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Companies

Valera Pharmaceuticals

Valera is a specialty pharmaceutical company focusing on Drug Delivery and Products in Urology, Oncology and Endocrinology

The company in detail

Summary

Valera Pharmaceuticals (originally Hydro Med Sciences) was founded in 1972 and is credited with the development of soft contact lenses which were sold to Allergan in 1987. The company completed a $7 million private placement of a Series A Convertible Preferred Stock in January 2002. Until this point, Hydro Med Sciences had been a wholly owned subsidiary of GP Strategies. Hydro Med Sciences changed its name to Valera Pharmaceuticals in September 2003. Today, Valera Pharmaceuticals focuses on specialty drug delivery with its unique hydrogel-based Hydron technology.

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