Exhibit
14.1




ADVANCED
BIOMEDICAL TECHNOLOGIES INC


CODE
OF ETHICS




TOPICS




1.
            Statement
      of Policy2.
            Implementation
      and Enforcement3.
            Relations
      with Competitors and Other Third Parties4.
            Insider
      Trading, Securities Compliance and Public Statements5.
            Financial
      Reporting6.
            Human
      Resources7.
            Environmental,
      Health and Safety8.
            Conflicts
      of Interest9.
            International
      Trade10.
            Government
      Relations11.
            Contractors,
      Consultants, and Temporary Workers12.
            Conclusion




1.
STATEMENT OF POLICY




The
Company has adopted eight Corporate Values (Focus, Respect, Excellence,
Accountability, Teamwork, Integrity, Very Open Communications and Enjoying Our
Work) to provide a framework for all employees in conducting ourselves in our
jobs. These policies are not intended to substitute for those Values, but will
serve as guidelines in helping you to conduct the Company’s business in
accordance with our Values. Compliance requires meeting the spirit, as well as
the literal meaning, of the law, the policies and the Values. It is expected
that you will use common sense, good judgment, high ethical standards and
integrity in all your business dealings.




If you
encounter a situation you are not able to resolve by reference to these
policies, ask for help. Contact Chi Ming YU, President and Director, who has
been identified as responsible for overseeing compliance with these
policies.




Violations
of the law or the Company’s policies will subject employees to disciplinary
action, up to and including termination of employment. In addition, individuals
involved may subject themselves and the Company to severe penalties including
fines and possible imprisonment. Compliance with the law and high ethical
standards in the conduct of Company business should be a top priority for each
employee, officer and director.




2.
IMPLEMENTATION AND ENFORCEMENT.




Chi Ming
YU, our President and Director, has been appointed as Compliance Officer of the
Company, responsible for overseeing compliance with, and enforcement of, all
Company policies.




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Employees
are expected to be familiar with these policies as they apply to their duties.
They should consult with their managers if they need assistance in understanding
or interpreting these policies. Each employee is required to follow these
policies and to comply with their terms. A refusal by any employee to agree to
be bound by these policies shall be grounds for discipline up to and including
dismissal.




Any
employee who, in good faith, has reason to believe a Company operation or
activity is in violation of the law or of these policies must call the matter to
the attention of Chi Ming YU, our President and Director. All reports will be
reviewed and investigated and as necessary under the circumstances, and the
reporting employee should provide sufficient information to enable a complete
investigation to be undertaken.




Any
employee who makes an allegation in good faith reasonably believing that a
person has violated these policies or the law, will be protected against
retaliation.




3.
RELATIONS WITH COMPETITORS AND OTHER THIRD PARTIES.




The
Company’s policy is to comply fully with competition and antitrust laws
throughout the world. These laws generally prohibit companies from using illegal
means to maintain, obtain or attempt to obtain a monopoly in a market. They also
prohibit companies from engaging in unfair trade practices. “Unfair
tradepractices” include fixing prices, dividing markets, agreeing with
competitors not to compete, or agreeing to boycott certain customers. It is
advised that you consult with Chi Ming YU before attending a meeting with a
party who may be viewed as a competitor.




4.
INSIDER TRADING, SECURITIES COMPLIANCE AND PUBLIC STATEMENTS.




Securities
laws prohibit anyone who is in possession of material, non-public information
(“Insider Information”) about a company from purchasing or selling stock of that
company, or communicating the information to others. Information is considered
“material” if a reasonable investor would consider it to be important in making
a decision to buy or sell that stock. Some examples include financial results
and projections, new products, acquisitions, major new contracts or alliances
prior to the time that they are publicly announced. Employees who become aware
of such Inside Information about the Company must refrain from trading in the
shares of the Company until the Inside Information is publicly
announced.




Employees
must also refrain from disclosing that information to persons who do not have a
Company need to know, whether they are inside the Company or outside, such as
spouses, relatives or friends.




The
Company makes regular formal disclosures of its financial performance and
results of operations to the investment community. We also regularly issue press
releases. Other than those public statements, which go through official Company
channels, employees are prohibited from communicating outside the Company about
the Company’s business, financial performance or future prospects. Such
communications include questions from securities analysts, reporters or other
news media, but also include seemingly innocent discussions with family,
friends, neighbors or acquaintances.




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5. FINANCIAL
REPORTING.




The
Company is required to maintain a variety of records for purposes of reporting
to the government. The Company requires all employees to maintain full
compliance with applicable laws and regulations requiring that its books of
account and records be accurately maintained. Specifics of these requirements
are available from Chi Ming YU.




6.
HUMAN RESOURCES.




The
Company is committed to providing a work environment that is free from unlawful
harassment and discrimination, and respects the dignity of its employees. The
Company has policies covering various aspects of its relationship with its
employees, as well as employees’ relationships with each other. For more
detailed information, you should consult Chi Ming YU. Each employee is expected
to be familiar with these policies and to abide by them.




7.
ENVIRONMENTAL, HEALTH AND SAFETY.




The
Company is committed to protecting the health and safety of our employees, as
well as the environment in general. The Company expects employees to obey all
laws and regulations designed to protect the environment, and the health and
safety of our employees, and to obtain and fully observe all permits necessary
to do business.




At the
very least, all employees should be familiar with and comply with safety
regulations applicable to their work areas. The Company will make, to the extent
possible, reasonable accommodations for the known physical or mental limitations
of our employees. Employees who require an accommodation should contact Chi Ming
YU. The Company will then engage in an interactive process to determine what
reasonable accommodations may exist.




