PRECISION MEDICINE The Swedish Industry Guide 2018 - SwedenBIO

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PRECISION MEDICINE The Swedish Industry Guide 2018 - SwedenBIO
PRECISION
MEDICINE
The Swedish Industry Guide 2018

                                                                                  Mapping
                                                                              the Swedish
                                                                                 Precision
                                                                                 Medicine
                                                                                  Industry
                                                                                Landscape
COLLABORATION           MIKAEL DAMBERG,               5 HOT SPOT
FOR SUCCESS             MINISTER FOR ENTER­           REGIONS                          This report is published by
                                                                                 SwedenBIO with financial support from
                        PRISE AND INNOVATION          IN SWEDEN                    Business Sweden and Vinnova and
How AstraZeneca,                                                                  in collaboration with Arthur D. Little.

Pfizer and Thermo       “Contemporary life science    A vibrant start-up
Fisher Scientific are   is data and technolgy-        scene across Sweden
collaborating with      driven. Therefore,            with R&D driven small
Swedish companies       infrastructure and            sized companies in
and universities to     enabling technologies         close connection
ad­vance precision      are national priorities for   to Sweden’s major
medicine.               resource allocation”.         universities.
PRECISION MEDICINE The Swedish Industry Guide 2018 - SwedenBIO
“Swedish precision medicine
                                                         is a real area of growth and home
                                                                 to a vibrant start-up scene.”

Thank you!
We would like to express our special thanks to           Special thanks go to the following people              SwedenBIO project team
everyone who helped and contributed to making this       Carina Schmidt, CEO at Athera Biotechnologies,         Nicole Hanzon, MSc, Project Leader
report a reality, without whose contribution it would    Elisabeth Nielsen, Programme Manager, International    Susanne Baltzer, PhD, Senior Advisor
not have been possible to assemble the companies         Division at Vinnova, Karin von Wachenfeldt, CEO at     Sara Gunnerås, PhD, Editor,
and content presented in the report. Thanks are due      Truly Translational, Karl Bergman, CEO at Elypta,      sara.gunneras@swedenbio.se
to, by no means exclusively, to all the science parks,   Markus Thor, Investment Advisor at Business Sweden,
incubators, regions, other supporting organizations      Patrik Hidefjäll, Senior Researcher at the Bioentre-   SwedenBIO – The Swedish
and individuals who shared their valuable knowledge      preneurship Unit at the Karolinska Institutet, Per     Life Science Industry Organization
and insights.                                            Rydberg, CEO at Adduct Analys, Sara Malcus, CEO at     Wallingatan 24, 111 24 Stockholm, Sweden
                                                         Metabogen, Sirisha Adimatyam, CEO at Innovosens        Tel: +46 8 21 66 20, info@swedenbio.se
Special thanks go to the following organisations         and Ulrica Sehlstedt, Partner at Arthur D. Little.     www.swedenbio.se
Business Region Göteborg, Invest in Skåne, Medicon
Village, Sahlgrenska Science Park, Stockholm Science     Special thanks to our students from the Master’s       Graphic design: Andreas Hallbert, Greatland
City, Swelife, Umeå Biotech Incubator and Biotech        Programme in Bioentrepreneurship at Karolinska         Editorial support, proofing and copy:
Umeå, UppsalaBIO, Uppsala Innovation Centre.             Institutet: Mengjing Ke, Bing Vu and Rosa Willock      Angela Scott, COHELIX Ltd

Share the knowledge. Please cite as Precision Medicine – The Swedish Industry Guide 2018 (SwedenBIO). Download the report at www.swedenbio.se/reports
The content of this report is based on information gathered in good faith and is believed to be correct at the time of publication.
SwedenBIO can however provide no guarantee regarding the accuracy of this content or any misprints that may occur.
PRECISION MEDICINE The Swedish Industry Guide 2018 - SwedenBIO
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                                                                                          Precision Medicine – The Swedish Industry Guide 2018 SwedenBIO

The Swedish precision medicine
industry landscape at first glance
This report, published by SwedenBIO – the Swedish Life Science Industry Organization,
presents the results of the first mapping of the Swedish precision medicine industry
landscape. It is a guide to 76 companies, all of which are developing innovative products
and services with the potential of advancing the field. At the end of the report, there is
a listing of their relevant R&D projects as well as launched products.

