The company's purpose is to carry out, promote and advise on pharmaceutical and biomedical developments. This includes the implementation of patent ideas into new treatment strategies and new pharmaceutical products, as well as the evaluation and introduction of new areas of application for approved products. In addition, the company may provide consulting services to companies and individuals in business and financial matters. The company is also authorized to participate in other companies in Switzerland and abroad, establish branches and subsidiaries, and enter into all transactions and conclude contracts that are suitable to promote the company's purpose or are directly or indirectly related to it. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide securities for the liabilities of affiliated companies.