Merit Medical Systems, Inc.
MMSI
Health Care
2
exclusion reasons
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.
Merit Medical Systems, Inc. manufactures medical devices, including catheters and embolization products, which are tested on animals as part of the regulatory approval process. The company is flagged by Cruelty Free Investors for its involvement in animal testing.
The company’s testing practices are part of a broader industry pattern where medical device firms conduct animal experiments to meet regulatory requirements, despite increasing availability of alternative testing methods. This reliance on animal subjects places Merit Medical within the category of companies whose commercial operations involve the exploitation of animals.
Merit Medical Systems develops and manufactures medical devices for interventional, diagnostic, and therapeutic procedures. The company’s regulatory filings and annual reports explicitly list animal studies as a standard part of its product development and testing process, alongside bench tests and laboratory analyses. This indicates animal testing is an integrated component of its pre-clinical trials to gain regulatory approval for new devices.
While the specific scale and frequency of these animal studies are not detailed in public disclosures, the company’s consistent reference to them across multiple annual reports confirms animal testing is a routine practice within its research and development pipeline. As a medical device manufacturer, its use of animal testing falls under the standard regulatory pathway for demonstrating product safety and efficacy.
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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