Question

Biopiracy should be prevented. State why and how.

Answer 1

Biopiracy is the term used to refer to the use of biosensors by multinational companies and other organizations without proper authorization from the countries and people concerned without compensatory payment.

There has been growing injustice, inadequate compensation and benefit sharing between developing and developing countries. Therefore, some nations have developing laws to prevent such unauthorized exploitation of their bioresources and traditional knowledge.