Series Title | EurActiv |
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Series Details | 26.04.13 |
Publication Date | 26/04/2013 |
Content Type | News |
The European Parliament debated in April 2013 a draft biopiracy law requiring industry to compensate indigenous people if it makes commercial use of local knowledge such as plant-based medicines. Under the law - based on the international convention on access to biodiversity, the Nagoya protocol - the pharmaceuticals industry would need the written consent of local or indigenous people before exploring their region’s genetic resources or making use of their traditional know-how. Relevant authorities would have the power to sanction companies which failed to comply, protecting local interests from the predatory attitude of big European companies. |
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Source Link | http://www.euractiv.com/health/eu-mulls-biopiracy-law-news-519381 |
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Subject Categories | Business and Industry, Internal Markets |
Countries / Regions | Europe |
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