Valeritas Wins Fifth Consecutive Cardinal Health Supply Chain Excellence Award

10/17/18

BRIDGEWATER, N.J., Oct. 17, 2018 (GLOBE NEWSWIRE) -- Valeritas Holdings, Inc. (NASDAQ: VLRX), a medical technology company and maker of V-Go Wearable Insulin Delivery device, a simple, all-in-one, wearable insulin delivery option for patients with diabetes, announced today it has been awarded a Cardinal Health Supply Chain Excellence Award for the fifth consecutive year.

“Receiving the Cardinal Health Supply Chain Excellence Award for the fifth consecutive year demonstrates our strong commitment to our V-Go customers,” said John Timberlake, President and Chief Executive Officer of Valeritas. “Partnering with strong companies like Cardinal Health helps to ensure their subscribers have easy and dependable access to the V-Go Wearable Insulin Delivery device.”

Cardinal Health is a global, integrated healthcare services and products company, providing customized solutions for hospitals, health systems, pharmacies, ambulatory surgery centers, clinical laboratories and physician offices worldwide. Candidates for the Cardinal Health Supply Chain Excellence Award were judged across a variety of metrics specifically targeted at the importance of developing collaborative relationships with manufacturers and providing exceptional service to every one of Cardinal Health's valued business partners. Cardinal Health uses ten metrics to measure a manufacturer’s performance throughout the year and presents manufacturers who earn at least 80% of available points with a Supply Chain Excellence Award.

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, www.twitter.com/Valeritas_US.

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