Ironwood Pharmaceuticals, Inc.
IRWD
Health Care
2
exclusion reasons
1 theme
Ironwood Pharmaceuticals, Inc. is screened out under 2 exclusion reasons 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.
Ironwood Pharmaceuticals is a biopharmaceutical company that develops and markets gastrointestinal and pain therapies. As part of its drug development process, the company conducts animal testing to support regulatory submissions to the U.S. Food and Drug Administration. While recent legislative changes have eliminated mandatory animal testing requirements for certain drug applications, the use of animal models remains a standard practice in preclinical pharmaceutical research.
Ironwood Pharmaceuticals, Inc. is a pharmaceutical company whose core business of drug development and regulatory compliance inherently requires animal testing. The company’s primary commercial product, LINZESS (linaclotide), and its pipeline candidates are developed through preclinical research that includes animal studies, a standard practice for FDA approval. The company acknowledges in its public filings that the U.S. FDA routinely inspects facilities responsible for performing this animal testing.
While Ironwood notes in its 2022 ESG Report that animal studies are reviewed by an Institutional Animal Care and Use Committee, and references an FDA roadmap released in April 2025 to replace animal testing with new methodologies, its active drug development pipeline remains reliant on animal data to meet regulatory requirements. There is no public commitment from Ironwood to forgo animal testing where scientifically feasible alternatives exist, nor a timeline for reducing animal use in its research and development processes.
Research Sources
1 organization
Related Exclusions
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.
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.