Becton, Dickinson and Company Stuck With Hefty $340 Million Fine

Becton Dickinson & Co. (NYSE:BDX) must pay $340 million to Retractable Technologies (NYSE:RVP) in their war with over safety syringe technology, a Texas federal judge ruled yesterday.

RTI alleged that BD made false claims in ads that its Integra, Safety-Lok, SafetyGlide and Eclipse safety syringes boast the "world's sharpest needle" and about the amount of "waste space" RTI's VanishPoint syringe.

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