Memorandum
Memorandum
Party
A:
Hongyuan Pharmaceutical Technology Consulting Service Center of Yuexiu District
of Guangzhou
Party
B:
Guangzhou Konzern Pharmaceutical Co., LTD
In
accordance with the approval procedure set forth in the Regulation on Biological
Product Registration of PRC, in the view that approval procedure of Bacillus
Xxxxxxxx-Xxxxxx Vaccine is much different than that of other drugs, and in
view
of the high risk in Bacillus Xxxxxxxx-Xxxxxx Vaccine Transfer Agreement made
and
entered by Party A and Party B, both parties agree on the memorandum of the
aforesaid agreement. Both the Bacillus Xxxxxxxx-Xxxxxx Vaccine Transfer
Agreement and this Memorandum are equally legal binding.
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1.
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Party
B should pay the deposit amounted RMD 20million to attend the
bidding;
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2.
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When
Party A obtain the manufacturing license, Party B may attend the
bidding;
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3.
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Both
parties hereto acknowledge that the term of clinical experiment is
2
years. Party A should return the deposit amounted RMD 20million if
the
clinical experiment can not be concluded;
and
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4.
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If
Party B does not win the manufacturing license in bidding, Party
A should
fully return the deposit set forth in Article 1 within 20
days.
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Party
A:
Hongyuan Pharmaceutical Technology Consulting Service Center of Yuexiu District
of Guangzhou
Representative:
Xx Xxxxx Xx
Date:
June 2, 2008
Party
B:
Guangzhou Konzern Pharmaceutical Co., LTD
Representative:
Xx Xxxxxxx Xxxx
Date:
June 2, 2008
