Question
Define the terms: (i) Bio patent, (ii) Bio Piracy
✓
Answer
(a) A biopatent is a patent granted by the government to the inventor for biological entities and for products obtained from them. It allows the patent holder to prevent others from making, using, selling, or importing the protected invention for a limited period of time.
(b) Bio-piracy - It is a situation in which indigenous knowledge of life science, nature; originating with indigenous peoples, is used by the others for commercial use without any permission.
(b) Bio-piracy - It is a situation in which indigenous knowledge of life science, nature; originating with indigenous peoples, is used by the others for commercial use without any permission.
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