Mike McMullen: Bob, I just have to think to your comment about the DGG business. Just a reminder, Puneet as we came into this year, we created a unique structure as part of our one commercialization to have all of our China businesses we put into one single leader. Really, the idea was to add scale to the parts of our business, which we felt underrepresented, and you saw the payoff already starting to happen with the growth rate in DGG, for example.
Puneet Souda : That’s great. Just quick one on pharma. I mean this was the first quarter in a long time when I saw small molecules growing faster than biomolecules. Can you elaborate a bit what’s behind that dynamic?
Mike McMullen: I thought it was really good newsprint because we’ve been talking lately about that while we still continue to believe that biopharma large molecules will have the inherently higher growth rate, we’ve also been pointing the fact that the small molecule will continue to have growth. And I think it speaks to some of the strength of particularly our LC and LC/MS business in small molecule. And Jacob, I’ll have you add a few comments here in a second. I wouldn’t overread too much in that particular quarter. It’s just one quarter. I think we would expect to continue to see over time a differentiation in the growth rates between biopharma and small molecule, but small molecule by no means is dead and it’s an opportunity for growth. And I think we’ve got a great portfolio there, Jacob.
Jacob Thaysen : Yes. Right, Mike. Oh, sorry, I was on mute here. So sorry, this was Jacob coming with some comments. But you’re absolutely right, Mike. We continue to see the small molecule being — while it’s still the largest part of our business, of course, we see biopharma as a great opportunity, but we take the small molecule business very seriously and continue to build full workflow solutions for that, particularly for the LC and LC/MS space, and that’s where the growth is coming from.
Mike McMullen: Thanks, Jacobs.
Operator: We go next to now to Brandon Couillard from Jefferies.
Brandon Couillard : Mike or Bob, I can’t remember. You mentioned the PFAS market several times in the prepared remarks. Can you just give us a ballpark size of how big that market is right now, maybe relative growth rates and whether it’s primarily a U.S.-centric market or if it’s developing in other parts of the world as well?
Mike McMullen: So Jacob, how if you and I tag team on this? We’re viewing this, I think, about a $200 million market, growing double digit. We think while there’s — a lot of the growth is centered in the U.S., there’s also going to be very strong growth in the U.S. and perhaps some in China. So we actually see this as a sort of a global story with initial big legs in U.S. and Europe and the growing interest in China. But let me see if I got that right, Jacob?
Jacob Thaysen : Yes, you’re absolutely right, Mike. It’s a huge market. And in fact, there was more than 4 billion put aside in the infrastructure build for PFAS testing, not only for analytical instrument, obviously, but overall for PFAS testing. So this is a great opportunity. And it’s particularly a great opportunity for us as this requires — it’s very high-sensitivity instruments you need and you have run very easily into issues in your sample, perhaps you don’t take that very seriously. So really building out the flow solutions and have something that works every time. We spend a lot of energy on that. And in fact, we have a solution now that lives up to all the EPA regulations and our customers just love it because it’s just plug and play, and it works very well for them for very sophisticated ways of doing business here.