Obalon Therapeutics, Inc. is on the Cruelty Free Investing list for exploiting animals because the company does animal testing for some of their medical products and clinical research.
The company stated in the following report that they conduct pre-clinical trials of their products on animals.
“The Obalon Balloon was tested in three different animal studies to assess the safety using different prototype versions of the final device design.” (Page 13) Read the full document
Obalon Therapeutics, Inc. focuses on developing and commercializing medical devices to treat obese and overweight people by facilitating weight loss. Its product includes medical balloon technology for weight loss therapy which consists of a capsule containing a balloon that is swallowed and then remotely inflated. The company was founded in January 2008 and is headquartered in San Diego, CA. [Source: MarketWatch]
Company Website: http://www.obalon.com