Re: Consulting Agreement with Sinobiomed Inc. (the "Company")

1.

Services . During the Term (as hereinafter defined) of this Consulting Agreement, Michael Tan (the “Consultant”) shall provide to the Company consulting services basically in the area of corporate finance and development strategy designed to assist the Company in its business development.

2.

Term .

(a)

The term of this Consulting Agreement (the “Term) is for a period of five years commencing on March 1, 2007 (the “Effective Date”), subject to termination under paragraph 2(b).

(b)

If the Consultant shall be guilty of any serious misconduct or any serious breach or non-abservance of any of the conditions of this Consulting Agreement or shall neglect or fail or refuse to carry out the duties assigned to it hereunder the Company shall be entitled summarily to terminate the engagement hereunder without notice and without any payment in lieu of notice.

3.

Payment for Services . It is hereby agreed that the Consultant shall provide the consulting services for a monthly fee of US$10,000 (the “Fee”) with such Fee being due and payable by the Company to the Consultant on the first business day of the month in advance. In addition, it is agreed that the Consultant shall be reimbursed for all expenses incurred by the Consultant for the benefit of the Company (collectively, the “Expenses”) and which Expenses shall be payable by the Company within 30 days of delivery by the Consultant of written substantiation on account of each such reimbursable Expense.

4.

Confidentiality by the Consultant . The Consultant will not, except as authorized or required by the Consultant’s duties hereunder, reveal or divulge to any person or companies any information concerning the organization, business, finances, transactions or other affairs of the Company, or of any of its subsidiaries, which may come to the Consultant’s knowledge during the Term and during the continuance of this Consulting Agreement, and the C