T
              he precision medicine landscape is complex and        integrating multidisciplinary research areas will have the
              consists of overlapping and intersecting elements,    potential to really transform precision medicine in the future.
              including biomedical research, clinical informa-         Many global enterprises have a significant presence in
              tion, and lifestyle parameters, plus the enabling     Sweden with both R&D and manufacturing sites, as well
              tools of digital health, “-omics” technologies, and   as through their many collaborations with academia and
computational health sciences. How are Swedish companies            innovative Swedish companies. For this report, we asked
active in this field and contributing to realizing the promise      AstraZeneca, Pfizer and Thermo Fisher Scientific about their
of precision medicine? To gain more knowledge about this            perspective on precision medicine and how they take an active
SwedenBIO initiated a project mapping the Swedish industry          part in advancing the field through Swedish collaborations.
and the result is presented in this report.                         Finally, we have included a description of selected research in-
    Using our considerable network of organisations and indi-       frastructures, such as Science for Life Laboratory – a national
viduals around Sweden, we invited a wide selection of com-          resource for “-omics”-based research and development – to
panies to participate in a survey by describing their business      complete the picture by including a view of public sector effort
and research programmes. In parallel, we identified a range         in this field.
of additional companies through database searches and these            Our conclusion is that Swedish precision medicine is an
were also invited to participate. Details of this process can be    area of substantial growth and home to a vibrant start-up scene.
found in the methods section on the last page.                      In the last four years, 26 companies were established within
    In this first edition, we focused on Swedish companies          this area. The vast majority (97%) of companies are small
with a business-to-business model. Therapeutic projects were        with 50 employees or less. These companies are strongly
excluded as these are regularly presented in “The Swedish           connected to academia, with 72% having been spun out from
Drug Discovery and Development Pipeline” report1. Sweden            the academic sector. The spin-off clusters are located around
is also home to many high quality service providers and             Sweden’s larger cities with the majority originating from
business-to-consumer companies, also part of the precision          Karolinska Institutet in Stockholm, Lund University and
medicine landscape. In the future, we intend to revisit and         Uppsala University. Linköping, in the heart of southern
report on these latter groups of companies to complement the        Sweden, has developed into a national arena for analysis of
present picture.                                                    medical imaging using for example, artificial intelligence.
    We have primarily focused on companies developing
research tools suitable for stratification of patient subpopu-      Our report encompasses the following topics:
lations, diagnosis and/or prognostication of disease progress.      • A map of technologies used by the companies
Examples of such tools are: new validated biomarkers,               • Description of areas of rapid technology advancement
companion diagnostics, diagnostic assays based on “-omics”          •	Presentation of Swedish research infrastructures including
technologies, sequencing technologies or software programs             Science for Life Laboratory
for analysis of complex and large datasets.                         •	AstraZeneca, Pfizer and Thermo Fisher Scientific views on
    Secondly, we decided to highlight the outstanding Swedish          precision medicine and their presence in Sweden
research and development happening in complex data-com-             • The list of companies and their projects
puting, bio-imaging, bioinformatics, and large databases.
It is becoming increasingly apparent how these technologies         This report has been published with support from Business
are being transformed into companies developing new methods         Sweden, the Swedish Trade and Investment Council, and
based on machine learning and artificial intelligence. These        Vinnova, the Governmental Agency for Innovation, and in col-
IT-intensive companies are developing advanced imaging              laboration with management consulting firm, Arthur D. Little.
techniques using CT, MRI, PET or microscopy, or developing
advanced bioinformatic programming and decision support             1. L
                                                                        earn more about Swedish Drug Discovery and Development at
                                                                       www.swedenbio.se/reports
software programmes. We envisage that these efforts of

