On the 1st of January 2019 the project ‘Unlocking the Potential of Bio-based Value Chains in the Baltic Sea Region’ (with the abbreviation: BalticBiomass4Value) was launched. This project is supported by the INTERREG Baltic Sea programme and is coordinated by the Vytautas Magnus University (Lithuania). 17 partners from the entire Baltic Sea Region (BSR) aim to enhance…
Life Sciences – a study of living organisms and life processes, including biology, microbiology, physiology, biochemistry and related subjects. Life science innovations are applied in medicine, pharmaceutical, agriculture, food and other industries. Lithuanian life science industry comprises of companies, academia and healthcare industries operating in the field of pharma, biotechnology, pre-clinical and clinical drug development,…
“Biotechnology represents an integrated application of natural and engineering sciences, aimed at using living organisms, cells and their parts in production and service-rendering” (the definition issued in 1989 by the European Federation of Biotechnology, the EFB). Health biotechnology (Red Biotechnology) is used to create an advanced class of drugs, therapies, vaccines and diagnostic tools. This…
The Bioeconomy encompasses the production of renewable biological resources and the conversion of these resources and waste streams into value-added products, such as food, feed, bio-based products, and bioenergy (according to “Innovating for Sustainable Growth: A Bioeconomy for Europe“, 14 February 2012). Over the coming decades, the world will witness increased competition for limited and…