The purpose of the company is the management of patent and intellectual property rights, and it can manage, sell or otherwise exploit its own patent, license, protection, trademark and other rights, as well as acquire, manage, sell or otherwise exploit foreign patent, license, protection, trademark and other rights. The company is authorized to conclude all transactions and take actions or conclude contracts that are useful and beneficial for the promotion and achievement of the aforementioned company purpose or are directly or indirectly related to it. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.