QLT Inc is on the Cruelty Free Investing list for exploiting animals because the company does animal testing in discovery and development of some of their therapies.
The company stated in the following report that they conduct pre-clinical trials of their drugs on animals.
“Our present and future business has been and will continue to be subject to various other laws and regulations. Various laws, regulations and recommendations relating to safe working conditions, laboratory practices, the experimental use of animals, and the purchase, storage, movement, import and export and use and disposal of hazardous or potentially hazardous substances, including radioactive compounds and infectious disease agents, used or that we may use in the future in connection with our development work are or may be applicable to our activities.” (Page 45) Read the full document
Novelion Therapeutics Inc, formerly QLT Inc., is a Canada-based biopharmaceutical company.It is engaged in developing new standards of care for individuals living with rare diseases. The company is headquartered in Vancouver, Canada. [Source: MarketWatch]
Company Website: http://www.novelion.com