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HUTCHMED (CHINA) LTD

HCM

Health Care

1

exclusion reason

1 theme

Animal Welfare (1)
HCM Health Care Current as of March 2026

HUTCHMED (CHINA) LTD is screened out under 1 exclusion reason spanning 1 issue category.

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. It is a statement of values.

Animal Exploitation
Since Jan 3, 2022

HUTCHMED (China) Limited is a biopharmaceutical company whose core business of oncology drug discovery and development requires the use of animals in research. The company maintains an internal animal facility and has an Institutional Animal Care and Use Committee (IACUC) that oversees animal welfare and approves all Animal Research Protocols. This practice of animal testing for pharmaceutical development is a standard but exclusionary component of its business model.

The company’s reliance on animal testing is integral to its product pipeline. Key revenue-generating drugs like ELUNATE® (fruquintinib) and other oncology candidates in clinical development would have undergone preclinical testing in animals as part of the regulatory approval process. HUTCHMED is flagged by Cruelty Free Investors specifically for its use of animals in drug testing and clinical trials.

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.