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EXHIBIT 10.6
China Pharmaceutical
University
and
China Biopharmaceuticals
Holdings Inc.
---------------------
Cooperation
Agreement
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Date
August 26, 2004
Cooperation Agreement
<PAGE>
This agreement
was entered into by the
following parties in Nanjing city,
Jiangsu
province, in August 26th, 2004:
(1) China
Pharmaceutical University "Party A" or "University" a university
belonging
to the Ministry
of Education of
China. Address: No. 24
Tongjiaxiang; Nanjing
City; the People's
Republic of China ("PRC" or
"China").
(2) China
Biopharmaceuticals Holdings Inc.
"Party B" a Delaware
Corporation.
Address: 44 West 24th Street, New York,
NY10010, U.S.A.
Whereas
1. According to the Company Law of PRC, Contract Law of PRC and other related
current laws and legislations of PRC, Party A and Party B
decided to build
up joint new drug research and development
laboratory (the "Lab").
2. Party B decided to
inject 300,000 RMB to Party
A's new drug screening
center in order to build up the Lab.
3. Party A becomes a shareholder of Party B.
Party A and Party B are hereby agree as
follows:
1. Assurances and Promises:
1.1