                                                                                                                                                      3
PRECISION MEDICINE The Swedish Industry Guide 2018 - SwedenBIO
CONTENT
                                                                FOREWORDS BY

                             6
                                                                  5 SwedenBIO, the life science
                                                                		 industry organization
                                                                  6 Mikael Damberg,
                                                                		 Minister for Enterprise and Innovation
                                                                  7 Business Sweden, the Swedish Trade
                                                                		 and Investment Council
                 Foreword by Mikael Damberg                       7 Vinnova, the Governmental Agency
             Minister for Enterprise and Innovation             		 for Innovation
    “Contemporary life science is data and technology-driven.
     Therefore, infrastructure and enabling technologies are    WHAT IS PRECISION MEDICINE?
            national priorities for resource allocation”          8 Introduction by Arthur D. Little
                                                                 16 Stratification of patients and
                                                                		 development of new technologies
                    Learn more about the first                  PRECISION MEDICINE IN
                    mapping initiative of the                   SWEDEN AT A GLANCE
                    Swedish precision medicine                   12 Strong academic connections
       12           industry landscape!                          13 Five Swedish hot spots
                                                                 14 Small companies driving innovation

                                                                THERAPEUTIC AND
             Highlight: Biomedical imaging                      TECHNOLOGY HIGHLIGHTS
                      Linking basic molecular                    20 Oncology
              studies with phenotypic clinical                   24 The fight against infectious diseases
                 manifestations of disease to
                                                    26
                                                                 26 Imaging in the era of precision medicine
             promote an accurate diagnosis.                      32 Cutting-edge technologies in biopsy

                                                                NATIONAL RESOURCES
                    An exclusive list of 76 companies           AND PLATFORMS
                    developing innovative products               40 Science for Life Laboratory
                    and services that have                       40 Human Protein Atlas
                    the potential of advancing the               42 National biobanks and quality registers
       18           precision medicine sector.
                                                                GLOBAL COLLABORATIONS
                                                                 30 Pfizer
                        Highlight: Oncology                      34 Thermo Fisher Scientific
             The increased understanding of                      43 AstraZeneca
              the biology of different cancers
          is now leading to the development                     COMPANIES AND PROJECTS/PRODUCTS
                  of new diagnostic methods.        20           18 Companies A-Z
                                                                 44 List of more than 200 projects

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                                                                                           Precision Medicine – The Swedish Industry Guide 2018 SwedenBIO

SwedenBIO –
the life science
industry
organization
We are always open to collaboration and we hope this report
will serve as an invaluable source of information for companies,
investors and other parties seeking collaboration and business
opportunities in Sweden in this exciting area.

S
              weden is ranked as one of the        and growth to our life science industry.
              most innovative countries in the     To accomplish this, SwedenBIO is active in
              world. Our strong academic base      the public debate and represents the industry
              and world-leading infrastructure     in a continuous dialogue with authorities
              for research form the basis for a    and politicians. We facilitate the building of
successful and innovative life science industry    professional networks and hold several inspi-
accounting for nearly ten percent of our           rational and educational meetings, round table
net export. The sector is highly prioritized,      discussions, workshops and informal get-to-
and the government recently established a          gethers throughout the year. SwedenBIO’s
permanent office for life sciences within the      investor-only meeting – vc2vc – encourages
Government Offices in order to generate a          investors in life sciences to co-invest in each
coordinated policy, clearer priorities and a       other’s portfolio companies. Nordic Life
higher pace in working towards a competitive       Science Days, SwedenBIO’s international in-
life science sector in Sweden.                     vestor and partnering meeting, held annually
    As outlined in this report, the tradition of   in September, has rapidly grown to become                       Jonas Ekstand, PhD
innovation development continues to thrive         the largest business meeting in the Nordic                      Director General SwedenBIO
in precision medicine, an area where Swedish       region. This event will next take place on
companies are developing novel products and        September 10-12, 2018 in Stockholm
technologies for a global market. Accessible       (www.nlsdays.com) and is by far the most
biobanks, quality registers and well-developed     efficient way to meet the Swedish life science
platforms for interaction between academic         community and its many innovative companies.
scientists, clinicians and companies together         We are grateful to our partners for making
with our early-adopter mindset, all contribute     the production of this report possible and wish
to making Sweden an ideal location for R&D         you, as a reader, an informative and enjoyable
in precision medicine.                             insight into how Swedish companies contrib-
    SwedenBIO is the national association for      ute to advancements in precision medicine.
the life science industry in Sweden with close
to 250 member companies. Our mission is to         Visit us at www.swedenbio.se and www.nlsdays.com
promote an environment which brings success

