Abstract: In this paper there is attempt to portray the law of intellectual property, its statutory framework, rights and liabilities of intellectual property holder with special reference to patentee and protection afforded by intellectual property to bioinformatics. There is also focus on nature of bioinformatics, scope and significance of bioinformatics and how the various components of bioinformatics relate to intellectual property protection, India’s position on patent protection to bioinformatics and other branches of intellectual property rights. Whether intellectual property protection should be extended for bioinformatics