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Valeritas’ V-Go nabs preferred status on OptumRx formularies

January 14, 2019 By Sarah Faulkner

Valeritas V-Go device - updatedValeritas (NSDQ:VLRX) said today that its wearable insulin delivery device, V-Go, won preferred status on the OptumRx formulary.

The Bridgewater, N.J.-based company’s device is designed for people with Type 2 diabetes. The V-Go product is worn like a patch and delivers a preset basal rate of insulin over the course of 24 hours. The device can also deliver on-demand bolus dosing at mealtimes.

Valeritas reported that its V-Go product is available as ‘preferred’ on the OptumRx Select, OptumRx Premium and OptumRx Core formularies.

“We are very excited that V-Go is now Preferred on OptumRx formularies,” CEO John Timberlake said in prepared remarks. “V-Go helps patients simplify their insulin therapy and improve their management of diabetes. With this decision to make V-Go Preferred by OptumRx, V-Go should be even more affordable for many patients with type 2 diabetes.”

Earlier this month, the company’s device won preferred status on Humana’s Part D formularies.

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Filed Under: Diabetes, Drug-Device Combinations, Featured, Pharmaceuticals, Wall Street Beat Tagged With: Valeritas Inc.

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