Retractable Technologies, Inc. To Receive Additional Funding From U.S. Government Under Technology Investment Agreement
Retractable Technologies, Inc. To Receive Additional Funding From U.S. Government Under Technology Investment Agreement
05/25/21, 7:41 PM
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Retractable Technologies Inc. (NYSE American: RVP) announced today that it has entered into an amendment to the Technology Investment Agreement (originally awarded on July 1, 2020) with the U.S. government providing $27,365,232 in additional funding. The amendment calls for an increase in existing domestic manufacturing capabilities by a minimum of 50 percent in order to meet ongoing and future U.S