Exhibit 4.44


 





 





6 January, 2020


 


CGY Investments Limited


Unit A, 3/F, Cheong Sun Tower


116-118 Wing Lok Street


Sheung Wan


Hong Kong


 


Consultancy Agreement


 


We are pleased and welcome the acceptance of
CGY Investments Limited (the “Consultant”), with its business address at Unit A, 3/F, Cheong Sun Tower, 116-118
Wing Lok Street, Sheung Wan, Hong Kong to enter into this Consultancy Agreement (the “Agreement”) with Aptorum
Group Limited (the “Group”), a company incorporated with limited liabilities under the laws of Cayman Islands,
with its business address at 17/F Guangdong Investment Tower, 148 Connaught Road Central, Hong Kong.


 


The following seeks to illustrate the context
of the Agreement and the services to be rendered by the Consultant for the Group, and the terms and conditions as set out herewith.


 


		1.	The Group 



 


Aptorum Group Limited and its affiliates
focus on the licensing of, and acquisition of early stage preclinical assets with the intention to engage in drug research, development,
and commercialization purposes. Assets are acquired via open and public platforms such as the technology transfer offices of accredited
universities and academic institutions.


 


		2.	Scope of Services



 


		(a)	The Consultant agrees to enter into this Agreement to provide certain consultancy, advisory, and
management services to the Group on potential investment projects related to health care or R&D platforms. (the “Projects”)



 


		(b)	The Consultant agrees to render consulting services to the Group for the continuance of this Agreement,
devoting its best endeavours to promote the business interests of the Group by advising the Group with respect to professional
advisory for the Projects.



 


		(c)	The Consultant shall utilize due diligence and the highest professional standards of practice in
performing its services under this Agreement, and shall comply with all applicable laws and regulations.



 


		3.	Date of Commencement



 


The Consultant shall commence its
services to the Group on 10 January, 2020 (the “Effective Date”).


 


17/F Guangdong Investment Tower, 148 Connaught
Road Central, Hong Kong 香港干諾道中148號粵海投資大廈17樓


T: (852) 2117 6611 ● F: (852) 2850 7286
● www.aptorumgroup.com



 






     


     


    

 





 


		4.	Service Fees and Expenses



 


		(a)	Service Fees shall be provided to the Consultant with the expectation that its representative(s)
devotes a suitable amount of time to adequately fulfill duties outlined in the Scope of Services for the Group; such duties may
include, but not limited to, the overall steering in regulatory matters, the attendance of meetings, reviewing documentation associated
to the Group’s Projects or related activities where necessary.



 


		(b)	Such Service Fees shall be HKD104,000
per month, and shall be duly paid monthly to the Consultant subsequent to aforementioned Effective Date, and subject to the ongoing
effect of the Agreement as pursuant to Section 7. Term and Termination.




 


		5.	Expense Reimbursements



 


The
Consultant is entitled to apply for reimbursement to expense outlays from time to time, deriving from expenses such as traveling
and transportation costs, accommodation cost, and other expenses where reasonably incurred in relation to its representative(s)
rendering said services for the Group and its affiliates in accordance to duties and tasks described in Section 2.
Scope of Services.


 


		6.	Privacy of Information



 


		(a)	The Consultant and its representative(s) shall not except as authorized by the Group or its affiliates,
or required by your responsibilities reveal to any person or company any of the trade secrets or any information concerning the
organization, business, finances, transactions or affairs of the Group which may come to the knowledge during the contract with
the Group and shall keep with complete secrecy confidential information entrusted to the Consultant or its representative(s) and
shall not use or attempt to use any such information in any manner which may injure or cause loss either directly or indirectly
to the Group or may be likely to do so. This restriction shall continue to apply if and when after the termination of this appointment
without limit in time.



 


		(b)	The Consultant and its representative(s) shall not either during the period of this appointment
or afterwards use or permit to be used any books, documents, moneys, assets, records or other property belonging to or relating
to any dealings, affair or business of the Group other than for the benefit of the Group. The Consultant shall immediately deliver
and return to the Group all such books, documents, monies, securities, records or other property which the Consultant then have
or should have in its possession upon termination of this appointment hereunder.



 


		(c)	The Group, however, agrees to provide the Consultant in good faith with any information concerning
areas of interest and relevance of the Group as required by the Consultant in order to fulfill the Scope of Services for the Group.



 


17/F Guangdong Investment Tower, 148 Connaught
Road Central, Hong Kong 香港干諾道中148號粵海投資大廈17樓


T: (852) 2117 6611 ● F: (852) 2850 7286
● www.aptorumgroup.com



 






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		7.	Term and Termination



 


The term of this Agreement (the
“Term”) shall remain in effect, unless it is terminated prior to expiration subsequent to the following circumstances:


 


		(a)	By the Consultant, after giving the Group not less than one (1) month’s notice in writing;
or



 


		(b)	By the Group, after giving the Consultant one (1) month’s notice in writing; or



 


		(c)	By the Group without notice or compensation in the event of any dishonesty, fraud, gross negligence,
willful default or refusal to carry out any lawful order or instructions, or the repeated breach of any rules or regulations of
the Group, or those as governed by the laws of your residency or incorporation by the Consultant or its representative(s).



 


Renewal of this Agreement shall
be subject to the mutual agreement between the Group and the Consultant as defined in writing.


 


Please signify your acceptance of the above
terms and conditions by signing and returning to us the enclosed duplicate copy of this Agreement.


 


	Yours faithfully,	 	 
	 	 	 
	For and on behalf of	 	Agreed on behalf of 
	APTORUM GROUP LIMITED	 	CGY INVESTMENTS LIMITED
	 	 	 
	 	 	 
	Name: 	HUEN Chung Yuen Ian	 	Name: 	LUI, Man Lok Mandy
	Position: 	Executive Director	 	Position: 	Director
	Date:	 	Date:


 


17/F Guangdong Investment Tower, 148 Connaught
Road Central, Hong Kong 香港干諾道中148號粵海投資大廈17樓


T: (852) 2117 6611 ● F: (852) 2850 7286
● www.aptorumgroup.com


 


 


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