The emerging field of bioprospecting has sparked intense debate surrounding issues of biopiracy and Intellectual Property Rights (IPRs). Biopiracy refers to the unauthorized appropriation and commercialization of biological resources and traditional knowledge associated with them. This article explores the complex relationship between bioprospecting, biopiracy and IPRs, aiming to shed light on the ethical and legal dimensions of this contentious issue. It discusses the impact of biopiracy on biodiversity conservation, indigenous communities and traditional knowledge holders, while also considering the need to strike a balance between incentivizing innovation and safeguarding collective rights. The article concludes by highlighting potential solutions and policy recommendations to address the challenges posed by biopiracy and ensure a fair and sustainable framework for bioprospecting.
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