In 1997, an American company got patent rights on Basmati rice through – InterviewSolution

1.	In 1997, an American company got patent rights on Basmati rice through the U.S. Patent and Trademark Office. Variety of Basmati had actually been derived from Indian farmer’s varieties. If so, what is Biopiracy?
Answer» It is the use of bio-resources by multinational companies and other organisations without proper authorisation from the countries and people concerned without compensatory payment.

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