Valisure Explained

Valisure
Type:Private
Foundation:2015
Location:New Haven, Connecticut
Key People:David LightChip Phillips (CEO)

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

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 White. 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]

Notes and References

  1. News: Edney . Anna . A Tiny Lab Finds Danger on Drugstore Shelves While the FDA Lags Behind . 5 December 2023 . Bloomberg.com . 9 November 2022 . en.
  2. News: Edney . Anna . Griffin . Riley . The Pentagon Wants to Root Out Shoddy Drugs. The FDA Is In Its Way. . 5 December 2023 . Bloomberg.com . 5 December 2023 . en.
  3. News: Smyth . Jamie . US lab at the centre of legal fight over Zantac and cancer . subscription . 6 December 2023 . The Financial Times . 4 September 2022.
  4. News: Erman . Michael . Steenhuysen . Julie . FDA investigating how a known carcinogen wound up in J&J sunscreen . Reuters . 16 July 2021 . en.
  5. News: Perkins . Tom . Carcinogenic chemical benzene found in hundreds of US personal care products . 6 December 2023 . The Guardian . 18 March 2022.
  6. Web site: New Haven-based Valisure names new CEO, announces ‘substantial investments’ . 2024-06-06 . Hartford Business Journal . en-US.
  7. News: Griffin . Riley . Anna . Edney . Not All Generic Drugs Are Created Equal . 5 December 2023 . Bloomberg.com . 16 August 2023 . en.