Skip to main content
← All exclusions

Theravance Biopharma, Inc.

TBPH

Health Care

1

exclusion reason

1 theme

Animal Welfare (1)
TBPH Health Care 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 Jan 3, 2022

Theravance Biopharma, Inc. is a clinical-stage biopharmaceutical company whose core business model involves the discovery, development, and commercialization of novel medicines. This research and development process inherently requires animal testing for regulatory compliance and product safety assessment. The company is listed by Cruelty Free Investors as a company that exploits animals, indicating its operations are dependent on animal-based research. As a pharmaceutical developer, its pipeline and potential commercial products are predicated on data derived from animal studies, a standard but exclusionary practice in the industry. No public commitment to alternative research methods or a phase-out of animal testing was identified in recent SEC filings.

Research Sources 1 organization
Cruelty Free Investors
External

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.

RSS feed No spam · Unsubscribe anytime

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.