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Merck & Company, Inc.

MRK

Health Care

1

exclusion reason

1 theme

Animal Welfare (1)
MRK Health Care Current as of March 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

Merck & Co., Inc. is a global pharmaceutical company whose core business of developing and manufacturing human and animal health products relies on animal testing as part of its research, development, and regulatory compliance processes. The company conducts and funds animal studies across its drug pipeline, from initial research to safety assessments required for market approval.

This reliance is evidenced by direct operational activity. In 2022, PETA publicized a USDA citation against Merck for animal welfare violations, alleging that 52 monkeys at a company facility were not fed for a full day. The company has also been the subject of shareholder resolutions, filed as early as 2011, calling for greater transparency in its animal research practices. Historical product development further demonstrates this dependency; for instance, the company’s own safety assessments for cosmetic ingredients have cited acute toxicity and irritation studies conducted on animals.

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.