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BD/RTI syringe settlement

This article was originally published in The Gray Sheet

Executive Summary

Retractable Technologies, Inc. will receive $100 mil. from BD to settle a 1999 lawsuit alleging conspiracy to prevent sales of its VanishPoint retractable syringes. RTI settled with the three other defendants - competitor Tyco Healthcare and hospital group purchasing organizations Premier and Novation - in May 2003, providing access to contracts and financial remuneration (1"The Gray Sheet" March 1, 1999, p. 20)...
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