noun
the practice of searching for valuable natural products or resources in biological material
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Bioprospecting is the process of searching for new sources of compounds in nature with potential pharmaceutical or industrial applications.
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Scientists are out in the field bioprospecting for new plant species with medicinal properties.
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I heard there are some guys out there bioprospecting for rare fungi in the rainforest.
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Exploring the unknown depths of the ocean is like bioprospecting for new species yet to be discovered.