Panion & Bf Biotech (TPE:1760) Research & Development: NT$175 Mil (TTM As of Mar. 2026)

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TPE:1760 Panion & Bf Biotech Inc TPE:1760
75 GF Score
Price NT$59.10
GF Value NT$91.32
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Panion & Bf Biotech Research & Development?

Panion & Bf Biotech TPE:1760 +0.51% 75 Research & Development is NT$175 Mil as of Mar. 2026. GuruFocus rates TPE:1760 with a GF Score™ of 75/100 and a GF Value™ of NT$91.32 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Panion & Bf Biotech's Research & Development for the three months ended in Mar. 2026 was NT$41 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was NT$175 Mil.

Panion & Bf Biotech  (TPE:1760) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Panion & Bf Biotech Research & Development Related Terms

Panion & Bf Biotech Research & Development Historical Data

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The historical data trend for Panion & Bf Biotech's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Panion & Bf Biotech Research & Development Chart

Panion & Bf Biotech Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 157.71 248.50 217.04 236.88 195.46

Panion & Bf Biotech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.63 43.93 45.90 44.00 41.03
TPE:1760
75GF Score
Panion & Bf Biotech Inc TPE:1760
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Panion & Bf Biotech Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$175 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of NT$175 Mil mean?
Panion & Bf Biotech (TPE:1760) has a Research & Development of NT$175 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Panion & Bf Biotech and its competitors.
Is Panion & Bf Biotech's Research & Development too high?
Panion & Bf Biotech's current Research & Development is NT$175 Mil. Overall, Panion & Bf Biotech has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Panion & Bf Biotech's Research & Development compare to ZTS?
Panion & Bf Biotech's Research & Development of NT$175 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Drug Manufacturers company?
A good Research & Development depends on the Drug Manufacturers industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Panion & Bf Biotech and its competitors. Panion & Bf Biotech's current Research & Development is NT$175 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panion & Bf Biotech stock overvalued right now?
Based on GuruFocus' analysis, Panion & Bf Biotech (TPE:1760) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$91.32, compared to a current price of NT$59.10 — trading 35.3% below its estimated fair value. The current Research & Development is NT$175 Mil. Panion & Bf Biotech's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Panion & Bf Biotech (TPE:1760), the current Research & Development is NT$175 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Panion & Bf Biotech (TPE:1760) Overvalued in 2026?

Based on GuruFocus' analysis, Panion & Bf Biotech stock appears to be undervalued. The current stock price of NT$59.10 is trading 35.3% below its estimated GF Value™ of NT$91.32. GuruFocus considers Panion & Bf Biotech to be Significantly Undervalued.

Key valuation signals for TPE:1760:

  • Research & Development: NT$175 Mil
  • GF Value™: NT$91.32 vs. price of NT$59.10 (35.3% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the TPE:1760 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Panion & Bf Biotech Business Description

Address No. 3, Park Street, 16th Floor, Nangang District, Taipei, TWN, 11503
Panion & Bf Biotech Inc operates as a biotech and pharmaceutical company. The company, along with its subsidiaries, is mainly engaged in the manufacture and sales of pharmaceutical, cosmeceutical, diagnostic, medical device, and active pharmaceutical ingredients. It has four core business groups: disease treatment, disease prevention, disease diagnosis, and delayed aging. It has geographic segments in Taiwan; China, Hong Kong, and Macau; the USA; and Korea. It generates a majority of its revenue from the Taiwan segment. Product-wise the firm generates the majority of its revenue from Pharmaceutical products.
75GF Score

Get the complete analysis for TPE:1760

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$59.10
Price
NT$91.32
GF Value