Okay, let’s tackle this. So Eric Katz has a strong educational background in molecular biology from the University of Cape Town. He has skills in PCR, DNA extraction, research, and laboratory work, which are all in demand. However, considering his location in Denver, Colorado, which might have a lower cost of living compared to major hubs like Boston or San Francisco, I'll estimate his rate on the lower side of the range. Looking at salary benchmarks for molecular biologists in the US, Eric's skills and experience might put him in the lower to mid-range. A common range for molecular biologists with similar skills is $80-$150 per hour. Given his skills and experience, I'll estimate around $125 per hour.