MASHINIi

Ovid Therapeutics Inc..

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

Ovid Therapeutics Inc. is a biopharmaceutical company focused on developing and commercializing therapies for rare neurological diseases. The company's pipeline includes investigational medicines targeting conditions such as Angelman syndrome, epilepsy, and other genetic disorders of the brain. Ovid...Show More

Ethical Profile

Mixed.

Ovid Therapeutics Inc. presents a mixed ethical profile. While the biopharmaceutical company's core mission focuses on addressing significant unmet medical needs by developing treatments for rare and drug-resistant epilepsies, it is currently subject to a shareholder fraud investigation by the Schall Law Firm concerning alleged violations of securities laws. The company maintains a Code of Business Conduct and Ethics, a whistleblower hotline, and has five out of six independent board members, with its headquarters being LEED Platinum certified. However, as a drug development company, its business model inherently relies on animal testing, which critics point to as a conflict with animal welfare values. The ultimate impact of its therapies on "Better Health for All" will also depend on their accessibility and pricing.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-40
-100100
Kind to Animals-60
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-20
-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 Ovid Therapeutics Inc. on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess Ovid Therapeutics Inc. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No specific, concrete data points were found across the provided articles to assess OVID.US against any of the KPIs for Fair Pay & Worker Respect. The articles contained general statements of intent, industry-wide statistics not specific to OVID.US, or discussions of policies without quantitative outcomes.

Fair Trade & Ethical Sourcing

0

No specific, concrete data points were found in the provided articles for any of the KPIs related to Fair Trade & Ethical Sourcing. The articles consist of general terms and conditions, corporate governance links, social media guidelines, and an internal Code of Business Conduct and Ethics. While the Code of Conduct mentions ethical conduct and fair dealing with suppliers, it does not provide quantitative evidence or specific details regarding supplier audits, ethical clauses in supplier contracts, forced or child labor incidents, supply chain traceability, remediation speed for supply chain violations, fair trade certifications, high-risk materials, or supplier diversity spend.

1

Honest & Fair Business

-40

Ovid Therapeutics has a whistleblower policy, including a hotline and secure web form for reporting accounting, internal controls, or auditing matters, with complaints handled by the Audit Committee.

1
This facility was established following an SEC ruling.
2
The company's Code of Business Conduct and Ethics, effective May 4, 2017, outlines policies related to the Foreign Corrupt Practices Act, bribery, and corruption.
3
Five out of six board members are independent, representing approximately 83.3% of the board.
4
A shareholder fraud investigation concerning potential violations of securities laws has been announced.
5

Kind to Animals

-60

Ovid Therapeutics conducts animal studies to evaluate the safety and efficacy of its drug candidates, including experiments on mice and Sprague Dawley rats.

1
While the company employs predictive in vitro genetic models for early evaluation and utilizes transcranial magnetic stimulation (TMS) and magnetic resonance spectroscopy (MRS) as biomarkers in human studies, animal tests appear to be the default for product safety and efficacy.
2
The company participates in collaborations with academic research centers like Columbia University and the University of Connecticut, but these are not explicitly focused on animal-free research and development.
3

No War, No Weapons

0

No specific, concrete data points were found in the provided articles to assess Ovid Therapeutics Inc. against the 'No War, No Weapons' ethical value. The company's core business is biopharmaceuticals, which does not inherently involve arms manufacturing, military contracts, or conflict facilitation. The articles do not provide evidence regarding revenue from defense contracts, R&D in dual-use technologies, sales to embargoed regimes, peacebuilding investments, or any other specific metrics related to military or conflict involvement.

1
Statements about general legal compliance or internal codes of conduct do not provide the specific, quantitative evidence required by the rubric for any KPI.

Planet-Friendly Business

-20

Ovid Therapeutics Inc. has no mentioned regulatory actions, violations, fines, or compliance issues.

1
No specific data related to other Planet-Friendly Business metrics is available in the provided text.
2

Respect for Cultures & Communities

0

No evidence available to assess Ovid Therapeutics Inc. on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess Ovid Therapeutics Inc. on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No evidence available to assess Ovid Therapeutics Inc. on Zero Waste & Sustainable Products.

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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.