Claude Bertrand21:45
I have always been of the principle – and honestly, for at least 20-25 years, I have only worked in the context of partnerships. So I have promoted, for at least 20 years, what we call open innovation. I think innovation is not the property of one or the other. We'll come back to risk-taking because I think pharma also takes big risks. But it's certain that we must cultivate the crossing of paths, transversality, which creates disruptive innovations. I may be stating the obvious, but I'm not sure many implement it – the 'water cooler innovation': you meet someone at the water cooler, no intention of talking about work, but you're stuck on a problem for a week, and someone from a completely different background says, 'Oh, I saw the same situation in my field,' and that's how innovation happens. So we really need to create that transversality. And then we need to open up to the outside. We decided that part of our building is truly open to the outside. Tomorrow, if you go to Saclay, you can enter Servier without a badge – you have to go through reception, but there's a common area, a cafeteria, a real exchange zone modeled on Anglo-Saxon campuses. They've proven themselves. And then there is a mindset aspect: you have to take risks. I am lucky to be part of a group governed by a foundation; we have zero shareholders. All profits are reinvested for the benefit of the group and therefore for patients. That's an incredible opportunity, and we can take more risks than others who have to report quarterly to shareholders. That said, it's easier when you start from zero – you have nothing to lose, everything to gain, so you take more risks than an established company. But again, I think it's the permeability between different worlds that will create tomorrow's innovation. After Covid, people think, 'Oh yes, tomorrow's innovation comes from small companies.' That's not true, obviously, because we never talk about the 90% that never took off and crashed. What gets me up every morning is the patient. And the fact that this is a patient business – it's a patient business. You need thick skin, broad shoulders, because you fail more often than you succeed. When you succeed, it's a delight. So you have to move.