Joseph "Joe" Jimenez, chief executive officer of Novartis AG, speaks during an interview at the Novartis Institutes for BioMedical Research (NIBR) campus in Shanghai, China, on Wednesday, June 1, 2016. Novartis said the 1,300-person facility will be its third major research center, after Basel, Switzerland, and Cambridge, Massachusetts. Photographer: Qilai Shen/Bloomberg via Getty Images