Lithuania‘s Life Sciences sector has been recognised as one of the most developed in Central and Eastern Europe. The sector continues to grow on average by 25 % annually. Logistically convenient country ‘s geographical location allows covering all main markets. Currently, 90 % of manufactured products in Lithuania are exported to over 100 countries worldwide with the main markets being the USA, Japan, Israel, Germany and the United Kingdom, making Lithuania known for its high-quality Life Sciences products. Strong players such as Thermo Fisher Scientific or Northway BiotechPharma are already enjoying the benefits of Lithuania‘s favourable business environment for the sector.
What‘s more, the government support towards the sector, favourable business environment and well-established infrastructure in both Vilnius and Kaunas hubs can guarantee your company to successfully scale business operations and can offer highly skilled talent, excellent infrastructure, unsaturated market and competitive costs.
Come and talk to us at BIO-Europe | DIGITAL to hear more about what the opportunities in Lithuania!