The parent Company Lohmann Group was founded in 1851 and is engaged in several main markets including Medical Devices, Adhesive Tape Systems and Nonwoven fabrics. LTS is a separate company, which was incorporated to develop and produce transdermal therapeutic systems. LTS is full service transdermal company capable of performing full product development from the feasibility stage to final production. LTS is not involved in the marketing and distribution of pharmaceutical products. In addition to Transdermal product development and manufacturing LTS also leverages its film technologies for the manufacturing of rapidly disintegrating intraoral films.