The company's purpose is the development, manufacture and distribution of pharmaceutical and cosmetic preparations, as well as cosmetics and other goods, and the provision of consulting and services in these areas. The company can acquire, hold, manage and sell participations in companies of all kinds in Switzerland and abroad. The company can conclude all transactions and enter into agreements that directly or indirectly serve the company's purpose or are directly related to it. The company can acquire, hold, manage, encumber and sell real estate, licenses, patents and rights. The company can grant loans or other financing to its direct or indirect parent company and its direct or indirect subsidiaries, and provide security of all kinds for liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not. The company can establish branches and subsidiaries in Switzerland and abroad.
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