Filed by sedaredgar.com - Acrongenomics Inc - Exhibit 10.4






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







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








	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.





	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