Manufacture and distribution of chemical and pharmaceutical products of all kinds. The company is authorized to carry out all operations, functions and activities that serve the company's purpose and are directly or indirectly related to it. It may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and hold and sell such companies. It may acquire, hold and sell real estate. The company may engage in all commercial, financial and other activities that are related to its purpose. In particular, it may acquire and exploit licenses and other rights. It may grant direct or indirect financing to group companies or third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, and provide security of any kind for the liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not.