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NRX PHARMACEUTICALS INC

NRXP

1

exclusion reason

1 theme

Animal Welfare (1)
NRXP 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 Mar 12, 2026

NRX Pharmaceuticals Inc. is a clinical-stage biopharmaceutical company whose drug development pipeline relies on animal testing. The company’s lead candidate, NRX-101, is being developed for suicidal bipolar depression and has progressed through preclinical studies involving animal models to assess efficacy and safety. This reliance on animal testing is standard practice in the pharmaceutical industry but places the company within the scope of commercial animal exploitation.

The specific evidence for NRX Pharmaceuticals’ animal testing practices is not detailed in public disclosures. However, the company’s sector and stage of development indicate that animal models are integral to its research and regulatory submission processes. As a firm with no marketed products, its preclinical work constitutes a core business activity. This record is flagged based on sector-wide practices rather than a publicized incident, reflecting the categorical exclusion of companies whose primary research and development operations depend on animal experimentation.

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.