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Long-Term Investments (Tables)
6 Months Ended
Jun. 30, 2022
Long Term Investment [Abstract]  
Schedule of ownership percentages of investee
   Ownership percentage    
   June 30,   December 31,   Accounting
Name of related party  2022   2021   treatments
Braingenesis Biotechnology Co., Ltd.   0.17%   0.17%  Cost Method
Genepharm Biotech Corporation   0.70%   0.70%  Cost Method
BioHopeKing Corporation   5.90%   5.90%  Cost Method
BioFirst Corporation   15.99%   15.99%  Equity Method
Rgene Corporation   31.62%   31.62%  Equity Method

 

Schedule of extent the investee relies
Name of related party   The extent the investee relies on the Company for its business  
Braingenesis Biotechnology Co., Ltd.   No specific business relationship
Genepharm Biotech Corporation   No specific business relationship
BioHopeKing Corporation   Collaborating with the Company to develop and commercialize drugs
BioFirst Corporation   Collaborating with the Company to develop and commercialize drugs
Rgene Corporation   Collaborating with the Company to develop and commercialize drugs

  

Schedule of long-term investment
   June 30,
2022
   December 31,
2021
 
   (Unaudited)     
Non-marketable Cost Method Investments, net        
Braingenesis Biotechnology Co., Ltd.  $7,411   $7,941 
Genepharm Biotech Corporation   22,628    24,244 
BioHopeKing Corporation   840,532    900,570 
Sub total   870,571    932,755 
Equity Method Investments, net          
BioFirst Corporation   
-
    
-
 
Rgene Corporation   
-
    
-
 
Total  $870,571   $932,755 

 

Schedule of balance sheet
   June 30,
2022
   December 31,
2021
 
   (Unaudited)     
Current Assets  $2,065,236   $2,205,669 
Non-current Assets   877,630    959,454 
Current Liabilities   3,501,538    2,909,703 
Non-current Liabilities   113,615    32,522 
Stockholders’ Equity (Deficit)   (672,287)   222,898 

 

   June 30,
2022
   December 31,
2021
 
   (Unaudited)     
Current Assets  $1,227,904   $73,452 
Noncurrent Assets   330,231    374,423 
Current Liabilities   2,221,846    1,934,786 
Noncurrent Liabilities   
-
    
-
 
Shareholders’ Deficit   (663,711)   (1,486,911)

 

Schedule of statements of operation
   Six Months Ended
June 30,
 
   2022   2021 
   (Unaudited)     
Net sales  $15,398   $13,500 
Gross profit   3,375    3,203 
Net loss   (872,254)   (465,704)
Share of losses from investments accounted for using the equity method   
-
    (101,382)

 

    Six Months Ended
June 30,
 
    2022     2021  
    (Unaudited)  
Net sales   $ -     $ -  
Gross Profit     -       -  
Net loss     (295,517 )     (228,451 )
Share of loss from investments accounted for using the equity method     -       -  

 

Schedule of equity investments
   Six Months Ended
June 30,
 
   2022   2021 
   (Unaudited) 
Share of equity method investee losses  $
         -
   $(101,382)