Development and further development as well as marketing of research results, in particular the initiation, acquisition, implementation and exploitation of research and development work, the associated consulting and financing as well as the provision of all related services. The company can establish branches and subsidiaries in Switzerland and/or abroad and participate in other companies in Switzerland and/or abroad, acquire, hold, encumber and sell real estate or intellectual property rights in Switzerland and/or abroad, and conduct all commercial, financial or other business that is directly or indirectly related to the company's purpose. Furthermore, the company can grant loans or other financing to its direct or indirect shareholders and their direct or indirect subsidiaries as well as to third parties, against payment or free of charge, and provide security of any kind for the liabilities of such persons or group companies, including guarantees, pledges and fiduciary transfers of the company's assets. In addition, it can operate or participate in liquidity balancing/net liquidity centralization (cash pooling) with group companies, including periodic balance adjustments (balancing), without consideration, on preferential terms, interest-free, excluding the company's intention to make a profit and assuming cluster risks.