs advances, review continues

Lannett Co. CEO Arthur Bedrosian appears on the Fox Business program Mornings With Maria in 2015 to discuss his company's work in the generic pharmaceutical industry.

The Wyoming State Loan and Investment Board voted last week to approve an $11 million low-interest loan for pharmaceutical ingredient manufacturer Cody Laboratories. The approval came despite an ongoing federal grand jury investigation of Cody Labs' parent company for possible antitrust violations. On the same day the State Loan and Investment Board approved the loan, new information was published by Forbes, detailing what it said was Lannett's 1,650 percent price hike for a generic anti-psychotic medication, as well as an ongoing dispute between Lannett CEO Arthur Bedrosian and the Internal Revenue Service, which claims Bedrosian owes more than $1 million in penalties and interest. Continue Reading →

Snow briefly closes east entrance to Yellowstone

Two motorists pause at a pull-out atop Sylvan Pass to discuss snowy road conditions Tuesday in Yellowstone National Park.

The East Entrance to Yellowstone National Park was briefly closed Tuesday after steady snowfall Monday made travel over Sylvan Pass too hazardous. Several inches of snow accumulated along the 8,524-foot pass, and park officials closed the pass in the early morning hours of Tuesday until about mid-day.The road between Cody, Wyo. and Fishing Bridge was re-opened around 11 a.m., and traffic was moving smoothly over the pass early Tuesday afternoon, despite continuing snowfall. Continue Reading →

Cody Labs’ parent company draws scrutiny for ‘staggering price increases’

Lannett Co. CEO Arthur Bedrosian appears on the Fox Business program Mornings With Maria in 2015 to discuss his company's work in the generic pharmaceutical industry.

As the Wyoming State Loan and Investment Board prepares to meet Thursday to consider a proposed $9.87 million low-interest loan for pharmaceutical ingredient manufacturer Cody Laboratories, the applicant's parent company finds itself at the center of a growing national backlash over spiraling prescription drug prices. Cody Labs is a wholly owned subsidiary of Philadelphia-based Lannett Co., a generic pharmaceutical manufacturer founded in 1942 and valued at nearly $1 billion. Lannett has hiked prices on some of its key products by more than 800 percent in recent years. Continue Reading →

Limited oversight in Cody Labs loan review

The Wyoming State Loan and Investment Board votes Thursday on a proposed $9.87 million low-interest loan for pharmaceutical ingredient manufacturer Cody Laboratories, a move proponents say will help create dozens of new jobs and generate more than $4 million in state and local taxes over 11 years. But two other companies are vying for limited funds from the same state loan program, and the vote comes as Cody Labs' parent corporation faces growing scrutiny over its generic prescription drug pricing. Philadelphia-based Lannett Co. has increased prices on some of its key generic drug products by more than 800 percent in recent years. Continue Reading →

Yellowstone River reopens after deadly parasite killed thousands of fish

Montana wildlife officials on Friday reopened a 17-mile section of the Yellowstone River to fishing and other recreational activities, ending a month-long closure prompted by the spread of an aquatic parasite that had killed thousands of fish. The section of river upstream from the small tourist town of Livingston was the last to be reopened after an August 19 order closed 183 miles (295 km) of the river from Gardiner, near the northern boundary of Yellowstone National Park, stretching downstream to Laurel. Continue Reading →

Veteran Yellowstone birder leads Hayden Valley Hawk Watch

A rough legged hawk takes flight east of Yellowstone National Park.

Throughout the summer, thousands of visitors come to Yellowstone National Park to catch a glimpse of awe-inspiring predators like grizzly bears and gray wolves. But during the fall, there's a different group of apex predators who travel through Yellowstone in search of prey. They often strike without warning, and sometimes go unseen until the fatal moment. Migratory raptors like hawks are a familiar sight in the park at this time of year, and visitors have a rare chance to learn about raptors from an expert, while also helping track birds of prey as part of a citizen science effort that could inform management decisions in Yellowstone. Continue Reading →

Forest trails offer unique scenic drives for four-wheelers

The Kirwin Ghost Town near Meeteetse, Wyo. is a popular Shoshone National Forest destination for four-wheelers.

CODY, WYO. — With cooler weather arriving over the Labor Day weekend and a hint of fall in the air, many local residents are engaging in an annual ritual of regret and last-minute planning as they attempt to enjoy the outdoors just a few more times before warm weather slips away for the year. But escaping the crowds isn’t always easy, with popular roadside campgrounds and recreation areas seeing heavy traffic from visitors and residents alike. And not everyone has the time (or stamina) for a multi-day backcountry hike. Fortunately, a reliable four-wheel-drive vehicle and a little planning can open vast stretches of wild landscapes to drivers willing to do a little trekking. Continue Reading →

Yellowstone faces crowds, growing challenges as Park Service celebrates centennial

Attendees at an outdoor concert held near Yellowstone National Park last week as part of the National Park Service's Centennial Celebration were told to expect traffic jams, parking hassles and long lines for admission. While the Aug. 25 event brought less congestion than anticipated, that same advisory could also apply to many summer days in Yellowstone itself. Continue Reading →

Yellowstone south entrance reopens after closure due to wildfire

Authorities have closed the main connector road between the south end of Yellowstone National Park and northern border of Grand Teton National Park after a wildfire that started last month has grown to nearly 7,000 acres. The closure means vacation travelers must detour at least 150 miles to move between the neighboring parks, which are connected by an 8-mile scenic parkway. Continue Reading →

Cody Chamber drops support for Spring Into Yellowstone wildlife festival

After four seasons, the future is uncertain for a spring wildlife festival that was created to build early season tourism traffic, and focus on Cody as a travel destination for nature lovers who wanted a sneak peek of Yellowstone National Park before the summer crowds. The Cody Country Chamber of Commerce will no longer take a leading role in organizing Spring Into Yellowstone, executive director Tina Hoebelheinrich said, but it will assist in a transition to any credible group that wants to take over the nonprofit event. Continue Reading →