Document:

EXHIBIT 10.26

To: Mr. LAWRENCE ARTZ

From: Ms. Lian Ciging, Chairwoman of Board,
      Shantou Hongyuan Economic Industry & Trade Co., LTD

                      TURNKEY HOSPITAL PURCHASE AGREEMENT

1. SELLER

NEUROTECH  DEVELOPMENT CORPORATION, LOCATED AT 45 ORCHARD STREET, MANHASSET,
NEW YORK, 11030, USA. A REGISTERED DELAWARE CORPORATION HEREBY REFERRED TO AS
THE SELLER.

2. PURCHASOR

THE CHAOSHAN HOSPITAL, HONGYUAN ECONOMIC INDUSTRY TRADE CO. LTD., HEREINAFTER
REFERRED TO AS THE PURCHASOR. THAT THE PURCHASOR WILL BE THE OPERATOR OF THE
HOSPITAL. THE PURCHASOR IS ENTERING INTO THIS AGREEMENT WITH FULL CORPORATE
INTENT AND LEGAL RESPONSIBILITY IN ACCORDANCE WITH THE GOVERNING LAWS OF THE
PEOPLES REPUBLIC OF CHINA.

3. QUALITY STANDARDS

THE PURCHASOR WILL MAINTAIN THE QUALITY STANDARDS SET FORTH BY THE SELLER IN THE
TRAINING PROGRAM OF THE HOSPITALS NAMED IN THIS AGREEMENT.

4. DESCRIPTION OF HOSPITALS

THIS HOSPITAL WILL BE A COMPLETE TURNKEY TERTIARY CARE FACILITY WITH TRAUMA
CENTER AND WILL BE ERECTED IN 4 PHASES.

SIZE HOSPITAL 2000,000 SQ. FT. SET UP WITH MAX OCCUPANCY OF 500 BEDS

HOSPITALS SHALL CONSIST OF: PREFABRICATED CONCRETE BUILDINGS
                            ALL DIAGNOSTIC AND LABORATORY EQUIPMENT (PER BOOK)
                            OPERATING ROOM EQUIPMENT
                            EMERGENCY ROOM EQUIPMENT
                            PHARMACY EQUIPMENT
                            ALL PHARMACEUTICALS
                            ALL MEDICAL DISPOSABLES
                            COMPUTERIZED BILLING AND ACCOUNTING SYSTEMS
                            MEDICAL RECORDS SYSTEMS
                            RADIOLOGY ALL DISCIPLINES
                            LABORATORY FACILITIES
                            CARDIOLOGY
                            ONCOLOGY
                            NEUROLOGY
                            ICU
                            BURN UNIT
                            MICROSURGERY
                            OB/GYN

<PAGE>

                          PEDIATRICS
                          ORTHOPEDIC
                          UROLOGY
                          RESEARCH CENTRE
CONSTRUCTION STANDARD:    USA
PHARMACEUTICAL STANDARD:  USA
EQUIPMENT STANDARD:       USA
HEALTH PRACTICE CODE:     USA

5. SERVICES PROVIDED BY SELLER

   ANCILLARY SERVICES:  STAFF TRAINING IN USA

MEDICAL STAFF:  FULL MEDICAL STAFF
                LABORATORY STAFF
                ADMINISTRATIVE STAFF

SUPPORT SERVICES ONLY:  MAINTENANCE SUPERVISOR
                        HOUSEKEEPING
                        DIETARY SUPERVISORS

6. DEPOSIT

   NORMAL DEPOSIT REQUIREMENTS ARE HEREBY WAIVED.

7. NON EXCLUSIVITY

   THE HOSPITALS ARE SOLD ON A NON EXCLUSIVE BASIS. THE NAMES "GLOBAL HEALTH"
   AND "NEUROTECH CORPORATION" CANNOT BE USED IN THE OPERATING NAME OF THE
   HOSPITAL.

8. CONTRACTUAL ORDER OF PROCEDURES

   UPON EXECUTION OF THIS CONTRACT AND RECEIPT OF DEPOSIT, GLOBAL HEALTH
   TECHNICAL TEAM WILL ARRIVE AT SITE, BEGIN PUBLIC HEALTH STUDY, OPERATING
   STUDY, AND PREPARE FINAL REPORT AND FINAL BUDGETARY PROPOSAL.

   THIS REPORT SHALL CONSIST OF RECOMMENDED FINAL CONFIGURATION AND DRAWINGS FOR
   THE HOSPITAL, DEPENDENT ON POPULATION, SERVICE AREA, PUBLIC HEALTH ETC.

