Scott Smith: Thank you, Ash. And I’d ask Rajiv to address your questions.
Rajiv Malik: Yeah. So, within our business, Ash, the OTC is performing exactly as we had anticipated and planned, especially this — during this year of that sort of deal and transition and we are very happy in fact, how the overall business in Europe, because this is predominantly a European business, a 2% solid performance in Europe, overall and OTC playing its role. And OTC, just let me put it like that, OTC is not a very — for us is a huge growth driver within the region. But yes, it’s a pretty steady, steady business, and it’s performing as we expected. To your point, question about complex injectables, every program and it’s not that every product is going to come in 2027, in fact, we should be looking into launching these products.
Later I — if we are optimistic later this year or early next year. And then from there onwards, I think every year you’re going to see two to three key products getting launched. However, that’s, I would say 2024, 2025, and 2026, leading to 2027 and 2028, a $1 billion franchise, we said. We have about eight first-to-file first-to-market opportunities, which we have already secured, we are about 37 products in this pipeline and we are adding more. And from the science point-of-view, we could not be more pleased. Yes. We — there is always a little bit of — with the FDA, changing in time, but we have taken that into consideration while modeling all this.
Operator: Thank you. We’ll take our next question from David Amsellem with Piper Sandler.
David Amsellem: Thanks. So, at the outset of the evolution of the company’s overall strategy, I think you had called out three therapeutic verticals, I think it was Derm GI and ophthalmology, and I’m just wondering is that something you’re led to closely going forward? Are you looking at other therapeutic verticals, how should you think — how are you thinking about that as you think about your brand strategy more broadly? And secondly, just any comments you might have on epinephrine and how you’re thinking about the intranasal and another formulation that might come to market, and how you’re thinking about potential pressure on EpiPen if any? Thank you.
Scott Smith: Yes. Thank you, David, for the question. I’ll answer the first one, and then I’ll kick it over to Rajeev. We’re focused on looking for strategically significant transactions. Our initial focus on the three therapeutic areas that you called out: ophthalmology, GI, and dermatology. However, we are looking for other things, which may be adjacent to that, we are a little bit agnostic. What we’re really looking for is assets that can use the leverage and the company that we have, the strength that we have as a base company, the strength in terms of commercialization, in terms of research and development, in terms of distribution, in terms of market access. That’s the important thing is that we look at and are interested in assets for which we can use the strong company that we have to be able to maximally commercialize them going forward.
Rajiv Malik: So, regarding epinephrine, David. First of all, after maybe a few years, we have seen growth in this overall market, epinephrine market, there has been a healthy growth this year and we have also participated in the growth. And so, a market which is being well served today, we’re not by — just one player by two to three players and there is still there are — there is a — I would say, that the unmet need or there is a patients out there. So we welcome the more competition or a different dosage form from patient’s point-of-view. Having said that, we have followed epinephrine or this intranasal product very closely from science perspective and actually have some of the concerns from how — it’s execution, because there was a public hearing and we got to see the science from that point-of-view.
