The company's purpose is to develop, manufacture and distribute chemical, particularly pharmaceutical and related products in Switzerland and abroad, to conduct research related thereto, to establish the medical-technical and administrative prerequisites for the approval of medicinal products worldwide for its own and third-party products of this kind, to acquire, hold and exploit intellectual property rights in these areas, with the exception of intellectual property rights related to Prostone, to trade in the aforementioned products, and to provide all consulting and other services related to this purpose, with the exception of consulting and other services related to Prostone. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for its subsidiaries and third parties.