bioprospecting

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bioprospecting

[‚bī·ō′prä·spek·tiŋ]
(pharmacology)
The search for new pharmaceutical (and sometimes nutritional or agricultural) products from natural sources, such as plants, microorganisms, and sometimes animals.
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References in periodicals archive ?
Bioprospecting in such environments generally requires outside bioprospectors and sponsors from the developed world.
One could say that bioprospectors who today disregard the CBD are unjust agents, committing unjust actions, insofar as they violate a legitimate social rule set up to prevent exploitation and injustice.
With the advent of genomic and genetic engineering technologies, bioprospectors now have environmentally friendly and economically viable alternative screening tools.
Today's bioprospectors arc gathering and studying extracts of everything from spider venoms to soil microbes to algae.
Because of the high odds against striking it rich, it often makes economic sense for bioprospectors to hedge their bets by seeking advance payments and relatively small royalties rather than foregoing collecting fees and holding out for higher royalties that may never materialize.
In reality, bioprospectors now say, traditional cures using plants and animals are often quite complex.
There, 140 nations signed the Convention on Biological Diversity putting on paper the principle of fair compensation for countries hosting bioprospectors.
The promise of life-saving cures from marine species is gradually becoming a commercial reality for bioprospectors and pharmaceutical companies as anti-inflammatory and cancer drugs have been discovered and other leads are being pursued.