In 2011, TTY split its "Consumer Healthcare Business" to establish "CY Biotech." CY Biotech is committed to the medical services of healthcare. Aiming at improving health condition and life quality of consumers, CY Biotech provides quality, effective and innovative products and services to satisfy consumers' needs in health.
TTY Korea Subsidiary
The Korean subsidiary of TTY Biopharm was established in Seoul, South Korea on September 28, 2018. It is a 100%-owned subsidiary of TTY. The company is committed to marketing cancer and anti-infective drugs. Its corporate strategy is to develop the Korean pharmaceutical market by a dual-track model of internally developed and authorized special formulations of generic drugs and authorized new drugs. A drug license and new drug authorization has been granted in 2021, and it is expected that 1 to 2 drug licenses and new drug authorizations will be obtained during 2022 to 2023.
In 2004, with the successful business track records in Thailand, TTY decided to break into the 2nd most populated ASEAN markets (Phillippines) by establishing ATB Philippines in Manila, and with the focus on developing and marketing new specialty generic products, ATB Philippines has become the most professional company in commercializing oncology products locally.
EnhanX Biopharm Inc.
In 2017, TTY Biopharm Company Limited and 2-BBB Medicines BV set up the Taiwan-based joint venture company EnhanX Biopharm Inc. for the clinical and commercial development of a liposomal drug with targeting ability by utilizing the so-called G-Technology, which enables the drug to pass the Blood-Brain-Barrier to enhance treatment of brain metastases and primary brain tumors. In the future, TTY will be responsible for the mass production of the liposomal product and becoming the leading global manufacturing base and technology platform for the specialty formulation drugs.
Pharma Engine, Inc.
TTY founded PharmaEngine, Inc. in 2001. Its main investors included TTY as well as National Development Fund, Executive Yuan and other major domestic biotech venture capital firms. Stocks of PharmaEngine, Inc. was registered and traded over the counter in 2013. PharmaEngine, Inc. is a new drug development company, dedicated in anti-cancer drug development. PharmaEngine successfully authorized its new pancreatic cancer drug to US pharmaceutical company, Merrimack in 2011. PharmaEngine will continue its efforts in new drug development for treatment of pancreatic cancer, colorectal cancer, gastric cancer, lung cancer, and brain cancer.
In 2000, ATB Thailand was established in Bankok. With comparable profitability like other MNCs , ATB Thailand is the one and only Taiwanese company that markets its products with its own brand name and its own commercial team based in Thailand.
Worldco Int. Co., Ltd.
In 2005, TTY registered a wholly owned subsidiary company in Hong Kong. Worldco is focusing on disease categories of antibiotic ID, CNS, and Liver, and its mission is to enter Chinese market with its high-barrier, efficacy-proven drugs with innovative formulations.