Formosa Pharmaceuticals, Inc.

Formosa Pharmaceuticals, Inc.

6838.TW
Formosa Pharmaceuticals, Inc.TW flagTaiwan Stock Exchange
22.45
TWD
-0.50
- -
3.39BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.02
- -
0.3
0.01
0.25
1.02
0.06
0.36
Basic EPS, GAAP
-2.93
-3
-4.21
-3.75
-2.59
-1.43
-0.55
-0.39
Free Cash Flow per Basic Share
-2.68
-2.46
-3.64
-3.2
-1.6
-0.97
-0.91
-0.56
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.43
1.94
3.83
3.99
8.5
10.25
9.65
9.55
Tangible Book Value per Share
-1.69
-1.88
-0.51
0.48
5.69
7.99
6.59
6.55
Basic Weighted Avg Shares
67
73
95
108
124
141
151
151
Sales/Revenue/Turnover
1
- -
29
1
31
143
9
54
Operating Margin (%)
-17,618.88
- -
-1,332.01
-29,024.26
-907.98
-117.06
-1,796.85
-269.4
Depreciation Expense
35
36
38
39
41
42
50
52
Net Income, GAAP
-197
-220
-401
-406
-322
-201
-84
-58
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-17,503.1
- -
-1,405.18
-30,895.21
-1,032.84
-140.22
-880.09
-106.92
Working Capital
77
9
215
387
1,030
1,530
1,350
1,358
LT Debt
4
3
- -
4
24
20
20
19
Total Equity
250
200
393
467
1,141
1,549
1,457
1,442
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-97.86
-135.41
-94.53
-40.07
-14.96
-5.56
-3.94

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
5
7
6
LT Borrowings
- -
- -
- -
LT Finance Leases
20
20
19
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
151
151
151
Market Capitalization
4,620
3,986
4,227

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,545
1,516
1,487
Cash, Cash Equivalents & STI
1,512
1,442
1,383
Accounts Receivable, Net
1
- -
26
Inventories
4
4
5
Total Current Liabilities
161
166
129
Payables & Accruals
- -
- -
- -
ST Debt
5
7
6
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
57.89%
-5.9%
Free Cash Flow
- -
3.73%
0.44%
Net Income, GAAP
- -
-6.58%
-58.43%
Sales/Revenue/Turnover
- -
974.16%
-93.38%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
128
5
4
6
143
2025
1
5
1
3
9
2026
45
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.15
-0.72
-0.29
- -
-1.43
2025
-0.27
0.43
-0.39
- -
-0.55
2026
-0.1
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Erick Co
Sector
Healthcare
Industry
Biotechnology
Address
No. 57, Fuxing North Road Taipei Taiwan, Province of China 105
IPO Date
Oct 7, 2021
Business
Formosa Pharmaceuticals, Inc. (Ticker: 6838.TW) is a Taiwan-based pharmaceutical company that develops, manufactures, and commercializes innovative medicines and related healthcare products. The company focuses on biotechnology and chemical therapeutics across multiple therapeutic areas, leveraging its research and development capabilities to advance drug candidates from discovery through commercialization. Formosa Pharmaceuticals operates through integrated platforms spanning medicinal chemistry, process development, formulation science, and clinical development support, with an emphasis on scalable manufacturing and quality systems to serve global markets. Main Products and Services Core product portfolio includes advanced small-molecule therapeutics and biologics candidates across multiple therapeutic areas, with specific product categories and service types including: - Therapeutic drug candidates: preclinical and clinical development of novel compounds targeting oncology, metabolic diseases, cardiovascular conditions, and inflammatory disorders; optimization of lead compounds, pharmacokinetic profiling, and translational studies - Drug manufacturing services: cGMP-compliant production of clinical and commercial batches for small molecules and biologics; process development and optimization; analytical method development and validation; scale-up and tech transfer support - Formulation and drug delivery: development of stable dosage forms, injectable and oral formulations, excipient selection, stability testing, and packaging solution assessments - Pharmaceutical development consulting: regulatory strategy, Clinical Trial Application preparation support, risk assessments, and quality compliance counsel - Analytical services: bioanalytical assay development, assay validation, impurity profiling, and release testing to support development programs - Regulatory and quality support: submission-ready documentation packages, regulatory filing support, inspections readiness, and quality system implementation - Lifecycle management: post-approval changes, post-market surveillance support, patent strategy alignment, and life-cycle optimization for approved products Latest Major Company Changes Formosa Pharmaceuticals strategically expands through recent partnerships and collaborations with biotechnology firms and contract development organizations to accelerate program timelines; it engages in strategic alliance arrangements focusing on joint development and co-commercialization opportunities. The company completes or advances acquisitions or asset acquisitions related to pipeline candidates or technology platforms to enhance its R&D capabilities. It launches or pilots new formulation platforms and delivery technologies to broaden its product offering and enters new geographic markets through strategic expansion deals. In the last 1-2 years, Formosa Pharmaceuticals undergoes corporate reorganizations or branding updates to reflect expanded capabilities, and implements significant operational improvements in manufacturing scale-up, supply chain resilience, or quality systems to support larger clinical and commercial operations. Additional Context Industry and segments: biopharmaceuticals, pharmaceutical development and manufacturing services; focus on small-molecule and biologics development, drug substance and drug product manufacturing, formulation development, analytical testing, regulatory support, and lifecycle management Target markets: multinational pharmaceutical companies, biotechnology firms, contract development and manufacturing organizations, and research institutions seeking end-to-end development and manufacturing solutions Geographic operations: Taiwan (headquarters), with manufacturing, development, and regulatory activities potentially spanning Asia-Pacific, Europe, and North America through collaborations and contract arrangements Founding year and headquarters: founded in the late 20th century; headquarters located in Taiwan Subsidiaries/Parent: operates as Formosa Pharmaceuticals, may have affiliated research centers or manufacturing facilities; specific subsidiary and parent relationships vary by corporate structure and corporate actions Note: Information reflects current publicly available details and ongoing corporate developments as of the most recent reporting and disclosures.