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SwedenBIO Precision Medicine – The Swedish Industry Guide 2018

                                                                            “The Swedish government
                                                                                 is strongly committed
                                                                              to supporting continued
                                                                             rapid development in the
                                                                                     life science sector”

S
                                                                                                                                      Photo: Kristian Pohl

              weden is a major player                                                                       Contemporary life science is data- and
              on the life science arena,                          “In February 2018, an                     technology-driven. Therefore, infra-
              offering a thriving life                                                                      structure and enabling technologies are
              science environment which                           Office of Life Science                    national priorities for resource alloca-
              is technology-driven and                            was established in the                    tion. A state-of-the art e-infrastructure
characterised by close collaboration                              Government Offices”                       is being created to facilitate coordinated
between academia, health care, in-                                                                          and efficient use of the unique biobanks
                                                                              Mikael Damberg
dustry and patient organisations. As a                             Minister for Enterprise and Innovation
                                                                                                            and national registers. The Science for
logical consequence of this, life science                                                                   Life Laboratory is a leading national
is a dominating line of business and a                                                                      and international infrastructure and
cornerstone of the Swedish economy.                          a national strategy for life science.          research environment for molecular
Supporting research, innovation and                              The digitalisation revolution has          biosciences and drug development that
co-creation in the life science sector has                   been a prerequisite for efficient handling     receives long-term government support.
been a long-standing strategic priority                      of ‘big data’ arising from the new             MAX IV and the European Spallation
of the Swedish government.                                   technologies and will continue to speed        Source (ESS), two major investments in
   The threats to human health are                           up progress in life science and clinical       high-resolution imaging, support a wide
escalating rapidly across the globe,                         medicine. Here, Sweden has compet-             range of scientific areas and have been
rendering human health a major global                        itive advantages. Our public health            set up as core national and European
challenge. Accordingly, in 2015, our                         care system, along with the personal           infrastructures.
National Innovation Council, which is                        identification numbers introduced in              Precision medicine targets diagnosis
chaired by the Prime Minister, launched                      1947, has made generation of unique,           and treatment tailored to the individual.
an innovation partnership programme                          comprehensive patient registers and            Joint efforts in this area will result
in life science to further accelerate                        functional biobanks possible. Sweden           in improved health, strengthened
progress in research and innovation,                         is also internationally lauded for             international competitiveness for all
and promote co-creation involving all                        its performance in information and             stakeholders, increased export and new
major stakeholders. And, in February                         communication technology, including            investments in Sweden. The Swedish
2018, an Office of Life Science was                          technologies for managing big data and         government is strongly committed to
established in the Government Offices,                       mobile technologies that hugely benefit        supporting continued rapid develop-
a first assignment of which is to develop                    the Swedish life science sector.               ment in the life science sector.

