NovaBay Pharmaceuticals, Inc.
NBY
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.
NovaBay Pharmaceuticals, Inc. is a biopharmaceutical company that develops and markets products for eyecare and skincare. Its drug development process relies on animal testing to generate preclinical data. The company’s regulatory filings explicitly state that most of the data supporting its products comes from in-vivo animal studies and that such testing is required for future clinical trials.
The company is listed by Cruelty Free Investing for exploiting animals because it conducts animal testing. This reliance on animal models is a standard part of its product development and regulatory compliance pathway for new pharmaceutical products.
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.
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