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biopiracy

[bahy-oh-pahy-ruh-see]
noun
  1. 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.
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Related formsbi·o·pi·rate, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for biopiracy

biopiracy

noun
  1. the use of wild plants by international companies to develop medicines, without recompensing the countries from which they are taken
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012