biodiscovery definition
biodiscovery means research on samples of biological resources, or extracts from those samples, to discover and exploit genetic or biochemical resources of actual or potential value for humanity;
biodiscovery means “(a) biodiscovery research; or (b) the commercialisation of native biological material or a product of biodiscovery research” (s 5 and schedule).
biodiscovery has the meaning given to it in the Act.
More Definitions of biodiscovery
biodiscovery means “biodiscovery research” and ‘biodiscovery research” means “the analysis of molecular, biochemical or genetic information about native biological material for the purpose of commercialising the material”: Schedule 2.