Question

Differencerence between biopiracy and biopatent

Answer 1

Biopiracy, a term originally coined by ETC Group, refers to the appropriation of the knowledge and genetic resources of farming and indigenous communities by individuals or institutions that seek exclusive monopoly control (patents or intellectual property) over these resources and knowledge. ETC Group believes that intellectual property is predatory on the rights and knowledge of farming communities and indigenous peoples. Through nanotechnology- and synthetic biology-related patents, intellectual property claims are now being extended to elements of the periodic table and to key metabolic pathways involved in cellular functioning (and resulting in natural products with high commercial value).

Answer 2

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Biopiracy is the commercial exploitation or monopolization of biological or genetic material, in the form of medicinal plant extracts. . A biopatent is a patent on an invention in the field of biology.