Valeritas Hosts Educational Symposium and Participates in the Metabolic & Endocrine Disease Summit (MEDS) East
03 Octobre 2019 - 1:00PM
Valeritas Holdings, Inc. (NASDAQ: VLRX), a medical technology
company and maker of the V-Go® Wearable Insulin Delivery device,
which uses its proprietary h-Patch™ technology, announced today it
will be hosting an educational symposium and participating at the
Metabolic & Endocrine Disease Summit (MEDS) in Orlando,
Florida. This summit runs from October 2-5, 2019.
MEDS East is a four-day summit focused on
elevating the competence and confidence of nurse practitioners (NP)
and physician assistants (PA) who treat patients affected by common
metabolic and endocrine diseases, including diabetes. On October 4,
Valeritas will be hosting an educational breakfast where attendees
will be given an opportunity to learn and broaden their knowledge
and understanding of V-Go and how its proper use can lead to lower
insulin dose requirements and lower diabetes-related medication
cost while lowering average blood sugar levels, as measured by
A1c.
“We are very excited to participate in the 2019
MED East Summit, as it is designed to enhance the knowledge base of
those healthcare professionals who diagnose, manage, and treat
metabolic and endocrine diseases,” said John Timberlake, President
and Chief Executive Officer of Valeritas. “We have proven
clinically that simplifying insulin delivery with V-Go can lead to
lower average blood sugar levels in type 2 diabetes patients who
require daily insulin. MEDS East gives us a great opportunity
to speak and educate NPs and PAs about our simple, all-in-one
basal-bolus insulin delivery option.”
About Valeritas Holdings,
Inc.
Valeritas is a commercial-stage medical
technology company focused on improving health and simplifying life
for people with diabetes by developing and commercializing
innovative technologies. Valeritas’ flagship product, V-Go®
Wearable Insulin Delivery device, is a simple, affordable,
all-in-one basal-bolus insulin delivery option for patients with
type 2 diabetes that is worn like a patch and can eliminate the
need for taking multiple daily shots. V-Go administers a continuous
preset basal rate of insulin over 24 hours, and it provides
discreet on-demand bolus dosing at mealtimes. It is the only
basal-bolus insulin delivery device on the market today
specifically designed keeping in mind the needs of type 2 diabetes
patients. Headquartered in Bridgewater, New Jersey, Valeritas
operates its R&D functions in Marlborough, Massachusetts.
More information is available
at www.valeritas.com and our Twitter feed
@Valeritas_US, twitter.com/Valeritas_US.
Forward-Looking Statements
This press release may contain forward-looking
statements. Statements in this press release that are not purely
historical are forward-looking statements. Such forward-looking
statements include, among other things, references to Valeritas
technologies, business and product development plans and market
information. Actual results could differ from those projected in
any forward-looking statements due to numerous factors. Such
factors include, among others: the ability to raise the additional
funding needed to continue to pursue Valeritas’ business and
product development plans; Valeritas' expected cash burn rate and
its ability to continue to increase new and total prescription
growth; the effects of the reverse stock split on the trading price
of Valeritas’ common stock, in both the short and long-term; the
ability to continue to commercialize the V-Go® Wearable Insulin
Delivery device with limited resources; competition in the industry
in which Valeritas operates and overall market conditions; the
inherent uncertainties associated with developing new products or
technologies; the potential commercial use of the h-Patch™
technology for subcutaneous delivery of Apo or CBD is dependent on
Valeritas’ ability to identify one or more potential collaboration
partners and enter into mutually agreeable collaboration agreements
(neither the delivery of Apo or CBD by h-Patch™ is currently
cleared for use by the FDA); our statements that (i) subcutaneous
Apo infusions appears to offer qualitatively comparable benefits to
that of oral levodopa and (ii) based on initial studies,
subcutaneous infusion of CBD appears to offer several distinct
advantages over oral dosing of CBD, and other potential benefits of
the h-Patch™ technology to deliver Apo or CBD is based on
third-party clinical studies not conducted by Valeritas; however,
additional studies or research may be needed by our potential
partners to demonstrate to the U.S. Food and Drug Administration
(“FDA”) that delivery of Apo or CBD via the h-Patch™ technology
will offer consistent results to the initial Valeritas study; and
the FDA or other regulatory agencies may require
Valeritas’ collaboration partners to demonstrate the safety or
effectiveness of subcutaneous infusion of Apo or CBD through the
h-Patch™ technology before either of those products can be
commercialized, which can be a lengthy, and uncertain process.
Statements or claims made by third parties regarding the efficacy
or functionality of V-Go as compared to other products are
statements made by such individual and should not be taken as
evidence of clinical trial results supporting such statements or
claims. Any forward-looking statements are made as of the date of
this press release, and Valeritas assumes no obligation to update
the forward-looking statements or to update the reasons why actual
results could differ from those projected in the forward-looking
statements, except as required by law. Investors should
consult all of the information set forth herein and should also
refer to the risk factor disclosure set forth in the reports and
other documents Valeritas files with the SEC available at
www.sec.gov.
Investor Contacts:Lynn Pieper Lewis or Greg
ChodaczekGilmartin Group646-924-1769ir@valeritas.com
Media Contact:Kevin KnightKnight Marketing
Communications, Ltd.206-451-4823pr@valeritas.com
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