Global Pharmaceuticals & Biotech Healthy potentially undervalued

Trulieve Cannabis

Market Cap: US$1.8b

Operates as a cannabis retailer in the United States.

High Tide

Market Cap: CA$285.6m

Engages in the cannabis retail business in Canada, the United States, and internationally.

Innovent Biologics

Market Cap: HK$165.6b

A biopharmaceutical company, engages in the research and development of antibody and protein medicine products in the People’s Republic of China, the United States, Europe, and internationally.

CorMedix

Market Cap: US$557.0m

A biopharmaceutical company, focuses on developing and commercializing therapeutic products for life-threatening diseases and conditions in the United States.

Hypera

Market Cap: R$15.2b

Operates as a pharmaceutical company in Brazil.

Hugel

Market Cap: ₩2.8t

Develops and manufactures biopharmaceuticals in South Korea and internationally.

Yunnan Baiyao GroupLtd

Market Cap: CN¥90.0b

Engages in the sale of pharmaceuticals, medicinal materials, health and daily chemical products in China.

UCB

Market Cap: €41.8b

A biopharmaceutical company, develops products and solutions for people with neurology and immunology diseases worldwide.

Elanco Animal Health

Market Cap: US$11.1b

An animal health company, innovates, develops, manufactures, and markets products for pets and farm animals worldwide.

Kuros Biosciences

Market Cap: CHF 918.0m

Engages in the commercialization and development of biologic technologies for musculoskeletal care in the United States of America, the European Union, and internationally.

Green Thumb Industries

Market Cap: CA$2.2b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

Dong-E-E-Jiao

Market Cap: CN¥33.6b

Engages in the research, development, production, and sale of donkey-hide gelatin and related products in China and internationally.

Prestige Consumer Healthcare

Market Cap: US$2.5b

Develops, manufactures, markets, distributes, and sells over the counter (OTC) health and personal care products in North America, Australia, and internationally.

Bavarian Nordic

Market Cap: DKK 14.0b

Develops, manufactures, and supplies life-saving vaccines.

Virbac

Market Cap: €2.8b

Manufactures and sells a range of products and services for companion and farm animals in Europe, North America, Latin America, East Asia, India, Africa, the Middle East, the United States, Brazil, and the Pacific.

Duopharma Biotech Berhad

Market Cap: RM 1.2b

Researches, develops, manufactures, markets, sells, imports, and distributes pharmaceutical products and medicines in Malaysia and internationally.

Dong-A ST

Market Cap: ₩368.2b

Develops, manufactures, and markets pharmaceutical products in South Korea and internationally.

Amoy Diagnostics

Market Cap: CN¥7.6b

Engages in research and development, production, sale, and supporting services of tumor precision medical diagnostic products in China and internationally.

Journey Medical

Market Cap: US$177.0m

A commercial-stage pharmaceutical company that focuses on the development and commercialization of pharmaceutical products for the treatment of dermatological conditions in the United States.

Fennec Pharmaceuticals

Market Cap: US$414.5m

Operates as a commercial stage biopharmaceutical company in the United States.

Cresco Labs

Market Cap: CA$484.0m

Cresco Labs Inc. cultivates, manufactures, and sells retail and medical cannabis products in the United States and Germany.

Decibel Cannabis

Market Cap: CA$66.4m

An integrated cannabis company, engages in the cannabis cultivation, processing, and sale of cannabis flower products in Canada.

Tarsus Pharmaceuticals

Market Cap: US$3.1b

A commercial stage biopharmaceutical company, focuses on the development and commercialization of therapeutic candidates for eye care in the United States.

China Resources Pharmaceutical Group

Market Cap: HK$30.7b

An investment holding company, engages in the manufacture, distribution, and retail of pharmaceutical and other healthcare products in Mainland China and internationally.

United Laboratories International Holdings

Market Cap: HK$17.7b

An investment holding company, engages in the research and development, manufacture, distribution, and sale of pharmaceutical products.

Daewoong Pharmaceutical

Market Cap: ₩1.4t

Develops, manufactures and commercializes pharmaceutical products in South Korea and internationally.

Dermapharm Holding

Market Cap: €2.0b

Manufactures and sells off-patent branded pharmaceutical products in Germany, Italy, France, Austria, Switzerland, Spain, Portugal, the Netherlands, Croatia, Poland, Ukraine, the United States, and China.

Laboratorios Farmaceuticos Rovi

Market Cap: €3.0b

Manufactures, sells, and markets pharmaceutical products in Spain, European Union, OECD countries, and internationally.

Perrigo

Market Cap: US$1.8b

Provides over-the-counter health and wellness solutions in the United States, Europe, and internationally.

Tianjin Ringpu Bio-TechnologyLtd

Market Cap: CN¥8.9b

Engages in the research and development, production, and sale of veterinary raw materials, pharmaceutical preparation, functional additives, and veterinary biological products.

Imeik Technology DevelopmentLtd

Market Cap: CN¥31.1b

Engages in the research and development, and transformation of biomedical materials and biopharmaceutical products in China.

Tasly Pharmaceutical Group

Market Cap: CN¥23.1b

Engages in the research, development, production, and sale of pharmaceuticals in China.

Clinuvel Pharmaceuticals

Market Cap: AU$483.6m

A biopharmaceutical company, focuses on developing and commercializing treatments for patients with genetic, metabolic, systemic, and life-threatening disorders in Australia, Europe, the United States, Switzerland, and internationally.

Cellectis

Market Cap: €202.1m

A clinical stage biotechnological company, develops products based on gene-editing with a portfolio of allogeneic chimeric antigen receptor T-cells product candidates in the field of immuno-oncology and gene therapy product candidates in other therapeutic indications.

GSK

Market Cap: UK£74.4b

Engages in the research, development, and manufacture of vaccines, specialty medicines, and general medicines to prevent and treat disease in the United Kingdom, the United States, and internationally.

Tecan Group

Market Cap: CHF 2.4b

Provides laboratory instruments and solutions in biopharmaceuticals, forensics, and clinical diagnostics in Europe, North America, Asia, and internationally.