Home
Class 12
BIOLOGY
A multinational company (XYZ) marked a m...

A multinational company (XYZ) marked a medicine extracted from medicinal herbs grown in the sprawling fields in a foreign country. This herb is found only in our country and no compensation was paid or permission taken from relevant authority.
(a) What is the term used to refer to such an act committed by the multinational company? (b) Justify the meaning of the term. (c) What has our government done to prevent such deeds?

Text Solution

Verified by Experts

(a) Biopiracy (b) Biopiracy tantamounts to stealing of bioresources of another country. (c) Government is developing law such as Indian Patents Bill to prevent biopiracy.
Promotional Banner

Topper's Solved these Questions

  • BIOTECHNOLOGY AND ITS APPLICATIONS

    ICSE|Exercise PRACTICE QUESTIONS (VERY SHORT ANSWER TYPE QUESTIONS)|18 Videos

  • BIOTECHNOLOGY AND ITS APPLICATIONS

    ICSE|Exercise PRACTICE QUESTIONS (SHORT ANSWER TYPE-I QUESTIONS)|7 Videos

  • BIOTECHNOLOGY : PRINCIPLES AND PROCESSES

    ICSE|Exercise COMPETITION CORNER (ASSERTION AND REASON TYPE QUESTIONS)|7 Videos

  • ECOSYSTEMS

    ICSE|Exercise COMPETITION CORNER (ASSERTION AND REASON TYPE QUESTIONS (FOR AIIMS ASPIRANTS))|14 Videos

Similar Questions

Explore conceptually related problems

Why are medicines used ?

Explain the meaning of the term, magnetic field'.

Define medicine. Give two types of medicines with examples

What is the medicinal use of narcotic drugs ?

Write the uses of medicines.

What does the term 'Frugivorous' mean ?

A multinational company outside tried to sell new varieties of turmeric without proper patent rights. What is such an act referred to ?

A multinational company outside tried to sell new varieties of turmeric without proper patent rights. What is such an act referred to ?