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Long-Term Investments (Tables) | 12 Months Ended
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Dec. 31, 2023
Long-Term Investments [Abstract] |
Schedule of Ownership Percentages of Each Investee | The ownership percentages of each investee are listed as follows:
|  | Ownership percentage |  |  |
|  | December 31, |  |  | December 31, |  |  | Accounting
Name of related party |  | 2023 |  |  | 2022 |  |  | treatments
Braingenesis Biotechnology Co., Ltd. |  |  | 0.17 | % |  |  | 0.17 | % |  | Cost Method
Genepharm Biotech Corporation |  |  | 0.67 | % |  |  | 0.67 | % |  | Cost Method
BioHopeKing Corporation |  |  | 5.90 | % |  |  | 5.90 | % |  | Cost Method
BioFirst Corporation |  |  | 18.68 | % |  |  | 15.51 | % |  | Equity Method
Rgene Corporation |  |  | 26.65 | % |  |  | 26.65 | % |  | 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 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 | Long-term investment mainly consists of the following:
|  | December 31, 2023 |  |  | December 31, 2022 |
Non-marketable Cost Method Investments, net |  |  |  |  |  |
Braingenesis Biotechnology Co., Ltd. |  | $ | 7,213 |  |  | $ | 7,169 |
Genepharm Biotech Corporation |  |  | 22,021 |  |  |  | 21,887 |
BioHopeKing Corporation |  |  | 818,018 |  |  |  | 813,014 |
Subtotal |  |  | 847,252 |  |  |  | 842,070 |
Equity Method Investments, net |  |  |  |  |  |  |  |
BioFirst Corporation(a) |  |  | 1,680,488 |  |  |  | - |
Rgene Corporation(b) |  |  | - |  |  |  | - |
Total |  | $ | 2,527,740 |  |  | $ | 842,070 |
Schedule of Balance Sheet | Balance Sheet
|  | December 31, 2023 |  |  | December 31, 2022 |
Current Assets |  | $ | 1,451,877 |  |  | $ | 1,543,151 |
Non-current Assets |  |  | 686,206 |  |  |  | 739,472 |
Current Liabilities |  |  | 2,286,058 |  |  |  | 2,663,051 |
Non-current Liabilities |  |  | 347,193 |  |  |  | 103,447 |
Stockholders’ Equity |  |  | (495,168 | ) |  |  | (483,874 | )
|  | December 31, 2023 |  |  | December 31, 2022 |
Current Assets |  | $ | 50,538 |  |  | $ | 68,302 |
Non-current Assets |  |  | 250,716 |  |  |  | 303,893 |
Current Liabilities |  |  | 2,591,960 |  |  |  | 2,478,868 |
Non-current Liabilities |  |  | 811 |  |  |  | 2,441 |
Shareholders’ Deficit |  |  | (2,291,517 | ) |  |  | (2,481,309 | )
Schedule of Statement of Operation | Statement of operation
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |
Net sales |  | $ | 734 |  |  | $ | 30,162 |
Gross profit |  |  | 289 |  |  |  | 8,239 |
Net loss |  |  | (1,194,797 | ) |  |  | (1,274,539 | )
Share of losses from investments accounted for using the equity method |  |  | (221,888 | ) |  |  | - |
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |
Net sales |  | $ | - |  |  | $ | - |
Gross Profit |  |  | - |  |  |  | - |
Net loss |  |  | (291,522 | ) |  |  | (1,550,123 | )
Share of loss from investments accounted for using the equity method |  |  | - |  |  |  | - |
Schedule of Loss on Investment in Equity Securities | The components of loss on investment in equity securities for each period were as follows:
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |
Share of equity method investee losses |  | $ | (221,888 | ) |  | $ | - |

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