What is it called when an indigenous community's local biodiversity is taken by a company and patented (and sold as, for example, a drug or food additive) at great profit with no monies flowing back to the community?

Question

Quizplus · Accepted Answer

Biopiracy refers to the practice of commercially exploiting naturally occurring biochemical or genetic material, especially by obtaining patents that restrict its future use, while failing to pay fair compensation to the indigenous community from whose environment or knowledge it originates.

What Is It Called When an Indigenous Community's Local Biodiversity