Latvian Biotech Sector Study
Riga - The Latvian Investment and Development Agency recently published a new study on the Latvian biotech sector, according to which there are currently more than 50 biotech companies in the Baltic country. Following the results of the investigation the industrial output of bio-pharma in Latvia in 2002 was at Euro70 million value. The biopharma production sector could thus be classified as the ninth greatest at the rate of industrial output and one of the most rapidly growing. The study is available at www.liaa.gov.lv.