LONDON — The chief executive of Swiss pharmaceutical giant Novartis on Wednesday outlined how policymakers and the health industry can learn from the coronavirus crisis to improve pandemic preparedness.

"Pandemics have been with us for centuries. If you go back into the recorded history, probably on the order of 15 pandemics in the last 200 to 300 years. And, so pandemics periodically happen, and they are probably bound to happen again in the future," Novartis CEO Dr. Vas Narasimhan told Julianna Tatelbaum at the virtual CNBC Evolve Global Summit.

"We know what the solutions are — it is just very hard to maintain the investments over time. We need world-class surveillance to really identify when viruses move from animal populations to human populations, and we need a policy framework for that information to be very rapidly shared," he said.

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