   TECHNICAL STAFF ADMINISTRATOR WILL REMAIN AND BEGIN INTERVIEWS AND SELECTION
   OF HOSPITAL STAFF WITH PURCHASOR.

9. APPROVALS REQUIRED

   PURCHASOR WILL SUBMIT FINAL PLANS TO THE CHAOYANG MUNICIPAL GOVERNMENT FOR
   APPROVAL.

<PAGE>

10. PAYMENT

    UPON PURCHASORS ACCEPTANCE OF FINAL REPORT AND MODEL, PURCHASOR BANK WILL
    OPEN BANK GUARANTY WITH THE BANK OF CHINA FOR CONSTRUCTION OF THE PROPOSED
    HOSPITAL(S).

11. DELIVERY TIME

    THERE IS 1 HOSPITAL IN THIS CONTRACT. THE HOSPITAL WILL BE COMPLETED IN 4
    PHASES AND PHASE I OPENED 15 MONTHS FROM THE COMMENCEMENT DATE, PHASE II,
    OPENED 30 MONTHS FROM THE COMMENCEMENT DATE, PHASE III OPENED 42 MONTHS OF
    THE COMMENCEMENT DATE, AND PHASE IV OPENED 48 MONTHS FROM THE COMMENCEMENT
    DATE. COMPLETION TIMES MAY BE EFFECTED BY DRAFTING MODIFICATIONS AND
    GOVERNMENTAL APPROVALS.

12. TRAINING

    STAFF TRAINING SHALL COMMENCE AT THE BEGINNING OF THE MANUFACTURING PROCESS.

    AIR TRANSPORTATION, EMPLOYEE SALARIES, MEALS, ARE THE RESPONSIBILITY OF THE
    PURCHASOR.

    TRAINING SHALL TAKE PLACE AT THE UNIVERSITY OF TEXAS, AT GALVESTON OR ANY
    OTHER NEUROTECH AFFILIATED SCHOOL.

    THERE WILL BE 4 CLASSES EACH TIMED FOR THE DELIVERY OF THE HOSPITAL PHASE
    FOR THAT PERIOD.

13. ADMINISTRATOR

    AN AMERICAN ADMINISTRATOR WILL REMAIN FOR THE FIRST 6 MONTHS OF OPERATION AT
    THE EXPENSE OF THE SELLER.

14. FINANCING

    FINANCING IS PROVIDED BY THIRD PARTY PROVIDERS, SUCH AS BANKS, INSURANCE
    COMPANIES, MORTGAGE COMPANIES, EQUITY INVESTORS AS WELL AS THE EQUITY FUNDS
    OF THE PURCHASOR.

15. PURCHASOR PROVIDES

    LAND
    ROAD
    ELECTRICITY
    FRESH WATER
    SEWAGE
<PAGE>

CONTRACT 1. PURCHASOR WILL PLACE HOSPITALS (MINIMUM 1 HECTARE/SITE)

16. PRICING

THIS HOSPITAL IS PRICED AT $85,000,000 USD INCLUSIVE OF DELIVERY AND
INSTALLATION AND TRAINING COSTS.

PRICING MAY VARY IN ACCORDANCE WITH FINAL SPECIFICATIONS AND RECOMMENDATIONS OF
TECHNICAL COMMITTEE AND/OR PURCHASOR.

17. ENDORSEMENTS

THIS HOSPITAL PROJECT HAS BEEN SUBMITTED TO THE WORLD COUNCIL OF PEOPLES FOR THE
UNITED NATIONS FOR ENDORSEMENT AS A HUMANITARIAN PROJECT, AND AS SUCH MAY USE
THIS ENDORSEMENT WHEN SEEKING FINANCING, AND GOVERNMENTAL APPROVAL. THE WORLD
COUNCIL MAINTAINS AN OFFICE IN BEIJING WHOSE ADDRESS APPEARS BELOW;
                             WORLD COUNCIL OF PEOPLES FOR THE UNITED NATIONS
                             INTERNATIONAL HOTEL OFFICE TOWER
                             SUITE 4022
                             JIAN GUO MEN WEI
                             BEIJING, CHINA 100005

18. GOVERNING LAW

THIS CONTRACT SHALL BE DEEMED VALID AND SUBJECT TO THE LAWS OF PEOPLES REPUBLIC
OF CHINA.

19. LOCATIONS

THE HOSPITALS SHALL BE ERECTED IN THE AREA APPROVED BY THE MUNICIPALITY OF
CHAOYANG. MODIFICATIONS IN DESIGN REQUIRED BY GEOGRAPHICAL LOCATION, WILL BE THE
RESPONSIBILITY OF THE PURCHASOR.

