TRACON Pharmaceuticals, Inc.
TCON
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.
TRACON Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company whose core business model involves the development of novel cancer therapeutics. This process inherently requires extensive animal testing to satisfy regulatory requirements for safety and efficacy prior to human clinical trials. The company’s research and development activities are built upon preclinical studies using animal models, as evidenced by its scientific publications and partnerships.
While specific financials detailing the scale of animal usage are not publicly broken out, the company’s entire pipeline and value proposition are predicated on successful animal testing. TRACON is listed by Cruelty Free Investors among companies that exploit animals for commercial purposes. The use of animals is not incidental but a fundamental and unavoidable component of its business in developing and seeking approval for new pharmaceutical products.
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.