Valeritas Wins A Cardinal Health Supply Chain Excellence Award For Second Consecutive Year

Bridgewater, NJ - Valeritas Inc. announced recently that for the second year in a row it is a recipient of a Cardinal Health Supply Chain Excellence Award. The 2015 award was presented this afternoon at Cardinal's annual Business Partners Conference in Columbus, Ohio.

Cardinal Health, Inc. is a $103B health care services company that improves the cost-effectiveness of health care. Cardinal Health provides pharmaceuticals and medical products and services to more than 100,000 locations each day and is also the industry-leading direct-to-home medical supplies distributor.

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 each and every one of Cardinal's valued business partners. Approximately 10% of the 800 manufacturers eligible received awards.

"We are delighted to be recognized by Cardinal Health again this year. Valeritas understands the Cardinal metrics and habitually and reliably executes a very well organized and professional working protocol consistently meeting Cardinal’s benchmarks and strict criteria. Valeritas is dedicated to being a good partner, not only for patients but also for distributors who stock and supply the V-Go Disposable Insulin Delivery Device. We look forward to continuing in this light and to realizing additional future successes together,” said Kristine Peterson, Chief Executive Officer of Valeritas."

Valeritas also announced today that it will continue to participate on the Cardinal Health Supplier Advisory Board. The company was invited to participate on the Board in 2013. The Board, comprised of ten core members, makes recommendations to Cardinal to improve supplier relations and maintain high standards of achievement.

"Being part of the Cardinal Health Supplier Advisory Board is an honor and a privilege as it affords an opportunity to actively contribute to the further advancement of the industry and its systems. Membership is also especially important for Valeritas, as it supports V-Go’s classification as a branded product. Though V-Go is a non-drug device, it is treated as a branded pharmaceutical and is available to patients at retail pharmacies. This is very unique, as most medical devices are not available to patients at retail pharmacies," said Kathy Lang, Senior Director, Trade Relations at Valeritas and Member of the Cardinal Health Supplier Advisory Board.

V-Go is a simple, wearable, basal-bolus insulin delivery solution for patients with diabetes that enables patients to administer a continuous, preset basal rate of insulin over 24 hours and provides on demand bolus dosing at mealtimes with U-100 fast acting insulin.