AMENDMENT
AGREEMENT

     

    BETWEEN:

     

    SINOBIOMED
INC.

     

    and

     

    ACCELERA
EVOLUTION LIMITED

     

    WHEREAS
Accelera Evolution Limited and Sinobiomed Inc. are parties to convertible
debentures in the amount of US$100,000 issued by Sinobiomed Inc. to Accelera
Evolution on July 30, 2008 and in the amount of $250,000 on November 11, 2008,
which was transferred to Accelera Evolution from Accelera Ventures Ltd. on
February 1, 2010 (the “Accelera Evolution Debentures”);

     

    AND
WHEREAS the Accelera Evolution Debentures provided for a conversion price (the
“Conversion Price”) of $0.30 per Debenture Share;

     

    AND
WHEREAS the parties hereby desire to amend the Conversion Price from $0.30 per
Debenture Share to $0.003 per Debenture Share for the convertible debenture
issued on July 30, 2008 and from $0.30 per Debenture Share to $0.005 per
Debenture Share for the convertible debenture issued on November 11, 2008 in
order to encourage the conversion of the Convertible Debentures including any
accrued and unpaid interest under the Convertible Debentures.

     

    NOW
THEREFORE for good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the parties hereto covenant and agree as
follows:

     

    1.    The
Conversion Price in the convertible debenture issued on July 30, 2008 in the
amount of $100,000 including any accrued and unpaid interest thereon is amended
from $0.30 per Debenture Share to $0.003 per Debenture Share.

     

    2.    The
Conversion Price in the convertible debenture issued on November 11, 2008 in the
amount of $250,000 including any accrued and unpaid interest thereon is amended
from $0.30 per Debenture Share to $0.005 per Debenture Share.

     

    3.    All other
terms and conditions of the Convertible Debentures shall remain in full force
and effect.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    4.    This
Agreement may be executed in original or counterpart form, delivered by
facsimile or otherwise, and when executed by the parties as aforesaid, shall be
deemed to constitute one agreement and shall take effect as such.

     

    DATED
with effect this 20th day of
April, 2010.

     

    
      	
              SINOBIOMED
      INC.

            	
              )

            
	 
      	
              )

            
	 
      	
              )

            
	 
      	
              )

            
	
              Per: /s/ Chris
      Metcalf

            	
              )

            
	
              Authorized
      Signatory

            	
              )

            
	 
      	
              )

            
	
              Director

            	
              )

            
	
              (print name and
      title)

            	 
      
	 
      	 
      
	 
      	 
      
	
              ACCELERA EVOLUTION
      LIMITED

            	
              )

            
	 
      	
              )

            
	 
      	
              )

            
	 
      	
              )

            
	
              Per: /s/ Dennis Kam Thai
      Leong

            	
              )

            
	
              Authorized
      Signatory

            	
              )

            
	 
      	
              )

            
	
              Dennis Kam Thai Leong,
      Director

            	
              )

            
	
              (print name and
      title)