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flag Charles River Laboratories' stock plunges 28% as FDA plans shift to AI from animal testing.

flag 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. flag This change could reduce costs and drug prices but negatively impacts Charles River Laboratories, which focuses on traditional animal trials. flag The stock drop aligns with a broader market downturn, with major indices also falling significantly.

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