TheraTech is now a subsidiary of the publicly traded company Watson Pharmaceuticals also based in Salt Lake City UT. The firm now is focused to develops controlled-release and other drug delivery products for conditions ranging from angina to anxiety. Its products are administered through the skin, orally, and by inhalation. Products include a testosterone transdermal system for men (Androderm) and a transdermal osteoporosis product for women (Alora). The company's consumer products subsidiary, Natrapac, offers antiwrinkle patch Face Lift through a licensing agreement. In addition to its FDA-approved products, TheraTech has 20 other drug-delivery products in the pipeline. TheraTech has alliances with such companies as SmithKline Beecham, Eli Lilly, Pfizer, and Procter & Gamble
