Press Releases

Retractable Technologies, Inc. Announces Reduction in Workforce

LITTLE ELM, Texas – Retractable Technologies, Inc. (NYSE American: RVP) reports that it has reduced its workforce by approximately 7%. The reduction is expected to save an estimated $1.6 million in annual wages and benefits, or approximately 7.8% of total estimated workforce costs. The expected savings is offset by one-time

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Retractable Technologies, Inc. Reports Results for 2024

LITTLE ELM, Texas – Retractable Technologies, Inc. (NYSE American: RVP) reports the following information relating to the year ended December 31, 2024. Further details concerning the results of operations as well as other matters are available in Retractable’s Form 10-K filed on March 28, 2025 with the U.S. Securities and

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Press Releases

Tariffs Finalized on Chinese Imports

LITTLE ELM, Texas – Retractable Technologies, Inc. (NYSE American: RVP) announces that on September 13, 2024, the Office of the United States Trade Representative (“USTR”) revealed final adjustments to tariffs placed on Chinese imported syringes and needles. Despite initially proposing a 50% rate, the USTR set the tariff at 100%

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