The company's purpose is the manufacture, distribution and trade as well as research and development of medical and life science products, the provision of services and training in the field of medicine and life science, the management of patents and production rights for medical devices, pharmaceutical products and medicines, the granting of licenses for the manufacture of medical and pharmaceutical products, and the acquisition of patents and licenses from third parties for the development of medicines and medical devices. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies, and conduct all business that is directly or indirectly related to its purpose. Furthermore, it may acquire, encumber, sell and manage real estate in Switzerland and abroad, provide financing for its own account or for the account of third parties, and grant guarantees and warranties for subsidiaries and third parties.