WEBVTT 00:00:00.125 --> 00:00:00.792 Torben, welcome. 00:00:00.875 --> 00:00:03.753 What do you see as the major trends shaping health care, 00:00:03.753 --> 00:00:04.754 globally, this year? 00:00:05.839 --> 00:00:09.551 I think, number one, innovation remains the top priority for all 00:00:09.551 --> 00:00:13.013 health care companies. Number two, in parallel, in order to 00:00:13.013 --> 00:00:16.099 fund that innovation but also to address inflationary 00:00:16.099 --> 00:00:19.686 environments of the past and the current situation, it will be 00:00:19.686 --> 00:00:22.605 important to reduce cost and improve productivity. 00:00:23.314 --> 00:00:27.485 I also see that M&A activity this year will increase significantly, 00:00:27.736 --> 00:00:30.989 and I think the industry is gearing up for that. 00:00:31.281 --> 00:00:33.950 And last but not least, we see a lot of 00:00:33.950 --> 00:00:37.954 uncertainty- geopolitically but also economically- remaining. 00:00:37.954 --> 00:00:40.331 And I think that's the new reality we have to deal with. 00:00:40.582 --> 00:00:42.250 What are industry leaders telling you? 00:00:42.250 --> 00:00:43.418 What are you advising them? 00:00:43.418 --> 00:00:44.419 What's the sentiment? 00:00:45.462 --> 00:00:48.298 I think there is a sentiment of optimism overall. 00:00:48.506 --> 00:00:52.719 You know, innovation, investment, M&A activity are 00:00:52.719 --> 00:00:54.345 expected to increase. 00:00:54.804 --> 00:00:58.683 There is a sense of caution around cost containment, 00:00:58.683 --> 00:01:03.229 productivity improvement. And there is a sense of boldness, I 00:01:03.229 --> 00:01:07.984 feel, in some parts of the world to, to really make changes that 00:01:07.984 --> 00:01:12.530 improve patient safety, care, and the economical situation of 00:01:12.530 --> 00:01:15.450 countries and the individual companies. 00:01:15.825 --> 00:01:16.785 Torben, thank you so much. 00:01:16.826 --> 00:01:17.243 Thank you.