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Great Point Partners Exits Vālenz® Health After 6-Year Partnership

Great Point Partners Exits Vālenz® Health After 6-Year Partnership
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Great Point Partners Exits Valenz® Health After 6-Year Partnership

Great Point Partners Exits Valenz® Health After 6-Year Partnership
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Great Point Partners Exits Vālenz® Health After 6-Year Partnership

Great Point Partners Exits Vālenz® Health After 6-Year Partnership
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Great Point Partners Completes Growth Recapitalization of Velentium

Great Point Partners Completes Growth Recapitalization of Velentium
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Prominent CDMO Tergus Pharma Officially Opens New Headquarters

DURHAM, N.C., May 24, 2021 /PRNewswire-PRWeb/ -- Tergus Pharma, the leading topical Contract Development and Manufacturing Organization (CDMO) with proven topical expertise, officially opened its new, 100,000 sq. ft. headquarters and commercial manufacturing facility with a ribbon-cutting ceremony on May 13, 2021. The event features speeches by North Carolina Gov. Roy Cooper, North Carolina Attorney General Josh Stein, NC Biotech Center President & CEO Doug Edgeton, and was attended by senior executives from Tergus Pharma, members of its board of directors, and other dignitaries. "This event marks a significant turning point for us," said Tergus Pharma Chairman and CEO, Dr. Vijendra Nalamothu before the event. "And the growth spurred on by this facility will create new jobs and business opportunities for the counties of Durham, Wake, and the state of North Carolina. We are proud to be a part of the pharmaceutical success story here in the Triangle area of North Carolina."

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Vālenz® Announces Acquisition of Kozani Health

Vālenz® Announces Acquisition of Kozani Health Share Article GREENWICH, Conn. and PHOENIX (PRWEB) April 05, 2021 Vālenz®, a Great Point Partners II portfolio company, announced today it has acquired Kozani Health, integrating a new and innovative means for self-funded employers and the self-insured community to control costs across the life of a claim. Kozani Health, which provides customized solutions to meet the challenges of paying medical claims appropriately, joins the ever-expanding Valenz portfolio of data and solutions as Valenz ProteKHt™. The new solution offers detailed line-by-line bill reviews performed by nurses, certified coders and practicing specialists to uncover inappropriate billing and care.

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