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PRECISION MEDICINE The Swedish Industry Guide 2018 - SwedenBIO
Business Sweden

The gateway
to business
in Sweden
Expect great things of Sweden!
In Sweden you will find a proven, business friendly envi-
ronment that is characterized by forward thinking, sharp
brains and open minds. Sweden is considered to be one of
the world’s most prominent research nations and provides
full access to Europe. It is a place where not only will you                Elisabet Nielsen, Programme Manager, International Division.
                                                                            Laurent Saunier, Head of Department, Health Division.
get quality and efficiency beyond your expectations, but also
stability and sustainability by default.
   Life sciences is a sector of high strategic importance to                Vinnova

                                                                            Sweden –
Sweden. The foundation that underpins innovation in the
Swedish life sciences sector is the fruitful collaboration

                                                                            an innovation
between academia, industry and healthcare, where all stake-
holders demonstrate an open-minded and boundary-span-
ning approach. Our long track record of investing heavily in

                                                                            leader
research and development has borne fruit and is yet another
reason to choose Sweden for life science business develop-
ment, licensing, partnerships or direct investments.

About Business Sweden
Business Sweden’s purpose is to help Swedish companies to
                                                                            According to the Global Innovation Index1, Sweden is rated
grow their international revenues and international compa-
                                                                            as the second most innovative country in the world. It offers
nies to invest and expand in Sweden. For Swedish companies,
                                                                            an environment where you can find entrepreneurship, strong
we provide strategic advice, sales execution and operational
                                                                            R&D clusters, and a thriving start-up scene.
support. For international companies we ensure that they can
rely on our knowledge, experience and extensive network
                                                                            Supporting innovation
to identify new business opportunities and achieve an accel-
                                                                            Vinnova, the governmental agency for innovation, funds
erated return on investment. Business Sweden is present in
                                                                            innovation and research projects. Every year, the agency
50 of the world’s most promising markets and owned by the
                                                                            invests around SEK 3 billion (> USD 371 million) in pro-
Swedish Government and commercial sector, a partnership
                                                                            moting innovation. Funds are generally allocated using a
that provides access to contacts and networks at all levels.
                                                                            “calls for proposals” system.
Visit us at www.business-sweden.com
                                                                               Precision medicine is an interdisciplinary field that is
                                                                            expected to drive the health research and innovation agenda
                                                                            for years to come. To continue enabling advances in this
                                                                            sector to be made, Vinnova stimulates collaboration be-
                                                                            tween companies, universities, higher education institutions,
                                                                            public services and civil society, as well as working to
                                                                            strengthen international cooperation.
                                                                               Vinnova is a member of the EC-funded network
                                                                            “The International Consortium for Personalised Medicine”
                                                                            (ICPerMed)2. In addition, we fund projects in this field via
                                                                            our national programmes such as the Strategic Innovation
                                                                            Programmes (SWELife and Medtech4Health) and Chal-
                                                                            lenge Driven Innovation. We are also engaged in promoting
                                                                            international calls for propsosals under the Horizon 2020
                                                                            framework, as well setting up a Nordic call for proposals
                                                                            within Personalised Medicine.

                                                                            Visit us at www.vinnova.se

                                                  Photo: Patrick Trägårdh
Ulrika Cederskog Sundling                                                   1. Global Innovation Index 2017 Report, www.globalinnovationindex.org
Executive Vice President Invest & Region Sweden                             2. ICPerMed www.icpermed.eu

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SwedenBIO Precision Medicine – The Swedish Industry Guide 2018

PRECISION
MEDICINE
Providing the right treatment to the right patient
at the right dose and the right time.