8.
CONFLICTS OF INTEREST.




Each
employee is expected to avoid any activity, investment or association that
interferes with the independent exercise of his or her judgment in the Company’s
best interests (“Conflicts of Interest”). Conflicts of Interest can arise in
many situations. They occur most often in cases where the employee or the
employee’s family obtains some personal benefit at the expense of the Company’s
best interests.




No
employee, or any member of employee’s immediate family, shall accept money,
gifts of other than nominal value, unusual entertainment, loans, or any other
preferential treatment from any customer or supplier of the Company where any
obligation may be incurred or implied on the giver or the receiver or where the
intent is to prejudice the recipient in favor of the provider. Likewise, no
employee shall give money, gifts of other than nominal value, unusual
entertainment or preferential treatment to any customer or supplier of the
Company, or any employee or family members thereof, where any obligation might
be incurred or implied, or where the intent is to prejudice the recipient in
favor of the Company. No such persons shall solicit or accept kickbacks, whether
in the form of money, goods, services or otherwise, as a means of influencing or
rewarding any decision or action taken by a foreign or domestic vendor,
customer, business partner, government employee or other person whose position
may affect the Company’s business.




3


No
employee shall use Company property, services, equipment or business for
personal gain or benefit.




Employees
may not: (1) act on behalf of, or own a substantial interest in, any company or
firm that does business, or competes, with the Company; (2) conduct business on
behalf of the Company with any company or firm in which the employee or a family
member has a substantial interest or affiliation. Exceptions require advance
written approval from the Legal Department.




Employees
should not create the appearance that they are personally benefiting in any
outside endeavor as a result of their employment by the Company, or that the
Company is benefiting by reason of their outside interests. Any employee who is
not sure whether a proposed action would present a conflict of interest or
appear unethical should consult with Chi Ming YU.




9.
INTERNATIONAL TRADE.




The
Company must comply with a variety of laws around the world regarding its
activities. In some cases, the law prohibits the disclosure of information,
whether the disclosure occurs within the U.S. or elsewhere, and whether or not
the disclosure is in writing.




Payments
or gifts to non-U.S. government officials are prohibited by law and by Company
policy. The Foreign Corrupt Practices Act precludes payments to non-U.S.
government officials for the purpose of obtaining or retaining business, even if
the payment is customary in that country. This law applies anywhere in the world
to U.S. citizens, nationals, residents, businesses or employees of U.S.
businesses. Because Advanced BioMedical Technologies Inc. is a U.S. company,
this law applies to the Company and all of its subsidiaries. Any questions on
this policy should be directed to Chi Ming YU.




10.
GOVERNMENT RELATIONS.




The
Company is prohibited by law from making any contributions or expenditures in
connection with any U.S. national election. This includes virtually any activity
that furnishes something of value to an election campaign for a federal office.
Use of the Company’s name in supporting any political position or ballot
measure, or in seeking the assistance of any elected representative, requires
the specific approval of the Chairman and Chief Executive Officer of the
Company. Political contributions or expenditures are not to be made out of
Company funds in any foreign country, even if permitted by local law, without
the consent of the Company’s Chairman and Chief Executive Officer.




U.S. law
also prohibits giving, offering, or promising anything of value to any public
official in the U.S. or any foreign country to influence any official act, or to
cause an official to commit or omit any act in violation of his or her lawful
duty. Company employees are expected to comply with these laws.




11.
VENDORS, CONTRACTORS, CONSULTANTS AND TEMPORARY WORKERS.




Vendors,
contractors, consultants or temporary workers who are acting on the Company’s
behalf, or on Company property, are expected to follow the law, Company policies
and honor Company Values. Violations will subject the person or firm to
sanctions up to and including loss of the contract, contracting or consulting
agreement, or discharge from temporary assignment.




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12.
CONCLUSION.




This Code
of Ethics is not intended to cover every possible situation in which you may
find yourself. It is meant to give you the boundaries within which the Company
expects you to conduct yourself while representing Advanced BioMedical
Technologies Inc. You may find yourself in a situation where there is no clear
guidance given by this Code of Ethics. If that occurs, return to the foundations
stated earlier: common sense, good judgment, high ethical standards and
integrity. And refer to the Company’s Values. In addition, there are many
resources upon which you may rely: your management chain, Human Resources, Legal
or other Advanced BioMedical Technologies Inc. departments, and the
CEO.




Employee




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ADVANCED
BIOMEDICAL TECHNOLOGIES INC.


VALUES




FOCUS We exist only because we are involved in medical device research
and manufacturing.




RESPECT
We value all people, treating them with dignity at all times.




EXCELLENCE
We strive for “Best in Class” in everything we do.




ACCOUNTABILITY We do what we say we will do and expect the same from
others.




TEAMWORK We believe that cooperative action produces superior
results.




INTEGRITY
We are honest with ourselves, each other, our customers, our partners and our
shareholders.




VERY
OPEN COMMUNICATION We share information, ask for feedback, acknowledge
good work, and encourage diverse ideas.




ENJOYING
OUR WORK We work hard, are rewarded for it, and maintain a good sense of
perspective, humor and enthusiasm.




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Reportable Violations -
Anonymous Reporting Program




Accounting
Error


Accounting
Omissions


Accounting
Misrepresentations


Auditing
Matters


Compliance/Regulation
Violations


Corporate
Scandal


Domestic
Violence


Discrimination


Embezzlement


Environmental
Damage


Ethics
Violation


Fraud


Harassment


Industrial
Accidents


Misconduct


Mistreatment


Poor
Customer Service


Poor
Housekeeping


Sabotage


Securities
Violation


Sexual
Harassment


Substance
Abuse


Theft


Threat of
Violence


Unfair
Labor Practice


Unsafe
Working Conditions


Vandalism


Waste


Waste of
Time and Resources


Workplace
Violence




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