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Lexicon Pharmaceuticals, Inc.

LXRX

Health Care

1

exclusion reason

1 theme

Animal Welfare (1)
LXRX Health Care Current as of April 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 Testing & Research
Since Jan 3, 2022

Lexicon Pharmaceuticals is a biopharmaceutical company whose drug development pipeline requires animal testing for preclinical safety and efficacy studies. As a developer of new molecular entities targeting the central nervous system and other areas, the company's research operations involve the use of laboratory animals, including rodents and non-human primates, to assess abuse liability, toxicity, and therapeutic potential.

The company has engaged contract research organizations, such as Covance, which have faced public allegations regarding the treatment of primates in testing facilities. While specific, recent violations directly attributable to Lexicon's own facilities are not documented in the provided evidence, the company's business model is inherently dependent on animal-based research to advance its pharmaceutical candidates to clinical trials. This places its operations within the scope of commercial animal exploitation for research purposes.

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.