Taiwanese Pharmaceuticals & Biotech Potentially Undervalued Small Caps

Chi Sheng Pharma & Biotech

Market Cap: NT$1.8b

Manufactures, processes, imports, exports, and sells western medicines, cosmetics, health food products, medical devices, and animal medicines in Taiwan and internationally.

TSH Biopharm

Market Cap: NT$1.9b

Develops and markets pharmaceutical products in Taiwan.

Winston Medical Supply

Market Cap: NT$1.2b

Winston Medical Supply Co.,Ltd. develops, manufactures, and distributes pharmaceuticals, nutrition supplements, and cosmeceutical products in Taiwan and internationally.

Bioray Biotech

Market Cap: NT$550.3m

Engages in the production, research, and sells health foods, immune cell products, and precision testing services in Taiwan.

3D Global Biotech

Market Cap: NT$2.0b

Manufactures and sells medical devices for human body reconstruction.