The purpose of the company is the development, production and trade of medical devices, as well as the holding and management of intellectual property rights and the granting of licenses for the same. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, merge with such companies or acquire related companies, and conclude all transactions that are suitable to promote the purpose of the company or are directly or indirectly related to it. The company may also purchase, manage and sell real estate.