The company's purpose is the development and production of materials as well as the holding of intellectual property rights related thereto. The company may establish branches and subsidiaries in Switzerland and abroad. It may acquire, hold, manage, pledge, utilize and dispose of real estate and intellectual property rights in Switzerland and abroad, as well as finance other companies. In particular, it may grant direct or indirect financing to its direct or indirect subsidiaries and to third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, for their own commitments as well as for those of other companies (including direct or indirect shareholders of the Company or companies in which these shareholders have a direct or indirect participation). Finally, the Company may engage in all commercial, financial and real estate activities (within the limits of the Lex Koller) that are suitable to promote its purpose or are related thereto.