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Long-Term Investments (Tables)
12 Months Ended
Dec. 31, 2022
Long Term Investment Abstract  
Schedule of ownership percentages of investee
   Ownership percentage    
   December 31,   December 31,   Accounting
Name of related party  2022   2021   treatments
Braingenesis Biotechnology Co., Ltd.   0.22%   0.22%  Cost Method
Genepharm Biotech Corporation   0.92%   0.92%  Cost Method
BioHopeKing Corporation   8.03%   8.03%  Cost Method
BioFirst Corporation   21.77%   21.77%  Equity Method
Rgene Corporation   28.85%   28.85%  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   Loaned from the investee and provides research and development support service
Rgene Corporation   Collaborating with the Company to develop and commercialize drugs

  

Schedule of long-term investment
   December 31,
2022
   December 31,
2021
 
Non-marketable Cost Method Investments, net        
Braingenesis Biotechnology Co., Ltd.  $7,169   $7,941 
Genepharm Biotech Corporation   21,887    24,244 
BioHopeKing Corporation   813,014    900,570 
Subtotal   842,070    932,755 
Equity Method Investments, net          
BioFirst Corporation   
-
    
-
 
Rgene Corporation   
-
    
-
 
Total  $842,070   $932,755 

 

Schedule of balance sheet
   December 31,
2022
   December 31,
2021
 
Current Assets  $1,543,151   $2,205,669 
Noncurrent Assets   739,472    959,454 
Current Liabilities   2,663,051    2,909,703 
Noncurrent Liabilities   103,447    32,522 
Stockholders’ Equity   483,874    222,898 

 

   December 31,
2022
   December 31,
2021
 
Current Assets  $68,302   $73,452 
Noncurrent Assets   303,893    374,423 
Current Liabilities   2,478,868    1,934,786 
Noncurrent Liabilities   2,441    
-
 
Shareholders’ Deficit   (2,481,309)   (1,486,911)

 

Schedule of statement of operation
   Year Ended
December 31,
 
   2022   2021 
Net sales  $30,162   $26,693 
Gross profit   8,239    8,348 
Net loss   (1,274,539)   (2,276,892)
Share of losses from investments accounted for using the equity method   
-
    (269,844)

 

   Year Ended
December 31,
 
   2022   2021 
Net sales  $
   -
   $
-
 
Gross Profit   
-
    
-
 
Net loss   (1,550,123)   (576,514)
Share of loss from investments accounted for using the equity method   
-
    
-
 

  

Schedule of equity investments
   Year Ended
December 31,
 
   2022   2021 
Share of equity method investee losses  $
      -
   $(269,844)