Q.Define Biopiracy.
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Start your 14-day free trial to unlock the full solution →Biopiracy refers to the unauthorised, uncompensated commercial exploitation of a region's biological resources or the traditional knowledge of its indigenous people.
Many multinational companies and organisations, drawn by developing countries' rich biodiversity and traditional knowledge about the use of many biological resources, obtain patents on such bioresources or traditional knowledge (e.g. medicinal plants) without adequate authorisation from, and compensation to, the concerned country and its indigenous people/communities. This unauthorised exploitation of biological resources and traditional knowledge, and the lack of compensation for their use, is called biopiracy. Developing nations ri …
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