AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

First and foremost: Adhesive patches: LecTec Corp. (H&BA Vendor Outlook 2002).

Mass Market Retailers

| February 11, 2002 | COPYRIGHT 2002 Racher Press, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MINNETONKA, Minn. -- If there is one word that best characterizes LecTec Corp. it is innovation. The company was founded as a manufacturer of surgical tape, sheet hydrogels, and medical electrodes.

In 1996 LecTec began developing topical delivery patch products. Over the last two years, however, it has exited the tape and hydrogel businesses in order to concentrate on the field it entered in 1998: manufacturing topical adhesive patches.

Although patch therapy had been widely used in Asia for many years, it was largely unknown to Americans when LecTec entered the field four years ago. But that situation has changed dramatically. "In 1998 there were 10 patch products doing about $7.1 million in sales," recalls Tim Quinn, manager of consumer brands. "Today there are about 59 patch products generating about $47.5 million in sales--a 590% increase."

With 25 of the 59 products now on the market, LecTec can reasonably claim to be the North American patch therapy expert. That does not mean, however, that the company views its position with complacency. On the contrary, it has aggressively taken on the role of pioneer in introducing patch technology into a succession of product categories.

LecTec's TheraPatch brand first debuted in the external analgesic segment with the TheraPatch Cool and TheraPatch Warm products and in the cough/ cold segment with TheraPatch Vapor products. It then introduced patch therapy to the anti-itch category with TheraPatch Anti-Itch for Kids and TheraPatch Anti-Itch Outdoors. Versions that target the effects of psoriasis, cold sores and fever blisters, and headache and fever then followed.

Related articles from newspapers, magazines, journals, and more
Patch Products, Inc., Becomes a USO Official Sponsor.
Press release article from: PR Newswire April 20, 2004 700+ words
...WASHINGTON, April 20 /PRNewswire/ -- Patch Products, Inc., is the USO's newest official...military personnel and their families. Patch Products will stock USO centers throughout the...CEO, said: "We are proud to have Patch Products as an official sponsor, and are thankful...
LecTec Corporation Signs Agreement with Novartis Consumer Health to Provide...
Press release article from: Business Wire September 14, 2000 700+ words
...Inc. to manufacture two vapor patch products under the cough/cold brand Triaminic(R). These vapor patch products utilize LecTec Corporation's...exclusive rights to distribute vapor patch products for pediatric use in the United...
Patch Products is Playing with *NSYNC.
Press release article from: PR Newswire August 10, 2000 700+ words
...10 /PRNewswire/ -- Toy, game and puzzle manufacturer Patch Products announced that it has begun national distribution of the...project was meant to fly. TriBond is the game that put Patch Products on the map, and the *NSYNC Backstage Pass game will turn...
Patch products gain ground among consumers.(topical analegesics)(Brief Article)
Magazine article from: Chain Drug Review February 26, 2001 700+ words
...the topical analgesics category these days is coming from patch products, items that are winning increasing trial and acceptance...merchandising for May's Drug Stores Inc. Holetz adds that not all patch products have perfonnedup to that level for the chain, which has...
Strong Growth for Skin Patch Products and Therapies Seen; New Survey by...
Press release article from: Business Wire June 5, 2003 700+ words
...transdermally through improved designs and smaller form factors, patch products have been introduced in several over-the-counter categories...detailed product and market information on more than fifty patch products in more than two dozen market categories. Patch technology...
Patch proves perfect once again.(What's New? Holiday Gift Guide)(games from...
Magazine article from: USA Today (Magazine) November 1, 2004 700+ words
...to search out the latest line of games and puzzles from Patch Products, Inc., Beloit, Wisc. We're never disappointed. This...contest for anyone who loves the 1964 animated classic. All Patch products are available online (www.patchpreducts.com) or wherever...
You might be a redneck if ...(WHAT'S NEW? Holiday Gift Guide)(Patch Products...
Magazine article from: USA Today (Magazine) November 1, 2006 700+ words
Each year, Patch Products, Inc., Beloit, Wis., sends us a catalog brimming with card...numbers 0-9 are hidden in the scenery. To learn more about Patch products, visit www.patchproducts.com. [ILLUSTRATION OMITTED]
Ethical Holdings Plc and G.D. Searle & Co. Enter Strategic Alliance in the...
Press release article from: PR Newswire December 17, 1996 700+ words
...the world's leading companies in the development of HRT patch products. The addition of these products to our portfolio represents...Further Information on Ethical Ethical has a wide range of HRT patch products under development and on the market, arising from distinct...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA