Biodiversity, Biological Resources And Patent

Soma Gupta, Assistant Professor, Government Law College, Tikamgarh, MP

ABSTRACT

IP (Intellectual Property) is all about the intelligence and creativity of human beings, the right over these are the rewards for the execution of these ideas. IPRs are exclusively “private rights”, it’s the incentive granted to the holder for its innovation, and provides the holder the ability to exclude others from certain activities, such as using a product or process, for a defined period of time.

“Giving the status of IPRs (particularly patents) to BR&BD (BIOLOGICAL RESOURSES& BIOLOGICAL DIVERSITY) has evolved over last few years and is moderately new trend. It is important to analyze the how and why it is essential to bridge the gaps between the grant of patents to BD and BR thereby creating exclusive monopoly over them and the protection and SD of the BD and BR. As with the commerlisation of the world each and every been step been taken is to exploit economical benefit out of it ,but on the same hand the protection and SD of the BR&BR is an alarming issue , they are vital for the survival and prosperity of humanity.