The purpose of the company is the development of technical applications and materials based on physical and chemical research and development, services in this context, the exploitation of intellectual property rights, as well as the production and distribution of materials. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company can acquire, hold, manage, encumber and dispose of real estate and intellectual property rights in Switzerland and abroad. The company can carry out financings of any kind for its own account or for the account of third parties and/or take them up, in particular credit or security transactions (including the granting of pledges, security assignments and transfers, guarantees, sureties, patronage declarations, indemnification obligations and economic benefits associated with these transactions), against payment or free of charge, with, in favor of and/or in relation to liabilities of direct or indirect shareholders, subsidiaries and other affiliated companies, even if such financings, credit or security transactions are in the exclusive interest of direct or indirect shareholders and/or affiliated companies. The company can conduct all business and take all measures that appear suitable to promote the purpose of the company or are directly or indirectly related to it.