Actelion at a glance

Letter from the Chairman of the Board

Addresses

CEO's Letter - Introduction

CEO's Letter - Marketing

CEO's Letter - Clinical Development

CEO's Letter - Drug Discovery

CEO's Letter - Delivering sustainable growth

Patient Story

Inside Story

CFO's Letter

Corporate Governance

Report of the group auditors

Consolidated Financial Statements

Notes to the Consolidated Financial Statements

Report of the statutory auditors

Holding Company Statements

Notes to the Financial Statements 2004

Shareholder Information