Company Website: www.ovidrx.com
Industry: Health Care – Major Pharmaceuticals
Stock Symbol: OVID – NASDAQ
Animal Usage: Animal Testing
Ovid Therapeutics Inc. is on the Cruelty Free Investing list for exploiting animals because the company does animal testing for medical analysis and clinical research purpose.
Supporting Evidence:
The company stated in the following press release that they exploit animals for product testing.
“OV101 has been demonstrated in laboratory studies and animal models to selectively activate the δ-subunit of GABAA receptors, which are found in the extrasynaptic space (outside of the synapse), and thereby impact neuronal activity through tonic inhibition.” Read the following article
Company Website: www.ovidrx.com