of sanofi, gilead and astrazeneca. and they are just some of the big names that are relying to as the google docs of research and development what does your software allow firms to do? biotech is this incredibly important life—saving industry, is the best way to fix that. approved 50 new medicines, many remarkable and life—saving. number was about the same. meanwhile, costs have soared, and that's where we come in at benchling. if you look at other complex industries, battery costs have dropped 10 in the last decade dropped 10 times in the last decade electric vehicle sales to allowing electric vehicle sales to over the world and to he mgr-ribs assesses “3�*s" got to he mgr-ribs assesses ”37w got so te he mgr-ribs erecteehe ”37w got so good semiconductor sales have got so good the! semiconductor sales have got so good that have self driving cars. hasn't seen that kind of e but is too important progress but it is way too important to keep like a cottage and w w and thatw'ws w and thatw'ws where w and thatw'ws where we w and thatw'ws where we come industry and that's where we come in. we build technology that makes r&d faster

and they are just some of the big names that it's a multi—billion—dollar company, sometimes referred to as the google docs of research and developmenthrough. now, first of all, explain what it is you do. let me start with some... the bigger picture. but it has a massive productivity problem, and i believe technology is the best way to fix that. but if you rewind about ten years, go back a decade, that number was about the same. so, overten years, hundreds of billions of dollars in the sciences. meanwhile, costs have soared, and that's where battery dropped ten times. in a decade. semiconductors have got so we self semicaaductars have set 5a we self driving saraicaaaactara have aa! aa we self driving cars good, we have self driving cars and chatgpt. biotech hasn't that progress. but it's seen that progress. but it's way too important to keep operating like a cottage industry. that's where we come in at benchling. we build technology that makes r&d faster, and i think there's never been a greater need. here with this software? just to paint a picture, creating a medicine is harder and even then, most medicines still fail when they're