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bioprospecting

   Also found in: Encyclopedia, Wikipedia 0.04 sec.
bioprospecting [ˌbaɪəʊˈprɒspɛktɪŋ]
n
(Business / Commerce) searching for plant or animal species for use as a source of commercially exploitable products, such as medicinal drugs
Translations
bioprospecting [ˌbaɪəprəsˈpektɪŋ]
B. ADJ [company] → bioprospector


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Ross is in the process of formalizing an agreement that aligns the medical school with the collective brain power of the Sault-based federal laboratory to establish a bioprospecting centre.
The commission also recommends that Congress create an Ocean Policy Trust Fund, which would draw revenue from offshore oil and gas development and "other offshore uses" (for example fish farming, deep-sea mining, and bioprospecting for new drugs) to pay for the eventual $3.
Bioprospecting is a practice common among the major biotech companies.
 
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