** Shares of Australia's PolyNovo PNV.AX fall as much as 7.2% to A$1.165 in early trade
** Stock hits lowest since November 1, 2023
** Biotech co says it has removed its CEO, Swami Raote
** The Australian newspaper has published a series of reports alleging "bullying" by chairman David Williams against CEO Swami Raote and finance head Jan Gielen
** Co earlier this month said it had held talks with Raote over an agreement for him to leave the firm
** PNV stock down 18.2% so far this month
** Stock down 42.4% YTD
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com))
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