Madrigal Pharmaceuticals, Inc.
MDGL
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.
Madrigal Pharmaceuticals is a clinical-stage biopharmaceutical company whose primary drug candidate, resmetirom, was developed for the treatment of NASH (non-alcoholic steatohepatitis). The development pathway for this and other pharmaceutical candidates inherently requires animal testing to satisfy regulatory requirements for safety and efficacy prior to human trials. The company's own Supplier Code of Conduct acknowledges this activity, stating compliance with laws governing animal care and use.
The available evidence, including an FDA FOIA log referencing the company, indicates Madrigal conducts or sponsors animal studies as part of its drug development process. These studies are performed under the U.S. Department of Agriculture's Animal Welfare Act and FDA Good Laboratory Practice (GLP) regulations, which are standard for the industry. The company’s SEC filings note the completion of animal safety studies as a routine step in advancing its lead product candidate toward market approval. This places the company within the broad pharmaceutical sector practice of animal testing for regulatory compliance and product development.
Research Sources
1 organization
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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.
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