The purpose of the company is to research, develop and sell therapeutic vaccines, pharmaceuticals and medical products as well as corresponding components and other parts thereof. The company can acquire, hold, exploit or sell patents, trademarks and other intellectual property rights as well as license rights thereto in Switzerland and abroad. The company can 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 can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as grant guarantees and warranties for subsidiaries and third parties.