Skip to main content
← All exclusions

ALIGOS THERAPEUTICS INC

ALGS

Health Care

1

exclusion reason

1 theme

Animal Welfare (1)
ALGS 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

Aligos Therapeutics Inc. is a clinical-stage biopharmaceutical company whose core business model involves the discovery and development of novel therapeutics. The development pathway for these drug candidates, as is standard in the industry, requires extensive preclinical testing in animal models to assess safety, efficacy, and pharmacokinetics before human trials can commence. The company's public research, including presentations on candidates like ALG-097558 for coronaviruses, explicitly details studies conducted in animal species. This reliance on animal testing is a fundamental and non-negotiable component of its research and development operations.

The company is flagged by third-party screening resources, including Cruelty Free Investors, which identifies companies whose business activities exploit animals. For a preclinical biotech firm like Aligos, animal testing is not a peripheral activity but the central mechanism for advancing its pipeline. The scale of this exploitation is inherent to its business; each drug candidate requires iterative testing across multiple animal models, with the number of animals used scaling with the number of programs in development. Aligos has no marketed products and derives 100% of its value from its preclinical and clinical pipeline, which is built upon this foundational use of animals.

Research Sources 1 organization
Cruelty Free Investors
External

Wondering what we do invest in?

The Naughty List

A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.

RSS feed No spam · Unsubscribe anytime

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.