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Biotechnology intellectual property rights are the legal ownership of an interest in a patent, trademark or trade secret. This means that another company cannot use those assets without permission from the company established as the official owner.
Intellectual property rights (IPR) refers to the legal rights given to the inventor or creator to protect his invention or creation for a certain period of time.[1] These legal rights confer an exclusive right to the inventor/creator or his assignee to fully utilize his invention/creation for a given period of time.
In bioinformatics, the intellectual property (IP) may be the DNA sequence, protein structure, mRNA transcript, or cell culture. IPR helps to ensure that the scientific discoveries made by scientists are not taken advantage of by others.
Bioinformatics tools can be used to identify and annotate genes, analyze gene expression patterns, and compare genomes across species. This information can be used to develop new biotechnology applications, such as gene therapy, personalized medicine, and the development of new drugs.
Definition. Bioinformatics, as related to genetics and genomics, is a scientific subdiscipline that involves using computer technology to collect, store, analyze and disseminate biological data and information, such as DNA and amino acid sequences or annotations about those sequences.
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There are essentially four types of intellectual property rights relevant to software: patents, copyrights, trade secrets and trademarks. Each affords a different type of legal protection.
OBJECTIVES OF BIOINFORMATICS The fundamental objectives are to identify genes and proteins, determine their functions, establish evolutionary relationships and predict their conformation.
The classic data of bioinformatics include DNA sequences of genes or full genomes; amino acid sequences of proteins; and three-dimensional structures of proteins, nucleic acids and proteinnucleic acid complexes.
A DNA or genes of organisms cannot be patented because it is a natural product, but cDNA is patentable because it is modified by researchers and is not an original product of nature. IPR is usually considered in three types i.e. patents, trademarks and copyright.
Bioinformatics is defined as the application of tools of computation and analysis to the capture and interpretation of biological data. It is an interdisciplinary field, which harnesses computer science, mathematics, physics, and biology (fig ​

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