SUCH SPECIAL CONDITIONS INCLUDE CONSTANT POWER GENERATION, MEDICAL WASTE
DISPOSAL UNIT, FLOOD PLAN, EARTHQUAKE ETC.

A SEPARATE PUBLIC HEALTH ANALYSIS WILL BE DONE FOR THE AREA.

20. RECOGNIZED AGENTS

THE FOLLOWING AGENTS ARE RECOGNIZED AS AGENTS FOR THE SELLER

  GRACE FAME INDUSTRIAL LTD.
  6014 HILDER CENTER
  2 SUNG PING ST.
  HUNGHOM, KOWLOON, HONG KONG

  SOPHIA YAO, PRESIDENT<PAGE>

                                                                   EXHIBIT 10.27

                      TURNKEY HOSPITAL PURCHASE AGREEMENT

1.  SELLER

NEUROTECH DEVELOPMENT CORPORATION, LOCATED AT 45 ORCHARD STREET, MANHASSET, NEW
YORK  11030 USA, A REGISTERED DELAWARE CORPORATION HEREBY REFERRED TO AS THE
SELLER.

2.  PURCHASOR

THE XIAN MUNICIPAL GOVERNMENT HEREINAFTER REFERRED TO AS THE PURCHASOR THAT THE
PURCHASOR WILL BE THE OPERATOR OF THE HOSPITAL(S), SENIOR HOUSING CENTERS,
ASSISTED LIVING FACILITY, RECREATION CENTER, EDUCATION CENTER. THE PURCHASOR IS
ENTERING INTO THIS AGREEMENT WITH FULL CORPORATE INTENT AND LEGAL RESPONSIBILITY
IN ACCORDANCE WITH THE GOVERNING LAWS OF THE PEOPLES REPUBLIC OF CHINA.

3.  QUALITY STANDARDS

THE PURCHASOR WILL MAINTAIN THE QUALITY STANDARDS SET FORTH BY THE SELLER IN THE
TRAINING PROGRAM OF THE HOSPITAL NAMED IN THIS AGREEMENT. THE SELLER AND THE
PURCHASOR WILL JOINTLY CREATE NEW STANDARDS FOR THE LEVEL OF SENIOR CITIZEN CARE
WHICH ADDRESSES THE HEALTH, NUTRITION, AND CULTURAL NEEDS OF THE POPULATION.

4.  DESCRIPTION OF HOSPITAL AND LIVING FACILITIES

"GLOBAL HEALTH ENTERPRISES TURN KEY HOSPITALS" AS PRESENTED IN PUBLICATION
TITLED "GLOBAL HEALTH ENTERPRISES TURNKEY HOSPITALS".

SIZE HOSPITAL 14,000 SQ FT. SET UP WITH MAX OCCUPANCY OF 80 BEDS MIN OCCUPANCY
60 BEDS. # BEDS WILL VARY IN ACCORDANCE WITH LOCAL AREA REQUIREMENTS FOR
OUTPATIENT SERVICES.

HOSPITALS SHALL CONSIST OF      PREFABRICATED STEEL BUILDINGS
                                ALL DIAGNOSTIC AND LABORATORY EQUIPMENT (PER
                                BOOK)
                                OPERATING ROOM EQUIPMENT
                                EMERGENCY ROOM EQUIPMENT
                                PHARMACY EQUIPMENT
                                ALL PHARMACEUTICALS
                                ALL MEDICAL DISPOSABLES
                                COMPUTERIZED BILLING AND ACCOUNTING SYSTEMS
                                MEDICAL RECORDS SYSTEMS

CONSTRUCTION STANDARD           USA
PHARMACEUTICAL STANDARD         USA
EQUIPMENT STANDARD              USA
HEALTH PRACTICE CODE            USA
<PAGE>

ASSISTED LIVING FACILITIES

THIS BUILDING WILL BE 10,000 SQ METERS, AND WILL PROVIDE GENERAL PREPARATORY
SERVICES FOR AMBULATORY PATIENTS. EACH ROOM WILL BE EQUIPPED WITH BED, BATH, TV,
HEATING AND AIRCON, REFRIGERATOR, SERVICE KITCHEN, AND FULL HANDICAPPED ACCESS
AND AMENITIES. THIS BUILDING WILL BE CONSTRUCTED IN ACCORDANCE WITH THE
STANDARDS OF THE PEOPLE'S REPUBLIC OF CHINA.

