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Long-Term Investments (Tables) | 9 Months Ended
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Sep. 30, 2023
Long-Term Investments [Abstract] |
Schedule of Ownership Percentages of Each Investee | The ownership percentages of each investee are listed as follows:
|  | Ownership percentage |  |  |
|  | September 30, |  |  | December 31, |  |  | Accounting
Name of related party |  | 2023 |  |  | 2022 |  |  | 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 |  |  | 23.53 | % |  |  | 21.77 | % |  | Equity Method
Rgene Corporation |  |  | 28.85 | % |  |  | 28.85 | % |  | Equity Method
Schedule of Extent the Investee Relies | The extent the investee relies on the company for its business are summarized as follows:
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 investee and provides research and development support service
Rgene Corporation |  | Collaborating with the Company to develop and commercialize drugs
Schedule of Long-Term Investment | Long-term investment mainly consists of the following:
|  | September 30, 2023 |  |  | December 31, 2022 |
|  | (Unaudited) |  |  |  |
Non-marketable Cost Method Investments, net |  |  |  |  |  |
Braingenesis Biotechnology Co., Ltd. |  | $ | 6,838 |  |  | $ | 7,169 |
Genepharm Biotech Corporation |  |  | 20,876 |  |  |  | 21,887 |
BioHopeKing Corporation |  |  | 775,491 |  |  |  | 813,014 |
Sub total |  |  | 803,205 |  |  |  | 842,070 |
Equity Method Investments, net |  |  |  |  |  |  |  |
BioFirst Corporation |  |  | 1,874,190 |  |  |  | - |
Rgene Corporation |  |  | - |  |  |  | - |
Total |  | $ | 2,677,395 |  |  | $ | 842,070 |
Schedule of Balance Sheet | Balance Sheet
|  | September 30, 2023 |  |  | December 31, 2022 |
|  | (Unaudited) |  |  |  |
Current Assets |  | $ | 1,690,060 |  |  | $ | 1,543,152 |
Non-current Assets |  |  | 651,221 |  |  |  | 739,472 |
Current Liabilities |  |  | 2,236,708 |  |  |  | 2,663,051 |
Non-current Liabilities |  |  | 366,634 |  |  |  | 103,447 |
Stockholders’ Equity (Deficit) |  |  | (262,061 | ) |  |  | (483,874 | )
|  | September 30, 2023 |  |  | December 31, 2022 |
|  | (Unaudited) |  |  |  |
Current Assets |  | $ | 56,091 |  |  | $ | 68,302 |
Non-current Assets |  |  | 239,594 |  |  |  | 303,893 |
Current Liabilities |  |  | 2,407,204 |  |  |  | 2,478,868 |
Non-current Liabilities |  |  | 1,465 |  |  |  | 2,441 |
Shareholders’ Deficit |  |  | (2,112,984 | ) |  |  | (2,109,114 | )
Schedule of Statement of Operation | Statement of Operations
|  | Nine months Ended September 30, |
|  | 2023 |  |  | 2022 |
|  | (Unaudited) |
Net sales |  | $ | 739 |  |  | $ | 23,079 |
Gross profit |  |  | 291 |  |  |  | 5,747 |
Net loss |  |  | (986,181 | ) |  |  | (993,643 | )
Share of losses from investments accounted for using the equity method |  |  | - |  |  |  | - |
|  | Nine months Ended September 30, |
|  | 2023 |  |  | 2022 |
|  | (Unaudited) |
Net sales |  | $ | - |  |  | $ | - |
Gross Profit |  |  | - |  |  |  | - |
Net loss |  |  | (231,445 | ) |  |  | (450,995 | )
Share of loss from investments accounted for using the equity method |  |  | - |  |  |  | - |
Schedule of Components of Losses on Equity Investments | The components of losses on equity investments for each period were as follows:
|  | Nine months Ended September 30, |
|  | 2023 |  |  | 2022 |
|  | (Unaudited) |
Share of equity method investee losses |  | $ | - |  |  | $ | - |

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