Sure. Thank you for your question.
Patent term restoration is a life sciences-specific IP provision found in 31 of 34 OECD countries. It allows innovators to claim some element—not all elements—of the time that is expired in the context of regulatory approval times, which can be quite long in Canada and other countries. It allows them to make an application to have some of that time restored at the end of the patent term.
It is on the table with the European Union. There are different models around the world. The European model is one such. The U.S. has a different model. Other countries have different models. Canada is, as you said, in a fairly rarefied atmosphere in having no model whatsoever in place.
There definitely is, from a life sciences perspective, a fairly glaring difference between the Canadian regime and other regimes. It would certainly be of assistance to our industry, on an ongoing basis, to have that rectified and have some sort of PTR system in place.