The company's purpose is to develop, acquire, take over, manage and exploit patents, licenses or rights of all kinds, in particular in the field of pharmaceutical, biotechnological and medical products and processes, as well as to grant licenses and sub-licenses. The company also aims to research, develop, market, distribute and sell pharmaceutical, biotechnological, medical and therapeutic products. The company may establish branches and subsidiaries in Switzerland and abroad, as well as acquire, manage, encumber and sell real estate and participations. The company may also carry out all commercial, financial and other activities that are directly or indirectly related to its purpose. It may provide direct or indirect financing to third parties or companies in which it is directly or indirectly involved, as well as to direct or indirect shareholders or companies in which such parties are directly or indirectly involved, whether through loans or other financing, including within the framework of cash pooling agreements. The company may provide security of any kind for its own or third-party liabilities, including pledges, assignments, fiduciary transfers, guarantees of any kind or offset obligations, whether for consideration or not, even if such financing, security or guarantees are in the exclusive interest of third parties or companies in which it is directly or indirectly involved, or of direct or indirect shareholders or companies in which such parties are directly or indirectly involved.