Phio Pharmaceuticals Corp.
PHIO
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.
Phio Pharmaceuticals Corp. is a clinical-stage biotechnology company developing cancer immunotherapies based on its proprietary INTASYL™ RNAi technology. As a pharmaceutical company advancing novel drug candidates through preclinical and clinical development, its research pipeline inherently requires animal testing to satisfy regulatory safety and efficacy requirements. The company’s published research, including studies cited in its SEC filings, explicitly references conducting animal studies to build data for its investigational compounds, such as PH-804. This reliance on animal models is a standard, mandated component of the drug development process for entities seeking FDA approval for new therapeutics.
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.
Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.