Scholar Rock Holding Corporation
SRRK
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.
Scholar Rock Holding Corporation is a late-stage biopharmaceutical company whose drug development pipeline relies on animal testing. The company’s lead investigational candidate, apitegromab, and other programs require preclinical testing in animal species to evaluate safety and efficacy, a standard but exclusionary practice in the biopharmaceutical industry. This reliance places the company on exclusion lists maintained by animal welfare-focused investors.
The company’s SEC filings explicitly acknowledge that its research and development activities involve animal studies. These filings also note the business risk posed by animal rights groups and other organizations that attempt to stop animal testing in research. Scholar Rock has not published a corporate policy committing to alternative testing methods or outlining a path to reduce animal use.
Research Sources
1 organization
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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.