SKILLED NURSING FACILITIES

THIS BUILDING WILL BE 10,000 SQ METERS AND WILL PROVIDE SERVICES FOR PATIENTS
WHO ARE NOT SELF SUFFICIENT AND REQUIRE 24 HOURS CARE AND ASSISTANCE. THE
FACILITY WILL CONTAIN FULL DIETARY DEPARTMENT INCLUSIVE OF KITCHEN, DINING ROOM,
AND RECREATION AREAS WHICH INCLUDE AUDITORIUM, GAME ROOM AND CRAFTS AREAS, AS
WELL AS PHYSICAL THERAPY, SHOWERS AND BATH.

SENIOR HOUSING

THIS BUILDING SHALL BE 10,000 SQ METERS, AND SHALL CONTAIN 200 SERVICE
APARTMENTS FOR SENIOR CITIZENS WHO ARE INDEPENDENT AND IN GOOD HEALTH WHO NEED
NO ASSISTANCE EXCEPT FOR THE PROVISION OF HEALTHCARE, NUTRITION, AND RECREATION.

DORMATORIES

A DORMITORY IS TO BE CONSTRUCTED FOR WORKING STAFF. THE PRELIMINARY SIZE IS
ESTIMATED AT 10,000 SQ METERS.

5.  SERVICES PROVIDED BY SELLER

ANCILLIARY SERVICES     STAFF TRAINING IN USA

MEDICAL STAFF           FULL MEDICAL STAFF
                        LABORATORY STAFF
                        ADMINISTRATIVE STAFF

SUPPORT SERVICES ONLY   MAINTENANCE SUPERVISOR
                        HOUSEKEEPING
                        DIETARY SUPERVISORS

6.  DEPOSIT

NORMAL DEPOSIT REQUIREMENTS ARE HEREBY WAIVED

7.  NON EXCLUSIVITY

THE HOSPITALS ARE SOLD ON A NON EXCLUSIVE BASIS. THE NAMES "GLOBAL HEALTH" AND
"NEUROTECH CORPORATION" CANNOT BE USED IN THE OPERATING NAME OF THE HOSPITAL.
<PAGE>

8.  CONTRACTUAL ORDER OF PROCEDURES

UPON EXECUTION OF THIS CONTRACT AND INITIAL PAYMENT, NEUROTECH TECHNICAL TEAM
WILL ARRIVE AT SITE, BEGIN PUBLIC HEALTH STUDY, OPERATING STUDY, AND PREPARE
FINAL REPORT AND FINAL BUDGETARY PROPOSAL.

SUCH STUDIES WILL INCLUDE CONFIGURATION OF SENIOR HOUSING, ASSISTED LIVING
FACILITIES SKILLED NURSING FACILITY, AND ACUTE CARE HOSPITAL AS WELL AS
RECREATION AND EDUCATION FACILITIES.

TECHNICAL STAFF ADMINISTRATOR WILL REMAIN AND BEGIN INTERVIEWS AND SELECTION OF
HOSPITAL STAFF WITH PURCHASOR.

9.  APPROVALS REQUIRED

SELLER WILL PROVIDE PURCHASOR WITH FINAL REPORT, BUDGETARY SCHEME, AND PHYSICAL
MODEL FOR FINAL APPROVAL.

OPERATING LICENSES AND PERMITS ARE THE RESPONSIBILITY OF THE PURCHASOR.

10.  PAYMENT

UPON PURCHASORS ACCEPTANCE OF FINAL REPORT AND MODEL, PURCHASORS BANK WILL
OPEN BANK GUARANTY WITH THE BANK OF CHINA FOR CONSTRUCTION OF THE PROPOSED
HOSPITALS, SENIOR HOUSING, DORMITORY, ASSISTED LIVING CENTER.

11.  DELIVERY TIME

THERE IS 1 HOSPITAL IN THIS CONTRACT PLUS 1 ASSISTED LIVING FACILITY, PLUS ONE
SKILLED NURSING FACILITY, PLUS ONE DORMITORY, PLUS ONE SENIOR HOUSING UNIT ALL
OF WHICH WILL BE COMPLETED WITHIN 48 MONTHS FROM THE RECEIPT OF THE INITIAL
PAYMENT.

12.  TRAINING

STAFF TRAINING SHALL COMMENCE AT THE BEGINNING OF THE MANUFACTURING PROCESS

AIR TRANSPORTATION, EMPLOYEE SALARIES, MEALS, ARE THE RESPONSIBILITY OF THE
PURCHASOR

TRAINING SHALL TAKE PLACE AT THE UNIVERSITY OF TEXAS, AT GALVESTON, OR ANY OTHER
NEUROTECH AFFILIATED SCHOOL.

THERE WILL BE 3 CLASSES, EACH TIMED FOR THE DELIVERY OF THE RESPECTIVE BUILDING
OR MEDICAL FACILITY.
<PAGE>

13.  ADMINISTRATOR

AN AMERICAN ADMINISTRATOR WILL REMAIN FOR THE FIRST 6 MONTHS OF OPERATION AT
THE EXPENSE OF THE SELLER.

14.  FINANCING

FINANCING IS PROVIDED TO THE MUNICIPALITY THROUGH THIRD PARTY PROVIDERS, SUCH AS
BANKS, INSURANCE COMPANIES, MORTGAGE COMPANIES EQUITY INVESTORS IN ADDITION TO
THE USAGE OF THE CAPITAL ALLOCATION OF THIS PROJECT IN THE MUNICIPAL BUDGET.

15.  PURCHASOR PROVIDES

        LAND
        ROAD
        ELECTRICITY
        FRESH WATER
        SEWAGE

CONTRACT 1 PURCHASOR WILL PLACE HOSPITALS (MINIMUM 1 HECTARE/SITE).

16.  PRICING

EACH HOSPITAL IS PRICED AT $15,000,000 USD INCLUSIVE OF DELIVERY AND
INSTALLATION AND TRAINING COSTS
PRICING MAY VARY IN ACCORDANCE WITH FINAL SPECIFICATIONS AND RECOMMENDATIONS OF
TECHNICAL COMMITTEE AND/OR PURCHASOR.

ASSISTED LIVING FACILITY IS PRICED AT $7,500,000 USD

SKILLED NURSING FACILITY IS PRICED AT $10,000,000 USD

SENIOR HOUSING FACILITY IS PRICED AT $6,000,000 USD

DORMITORY IS PRICED AT $5,000,000 USD

ANCILLARY SERVICES INCLUDING EDUCATION AND RECREATION CENTRE PRICED AT
$3,000,000

TOTAL PROJECTED COST            $43,500,000 USD         (348,000,000 RMB)

17.  ENDORSEMENTS

THIS HOSPITAL PROJECT HAS BEEN SUBMITTED TO THE WORLD COUNCIL OF PEOPLES FOR THE
UNITED NATIONS FOR ENDORSEMENT AS A HUMANITARIAN PROJECT AND AS SUCH MAY USE
THIS ENDORSEMENT WHEN SEEKING FINANCING AND GOVERNMENTAL APPROVAL.

<PAGE>

WORLD COUNCIL OF PEOPLES FOR THE UNITED NATIONS MAINTAINS AN OFFICE IN BEIJING
WHOSE ADDRESS APPEARS BELOW.

                WORLD COUNCIL OF PEOPLES FOR THE UNITED NATIONS
                INTERNATIONAL HOTEL OFFICE TOWER SUITE 4022
                JIAN GUO MEN WEI
                BEIJING, CHINA 100005

18. GOVERNING LAW

THIS CONTRACT SHALL BE DEEMED VALID AND SUBJECT TO THE LAWS OF PEOPLES REPUBLIC
OF CHINA.

19.  LOCATIONS

THE HOSPITALS SHALL BE LOCATED IN THE AREAS AS DIRECTED BY THE MUNICIPALITY OF
XIAN. MODIFICATIONS IN DESIGN REQUIRED BY GEOGRAPHICAL LOCATION WILL BE THE
RESPONSIBILITY OF THE PURCHASOR.

SUCH SPECIAL CONDITIONS INCLUDE CONSTANT POWER GENERATION, MEDICAL WASTE
DISPOSAL UNIT, FLOOD PLANE, EARTHQUAKE ETC.

A SEPARATE PUBLIC HEALTH ANALYSIS WILL BE DONE FOR EACH AREA

20.  RECOGNIZED AGENTS

THE FOLLOWING AGENTS ARE RECOGNIZED AS AGENTS FOR THE SELLER.

        GRACE FAME INDUSTRIAL LTD
        601-4 HILDER CENTER
        2 SUNG PING ST.
<PAGE>

SO WE HEREBY COMPLETE THIS AGREEMENT AND SET FORTH OUR SIGNATURES ON THIS
DATE

AGREED  /s/
THIS ____________________________

        /s/ LAWRENCE M. ARTZ
SELLER __________________________                 DATE  11-19-99
        NEUROTECH DEVELOPMENT CORPORATION
        LAWRENCE M. ARTZ MANAGING DIRECTOR

           /s/
PURCHASOR __________________________              DATE  11-1-99
          XIAN MUNICIPAL GOVERNMENT

       /s/
AGENT __________________________                  DATE  11-18-99
       GRACE FAME INDUSTRIAL LTD

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