In order to actively participate in the development of Lithuanian bioindustry and bioeconomy, Lithuanian biotechnology association decided to join the Bio-based Industries Consortium (BIC). BIC – is a Brussels-based European…
The annual growth of the Lithuanian life sciences sector is 19%, which is one of the most rapid growth paces across the European Union. Lithuania’s potential is defined by well-developed infrastructure, universities and research centers, growing industry, significant foreign investments and national strategic directions.
Lithuania has been gradually becoming one of the high tech centers in the region. 90% of Lithuanian biotechnological, pharmaceutical products and medical devices are exported globally. LBTA represent as Lithuanian Health Technology Ecosystem within ECH Alliance global network.
Bioeconomy is a part of economy that produce renewable raw materials (biomass) and processes these raw materials and biowaste into value-added products – food, feed, industrial products, bioenergy. LBTA participates in national bioeconomy strategy development and implementation.