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Caribou Biosciences Inc

CRBU

Health Care

1

exclusion reason

1 theme

Animal Welfare (1)
CRBU 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

Caribou Biosciences conducts preclinical studies of its drug candidates on animals to assess safety and efficacy. The company’s research protocols, as described in its own reports, involve administering single doses of experimental therapies to animal cohorts and monitoring them over time. This reliance on animal testing is a standard but contested component of the biopharmaceutical development process.

Cruelty Free International, which maintains the exclusion list citing Caribou, argues that such animal-based drug tests lack scientific validity for human outcomes. A 2025 audit of U.S. laboratories documented widespread animal welfare violations, indicating systemic issues in research animal care. While no company-specific violations are cited for Caribou in the provided evidence, its business model is fundamentally dependent on animal experimentation. The company has not published a formal commitment to developing or adopting non-animal testing methods.

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.