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I think, the first few years, we were getting scale in our New Categories business and now we're becoming a lot more choiceful and really evaluating where we deploy the capital in the group. The hard targets are: yearly revenue growth of 3-4%, adjusted profits from operations (APFO) growth of 4-6%, 2bn savings by 2030, more than 50bn free cash flow by 2030, and a +90% conversion of profits into cash

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The MIT team packaged each of these three components into a different type of nanoparticle carrier