Soligenix, Inc. is screened out under 2 exclusion reasons spanning 1 issue category.
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. It is a statement of values.
Soligenix, Inc. is a clinical-stage biopharmaceutical company whose development pipeline for vaccines and therapeutics relies on animal testing. The company is listed by Cruelty Free Investors among "Companies That Exploit Animals" for its use of animals in research. As a biopharma entity, its core business model of bringing new drugs and biologics to market necessitates animal data for regulatory approval, placing it within the commercial exploitation of animals.
Soligenix is a biopharmaceutical company whose development pipeline relies on animal testing to satisfy regulatory requirements for product approval. Its lead biodefense vaccine candidates, including a thermostable ricin vaccine and a combination ricin and anthrax vaccine, have demonstrated efficacy in preclinical studies using non-human primates, specifically rhesus macaques. The company explicitly designs its studies to comply with the FDA’s Animal Rule, a regulatory pathway that permits the demonstration of efficacy through well-controlled animal studies when human efficacy trials are unethical or infeasible. Soligenix’s research, as documented in published studies and company announcements, is contingent on animal testing to advance these products toward commercialization.
Research Sources
1 organization
Related Exclusions
Wondering what we do invest in?
The Naughty List
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.