Prior to the end of 2004 LecTec was a health care and
consumer products company that manufactured products
based on its advance skin interface technologies. Its primary
products included a line of over-the-counter therapeutic
patches.
After completing all of its manufacturing contracts with
customers in December 2004, LecTec ceased all
manufacturing activities and became an intellectual
property licensing and holding company. The Company's
primary focus is to obtain royalty income through licensing
agreements related to patents that they own based on its
advanced skin interface technologies. We are innovator in
hyrogel-based topical delivery of therapeutic OTC medications,
which provide alternative to topical creams and ointments. A
hyrogel is a gel-llike material having an affinity for water and
similar compounds. These gels are ideal for delivering
medication onto the skin. |