Molecular communication (MC) research increasingly focuses on biomedical applications like health monitoring and drug delivery, demanding testing in realistic living environments. Elevating MC research requires developing advanced in vivo testbeds. We introduce the chorioallantoic membrane (CAM) model as the first versatile 3D in vivo MC platform. The CAM, a highly vascularized membrane in fertilized chicken eggs, is established in bioengineering, cancer research, and drug development. Its biological realism, reproducibility, and versatility make it ideal for next-generation MC testbeds, bridging proof-of-concept systems and practical applications. We comprehensively characterize the CAM model's properties and MC system relevance. Through experimental studies, we investigate fluorescent molecule distribution in the CAM's closed-loop vascular system. We derive an analytical model using the wrapped normal distribution to describe particle propagation in dispersive closed-loop systems dominated by diffusion and flow. Parametric models are developed to approximate particle dynamics in the CAM, with parameters estimated via nonlinear least squares curve fitting. A dataset of 69 regions from 25 eggs validates our models. We analyze parameter relationships and biological plausibility. Finally, we develop a parametric model for long-term particle behavior and liver accumulation in chick embryos.