ASSORAM al CPHI Milano: “Building Partnerships between the Latvian and the Italian pharma professionals”

CPHI (1)

Last years’ geopolitical changes have been amending the pharmaceutical industry and market, making governments and businesses review their supply chain, business partners’ countries of origin and other vital aspects to ensure business continuation and provision of comprehensive medical services. Building partnerships and strengthening links with like-minded countries in the EU in trade, investments and innovations have become pivotal.

Recognising Italy’s excellence in life science we are determined with the assistance of ASSORAM to embark on establishing long-term partnerships where Latvia can share its know-how built over many decades and is renowned internationally.

Agenda

The event will take place on October 09th from 4 to 5.30 PM – stand Olpha Booth n. 16B50 pad. n. 16

Only associates

  • 4:00 – Registration
  • 4:15 – Remarks by H.E. Elita Gavele, Ambassador of Latvia to Italy
  • 4:20 – Remarks by Pierluigi Petrone, ASSORAM President and Prof. Alfredo Sassi, ASSORAM Vice President
  • 4:25 – Remarks by Guntis Rubins, Head of Representative Office in Italy of Latvian Investment and Development Agency
  • 4:30 – Life sciences and technologies in Latvia – Juris Bundulis, Chairman of the Board of Olpha JSC 
  • 4:40 – Investment opportunities and environment – Ieva Trumane, Senior Investment Advisor, LIAA Investment Department, Presentation about the 
  • 5:30 –Networking


Sing up here

Pharmaceutical market and industry in Latvia

  • In 2023 the life science industry turnover was  EUR 1,1 billion of which EUR 900,7 m was export;
  • The Latvian Institute of Organic Synthesis is the leading Baltic regional centre for drug discovery;
  • Local pharma companies can offer full cycle production from APIs (Active Pharmaceutical Ingredients) till FDFs (Final dosages forms), as well as contract manufacturing and development cooperation;
  • In 2024, it is projected that the revenue in the pharmaceuticals market in Latvia will reach EUR 304.6 m with an expected annual growth rate 3.63% between 2024-2029;
  • The largest market within the pharmaceuticals market industry is Oncology Drugs, which is expected to have a market volume of EUR 48,27m in 2024;
  • Latvia’s pharmaceutical market is witnessing a surge in demand for personalized medicine and innovative treatments.

