The company's purpose is to operate pharmacies. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. It may acquire, manage, encumber and sell properties in Switzerland and abroad, as well as acquire, hold and sell intellectual property rights. It may provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties. The company may engage in all commercial, financial and other activities that are connected with the company's purpose.