February 16, 2018

George Yeh
President
Taiwan Liposome Company, Ltd.
11F-1, No. 3 Yuanqu Street
Nangang District
Taipei City, Taiwan 11503
Republic of China

       Re: Taiwan Liposome Company, Ltd.
           Amendment No. 2 to Draft Registration Statement on Form F-1
           Submitted February 6, 2018
           CIK No. 0001722890

Dear Mr. Yeh:

     We have reviewed your amended draft registration statement and have the
following
comment.

       Please respond to this letter by providing the requested information and
either submitting
an amended draft registration statement or publicly filing your registration
statement on
EDGAR. If you do not believe our comment applies to your facts and
circumstances or do not
believe an amendment is appropriate, please tell us why in your response.

      After reviewing the information you provide in response to this comment
and your
amended draft registration statement or filed registration statement, we may
have additional
comments.

DRS/A Submitted February 6, 2018

TLC599, Market Research Study, page 87

1.     We note your response to our prior comment three. We are unable to agree
that ZS
       Associates is not expert under Securities Rule 436. Because the
disclosure attributes
       certain of the disclosure to ZS Associates, please file a consent as
required by Rule 436.
       In the alternative, please make clear that the disclosure is the
responsibility of the
       company. For guidance please refer to Question 141.02 of Compliance and
Disclosure
       Interpretations for Securities Act Sections.
 George Yeh
Taiwan Liposome Company, Ltd.
February 16, 2018
Page 2

       You may contact Franklin Wyman at 202-551-3660 or Lisa Vanjoske at
202-551-3614 if
you have questions regarding comments on the financial statements and related
matters. Please
contact Jeff Gabor at 202-551-2544 or Erin Jaskot at 202-551-3442 with any
other questions.

FirstName LastNameGeorge Yeh                              Division of
Corporation Finance
Comapany NameTaiwan Liposome Company, Ltd.                Office of Healthcare
& Insurance
June 16, 2017 Page 2
cc: Charlie Kim
FirstName LastName