The purpose of the company is clinical medical research. The company is authorized to conduct all business that is directly or indirectly related to this purpose or is suitable to promote it. The company can establish branches and subsidiaries in Switzerland and abroad, participate in companies in Switzerland and abroad or merge with such companies. The company can acquire, dispose of, sublicense, evaluate or have evaluated industrial property rights or license rights and acquire and sell real estate in Switzerland and abroad. The company can also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.