MASHINIi

Forte Biosciences, Inc..

FBRX.US | Manufacture of pharmaceuticals, medicinal chemical and botanical products

Forte Biosciences, Inc. is a biopharmaceutical company. It focuses on the development of therapies for autoimmune diseases. The company's lead product candidate is FB-102, a clinical-stage intravenous protein, which is in Phase 2 clinical trials for the treatment of atopic dermatitis. Forte Bioscien...Show More

Ethical Profile

Mixed.

Forte Biosciences (FBRX.US) aims to advance health through its clinical-stage drug FB-102 for autoimmune diseases. While its potential impact on "Better Health for All" is significant, this hinges on future clinical trial success, accessibility, and affordability. As a biopharmaceutical company, it is expected to uphold stringent "Honest & Fair Business" practices, ensuring clinical trial data integrity and regulatory compliance. Reports suggest preclinical drug development likely involves animal testing, a common industry practice that raises ethical considerations. For many other ethical areas, including fair pay, environmental impact, and ethical sourcing, there is currently insufficient public information to provide a comprehensive assessment.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess Forte Biosciences, Inc. on Better Health for All.

Fair Money & Economic Opportunity

0

Forte Biosciences, Inc. is a biopharmaceutical company focused on developing therapies for autoimmune diseases, as evidenced by its clinical trials for FB102.

1
The provided articles detail its research and development expenses, financial results, and public stock offerings. There is no evidence to suggest that the company engages in lending, insurance, or other financial services for consumers. Therefore, all KPIs related to fair money and economic opportunity, which assess financial institutions, are not applicable to Forte Biosciences.

Fair Pay & Worker Respect

0

As of March 15, 2022, Forte Biosciences, Inc. had 5 full-time employees.

1
Due to this small workforce size, there is insufficient data to meaningfully assess living wage coverage or employee turnover, resulting in a neutral score for both.
2
None of Forte's employees are represented by labor unions or covered by collective bargaining agreements, which is also considered neutral given the small workforce and absence of evidence of anti-union tactics.
3
While the company uses contract manufacturing and testing organizations, there is no data on the share of its *workforce* on insecure contracts, leading to a neutral score for this KPI.
4

Fair Trade & Ethical Sourcing

0

No evidence available to assess Forte Biosciences, Inc. on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

No evidence available to assess Forte Biosciences, Inc. on Honest & Fair Business.

Kind to Animals

0

The company is not involved in animal agriculture or the production of animal-derived products.

1

No War, No Weapons

0

The provided articles for Forte Biosciences, Inc. (FBRX.US) focus on financial results, SEC filings, and clinical development updates for its biopharmaceutical products. None of the articles contain any explicit information or data points related to arms manufacturing, military contracts, dual-use technologies, sales to embargoed regimes, peacebuilding investments, or any other specific metrics under the 'No War, No Weapons' ethical value. Therefore, no KPIs can be scored based on the provided evidence.

Planet-Friendly Business

0

No specific, concrete data points or facts related to 'Planet-Friendly Business' KPIs were found across the provided articles.

1
The articles either explicitly state that no information is available for environmental metrics or detail financial transactions and general ethical codes of conduct without providing any environmental performance data.
2

Respect for Cultures & Communities

0

No specific, concrete data points related to Respect for Cultures & Communities were found across the provided articles for Forte Biosciences, Inc.

1
The articles primarily focus on financial performance, clinical trials, intellectual property, and corporate governance. Therefore, no KPIs can be scored based on the available evidence.

Safe & Smart Tech

0

No specific, concrete evidence was found in the provided articles for Forte Biosciences, Inc. (FBRX.US) that could be mapped to the quantitative thresholds of any KPI within the 'Safe & Smart Tech' rubric. The articles either pertained to a different entity (Forté Foundation)

1
, contained only general statements about security measures without specific data (e.g., 'employee training is mentioned')
2
, or explicitly stated that no relevant data was provided for the key metrics.
3

Zero Waste & Sustainable Products

0

No specific quantitative data related to waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero-waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education is provided in the available articles.

1

Own Forte Biosciences, Inc.?

Upload your portfolio and see how all your holdings score across 11 ethical dimensions.

Audit My Portfolio

AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.