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Monday, November 30, 2009, 1:24PM ET - U.S. Markets close in 2 hours and 36 minutes. Dow Down 0.19% Nasdaq Down 0.50%
LecTec Corp. (LECT.OB)At 12:49PM ET: 3.55  Down 0.45 (11.25%)  
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LecTec Corp.
1407 South Kings Highway
Texarkana, TX 75501
United States - Map
Phone: 903-832-0993
Fax: 903-832-0994
Web Site: http://www.lectec.com

DETAILS 
Index Membership:N/A
Sector:Healthcare
Industry:Medical Appliances & Equipment
Full Time Employees:4

BUSINESS SUMMARY 
LecTec Corporation operates as an intellectual property licensing and holding company in the United States. The company holds various domestic and international patents and trademarks based on its hydrogel technology. The hydrogel is a gel-like material with an affinity for water and similar compounds, which help to deliver medication onto the skin. It offers an adult vapor patch product for the cough, cold, and flu season. The company has a licensing agreement with Novartis Consumer Health, Inc. for the production of the vapor patches for the pediatric and the adult cough/cold market. It holds 18 U.S. and 42 international patents related to its patch technology. The company was founded in 1977 and is based in Texarkana, Texas.
Key Statistics

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    CORPORATE GOVERNANCE 
    LecTec Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 18.3% of CGQ Universe companies and 9.7% of Health Care Equipment & Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Judd A. Berlin , 52
    Chairman, Chief Exec. Officer, Chief Financial Officer, Principal Accounting Officer, Chairman of Compensation Committee, Chairman of Audit Committee, Member of Exec. Committee and Member of Board Organization Committee
    $ 0N/A
    Mr. William Johnson , 51
    Acting Sec. and Controller
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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