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EVOTEC SE

EVO

Health Care

1

exclusion reason

1 theme

Animal Welfare (1)
EVO Health Care Current as of March 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 Exploitation
Since Mar 12, 2026

Evotec SE operates a global drug discovery and development business that relies on animal testing as a core component of its preclinical research services. The company's operations include multiple sites conducting in vivo studies, a standard practice in the pharmaceutical research industry that inherently involves the commercial exploitation of laboratory animals.

In April 2024, Italian authorities conducted what was reported as the country's largest seizure and rescue of animals from a laboratory, removing 25 animals, including dogs and primates, from a research facility in Verona where serious mistreatment was discovered. While Evotec is not explicitly named in public reports of this incident, the company's significant operational footprint in Italy and the sector-wide scrutiny underscore the systemic animal welfare risks inherent to its business model. The company publishes a Supplier Code of Conduct requiring remedial action for violations, but its core revenue-generating activities remain directly tied to animal testing.

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.