Oncolytics Biotech Inc. is on the Cruelty Free Investing list for exploiting animals because the company does animal testing for medical analysis and clinical research purpose.
The company stated in the following report that they exploit animals for product testing.
“We are currently in the research and development stage on one product, REOLYSIN®, for human application, the riskiest stage for a company in the biotechnology industry. It is not possible to predict, based upon studies in animals and early stage human clinical trials whether REOLYSIN® will prove to be safe and effective in humans.” (Page 25) Read the full document
Company Website: https://www.oncolyticsbiotech.com