Severin Schwan, CEO, Roche Group

(NECN) - In a speech taped last week and aired as part of NECN's 'Chief Executives Club of Boston' series, the CEO of Roche Group, Severin Schwan, discussed the upcoming changes to the industry.

Schwan said he expects more consolidation in the industry which could squeeze out some of the lesser players in the industry.

He said Roche, which has the largest pharmaceutical research and development budget in the world, will be one of the survivors.

Watch more of his remarks in the video player.

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