Doesn't the concept of biopiracy imply that the products of millions of years of evolution belong to modern nation states?

What if, instead, we either observe that they simply exist, or imbue them with their own rights, or consider them the birthright of all humanity?

We've seen that attempts to consider them as intellectual property for the purposes of ensuring their conservation have failed. We can also see that it hasn't driven the anticipated licensing revenue flows to poorer nations. But which approach would lead to greater good for humankind over a long time horizon?