Skip to Content

Wyoming drug-manufacturing operation to close down

Wyoming’s only drug-manufacturing business is closing its operations in Cody, resulting in about 80 employees losing their jobs.

The Cody Enterprise reports Cody Laboratories has been producing generic prescription pain medications for nearly two decades.

On Tuesday, the Philadelphia-based Lannett Co. informed its employees that attempts to find a potential buyer for its Cody subsidiary have failed in part because of concerns over lawsuits against opioid manufacturers.

Cody employees will be laid off in three phases through late September.

Company spokesman Robert Jaffe says in a media release that all employees are being offered a severance package and services to assist them with the transition.

Forward Cody CEO James Klessens expressed concern about the people losing jobs and says the organization has begun identifying ways to help them.

Article Topic Follows: News

Jump to comments ↓

Author Profile Photo

News Team

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content