01 2018 Feb
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“It’s a great time for innovation in the field of health right now because the life sciences are getting a lot of attention in Lithuania,” says Laima Matusevičienė, head of the Development Department at LSMU. According to data provided by LSMU, interest in the development of medical innovation has grown more than threefold in the business sector over the past three years. Robertas Armonaitis of the KTU National Innovation and Business Centre says young business is also being encouraged. Over the past five years, of the 67 start-ups founded by KTU, eight are actively involved in developing medical technology. There are now several KTU subdivisions working in the field of biomedical innovation: the Biomedical Engineering Institute, the Health Telematics Science Institute, the Professor Kazimieras Baršauskas Ultrasound Research Institute and the Institute of Material Science. In Santaka Valley, KTU has entered into a collaborative relationship with Kaunas Science and Technology Park.