biopiracy

[ bahy-oh-pahy-ruh-see ]
/ ˌbaɪ oʊˈpaɪ rə si /

noun

the commercial exploitation or monopolization of biological or genetic material, as medicinal plant extracts, usually without compensating the indigenous peoples or countries from which the material or relevant knowledge is obtained.

OTHER WORDS FROM biopiracy

bi·o·pi·rate, noun

British Dictionary definitions for biopiracy

biopiracy
/ (ˈbaɪəʊˌpaɪrəsɪ) /

noun

the use of wild plants by international companies to develop medicines, without recompensing the countries from which they are taken