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International Internet Magazine. Baltic States news & analytics Wednesday, 16.01.2019, 12:43

Lithuanian life science achievements highly valued in Israel

BC, Vilnius, 23.05.2014.Print version
Lithuanian governmental agency Enterprise Lithuania together with Lithuanian companies and universities for a third year in a row is taking part in one of the world's largest life science exhibitions MIXiii-BIOMED 2014 in Tel Aviv on 20-22 May, reports LETA/ELTA.


Among the global leaders, Lithuanian companies Biotechpharma, Biomapas, Bioseka, Altechna and representatives of Vilnius University and Mykolas Romeris University are presenting their achievements and products in the national stand, the MFA informs.


On 21 May 2014, Enterprise Lithuania together with the Lithuanian Embassy in Israel organized a business seminar in which the advantages of Lithuanian life sciences sector and the international forum Life Sciences Baltics 2014 to be held in Lithuania in September 2014 were presented to Israel's business, science and media community.


The intensive Lithuanian-Israeli cooperation in the field of life sciences started two years ago when a delegation of 120 businessmen and scientists from Israel attended the first life sciences forum Life Sciences Baltics 2012 that was organized by Enterprise Lithuania in Vilnius. A keynote speech was made by the Nobel Prize winner, Israeli Professor Ada E. Yonat, who has roots in Vilnius.


Israeli companies are actively interested in Lithuania – venture capital funds and their companies are interested in investment opportunities, life sciences companies seek cooperation with Lithuanian companies in research, a number of Israeli companies are already conducting clinical trials of innovative products in Lithuania. The agreement on bilateral cooperation in private sector industrial research and development, which was signed between the governments of Israel and Lithuania in 2010, opens up new cooperation opportunities. According to the agreement, joint projects of Lithuanian – Israeli companies are partially funded by the two states.

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