TheraTech Inc., 417 Wakara Way, a company manufacturing controlled-release drug products, had net income of $1.4 million or 7 cents per share in the quarter ending June 30, compared with net income of $1.3 million or 6 cents per share in the same period a year ago.

Dinesh C. Patel, chairman, president and chief executive officer, said the sale of Androderm, FaceLift and Anti-Wrinkle Patch products were the primary reasons the company's net income increased in the second quarter of 1998.