The purpose of the company is the manufacture, development and distribution of medical devices as well as the provision of marketing and administrative services. The company may also conduct financing transactions and provide security for the obligations of its shareholders and affiliated companies, in particular in the form of guarantees, pledges, global assignments and security transfers. The company may enter into any business and conclude contracts that are suitable to promote the purpose of the company or that are directly or indirectly related to it. The company may participate in other companies or merge with them. The company may acquire, hold or sell real estate. It may establish branches and agencies in Switzerland and abroad by resolution of the Board of Directors.