Waters Corp at JPMorgan Healthcare Conference Transcript
Perfect. Good afternoon, everyone. This is Rachel Vatnsdal with the Life Science Tools and Diagnostics team at JPMorgan. We are here joined by Udit Batra, CEO of Waters. So this session will be as standard as you've seen earlier today, 20 minutes of presentation followed by 20 minutes of Q&A. (Operator Instructions)
And with that, Udit, I will let you take over. Thank you.
Thank you, Rachel. Good afternoon, everyone. Thank you for taking the time for one of these last slots in the afternoon. Appreciate your interest. 2023 started with us having a lot of positivity in our business and in the markets. And little did we know, in Q1, biotech came to a screeching halt. The macroeconomic conditions made our customers slow down their purchasing cycles. And of course, in China, we saw an unprecedented economic slowdown. And despite all of this, for the first 9 months of the year, we've delivered really, really
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