Latvian companies participating

OLPHAOLPHA is the leading pharmaceutical manufacturer in the region. Almost 50 years of experience in the market allows JSC Olpha to focus on solving urgent medical problems, striving to improve the health condition and quality of life of people. The company’s product range, which is constantly being developed and expanded, includes 60 finished dosage forms, 25 active pharmaceutical ingredients and more than 20 intermediates, including medicines for the nervous system, cardiovascular health, as well as antiviral, antibacterial and anti-allergic products. Company, which manufacturing site is EU GMP certified, is expanding its product portfolio also in new therapeutical areas. More than 50+ new generic medicines are added to its portfolio with 30+ products under registration in EU markets. Olpha aims to become one of the TOP10 European pharmaceutical companies in its therapeutical areas.
Cooperation interests: agents, wholesalers, representatives, subsidiaries, supply and cooperation partners
Contacts: Ms. Linda Litina, Linda.Litina@olpha.euMORE INFORMATIONGRINDEXGRINDEX is the leading pharmaceutical manufacturer in Baltic States, headquartered in Riga, Latvia and operating since 1946. Grindeks product portfolio is successfully composed of original products, generics, and active pharmaceutical ingredients, all produced in line with the world-class requirements of safety and quality with focus on medications that treat cardiovascular, central nervous system, oncological, diabetic and skin diseases.
Cooperation interests: agents, wholesalers, representatives, subsidiaries, supply and cooperation partners
Contacts: grindeks@grindeks.comMORE INFORMATIONL.E.V.EKSTRAKTU RUPNICAL.E.V.EKSTRAKTU RUPNICA a food supplements and botanical extracts manufacturer with the experience since 1981.
Products: Food/dietary supplements in liquid forms – syrups, tinctures, mixtures, extracts, vitamins; Hemp derived cosmetics cannabidiol products; Cannabis extract and products with it; API – Medicinal Plant Extracts and Tinctures, Liquid extracts, soft extracts, and tinctures for food supplements; functional products manufacturing Botanical extracts and active specialties
Cooperation interests: retail companies, agents, distributors, and dealers; offers food supplement Contract Manufacturing
Contacts: Mr. PĒTERIS OZOLS, sales@lev-extracts.comMORE INFORMATIONLMPLMP a pharmaceutical manufacturing company that develops, manufactures, and sells finished dosage forms for topical use – solutions, gels, creams, and ointments – high-quality products used in dermatology, pain management, etc. GMP Certificate and Drug manufacturing license for an unlimited period.
Products: solutions, gels, creams, and ointments
Cooperation interests: wholesalers or distribution companies engaged in the purchase and distribution of pharmaceutical products
Contacts: Mr. MĀRTIŅŠ MIĶELSONS, info@lmp.lvMORE INFORMATIONLOTOS PHARMALOTOS PHARMA produces a wide assortment of dry forms of medicine and food supplement.
Products: dry forms of medicine; food supplement
Cooperation interests: Agents, wholesalers, representatives, subsidiaries, supply and cooperation partners
Contacts: Mr. KASPARS IVANOVS, office@lotos-pharma.comMORE INFORMATIONPHARM & MEDPHARM & MED is a food supplement producer which under brand LYL love your life®offers a clinically supported extensive range of high-quality supplements and health-related products.
Products: supplements; health-related products
Cooperation interests: Distributors who would distribute the LYL brand in their country; Customers who would take LYL brand products with their own brand products; Raw material producers
Contacts: Ms LAINE TUMOVA, laine@lyl.lvMORE INFORMATIONPHARMIDEAPHARMIDEA specializes in the development and GMP-certified production of sterile drugs.
Products: generic medications in therapeutic groups such as oncology, obstetrics, antifungal, cardiology, and anesthesia drugs
Cooperation interests: Pharmaceutical companies participating in selling oncological, gynecological, and other hospital products with experience participating in drug procurement tenders; final consumers – hospitals
Contacts: Ms. ILZE PRIKULE, ilze@pharmidea.lvMORE INFORMATIONPRINTY MEDPRINTY MED is a revolutionary medicine company that focuses on developing artificial spider silk for different medical applications. The PrintyMed artificial spider silk is mechanically stable, biocompatible, and safe for the human body, with a high surface-to-volume ratio and low immunogenicity. Despite the well-known applications of artificial spider silk, our team of scientists, engineers, and medical professionals are working together to create material that can be used to create 3D-printed living tissue. This unique approach to medicine has the potential to revolutionize the medical field and improve the lives of millions of people.
Applications: Cosmetics; Coatings for medical devices; Drug delivery systems; Tissue regeneration; 3D Bioprinting
Cooperation interests: looking forward to meeting potential customers, such as organ-on-a-chip solutions, medical devices, cosmetics, artificial organs, and scaffold producers.
Contacts: Ms Sandra Treide, info@printymed.comMORE INFORMATIONSOLEPHARMASOLEPHARMA is GMP-certified pharmaceutical manufacturer which offers more than 90 innovative products across 25 national markets in Europe and Eastern countries.
Products: herbal extracts; vitamins; minerals
Cooperation interests: pharmacy chains; wholesalers and potential product distributors; raw material distributors; manufacturers
Contacts: Mr. JURIS OZOLS, megija.mertena@solepharm.comMORE INFORMATIONSPODRASPODRA is an ISO 9001, ISO 14001, and ISO 13485 certified manufacturer. It is flexible and can develop products on order, even in relatively small quantities.
Products: hospital-grade disinfectants; repellents, insecticides; personal care goods; cosmetics; food supplements
Cooperation interests: Disinfectants and medical goods distributors, importers, wholesalers, pharmacy chains, hospitals, and other healthcare institutions.
Contacts: Mr. VALENTĪNS MUCENIEKS, rikra@sveiks.lvMORE INFORMATIONUNIFARMAUNIFARMA distributes medicines and other pharmaceutical products, medicinal products, food supplements, as well as food, cosmetics and perfumery products from Latvian, European and Asian manufacturers in the Baltics and Europe. We are representatives of the leading European and Asian manufacturers. All our medicines manufacturers work according to the Good Manufacturing Practice (GMP), which guarantees product quality by European Union regulations.
Contacts: Mr. PraveenKumar Singh praveen.singh@unifarma.lvMORE INFORMATION
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