Intellectual Property Rights are the exclusive rights granted to creators of intellectual property, including literary, artistic, and scientific works, inventions, and innovations. These rights enable creators to control the use, reproduction, distribution, and adaptation of their works.

Role of Intellectual Property Rights in Biotechnology –

1. Protection motivates researchers and companies to invest in biotech research and development.
2.  It ensures that investors recieve returns on their investments in biotech research.
3. Facilitates partnership between industry,academia and government.
4. Helps in maintaining high standards in biotech products and services.
5. Enables biotech companies to commercialized their products and technologies.
6. Copyrights protects biotech software, databases and digital content .
7. Trade secrets protects confidential biotech information .
8. Geographical indications protect regional biotech products.
9. Patents protect biotech inventions such as genetic sequences ,biological molecules and biotech processes .

The use of Intellectual Property Rights in biotechnology plays a vital role in protecting innovations, encouraging investment, and driving industry growth .By effective IPR management biotech companies will be able to commercialize their innovations, collaboration with others, and address their global health challenges.