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Deed of Termination and Release

of a Development Agreement relating to the
development of intellectual property by
Molecular Vision Limited

  (1) Molecular Vision Limited

and

  (2) Acrongenomics Inc

Dated                                       2008

  Osborne Clarke       Apex Plaza   Forbury Road   Reading   RG1 1AX   Telephone
+44 (0) 118 925 2000   Fax +44 (0) 118 925 2005

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This Deed of termination and release is made
on                                    2008

Between:

(1)

Molecular Vision Limited (registered in England under number 4292847) whose
registered office is at BioIncubator Unit, Bessemer Building, Prince Consort
Road, London SW7 2BP Limited ("Molecular Vision"); and

    (2)

Acrongenomics Inc., whose registered office is at 14 Rue Kleberg, Geneva
CH-1201, Switzerland ("Acrongenomics").

    (3)

(the "Parties")

Whereas:

(A)

The parties entered into a letter agreement dated 19 August 2008 (the "Letter
Agreement") relating to the termination of a development agreement between the
parties dated 23rd May 2007 (the "Development Agreement") and this Agreement is
the definitive agreement contemplated by paragraph 11 of the Letter Agreement
relating to the release of obligations and liabilities under the Development
Agreement.

    (B)

The Development Agreement terminated on 19 August 2008

    (C)

Upon the terms of this Deed, the parties have agreed to acknowledge the
termination of the Development Agreement and to release and discharge each other
from all obligations under it.

It is agreed as follows:

1.

Termination and Release

     

The Parties agree that:

      (a)

the Development Agreement terminated on 19 August 2008 and thereafter ceased to
have effect from that date;

      (b)

each of them shall with effect from such termination stand unconditionally and
irrevocably released and discharged from all obligations (past, present and
future) arising under or resulting from the Development Agreement; and

      (c)

neither party shall be entitled to exercise any rights or make any claim
counterclaims, or appeal against the other under or in relation to the
Development Agreement or its termination.

      2.

General

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2.1

Counterparts

      (a)

This Deed may be executed in any number of counterparts and by the parties on
separate counterparts (which may be fax copies), but shall not be effective
until each party has executed at least one counterpart.

      (b)

Each counterpart, when executed, shall be an original of this Deed and all
counterparts shall together constitute one instrument.

      3.

Exclusion of third party rights

     

Unless expressly provided in this Deed, no express term of this Deed is
enforceable pursuant to the Contracts (Rights of Third Parties) Act 1999 by any
person who is not a party to it.

      4.

Governing law and jurisdiction

      4.1

Governing law

     

This Deed shall be governed by and construed in accordance with English law.

      4.2

Jurisdiction

     

Each of the parties irrevocably submits for all purposes in connection with this
Deed to the exclusive jurisdiction of the courts of England and Wales.

In witness whereof this Deed has been executed and delivered as a deed on the
date written at the beginning of this Deed.

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Executed as a Deed by                                         ) Molecular Vision
Limited                   ) acting by a director and its
                                      ) secretary or two directors:
                                      )         Director          
Director/Secretary                           Executed as a Deed by
                                      ) Acrongenomics Inc ) acting by a director
and its                                         ) secretary or two directors:
                                      )         Director          
Director/Secretary  

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