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How is bio-piracy a problem for intellectual property law?

Updated: 8/18/2019
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13y ago

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In biopiracy, traditional knowledge is exploited for commercial gain. A person or organization patenting a drug based on biopiracy would be asserting they are the inventor of it, even though it may have been around for thousands of years. As a result, the holder of the patent can make millions of dollars while the people who have been passing this knowledge down for generations continue to live in poverty.

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