Lithuanian Biotechnology Association (LBTA)

Lithuanian Biotechnology Association (LBTA) is a legal entity established in 2003 on the basis of the Lithuanian Society of Biotechnologists.

Currently, LBTA unites companies developing and producing biotechnological products, providing services for the life science sector, also Lithuanian universities and individual researchers actively participating in fundamental and applied science.

Lithuanian biotechnology association goal is to facilitate Lithuanian biotechnology sector to solve global life quality and environmental challenges.

Priority topics of LBTA are Life sciences, Health technologies and Bioeconomy.

Two branches of the biotechnology industry (i.e. industrial biotechnology and healthcare biotechnology) predominate in Lithuania, where industrial biotechnology accounts for about 80% of the sector. Biotechnology is a rapidly growing sector in Lithuania and operates with very high efficiency. Over the last decade, the Lithuanian biotechnology industry’s revenue has increased more than four times, from around EUR 230 million in 2010 to around EUR 1.094 billion in 2020. The number of biotechnology industry employees has doubled during the same period.

Lithuanian biotechnology sector are well connected. The Lithuanian Biotechnology Association unites the largest biotechnology businesses, innovative and biotechnology driven SMEs and start-ups, as well as the abovementioned research and academic institutions. The LBTA is designed to promote knowledge, skills, competencies and cooperation throughout the innovation value chain, starting with students, lecturers and researchers, and ending with R&D activities and production development in businesses working with investors and market actors.

The largest companies operating within Lithuania’s industrial biotechnology sector with revenues exceeding EUR 100 million euros are Thermo Fisher Scientific Baltics, Roquette Amilina and Mestilla. Other larger companies include Rapsoila, Kurana, Bioenergy LT and Biorro.

There is also a network of SMEs developing new industrial biotechnology products (Bioversija, ProBioSanus and other companies), as well as promising start-ups developing cutting-edge biotechnology solutions with wide applications. These include CasZyme, which is developing CRISPR-based molecular tools and Biomatter Designs, which is developing technologies for generative protein design at the intersection of synthetic biology and artificial intelligence and others.

Not including independent research organisations, there are seven universities in Lithuania carrying out biotechnology science activities and studies.

  • The multidisciplinary Vilnius University with a Life Sciences Centre
  • The multidisciplinary Vytautas Magnus University with an Agriculture Academy
  • The Lithuanian University of Health Sciences with a Veterinary Academy
  • Medical Academy and Hospital taking care of over 90,000 patients each year
  • The technology and engineering oriented Kaunas University of Technology
  • Vilnius Gediminas Technical University – Vilnius Tech
  • Klaipėda University

Innovation Agency Lithuania

Innovation Agency Lithuania is responsible for the Lithuanian innovation ecosystem and the promotion of innovation at all stages of business development – from developing ideas to delivering products and services to end-users. Our clients range from startups to small-and medium sized businesses with tailor-made services.

The team of Innovation Agency Lithuania aims to be an entry-point for foreign businesses to connect with right partners in Lithuania, a creative resource for joint initiatives in the markets of mutual interest and a recognized partner to numerous foreign business associations, chambers, and governmental institutions.

In 2022 April, Innovation Agency Lithuania was established on the basis of Enterprise Lithuania and the Lithuanian Business Support Agency and consolidating the functions for the promotion of innovative activities performed by the Agency for Science, Innovation and Technology.

Innovation Agency Lithuania is a non-profit agency under the Ministry of Economy and Innovation.

GoVilnius

Go Vilnius is the official business and tourism development agency of the City of Vilnius. The agency provides visitors, meeting planners, investors, relocating talents, entrepreneurs and businesses with all the essential information they need to know about the Lithuanian capital.

Go Vilnius offers information on everything from real estate to leisure activities in Vilnius, simplifying the process of traveling, planning meetings & events, relocating to, or investing in Vilnius.