Thank you.
Almost exactly one year ago, in April 2022, I issued a statement that the Government of Canada would proceed with the amendments to the patented medicines regulations to provide the PMPRB with new tools to protect Canadians against excessive prices for patented medicines. The Court of Appeal of Quebec and the Federal Court of the Government of Canada upheld the constitutionality of that new regulation, the updated “basket of comparator countries”. That's why we also heard many other stakeholders and partners wanting to move forward with that important announcement.
Having done that, as a result of the coming into force of that new regulation on July 1, 2022, we are expecting the board to put into place the guidelines that will be there to support the important implementation of those strong regulations dating from July 1, 2022.