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Lithuania Caps Off Decade Of Growth With Stellar 2020

Life Sciences Expected Soon To Reach 5% Of GDP

 
• By William Masters

Lithuania’s life sciences sector has harnessed the country’s talent, infrastructure and government support to realize a decade of unprecedented growth. With the industry now maturing, can the Baltic state overcome challenges to become a significant European player?

Vilnius, capital of Lithuania
Vilnius, capital of Lithuania • Source: Alamy

2020 was a boom year for the life sciences everywhere, and Lithuania was no exception. The Baltic state saw its life sciences sector grow by 62% according to Enterprise Lithuania, a government agency responsible for exports, entrepreneurship and start-up promotion in the country. Growing the sector is “priority number one” for the government, said managing director Daina Klepone in an interview with In Vivo.

The goal is for life sciences to represent 5% of Lithuanian GDP by 2030, a figure which now looks to...

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