Thank you, Madam Chair.
I'd like to thank the witnesses again.
I'm going to start with Dr. Murphy. It's nice to have someone from UBC here, my alma mater. It's not only that, but also that I worked there for 17 years in the department of zoology. I have a lot of fond memories of that, but it was a long time ago so things have changed, I'm sure.
You seem to be an ideal person to ask about innovation, the fundamental research piece and then the innovation that can and should follow on from that in many cases.
My friend Pieter Cullis has been in the news with regard to the mRNA vaccines and the basic research he did. I don't know if the innovation for the vaccines was developed there or if any development like that happened, but I'm wondering how much of that kind of innovation goes on at UBC now, or at any big university. How important it is to the university and the researchers?