Global Pharmaceuticals & Biotech Potentially Undervalued Small Caps

Decibel Cannabis

Market Cap: CA$63.5m

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

Trajan Group Holdings

Market Cap: AU$33.6m

Develops, manufactures, and sells analytical and life science products and devices in Malaysia, Japan, Australia, New Zealand, the United States, Europe, the Middle East, Africa, and India.

SkinBioTherapeutics

Market Cap: UK£27.2m

A life science company, engages in research and development, and commercialization of technology that harnesses the microbiome for human health in the United Kingdom, the United States, Europe, and internationally.

Rhone Ma Holdings Berhad

Market Cap: RM 155.3m

An investment holding company, engages in the manufacture, trading, marketing, and distribution of biotechnology and animal health products primarily in Malaysia.

Biofrontera

Market Cap: US$14.0m

A biopharmaceutical company, engages in the commercialization of pharmaceutical products for the treatment of dermatological conditions in the United States.

Medical Developments International

Market Cap: AU$43.9m

Manufactures and distributes emergency medical solutions in Australia, Asia, Europe, the United States, and internationally.

hVIVO

Market Cap: UK£45.3m

Operates as a full-service early specialist contract research organisation in the United Kingdom, Europe, and North America.

Botanix Pharmaceuticals

Market Cap: AU$71.1m

Operates as a commercial dermatology company in Australia and the United States.

TScan Therapeutics

Market Cap: US$59.8m

A clinical-stage biotechnology company, develops T cell receptor-engineered T cell (TCR-T) therapies for the treatment of patients with cancer in the United States.

Cantargia

Market Cap: SEK 456.9m

A biotechnology company, develops pharmaceuticals for treatment of cancer, inflammatory, and autoimmune diseases.

Traws Pharma

Market Cap: US$10.2m

A clinical-stage biopharmaceutical company, develops small synthetic molecules for respiratory viral diseases and cancer.

Rubicon Organics

Market Cap: CA$30.4m

Engages in the production, processing, and sale of organic cannabis for the recreational and medical-use markets in Canada and internationally.

Navamedic

Market Cap: NOK 384.9m

A pharmaceutical company, develops, produces, markets, and sells pharmaceuticals and related products in Norway, Sweden, Denmark, Finland, the Netherlands, and internationally.

Beit Jala Pharmaceutical

Market Cap: د.أ25.3m

Engages in the manufacture and sale of pharmaceutical products in the Palestinian Authority.

SOL Global Investments

Market Cap: CA$1.1m

A private equity firm specializing in emerging growth.

BIO-FD&CLtd

Market Cap: ₩71.4b

Develops active ingredients for anti-aging cosmetics in South Korea.

Infinium Pharmachem

Market Cap: ₹3.3b

Engages in the manufacture and supply of iodine, iodine derivatives, and active pharmaceutical ingredients (APIs) in India and internationally.

Ascelia Pharma

Market Cap: SEK 67.0m

A biotech company, develops identifies, develops, and commercializes novel drugs to treat orphan oncology treatments in Sweden.

Haleos Labs

Market Cap: ₹4.8b

Engages in the manufacturing of active pharmaceutical ingredients (API) and intermediates in India.

Arterra Bioscience

Market Cap: €20.2m

A research-based biotech company, engages in the research and development of various ingredients and natural solutions.

Sprint Bioscience

Market Cap: SEK 373.5m

A pharmaceutical company, engages in the development of drug candidates to treat cancer in Sweden.

NUTEX Investments

Market Cap: Ft2.1b

Provides health preserving, health promotion, nutritional supplement, and cosmetic products in Hungary and internationally.

Seach Medical Group

Market Cap: ₪86.1m

Manufactures and sells medicinal cannabis products worldwide.

PhoenixBio

Market Cap: JP¥1.4b

Provides contract testing services for medical product development in Japan, the United States, and internationally.

DIOD Maker of Eco-Friendly Equipment and Nutrition

Market Cap: ₽677.1m

DIOD Maker of Eco-Friendly Equipment and Nutrition Public Joint Stock Company researches, develops, manufactures, and sells nutritional supplements, pharmaceuticals, active cosmetics, and health equipment for home use.

Double Bond Pharmaceutical International

Market Cap: SEK 12.9m

A pharmaceutical company, engages in the development and commercialization of approaches for the treatment of oncological and infectious diseases.

Pharma-Bio Serv

Market Cap: US$11.5m

Operates as a regulatory affair, compliance, and technology transfer services consulting firm in Puerto Rico, the United States, Europe, Brazil, and internationally.

P&K Skin Research Center

Market Cap: ₩50.2b

Engages in the evaluation and research of dermatological products in South Korea.

Central Pharmaceutical No3

Market Cap: ₫1.3t

Engages in the manufacturing and sale of pharmaceutical products primarily in Vietnam and internationally.

Phapros

Market Cap: Rp220.1b

Operates in the pharmaceutical industry in Indonesia.

APTOCROM

Market Cap: ₩18.7b

Distributes pharmaceutical products in South Korea.

RP Bio

Market Cap: ₩49.7b

A bio-health company, engages in the research, development, manufacture, and sale of soft capsules in Korea and internationally.

aTyr Pharma

Market Cap: US$50.0m

A clinical stage biotechnology company, engages in the discovery and development of product candidates that translate tRNA synthetase biology into new therapies for fibrosis and inflammation in the United States.

May & Baker Nigeria

Market Cap: ₦67.3b

May & Baker Nigeria Plc, together with its subsidiaries, manufactures, sells, and distributes human pharmaceuticals, human vaccines, and consumer products in Nigeria.

Grace Therapeutics

Market Cap: US$40.2m

Engages in the development and commercialization of pharmaceutical products for rare and orphan diseases in Canada.

Avant Brands

Market Cap: CA$8.1m

Avant Brands Inc. cultivates, produces, markets, and sells cannabis products in Canada.