News of the WeekBIOPROSPECTING

Model Indian Deal Generates Payments

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Science  12 Mar 1999:
Vol. 283, Issue 5408, pp. 1614-1615
DOI: 10.1126/science.283.5408.1614b

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Summary

NEW DELHI-- A native community and an Indian research institute this month will collect the first payment from a landmark agreement to market a herbal tonic derived from a local plant. The agreement, with an Indian Ayurvedic medicine company, is seen as a model for so-called bioprospecting efforts endorsed by the 1992 Convention on Biological Diversity. The process has been said to mark perhaps the first time that cash benefits have gone directly to the source of the knowledge of traditional medicines.