Valeritas Signs Exclusive Middle East Distribution Agreement with Julphar
VALERITAS HOLDINGS (VLRX)
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Source: GlobeNewswire
- V-Go distribution deals now span 14 countries and territories - BRIDGEWATER, N.J., Nov. 13, 2018 (GLOBE NEWSWIRE) -- Valeritas Holdings, Inc. (NASDAQ: VLRX), a medical technology company, has signed an exclusive distribution agreement with Julphar, one of the largest pharmaceutical manufacturers in the Middle East and Africa, for the commercialization of its V-Go Wearable Insulin Delivery device in the GCC (Gulf Cooperation Council). V-Go® Wearable Insulin Delivery device is a simple, all-in-one, wearable insulin delivery option for adult patients with diabetes. Under the terms of the agreement, Julphar will have the rights to promote, market, and sell V-Go to diabetes clinics and patients in the GCC. “Diabetes is now a worldwide epidemic. Currently, 425 million people suffer with diabetes, and that number is expected to grow to 629 million,” said John Timberlake, CEO and President of Valeritas. “For many patients with diabetes around the world, being able to adhere to a dail
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