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BIOPIRACY Imitations Not Innovations - Biopirateria

BIOPIRACY Imitations Not Innovations - Biopirateria

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Biopiracy: <strong>Imitations</strong> <strong>Not</strong> <strong>Innovations</strong> 45<br />

12. LAGERSTROEMIA SPECIOSA<br />

Other name: Banaba<br />

Description of the plant and its location: It is a well-known herb used in<br />

the Cordillera highlands and other parts of the Philippines.<br />

Part/s used:<br />

Indigenous/local use of the plant: It is known to be used by traditional<br />

heelers to treat fever, diarrhoea and diabetes and to act as a purgative and<br />

stimulant. The treatment is documented in national literature.<br />

Modern use in the patent: A patent has been awarded to a Japanese company<br />

called Itoen KK for an anti-diabetic drug based on this plant.<br />

Derivation observed:<br />

Indigenous use Modern use<br />

● Treatment of diabetes Anti-diabetes drug

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