On September 3, 2019, Valeritas Holdings, Inc. was informed by Rodney Altman, M.D., a member of the Company's Board of Directors (the Board"), that he will be resigning as a director of the Company, to be effective by September 30, 2019. Dr. Altman has advised the Company that he is resigning because he accepted a healthcare investing role with a financial services corporation, and the corporation is requiring him to resign from all public company boards.