The operation of a medical practice in otolaryngology. The company may also: a) carry out all commercial, financial, movable or immovable transactions for exclusively commercial purposes within the meaning of Art. 2 para. 2 lit. a LFAIE; b) acquire participations in other companies; c) in general, carry out all operations having a direct or indirect connection with the company's purpose in Switzerland and abroad. The company may have subsidiaries or establish branches in Switzerland and abroad.