The company's purpose is to acquire, develop, manage and exploit patents and other intellectual property rights. The company is authorized to conduct all business directly or indirectly related to or promoting the company's purpose. The company may establish, acquire, hold, manage and sell branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties. Furthermore, it may acquire, mortgage, manage and sell real estate.