Global Pharmaceuticals & Biotech Potentially Undervalued Small Caps

Decibel Cannabis

Market Cap: CA$69.2m

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

Forum Markets

Market Cap: US$64.9m

A financial technology company, develops a blockchain-based platform focused on the acquisition, structuring, and tokenization of real-world assets worldwide.

SkinBioTherapeutics

Market Cap: UK£25.1m

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.

Little Green Pharma

Market Cap: AU$26.0m

Engages in the cultivation, production, and distribution of medicinal cannabis products in Australia and internationally.

Biofrontera

Market Cap: US$10.6m

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$42.8m

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

Cantargia

Market Cap: SEK 536.5m

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

Botanix Pharmaceuticals

Market Cap: AU$65.3m

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

Rubicon Organics

Market Cap: CA$28.4m

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 419.7m

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

Trajan Group Holdings

Market Cap: AU$48.1m

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.

Beit Jala Pharmaceutical

Market Cap: د.أ25.3m

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

Sprint Bioscience

Market Cap: SEK 344.0m

A pharmaceutical company, engages in the development of pharmaceutical products in the areas of cancer in Sweden.

NUTEX Investments

Market Cap: Ft2.1b

Provides health preserving, health improving, dietary supplement, and cosmetic products in Hungary and internationally.

PhoenixBio

Market Cap: JP¥1.7b

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

BIO-FD&CLtd

Market Cap: ₩90.7b

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

Rhone Ma Holdings Berhad

Market Cap: RM 153.1m

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

SOL Global Investments

Market Cap: CA$1.1m

A private equity firm specializing in emerging growth.

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.

Grace Therapeutics

Market Cap: US$39.8m

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

aTyr Pharma

Market Cap: US$53.2m

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: ₦86.3b

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

Avant Brands

Market Cap: CA$9.8m

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

Ildong Holdings

Market Cap: ₩85.3b

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

Kidswell Bio

Market Cap: JP¥7.4b

Develops pharmaceutical products for the treatment of pediatric, pediatric, intractable, and Asia-endemic diseases in Japan.

Linical

Market Cap: JP¥5.0b

A global contract research organization provides full spectrum of drug development services to pharmaceutical companies worldwide.

P&K Skin Research Center

Market Cap: ₩56.7b

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

APTOCROM

Market Cap: ₩25.4b

Distributes pharmaceutical products in South Korea.

RP Bio

Market Cap: ₩47.0b

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

Central Pharmaceutical No3

Market Cap: ₫1.3t

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

Phapros

Market Cap: Rp230.2b

Operates in the pharmaceutical industry in Indonesia.

Brooks Laboratories

Market Cap: ₹2.0b

Provides contract development and manufacturing services for pharmaceutical companies in India and internationally.

Amwill Health Care

Market Cap: ₹686.7m

A derma-cosmetic company, engages in the development and contract manufacturing of generic dermatological solutions in India.

Genomed Spólka Akcyjna

Market Cap: zł33.6m

Provides DNA sequencing and analysis and diagnostics services for congenital diseases in Poland.

Cian Healthcare

Market Cap: ₹206.5m

Engages in the research, development, manufacture, marketing, and sale of pharmaceutical products in India.