
Roche CEO Severin Schwan isn’t about to tamper with a winning R&D strategy now, but he’s still looking for ways to cut costs
For years now Roche has dominated the very top circle of Big Pharma R&D, investing more than $8 billion a year in drug development through a global network of research centers concentrated at Chugai, gRED in South San Francisco and pRED out of Basel. And as far as CEO Severin Schwan is concerned, that’s a winning formula that he has no plans to tamper with, even as Roche digs into its vast R&D ops in search of some greater efficiencies.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.