Since the days of the Soviet Union, Lithuania has always been considered as a leader in life sciences discoveries in Eastern Europe due to its infrastructure. But what about for Biotech?
Nowadays, as a member of the NATO, the European Union, and Eurozone, Lithuania’s life science sector is growing around 20-25% annually; with special focus on the production and research of biotechnology, pharmaceutical and medical devices.
Many of the products developed in Lithuania are geared towards international markets, with 90% of all life science products and services being exported around the world.
Some of the most successful life science startups and discoveries that originated in Lithuania were created by university students with creative ideas.
For example, Vilnius University’s iGEM team were awarded a gold medal at Boston’s international synthetic biology competition for their breakthrough discovery on how to prevent bacterial reproduction.
Today, Vilnius iGEM is preparing to present its latest invention: ColiClock – a bacterial system which helps to limit the spread of GMO’s in nature,