Healthcare - Are We Going to Be Pure Play Innovative Medicines?

Novartis is a 250 year old company started in the dye making industry. It slowly evolved into a healthcare conglomerate when Novartis and its current form was created in 1996. Over the last five years, we've done about $100 billion of transactions to exit consumer health, eye care devices,. Our plan spin of Sando's, also some of the investments we had such as our stake in Roche. And then focus on these new technology platforms where we think medicine is going to head over the next 15 years.