With Novartis AG's root-to-branch revamp a reality, its American CEO Joseph Jimenez is passing the leadership baton to the Swiss group's chief medical officer Vasant Narasimhan – another American who has been increasingly at the center of its drug development and commercialization strategy and who is a big proponent of automation and artificial intelligence in future discovery.
News of Jimenez's departure - effective Feb. 1, 2018 - came as a surprise to the industry, and comes after eight years at the helm of Europe’s biggest medicine maker, during which time he restructured the Swiss group with asset swaps and prepared the sale of underperforming divisions
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