Life Sciences – a study of living organisms and life processes, including biology, microbiology, physiology, biochemistry and related subjects. Life science innovations are applied in medicine, pharmaceutical, agriculture, food and other industries.
Lithuanian life science industry comprises of companies, academia and healthcare industries operating in the field of pharma, biotechnology, pre-clinical and clinical drug development, health informatics and bioinformatics, medical engineering. (Lithuanian life science industry development guideline, 2018). The annual growth of the Lithuanian life sciences sector is 19%, which is one of the most rapid growth paces across the European Union. Lithuania’s potential is defined by well-developed infrastructure, universities and research centers, growing industry, significant foreign investments and national strategic directions.