The company's purpose is to hold and manage participations, licenses and other assets. The company may also acquire, manage and sell real estate in Switzerland and abroad. Furthermore, the company may participate in, found, acquire and merge with other companies of any kind in Switzerland and abroad. It may acquire, encumber and sell intellectual property rights in Switzerland and abroad, and establish branches and agencies in Switzerland and abroad by decision of the management. In addition, the company may acquire, manage and sell securities, take out and grant loans, and provide guarantees and other securities.