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Wednesday, May 29, 2019

Valeritas affirms guidance

Valeritas Holdings (NASDAQ:VLRX) is poised to add to yesterday’s rally, up 7% premarket on average volume. This morning it reaffirmed its Q2 revenue outlook of $7.4M – 7.6M and $31.0M – 34.0M for the year.
Shares jumped 35% yesterday in response to updated American Diabetes Association standards of care that includes a “disposable patch-like device” like V-Go.

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