The company's purpose is to develop, produce and distribute active ingredients, diagnostics, substances and products for medical use. The company may conduct financing, licensing and security transactions as well as management tasks, also for the benefit or in the interest of affiliated companies and engage in other types of investments. The company may establish branches and agencies in Switzerland and abroad by decision of the board of directors. The company may acquire, encumber and sell intellectual property rights and real estate in Switzerland and abroad. It may participate in other companies in Switzerland and abroad, acquire or establish similar or related companies, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.