**SINOBIOMED      INC.**

**Michael      Tan**

| Attention: | Mr.                Michael Tan |
|------------|--------------------------------|

| **Re:** | **Consulting                Agreement with Sinobiomed Inc. (the                “Company”)** |
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| 1. | **Services**.                During the Term (as hereinafter defined) of this Consulting Agreement,                Michael Tan (the “Consultant”) shall provide to the Company consulting                services basically in the area of corporate finance and development                strategy designed to assist the Company in its business development. |
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| 2. | **Term**. |
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|   | (a) | The                term of this Consulting Agreement (the “Term) is for a period of five                years commencing on March 1, 2007 (the “Effective Date”), subject to                termination under paragraph 2(b). |
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|   | (b) | If                the Consultant shall be guilty of any serious misconduct or any serious                breach or non-abservance of any of the conditions of this Consulting                Agreement or shall neglect or fail or refuse to carry out the duties                assigned to it hereunder the Company shall be entitled summarily                to                terminate the engagement hereunder without notice and without any                payment                in lieu of notice. |
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| 3. | **Payment                for Services**.                It is hereby agreed that the Consultant shall provide the consulting                services for a monthly fee of US$10,000 (the “Fee”) with such Fee being                due and payable by the Company to the Consultant on the first business                day                of the month in advance. In addition, it is agreed that the Consultant                shall be reimbursed for all expenses incurred by the Consultant for                the                benefit of the Company (collectively, the “Expenses”) and which Expenses                shall be payable by the Company within 30 days of delivery by the                Consultant of written substantiation on account of each such reimbursable                Expense. |
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| 4. | **Confidentiality                by the Consultant**.                The Consultant will not, except as authorized or required by the                Consultant’s duties hereunder, reveal or divulge to any person or                companies any information concerning the organization, business,                finances,                transactions or other affairs of the Company, or of any of its                subsidiaries, which may come to the Consultant’s knowledge during the Term                and during the continuance of this Consulting Agreement, and the                Consultant will keep in complete secrecy all confidential information                entrusted to the Consultant and will not use or attempt to use any                such                information in any manner which may injure or cause loss either directly                or indirectly to the Company’s respective businesses. This restriction                will continue to apply after the termination of this Consulting Agreement                without limit in point of time but will cease to apply to information                or                knowledge which may come into the public                domain. |
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| 5. | **Indemnification**.                The Company agrees to indemnify and hold Consultant (the “Indemnified                Person”) harmless from and against losses, claims, damages, liabilities,                costs, or expenses including reasonable attorney’s and accountant’s fees                joint and several arising out of the performance of this Consulting                Agreement, whether or not Consultant is a party to such dispute.                The                Company agrees that it shall also reimburse the Indemnified Person                for any                attorney’s and costs incurred in enforcing this Indemnification against                the Company. |
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| 6. | **No                Indemnification**.                This indemnity shall not apply, however, where a court of competent                jurisdiction has made a final determination that the Consultant engaged                in                gross recklessness and willful misconduct in the performance of its                services hereunder which gave rise to loss, claim, damage, liability,                cost                or exposure sought to be recovered hereunder. (But pending any such                final                determination, the indemnification and reimbursement provision of                this                Consulting Agreement shall apply and the Company shall perform its                obligations hereunder to reimburse Consultant for its attorney’s fees and                expenses). |
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| 7. | **Entire                Agreement**.                This Consulting Agreement sets forth the entire understanding of                the                parties relating to the subject matter hereof, and supersedes and                cancels                any prior communications, understandings, and agreements between                the                parties. This Consulting Agreement cannot be modified or changed,                nor can                any of its provision be waived, except by written agreement signed                by all                parties. |
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| 8. | **No                Assignments**.                Neither party may assign nor delegate any of its rights or obligations                hereunder without first obtaining the written consent of the other                party. |
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| 9. | **Severability**.                In the event that any term, covenant, condition or other provision                contained herein is held to be invalid, void or otherwise unenforceable                by                any court of competent jurisdiction, the invalidity of any such term,                covenant, condition, provision or agreement shall in no way affect                any                other term, covenant, condition or provision or agreement contained                herein, which shall remain in full force and                effect. |
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| 10. | **Governing                Law**.                The situs of this Consulting Agreement is Singapore, and for all                purposes                this Consulting Agreement will be governed exclusively by and construed                and enforced in accordance with the laws and Courts prevailing in                Singapore, without regard to its conflict-of-laws                rules. |
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| 11. | **Counterparts**.                This Consulting Agreement may be executed simultaneously in several                counterparts, each of which shall be deemed an original, but all                of which                together shall constitute one and the same instrument. Facsimile                signatures are acceptable and deemed original                signatures. |
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**SINOBIOMED      INC.**

**/s/      Ban-Jun Yang**

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**The      forgoing is hereby agreed to this 2**
**nd**

**      day of March, 2007 and Michael Tan declares himself bound to the      terms.**

**/s/      Michael Tan**

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