UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  December 22, 2008

 

Retractable Technologies, Inc.

(Exact name of registrant as specified in its charter)

 

Texas

 

000-30885

 

75-2599762

(State or other jurisdiction

 

(Commission

 

(IRS Employer

of incorporation)

 

File Number)

 

Identification No.)

 

511 Lobo Lane, Little Elm, Texas    75068-0009

(Address of principal executive offices)  (Zip Code)

 

Registrant’s telephone number, including area code     (972) 294-1010

 

None

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 8.01             Other Events.

 

Effective as of December 22, 2008, we resolved our existing litigation with MedSafe Technologies, LLC (“MedSafe”) by entering into a PATENT LICENSE/ASSIGNMENT AND SETTLEMENT AGREEMENT with MedSafe and Syringe Development Partners, LLC; William B.S. Pressly, Sr.; Charles A. Vaughn, Sr.; G. Samuel Brockway; and Thomas R. Ellis (collectively, the “MedSafe Plaintiffs”) (the “Settlement Agreement”).  This Settlement Agreement ends the patent infringement litigation between us and MedSafe (over patent no. 6,074,370) that has been pending before the United States District Court for the District of South Carolina, Greenville Division.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

DATE:  December 29, 2008

RETRACTABLE TECHNOLOGIES, INC.

 

 

(Registrant)

 

 

 

 

 

 

 

 

BY:

 /s/ Thomas J. Shaw

 

 

THOMAS J. SHAW

 

 

PRESIDENT AND CHIEF EXECUTIVE

 

 

OFFICER

 

 

 

 

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