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AKOYA BIOSCIENCES INC

AKYA

Health Care

1

exclusion reason

1 theme

Animal Welfare (1)
AKYA 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 Mar 12, 2026

Akoya Biosciences Inc. develops and commercializes spatial biology platforms and assays, including its CODEX and PhenoImager systems, which are used for highly multiplexed protein and nucleic acid imaging in tissue samples. These platforms are designed for use in preclinical and clinical research, including drug development. The company's core business involves providing the instruments, reagents, and software necessary for these analyses, which are routinely applied in animal studies to assess drug efficacy and toxicity.

The company is listed by Cruelty Free Investors for conducting pre-clinical studies of drugs on animals. Its technology is explicitly cited in published research utilizing non-human primate models, such as rhesus macaques, for immunological studies. Akoya's co-founders are named as inventors on patents related to this animal-dependent technology. As a provider of essential tools for preclinical animal testing, Akoya's commercial operations are integrated into the animal research supply chain.

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.