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Aethlon Medical, Inc.

AEMD

Health Care

1

exclusion reason

1 theme

Animal Welfare (1)
AEMD Health Care Current as of April 2026

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.

Animal Testing & Research
Since Jan 3, 2022

Aethlon Medical, Inc. develops medical devices and therapies targeting cancer and infectious diseases, a process that involves animal testing. The company is explicitly listed by Cruelty Free Investors for exploiting animals in the testing of its drugs and devices. Its research includes contracts with the National Institutes of Health, such as a Phase II award from the National Cancer Institute, indicating federally funded preclinical development that typically requires animal data. While specific details on the scale or nature of the animal use are not publicly disclosed in the provided regulatory filings, the company's inclusion on this ethical investment exclusion list confirms its reliance on animal testing within its product development pipeline.

Research Sources 1 organization
Cruelty Free Investors
External

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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.