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New code helps suppliers

Tuesday, July 30, 2002 | 9:46 a.m.

WASHINGTON -- The hospital purchasing groups' new code of conduct requires that they takes steps to include the most advanced medical products in their contracts with hospitals and that they address suppliers' grievances.

The Senate Judiciary Committee, which oversees antitrust law, requested the guidelines. The committee is probing complaints by Masimo Corp., Retractable Technologies Inc. and other small hospital-supply makers that purchasers are colluding with rivals such as Becton, Dickinson & Co., the No. 1 maker of syringes for diabetics, to siphon off business.

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