Valisure
| Company type | Private |
|---|---|
| Founded | 2015 |
| Founders |
|
| Headquarters | New Haven, Connecticut |
Key people | David Light Chip Phillips (CEO) |
| Website | valisure |
Valisure is an American independent laboratory focused on the testing the purity and safety of pharmaceutical drugs and consumer products.[1] Valisure was founded in 2015 in New Haven.[1]
History
[edit]Valisure was founded in 2015 by Adam Clark-Joseph and David Light.[2] After taking an anticonvulsant medication and experiencing negative side effects due to the poor quality of the drug, Clark-Joseph contacted Light about establishing a business testing pharmaceutical products.[2] Valisure was originally established as a pharmacy, which, unlike typical pharmacies, tested drugs before distributing them.[1] Valisure divested of the pharmacy business in 2021, opting instead to focus on testing.[1]
In 2019, Valisure reported that it had tested Zantac and generic equivalents and discovered that they contained N-Nitrosodimethylamine, which is thought to be a carcinogen.[3] In 2021, Johnson & Johnson recalled sun tan lotions after Valisure discovered they contained high levels of benzene.[3][4][5]
In February 2024, Valisure announced Chip Phillips as their new CEO, succeeding David Light. They also announced funding from the AlleyCorp and Connecticut Innovations.[6]
Clients of Valisure include Kaiser Permanente and the United States Armed Forces.[2][7]
References
[edit]- ^ a b c d Edney, Anna (9 November 2022). "A Tiny Lab Finds Danger on Drugstore Shelves While the FDA Lags Behind". Bloomberg.com. Retrieved 5 December 2023.
- ^ a b c Edney, Anna; Griffin, Riley (5 December 2023). "The Pentagon Wants to Root Out Shoddy Drugs. The FDA Is In Its Way". Bloomberg.com. Retrieved 5 December 2023.
- ^ a b Smyth, Jamie (4 September 2022). "US lab at the centre of legal fight over Zantac and cancer". The Financial Times. Retrieved 6 December 2023.
- ^ Erman, Michael; Steenhuysen, Julie (16 July 2021). "FDA investigating how a known carcinogen wound up in J&J sunscreen". Reuters.
- ^ Perkins, Tom (18 March 2022). "Carcinogenic chemical benzene found in hundreds of US personal care products". The Guardian. Retrieved 6 December 2023.
- ^ "New Haven-based Valisure names new CEO, announces 'substantial investments'". Hartford Business Journal. Retrieved 2024-06-06.
- ^ Griffin, Riley; Anna, Edney (16 August 2023). "Not All Generic Drugs Are Created Equal". Bloomberg.com. Retrieved 5 December 2023.
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