They probably won't need a Phase 3 with the new 21st Century Cures Act. If they launch their own Phase 2 and both that and the Shiseido Phase 2 provide great results then they could technically use both those trials as evidence for an FDA approval in the U.S. Only thing that sucks is that Replicel's Phase 2 trial might last 3 years. So we might possibly be looking at 5 years before release in U.S.