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Arcus Biosciences, Inc.

RCUS

Health Care

1

exclusion reason

1 theme

Animal Welfare (1)
RCUS 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

Arcus Biosciences is a clinical-stage biopharmaceutical company whose core business model involves animal testing as a required step in the development of its oncology drug candidates. The company’s pipeline of investigational therapies, which target mechanisms like TIGIT and CD73, relies on preclinical animal studies to assess efficacy and safety before advancing to human trials. This exploitation of animals for medical research and analysis is a fundamental component of its business, as documented by Cruelty Free Investors.

The company’s contractual language further institutionalizes this exploitation. Its collaboration and license agreements explicitly define “Veterinary Use” as the “Exploitation” of a molecule for the prevention or treatment of medical conditions in animals, indicating a formalized pathway for extending its research into veterinary applications. While Arcus operates in a highly regulated industry where animal testing is often mandated for regulatory approval, its business remains fundamentally dependent on the commercial exploitation of animals for preclinical development.

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.