📋 Tender Overview
The Minister of Economy and Innovation Aurin Armonait discussed with the representatives of the life sciences sector the currently planned actions to promote the growth of the life sciences industry.Lithuania has an ambitious goal - to establish itself among the leaders of life sciences and to achieve that the share of this sector in 2030. would make up 5. GDP that is would increase five times. We have a huge potential to develop advanced life science technologies but in order to achieve this ambitious goal the whole Government will need to be mobilized says A. Armonait.The Ministry of Economy and Innovation seeks to refine the long-term development strategy of this sector which will include the obligations of the state and business to promote the supply of talent innovation and export attract investment improve the business environment and infrastructure etc.Currently the focus is on the implementation of the New Generation Lithuania plan which provides for more than LTL 200 million to stimulate the demand for innovation and the transformation of the ecosystem. euros. Of this 63 million is earmarked for joint business and research missions. euros. In order to make meaningful use of these funds by 6 September. The e-Citizen system welcomes views and suggestions from science business and society on the most pressing societal challenges that could be addressed by mobilizing funding science and business resources and potential.We are talking to business and we hear that by 2030. reach 5 percent. As a result of GDP we will have to invest much more than planned now. 63 million 1 billion is big money but the life sciences sector needs much more investment. The business itself estimates that 300 million. EUR 300 million in public investment. they would contribute themselves. These funds will have to be sought in the EU structural funds said Minister A. Armonait.During the meeting with representatives of the life sciences it was expressed that in order to make a breakthrough in the life sciences sector it is necessary to think about the separation of funding for basic and applied research. Much attention was also paid to the issue of the Innovation Agency currently being set up. Business representatives expressed the view that a breakthrough is possible only if the agency also manages EU structural funds.The life sciences sector is one of the fastest growing industrial sectors in Lithuania as well as one of the most advanced industries in this field in Central and Eastern Europe. At present the sectors contribution to the countrys GDP is about 2.2019 There were 571 companies operating in the Lithuanian life sciences sector and about 7.5 thousand people worked. workers. Last year the export value of products of Lithuanian origin in this sector reached 627 million. Compared to 2019 it increased by as much as 62. 90 percent. Lithuanian biotechnology products are exported to more than 100 countries. The largest export markets of the Lithuanian sector in 2020 were the US 29 Germany 14 and China 6.3.
