economic development

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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 →

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Yellowstone and Grand Teton near top of list in visitor spending

Only a handful of National Park Service destinations generate the magnitude of spending by visitors in gateway communities as the powerful duo of Yellowstone and Grand Teton national parks. The 241-mile Blue Ridge Parkway cresting the southern Appalachian Mountains of North Carolina is the only Park Service attraction to fuel more visitor spending than Yellowstone and Grand Teton, according to a Park Service report released this week titled 2012 National Park Visitor Spending Effects. Continue Reading →

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Big Sky Rising: Is Bozeman a model for a new economy in greater Yellowstone?

No one is suggesting that quaint Bozeman, Mont. will become the next Santa Clara, Calif. It's considered a generation behind the evolution, even, of Boulder, Colo. But many do believe it epitomizes the emergence of the Green Coast economy – and could be a model for other rural communities across the West. Continue Reading →

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