The wave of medtech and biotech startups is rising fast
Lithuania has recently been rapidly establishing itself as one of the leading countries in biotechnology. According to data released this year by the OECD (Organisation for Economic Co-operation and Development), the country ranks third in the world regarding total investment intensity in research and development. Innovation development experts see a lot of potential for medtech startups in Kaunas, especially those that choose to grow in preacceleration programs.