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Safetymed is currently engaged in the development of a unique range of safe retractable syringes and medical products. The safety syringe system is designed as a genuine single-use syringe which retracts within its own sleeve cartridge after use. Dosage delivery remains extremely accurate and the company's quality control technologies comply with the standards set in the general health market for such products.

On 28th April 2005, the Company entered into a Strategic Alliance Agreement with the large medical products distributor Exelint International Co. of the USA for the manufacture and production of the Securetouch safety syringe in Korea, and for the exclusive sale and distribution of the product in the United States, Japan, Germany and the United Kingdom