no it wouldn't work. the thp ether group has to be cleaved off, which is done in the acidic enviroment of the stomach, the blood has a neutral ph, so the steroid would remain inactive.
it's why no one has come out with a transdermal version, it would of been a big flop.
but that is why you have to dose so much, once the thp ether is removed in the stomach, you have active steroid, with nothing to protect it from the rest of the metabolic process.