Thank you.
I agree with everything that my fellow witnesses are saying, and absolutely, harmonization with Europe is important. Doing things that we can do to attract investment for major pharmaceuticals is important, but I would also caution the committee to remember that new economic activity clearly comes from early-stage companies. That's where jobs are coming from. That's where new economic activity is coming from.
If this committee spends 90% of its time thinking about how to attract a particular investment or having a sector attract investment, it should do that, but it shouldn't spend 90% of its time on that. It should think about how to create an environment that fosters the creation of early-stage technology companies, because that's where the results come from. Clearly, they come from there. Think about that as well.