The purpose of the company is (i) to research, develop, exploit, market and promote and trade in (including purchasing, ordering, selling and distributing) as well as in-licensing products and technologies of any kind in the field of the pharmaceutical industry and related fields, (ii) to manufacture such products or outsource them, (iii) to carry out registrations and approvals of such products, (iv) to provide consulting and services of any kind in these areas, and (v) to develop, acquire, hold, manage, encumber, exploit, sell and transfer licenses for intellectual property rights and to protect these rights. The company may participate in other companies, make or arrange financing. The company may take out and grant loans, provide guarantees and other securities. The company may establish branches and subsidiaries in Switzerland and abroad, acquire, hold and sell real estate, and carry out all commercial, financial and other activities that are connected with the purpose of the company.