Biopiracy

Biopiracy is a circumstance where indigenous information of nature, starting with indigenous people groups, is utilized by others for the benefit, without consent from and with next to zero pay or acknowledgment to the indigenous individuals themselves. For instance when bio-prospectors draw on indigenous learning of therapeutic plants which is later protected by medicinal organizations without perceiving the way that the information is not new, or created by the patenter, and denying the indigenous group to the rights to commercial exploitation of the innovation that they themselves had created. Critics of this practice, for example, Greenpeace, assert these practices add to disparity between developing nations rich in biodiversity, and developed nations facilitating organizations that take part in 'biopiracy'. 

It implies natural robbery, illicit gathering of indigenous plants by company who patent them for their own utilization. 

• Unauthorized utilization of natural assets 
• Unauthorized utilization of indigenous groups' knowledge on biological resources
• Unequal share of advantages between patent holder and the indigenous group 

For e.g. blood robbery of Raute for inspecting; in 2000, the US company RiceTec (an auxiliary of RiceTec AG of Liechtenstein) endeavored to patent certain hybrids of basmati rice, and semidwarf long-grain rice. The Indian government mediated and several cases of the patent were nullified. For e.g. in the interim, the European Commission has consented to secure basmati rice under its controls relating to geological indications, etc.