The company's purpose is to conduct research, development, manufacturing, trade and distribution in the field of pharmaceutical, cosmetic, medical, biotechnological and related products, as well as to provide services related thereto. Furthermore, the company may exploit manufacturing processes and grant industrial property rights and licenses. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. 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 guarantees and sureties for its subsidiaries and third parties.