Iterum Therapeutics plc
ITRM
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.
Iterum Therapeutics plc is a clinical-stage pharmaceutical company whose core business model involves the development of novel antibiotics. The company’s primary product candidates are designed to treat infections caused by multi-drug resistant pathogens, a process that requires extensive animal testing for regulatory approval and safety assessment. This reliance on animal models is inherent to its sector and central to its research and development pipeline.
The company’s operations fall under the general animal exploitation exclusion because its business is predicated on the commercial use of animals in biomedical research. While specific, publicly documented incidents of welfare violations at Iterum are not cited in the provided evidence, the firm’s foundational activity—developing pharmaceuticals through preclinical animal testing—constitutes commercial exploitation of animals at scale. This aligns with the exclusion category’s intent to capture exploitation not covered by more specific codes like animal testing for cosmetics or meat production.
Research Sources
1 organization
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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.