Fair Pay & Worker Respect

No relevant data was found in the provided article to assess FBLG.US against the Fair Pay & Worker Respect ethical value.

The article explicitly states it focuses on a different company (Advantage Business) and contains no data for FBLG.US or the requested metrics.

Honest & Fair Business

The company's board of directors has six independent members out of a total of seven, meaning approximately 85.7% are conflict-free.

However, the sole non-independent director, Pete O’Heeron, holds 100% of the Series C Preferred Stock, which carries 13,000 votes per share, giving the board 32,500,000 votes (46.1% of total votes) via an irrevocable proxy. This proxy, however, does not allow the board to vote on proposals affecting Mr. O’Heeron's rights regarding the Series C Preferred Stock. The company has adopted a Code of Ethics and Business Conduct for all directors, officers, and employees, and has insider trading policies. A material weakness in internal control over financial reporting due to a lack of segregation of duties was identified. Additionally, some Section 16a reports were filed late in 2024 due to administrative error and oversight.

Kind to Animals

FibroBiologics conducts extensive preclinical animal studies for its product candidates, including using diabetic mice, rabbit models, psoriasis mouse models, EAE animal models, and xenografted melanoma mouse models.

For CybroCell™, two animal studies were completed in rabbit models, involving 16 animals in the first study and 38 animals in the second. The company uses in vitro studies in addition to in vivo animal studies, and is developing fibroblast spheroids, engineered organoids, and Bone Marrow Organoids as part of its research platform. However, the evidence does not indicate a formal policy to reduce or replace animal testing, nor does it provide transparent reduction goals for animal testing volume.

No War, No Weapons

The company is a clinical-stage biotechnology firm focused on fibroblast-based therapies and is explicitly stated as not being a defense contractor, indicating no defense or arms-related activities in its core business.

There is no evidence of the company developing or selling dual-use products. While the company has adopted a general Code of Ethics and Business Conduct, there is no specific information provided regarding codified ethical 'red lines' that ban involvement in controversial weapons or military supply chains, which is not applicable given its core business.

Safe & Smart Tech

The company states that no personal information is shared, indicating strong preventative measures against unauthorized data use.

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