Over 1,500 industry professionals from across Europe and the world are expected to take part in the biannual two-day event. Around 40 speakers will lead presentations on a variety of topics as part of the Life Sciences Baltics forum, and some 60 companies will take part in B2B meetings and listen to pitches from invest-ready Life Sciences startups from across the Baltics.
The Life Sciences sector is among the handful of high-skill sectors currently thriving in Lithuania’s capital, and ambitions are high to establish the country and its capital as Europe’s leading Life Science hub by 2020. With a national annual growth rate of 25% in this sector, the country is well on its way to achieving this status.
The Life Science Baltics conference is just one sign of the sector’s rapid development in Lithuania; leading the way is Vilnius University’s Joint Life Sciences Centre (JLSC). The centre is a result of the university’s Biochemistry, Biotechnology and Natural Sciences faculties merging together and being relocated to a new state-of-the-art building. The JLSC undertakes research, education and technological development across a wide range of science disciplines, and also houses a Bioincubator, making facilities available to local startups to effectively boost the BioTech sector in Vilnius.
The centre is a great example of the collaborative approach propelling the growth of each focus sector in Lithuania’s capital. Vilnius’ local talent pool plays a key role in the dynamic nature of its Life Sciences sector, too. The city is home to tens of thousands of specialist, and with thousands of students enrolled in relevant higher education programmes, the industries future is a promising one.