Novartis CEO: 'Europe Lags Behind' On Innovation
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Novartis:“l'Europa resta indietro, priorità a investimenti Usa”
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The investment environment outside Europe is currently“much more favourable”, Narasimhan said in the interview with Bloomberg on the sidelines of the World Economic Forum in Davos.
The statement comes against a backdrop of renewed geopolitical uncertainties and trade tensions, challenges that are particularly relevant for an industry with innovation cycles in excess of ten years. Although these“instabilities” should not be underestimated, according to Narasimhan they do not undermine Novartis' business model.
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