Today's Portrait Highlights

Latvia Health Care, Green Tech and Life Science sectors

The Latvian healthcare sector has large healthcare centers to provide comprehensive health services. There are many opportunities due to its high growth rate and relatively low expenditure compared to the European Union average. Latvia is a leading European country in terms of specialization in renewable energy sources. Hydropower accounts for the largest source while biomass and biofuel are increasingly used in co-generating electricity and heat. The life sciences sector has experienced high growth in value added both in pharmaceuticals and medical devices. The R&D on red biotechnologies, white biotechnologies and green biotechnologies pharmaceuticals has a high growth potential.

IVEX Lab

IVEX Lab helps investigators in their efforts to find safer and more effective treatments for major diseases, including cancer. Focusing to preclinical drug efficacy studies, our team can develop novel tools that meet your experimental needs, ranging from molecular cloning and stable expression to in vivo xenograft studies. IVEX Lab is CRO with highly experienced personnel as well as relevant technical infrastructure. We have implemented live animal imaging methodology that enables to perform experiments with high sensitivity, accuracy and speed, at the same time reducing animal numbers.

Tartu Biotechnology Park

Tartu Biotechnology Park was established in December 2001. TBP provides excellent physical infrastructure as well as business development and consultancy services to companies and R&D institutions in the fields of biotechnology, medicine and veterinary medicine. It supports companies in finding cooperation partners and is active in the establishment process of new companies. From September 2005 TBP runs the BioMed Incubator for biotechnology, medical and veterinary businesses. The incubator aims to support the formation and sustainable development of enterprises with grow potential.