Valisure

Last updated
Valisure
Company type Private
Founded2015
Founders
  • David Light
  • Adam Clark-Joseph
HeadquartersNew Haven, Connecticut
Key people
David Light Chip Phillips (CEO)
Website valisure.com

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 Light. They also announced funding from AlleyCorp and Connecticut Innovations. [6]

Clients of Valisure include Kaiser Permanente and the United States Armed Forces. [2] [7]

References

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


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