Biodiversity has to be conserved for underdeveloped to have sustainable development and biopiracy is hindering that.
Yoonus Imran et al 2021 (Yoonus Imran: Interdisciplinary Centre for Innovation in Biotechnology and Neuroscience, Faculty of Medical Sciences, University of Sri Jayewardenepura, Nugegoda, Sri Lanka, Nalaka Wijekoon: Interdisciplinary Centre for Innovation in Biotechnology and Neuroscience, Faculty of Medical Sciences, University of Sri Jayewardenepura, Nugegoda, Sri Lanka, Lakmal Gonawala: Interdisciplinary Centre for Innovation in Biotechnology and Neuroscience, Faculty of Medical Sciences, University of Sri Jayewardenepura, Nugegoda, Sri Lanka, Yu-Chung Chiang: Department of Biological Sciences, National Sun Yat-Sen University, Kaohsiung, Taiwan, and K. Ranil D. De Silva: Interdisciplinary Centre for Innovation in Biotechnology and Neuroscience, Faculty of Medical Sciences, University of Sri Jayewardenepura, Nugegoda, Sri Lanka and Institute for Combinatorial Advanced Research & Education (KDU-CARE), General Sir John Kotelawala Defence University, Rathmalana, Sri Lanka, “Biopiracy: Abolish Corporate Hijacking of Indigenous Medicinal Entities”, [Scientific World Journal], 02/18/2021, doi: 10.1155/2021/8898842)//shoque
Biodiversity of Sri Lanka has a vast potential to be transformed as a source of funding. Most Multinational biotechnology companies rely on the genes of living organisms as its raw materials where they reiterate the old “Gold Rush” as new “Gene Rush” with the ultimate goal of future profits. Imminent danger to Sri Lankan biodiversity has been raised due to this quest for genetic resources among biopirates. Recent developments relating to biopiracy have been entered on a large alarming scale. Sri Lanka after its 30 years of civil war is looking towards sustainable development. Sustainable development must equip with the environment protection where conservation of biodiversity plays a significant role [28, 29].