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Charles River Laboratories' stock plunges 28% as FDA plans shift to AI from animal testing.
Charles River Laboratories' stock fell 28.13% to $99.95 after the FDA announced plans to phase out animal testing in favor of AI methods for drug development.
This change could reduce costs and drug prices but negatively impacts Charles River Laboratories, which focuses on traditional animal trials.
The stock drop aligns with a broader market downturn, with major indices also falling significantly.
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El stock de Charles River Laboratories se hunde en un 28% mientras la FDA planea pasar a la IA de las pruebas con animales.