Thank you, Chair, and thank you to the witnesses for being here.
My background is that of a corporate mergers and acquisitions lawyer, Dr. Edwards. You gave your example of open science and how you started a company and your investors got a good return. You spoke about the importance of how these companies will be profitable but will not have extreme profits. How do you coordinate that with fiduciary duties to maximize the value of shareholder wealth? How is that a sustainable model?
It sounds really good, and I'm not disagreeing with you that it probably should be the model, but from a practical standpoint, how can that be implemented?