The purpose of the company is the development, management and exploitation of patents, know-how and other intellectual property rights of all kinds. The company may establish, acquire, manage, develop, license and sell securities, financial instruments and patents of any origin. The company may establish branches and subsidiaries in Switzerland and abroad, as well as acquire, manage and sell participations. The company may acquire, hold and sell real estate, as well as patent, trademark, copyright, design and all other intellectual property rights. The company may conduct any further business and take any measures that appear suitable to promote the purpose of the company or are directly or indirectly related to it.