The company's purpose is to provide medical devices worldwide, in particular medical implantable devices, to provide all related services and to manage the global supply chain. The company can carry out all necessary business activities in this context, including research, development, manufacturing and marketing of medical products, in particular the development, patenting and licensing of new products and processes, and can acquire, hold, manage, exploit and dispose of intellectual property rights. The company can participate in other commercial and industrial enterprises and establish branches and subsidiaries in Switzerland and abroad. The company can invest in funds, lend and borrow, and raise funds, including the issuance of bonds, debt securities or other securities or proof of indebtedness, and conclude contracts related to these activities. The company is authorized to acquire, encumber, sell and manage real estate in Switzerland and abroad. Furthermore, the company can conduct all business that is suitable to promote the achievement of the company's purpose. The company can participate in group financing, in particular by granting loans to its group companies or providing guarantees or other securities of any kind for their liabilities to third parties, including by pledging securities, even if these loans or securities are in the exclusive interest of its group companies and are provided free of charge.