Is Atea Pharmaceuticals Stock Halal?
Table of Contents
How much of Atea Pharmaceuticals’ revenue comes from haram?
Atea Pharmaceuticals is a clinical-stage biopharmaceutical company focused on discovering, developing, and commercializing antiviral therapeutics for life-threatening viral infections.
The company’s lead product for treating patients with COVID-19, AT-527, is an orally administered direct-acting antiviral.
Atea earns its revenue primarily through collaboration agreements with Roche.
Practical Islamic Finance concludes:
None of Atea Pharmaceuticals’ revenue comes from anything inherently haram.
Does Atea Pharmaceuticals rely on interest to operate?
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What is Atea Pharmaceuticals’ Environmental, Social, and Governance (ESG) impact?
Environment
No notable environmental highlights.
Social
Atea Pharmaceuticals has a Glassdoor rating of 3.7 out of 5.0 from over 60 current and previous employees compared to a 3.3 average for all other Glassdoor rated companies.
Governance
No notable governance highlights.
Practical Islamic Finance concludes:
Atea Pharmaceuticals has a net positive ESG impact.
Comfort Rating
From Atea Pharmaceuticals’ business, financial, and ESG reviews, Practical Islamic Finance rates Atea Pharmaceuticals stock as: