IBSA Bylaws.pdf

The IBSA Foundation for Scientific Research is a non-profit organization established under Swiss law, with its registered office in Collina d'Oro, Switzerland. Its purpose is to promote scientific research and protect health, focusing on areas such as endocrinology, dermatology, and pain management. The Foundation is governed by a Board of Governors, which manages its activities and makes decisions on contributions and donations. The Board of Governors has the power to establish internal committees, appoint agents, and delegate duties to external individuals. The Foundation's capital is to be used for expenses and contributions, with decisions requiring unanimous vote from the Board of Governors. Meetings of the Board of Governors are convened by the Chairman, and resolutions can be taken through written circular or telephone conversations. The Foundation also has a Scientific Board, which serves as an advisory board, and an Auditors committee to oversee its financial activities.