ELEDON PHARMACEUTICALS INC
ELDN
Health Care
1
exclusion reason
1 theme
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.
Eledon Pharmaceuticals is a clinical-stage biotechnology company whose core business model involves conducting animal testing as a required component of its drug development process. The company’s lead investigational drug, tegoprubart, and its pipeline candidates require preclinical studies that assess toxicology, pharmacokinetics, and pharmacology in animal models, as documented in its Investigational New Drug (IND) submissions to the U.S. Food and Drug Administration. This reliance on animal experimentation is inherent to its business of developing biologic therapies for organ transplantation and autoimmune diseases.
The evidence gathered from SEC filings and company disclosures is general, referencing standard preclinical animal and in vitro studies. No specific, material details regarding the scale, species, or nature of the animal testing were found in the provided sources. As a result, this exclusion under the animal_exploitation category is based on the company's operational model as a clinical-stage biopharmaceutical entity, which necessitates animal testing for regulatory approval, rather than on documented incidents of particular cruelty or a pattern of violations.
Research Sources
1 organization
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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.
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