Taiwan Biotech (6589) October Revenue Soars 288% Year-over-Year; EG1206A Targets 2027 Europe Launch

According to Taipei Biotech (6589), October revenue reached 270 million TWD, up 287.88% year-over-year, with cumulative revenue for the first 10 months of 2026 reaching 1.38 billion TWD, up 94.7% annually. The biotech firm attributed growth to CDMO contract manufacturing services and biosimilar drug royalty income. EG1206A has submitted marketing authorization applications to the European Medicines Agency as of late October, with filings planned to the FDA and Canadian Health Authority by year-end, targeting 2027 European and 2028 U.S. commercial launches. CEO Liu Li-cheng expects operational improvements and profitability restructuring from H2 2027 onward, driven by milestone royalties, post-launch sales splits, and expanding CDMO orders.
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