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PROFUSA INC

PFSA

1

exclusion reason

1 theme

Animal Welfare (1)
PFSA 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

Profusa Inc. is a medical device company whose core product is a biosensor designed for continuous monitoring of body chemistry. The development and regulatory testing of this implantable device involves animal experimentation. Between January 2011 and May 2013, the company self-reported over 40 violations of animal welfare regulations to the National Institutes of Health, as documented in records obtained through a Freedom of Information Act request by SAEN (Stop Animal Exploitation NOW). These violations occurred at research facilities conducting work for Profusa.

A 2025 report compiling hundreds of welfare violations from U.S. laboratories cited Profusa’s historical record as evidence of widespread animal suffering and systemic regulatory failures within the industry. The company’s business model is intrinsically linked to animal testing, as its implantable biosensors require preclinical animal data for development and FDA clearance. This places Profusa within the animal testing industry, an activity excluded under the firm’s policy on commercial animal exploitation.

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.