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Largest International Life Sciences Forum in the Baltics Commences in Vilnius

2012-09-12

"Life Sciences Baltics 2012", international life sciences Forum, started today in Vilnius. The three-day event will be the first and largest in Lithuania and the Baltic States. The conference is set to host around 700 experts of the field, half of which are visitors from abroad. During the Forum, science and business practitioners will search for possibilities of cooperation, share ideas and become acquainted with the main achievements and potential of the Baltics life sciences sector.

"The development of life sciences and creation of high technologies ensures rapid progress of the modern world. Countries that base their industry on high technologies are more developed, modern and attract more investments. Today’s event is a perfect illustration of the advance Lithuania has made in the field. Lithuania was the only Soviet Union country, which had United Applied Enzymology Scientific Research Institute, functioning since 1975. After the restoration of independence, this experience was not wasted, but developed further. This lead to thriving of life sciences sector, which became an integral part of our economy, industry and business. Lithuanian inventions in the field are known globally, and successful companies have become magnets for life sciences specialists", - said the Rimantas Žylius, the Lithuanian Minister of Economy.

According to Paulius Lukauskas, the CEO of "Enterprise Lithuania", such events are a great opportunity for Lithuania and Baltic countries to present themselves and make new international contacts in the field of life sciences. "The idea to organize such event came to us while visiting Israel, which is one of the global centers of life sciences as well as a perfect example for Lithuania, who strives to become the regional leader in the field. Lithuania and Israel have been cooperating and sharing experience for a while, we hope that this event will strengthen this special bond’, - P. Lukauskas said. According to him, the event will host a delegation of 100 Israeli representatives, including high level executives and venture capitalists, who are especially interested in Lithuanian life sciences start-ups.

Honorary Consul of Israel in Lithuania, President of High-Tech Sciences and Industry Valley "Santara", prof. Vladas Algirdas Bumelis, who has a long-term experience in cooperation with Israeli scientists and business representatives, claimed that Lithuania has a great potential in life sciences sector.

"Life sciences are the field, which creates high added-value. Therefore, Lithuania should pay special attention to this sector when creating knowledge economy. The current situation of life sciences allows to predict that in the future we will be able to talk about the creation of bioeconomy and the products and services created by the experts of the field will comprise more than 1 per cent of Lithuanian GDP. It is extremely important to use the potential we have in this field and create the possibilities for young specialists to work in the sphere without leaving Lithuania, therefore events promoting the dialogue between business and science like this conference are a welcomed initiative", - the professor claimed.

During the three days of the conference, various sessions and seminars lead by internationally famous life sciences specialists will take place together with the exhibition representing life sciences sector of the Baltic countries and international partnership event, during which the participants of the forum will be able to make contacts with their foreign counterparts. The excursions to various Lithuanian companies and research centers will also be organized, and Vilnius University will hold international life sciences students conference "The Coins" with up to 200 participants from Lithuania and abroad. More information about the event can be found at www.lsb2012.com.

"Life Sciences Baltics 2012" conference is organized by "Enterprise Lithuania", its strategic partner is Lithuanian Ministry of Economy. Official patron of the event is Andrius Kubilius, the Prime Minister of Lithuania.

Laura Čekuolytė
Media manager
Life Sciences Baltics 2012
Mob. +370 650 75652, El.p. media@lsb2012.com

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