Retractable Technologies, Inc.

Description

Automated retraction technology with non-detachable needles provides a far safer, cheaper alternative solution to the new needleless systems by allowing the syringe needles to be retracted directly from the standard low-cost pierceable ports rather than from the newer threaded ports that cost several dollars each. Considering that the IV tubing and ports must be changed and discarded on an average 72-hour basis, the introduction of the new systems has provided a "gold mine" to the major manufacturers.

From its very beginning, Retractable Technologies has struggled for market access. Often our salespeople are not even allowed to show our products to hospital materials managers because restrictive GPO contracts effectively preclude their purchase of our products, regardless of their effectiveness in preventing needlestick injuries.

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