Industry: Health Care – Major Pharmaceuticals
Stock Symbol: ATAI – NASDAQ
Animal Usage: Animal Testing
ATAI Life Sciences N.V. is on the Cruelty Free Investing list for exploiting animals because the company does animal testing for some of its medical analysis and clinical research.
Supporting Evidence:
The company stated in the following press release that they use animals for product testing.
“Completed a proof-of-principle study demonstrating that InnarisBio’s sol-gel based excipient technology can effectively transport compounds from the nose directly to the brain in an animal model.” Read the following article
Atai Life Sciences N.V. operates as a clinical-stage biopharmaceutical company. The Company focuses on disease-modifying mental health treatments by researching both psychedelic and non-psychedelic compounds. atai Life Sciences serves customers worldwide.
Company Website: https://www.atai.life