Latvia’s life science sector is a true gem. It is a driving force for innovations, growth and competition, promoting sustainability and development of high added value products and services. Historically deeply rooted in Latvia today this sector combines strong R&D capability, established manufacturing infrastructure and geographical and cultural proximity to Eastern and Western markets.
We know that you are already convinced but add to this perfect mix also a very competitive work force and further investment aimed to increase productivity and to foster R&D related activity. All this contributes to the potential and success of the industry.
And no wonder this is a sector with great export capacity. Industry data demonstrate that more than 83% of the products manufactured in the industry are exported abroad.
Manufacture of chemicals, manufacture of pharmaceuticals, manufacture of rubber and plastic products, biotechnology, coating materials, cosmetics
- Estonians and Lithuanians would not be happy to hear that but among the three Baltic States, Latvia leads the life science sector, with the highest value added in this sector.
- This sector is nothing without innovation and introduction of new products and services. Yes, we are talking about R&D here. We offer strong R&D capabilities.
- Due to the historical roots, many year's of know-how, legacy and production we provide established manufacturing infrastructure.
- Tradition can bring you wisdom, support, experience and that special, intangible feel of proficiency. We are proud of long-standing tradition in chemistry.
- Also add to this equation skilled and competitive workforce.
- Don't forget cost effectiveness we provide due to reasonable labour expenses, skilled professionals, developed infrastructure and production facilities, close proximity to Western and Eastern markets.
- We have the largest share of employment in pharmaceuticals among Baltic States. Sorry, we beat you again dear neighbours!
- Olainfarm and Grindeks are producers of world-renowned and demanded products.
- Valmieras stikla šķiedra is currently one of the largest glass fiber manufacturers in Europe with more than 50 years of experience. New facilities launched in the UK and USA.
- Latvian Biomedicine Research and Study Center is developing a prototype vaccine against Lyme disease.
- Latvian Institute of Organic Synthesis is an inventor and co-inventor of 18 original approved drugs and more than 70 original preparation methods of known medicines.
- BGI Group is the world’s largest genome sequencing organization and has established a genome sequencing machine production facility in Latvia which is the beginning for development of a life science park.
- We believe in export and export believes in us. See for yourself. Pharmaceuticals are the leading export products making up 37% of total industry exports.
- Most part of the goodies are shipped abroad. 83% of the manufactured chemicals and pharmaceutical products are exported.
- Pharmaceuticals compile 1.3% of total national exports. Well, we are not jealous as there are many great industries in Latvia.
- Four is the number of innovation and creativity. The sector is currently ranked 4th by turnover among manufacturing industries in Latvia.
- It also turns out to be our lucky number as we are ranked 4th by total export amounts among other industries in Latvia.
Employment and education
- This sector is growing so rapidly in Latvia, we sometimes can't keep up! Well, as for now the number of employees in chemical and pharmaceutical companies exceeds 13 000.
- When you will graduate with a degree in life sciences probably you will be able to pick your employer not vice versa. We have around 1000 companies in the chemical and pharmaceutical industry.
- Where to study? Your first choice would be Riga Stradiņš University as it is a regional leader in medical education.
- Also University of Latvia has developed an Academic Center which provides an opportunity both for students and academic staff to conduct world-class studies.
- Sustainability above all. Latvia University of Life Sciences and Technologies specializes in the sustainable use of natural resources.