| Retractable Technologies, Inc. |
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511 Lobo Lane PO BOX 9
Little Elm, TX 75068-0009 USA
phone:
972-294-1010
fax:
972-292-3600 |
| Symbol |
RVP |
| Exchange |
AMEX |
| Founded |
1994 |
| Employees |
137 |
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 www.vanishpoint.com |
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| Research Sector |
Medical Devices & Tech |
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| Summary Description |
| Safety needle devices for the healthcare industry. |
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| Management |
| Thomas J. Shaw, Chairman, President, CEO; Steven R. Wisner, Executive Vice President; Lawrence G. Salerno, Director of Operations; James A. Hoover, Director of Quality Assurance; Russell B. Kuhlman, Vice President of Sales; Kathryn M. Duesman, Director of Clinical Services; Douglas W. Cowan, Vice President and CFO, Treasurer; Michele M. Larios, Vice President and General Counsel; R. John Maday, Production Manager |
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| Keywords |
| needle stick, hepatitis, hepatitis c, hiv, aids, syringe, catheter, safety needle, HIVAIDS |
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Description |
| Retractable Technologies, Inc. (RTI) designs, manufactures and markets safety needle devices for the healthcare industry. |
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| Products / Services |
RTI produces VanishPoint automated retraction safety syringes and blood collection devices, which virtually eliminate health care worker exposure to accidental needlestick injuries. The company's products also include a dental syringe, a butterfly IV, a self retracting IV catheter introducer and an auto-disable syringe.
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| Technology / Differentiation |
| RTI's VanishPoint products utilize a friction ring mechanism, which permits the automated retraction of the syringe needle into the barrel of the syringe, directly from the patient, after delivery of the medication is completed. The VanishPoint blood collection tube holder utilizes the same mechanism to retract the needle after blood has been drawn from the patient. VanishPoint products are designed specifically to prevent needlestick injuries and to prevent reuse. |
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| Market / Customers |
RTI's products are sold to and used by U.S. healthcare providers, including acute care hospitals, alternate care facilities, doctors' offices, clinics, emergency centers, surgical centers, convalescent hospitals, veterans administration facilities, military organizations, public health facilities and prisons.
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| Competitors / Substitutes / Alternatives |
Retractable Technologies main competitors are ICU Medical Inc.
Terumo Corporation and Tyco International Ltd.
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| Strategy |
The Company distributes its products throughout the United States and its territories through general line and specialty distributors. It also utilizes international distributors. RTI has developed a national direct marketing network in order to market its products to health care customers and their purchaser representatives.
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Biotech & Specialty Pharma
Healthcare Services
Medical Devices & Tech
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