JSC Grindeks admitted in Latvia Biotechnology Association


In February JSC Grindeks has been admitted to Latvia Biotechnology Association
(LBA). Membership at the Association gives opportunity to the company to follow
all the current events of the field, to take part in promotion and development
of the industry as well as find ideas for perspective projects in
biotechnologies. 

As stressed out by Vitālijs Skrīvelis, Member of the board of JSC Grindeks  and
the new authorized representative at the Association:  “The chemically
synthesized medicals in new medical products creative process have to some
extent emptied  themselves and the science is continuing to develop rapidly,
seeking for new humans curing methods. The employment of Biotechnologies in
medical field opens opportunities for creation of new and effective medicines,
giving the possibility to cure such hard diseases as cancer, HIV etc.” 

By focusing to biotechnology, Grindeks testifies its readiness to provide a
sustainable development of science, research and technologies. Company can
boast of strong scientific potential - high rang professionals, who are working
with synthetic medicines, and by acquiring new knowledge and methods, could
successfully form industrial technologies in the field of biotechnologies in
future, pointed out V.Skrīvelis. 

The determination to turn to the perspective field of biotechnologies, Grindeks
acknowledged already in 2006, by concluding an agreement with Biomedical
Research and Study Centre of Latvia about mutual cooperation in carrying out
research and innovation activities. 

Grindeks is the leading pharmaceutical company in the Baltic States
specializing in the manufacturing and sales of heart and cardiovascular,
central nervous system and anti-cancer medications. Its concern consists of
four subsidiary companies in Latvia, Estonia and Russia as well as seven
representative offices. Products of the company are exported to more than 40
countries. Main markets - Baltic States, Russia and other CIS countries, Japan,
USA. Grindeks shares are listed in the Official list of Riga Stock Exchange. 

Information was prepared by:
Ilze Kreicmane
JSC Grindeks 
Acting Head of Communications Department
Office : 7083336
GSM : 26466681
e-mail : ilze_kreicmane@grindeks.lv
www.grindeks.lv