The company's purpose is to conduct research, development, manufacturing and sales of therapies in the field of life sciences and all other activities related thereto. The company may carry out all commercial and financial transactions directly or indirectly related to its purpose. The company may establish branches and subsidiaries in Switzerland or abroad and participate in all companies directly or indirectly related to its purpose and generally participate in them. The company may acquire, manage, hold and dispose of real estate, to the extent permitted by the Federal Act on the Acquisition of Real Estate by Persons Abroad. The company may grant loans and other forms of financing to third parties or other group companies and provide security of any kind for the direct or indirect benefit of third parties or group companies, in particular in the form of guarantees, pledges or fiduciary assignments of the company's assets. The company may conduct all other business directly or indirectly related to its purpose, either on its own account or on behalf of third parties.