A squeezable bottle containing fluids has a mouth for dispensing the fluid. An elastic valve is retained between a closing support retainer and a containment ring. The closing support retainer is secured to the mouth of the bottle and to the elastic valve and has passages for fluid through itself. The containment ring prevents the elastic valve from expanding too far outwardly over at least some of the valve's surface. A fluid passage is formed between the elastic valve and a rigid cap that leads to a dispensing opening. The dispensing opening is sealed by a round disc which is integrally formed with the elastic valve and seats on seat on the cap. This arrangement allows the contents of the bottle to remain sanitary over time.