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A biotech firm's profits fell in Feb 2026 due to CEO departure disrupting operations and delaying product launches, causing an 8% stock drop.
A major biotech company reported a decline in profits, citing internal upheaval following the unexpected departure of its CEO, which disrupted operations and strategic planning.
The financial results, released on February 10, 2026, reflect challenges in pipeline development and delayed product launches linked to leadership changes.
Investors reacted cautiously, with the company's stock dropping 8% in after-hours trading.
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Las ganancias de una empresa de biotecnología cayeron en febrero de 2026 debido a la salida del CEO que interrumpió las operaciones y retrasó los lanzamientos de productos, causando una caída del 8% en las acciones.