Skip to Main Content

The leaders of drug makers Novartis and Bayer joined President Trump on Thursday evening at a private dinner in Davos, the snowy Swiss resort that’s playing host this week to a gathering of elites from around the globe.

Vas Narasimhan, who officially becomes CEO of Novartis (NVS) next week, and Bayer (BAYN) CEO Werner Baumann were among the 15 European business executives invited to the event. The White House’s goal for the evening: to encourage the companies to make investments in the U.S. and to encourage others to join them, National Economic Council Director Gary Cohn told reporters earlier this week.


Also invited: Mark Schneider, CEO of the food and beverages giant Nestle, which has its own growing ambitions in medicine. Other European business leaders who got an invitation represent companies including Adidas, Siemens, Deloitte, Volvo, and HSBC, headquartered in countries including Germany, France, and the U.K.

Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!