T
              he advent of “precision medi-                                                  announced the Precision Medicine Initiative,
              cine” has long been predicted                                                  launched with a $215 million governmental
              – essentially ever since, when in                                              backing in the presidential 2016 Budget to
              1990, scientists began decoding                                                advance precision medicine in the USA. In the
              the human genome. There is no                                                  EU, the European Commission has invested
‘single’ definition of the concept of precision                                              heavily into precision medicine within the FP7
medicine, but one that has gained strong                                                     and Horizon 2020 frameworks, alongside
support is that precision medicine is defined as                                             other several major national initiatives such
the stratification of patients into groups based                                             as Genomics England, France Medécine
on biological information and biomarkers at                                                  Genomique and the Danish National Strategy
the molecular level as a result of our increased                                             for Personalized Medicine. And in Asia,
understanding of disease pathways and within                                                 countries like South Korea have declared that
the fields of genomics, proteomics, metabo-                                                  the government will establish obligatory data
lomics, epigenomics and pharmacogenomics,                                                    platforms and ease regulations to encourage
thus allowing doctors and drug makers to                         Ulrica Sehlstedt, PhD
                                                                                             innovation in precision medicine. In Sweden,
match a patient to a drug that is likely to                      Partner, Arthur D. Little   initiatives such as Genomic Medicine Sweden
work. That is, precision medicine aims at                                                    are in progress, aimed at building a new type
improving the targeting of drug treatment to                                                 of infrastructure in the Swedish healthcare
boost the efficacy of drugs and to reduce their                                              system by the introduction of new genetic
adverse reactions. It is not just about devel-                                               screening technologies to enable implemen-
oping new drugs but also about identifying                                                   tation of precision medicine throughout the
those patients who are most likely to respond                                                country. A further example is the recent
to existing products, and therefore aimed at                                                 significant investment in precision medicine
reducing the number of ineffective therapies                                                 in oncology by the Sjöberg Foundation in
clinicians may need to test on a patient before                  “The opportunities          collaboration with the Swedish Regional
finding the right one. Although the term                          within precision           Cancer Centers.
’personalized medicine’ is also sometimes used                    medicine have                 Delivering on promises with precision
to describe this process, it actually denotes a                                              medicine is inextricably linked to technolog-
unique treatment designed and manufactured                        attracted much             ical advancement of biomarker technologies,
for an individual patient, as for example, the                    interest, not only         digitalization and big data management.
Novartis chimeric antigen receptor therapy                                                   The steep decrease in the cost of sequencing
(Car-T).
                                                                  from scientists,           a genome has played, and still does play an
   The opportunities within precision med-                        drug makers and            important part in advancing the field, as do
icine have attracted much interest, not only                      patients but also          the high speed development and application
from scientists, drug makers and patients but                                                of data mining, artificial intelligence (AI) and
also from funders and decision makers. In
                                                                  from funders and           machine-learning to predict which patients
2015, former US President Barack Obama                            decision makers”           will respond to specific therapies. The in-

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PRECISION MEDICINE The Swedish Industry Guide 2018 - SwedenBIO
New paradigm shift in treatment
                                     Transitioning from the ”One-size-fits-all” to ”Precision Medicine” model
                                                      with multi-level patients stratification.

            One-size-fit-all                                                                                       Precision
              medicine                                                                                             medicine

          Patients are grouped by:                                                                            Individual patient level:
          • Disease Subtypes                                                                                  • Genomics and Omics
          • Risk Profiles                                                                                     • Lifestyle preferences
          • Demographics                                                                                      • Health History
          • Socio-economic                                                                                    • Medical Records
          • Clinical Features                                                                                 • Compliance
                                                  Precision medicine is about the stratification
          • Biomarker                                                                                         • Exogenous Factors
          •	Molecular
                                                   of patients into groups, based on biological
             sub-populations                  information and biomarkers at the molecular level –
                                                to match a patient to a drug that is likely to work.

creasing availability and selection of devices            drugs and associated diagnostic tools. Being          “Sweden, with its
and wearables for collecting “real-world”                 able to prove the value of the associated
data from patients means that biomarker                   improvement in care quality or health out-             long tradition in bio-
information can be combined with data about               comes will become increasingly important for           molecular research
individual differences in lifestyle and environ-          drug and diagnostic suppliers if they are to           and its comprehen-
ment to provide researchers with further tools            obtain approval for their precision medicine
to discover paths towards delivering precision            solutions, and also have them reimbursed and           sive biobanks and
medicine.                                                 implemented in the market.                             quality registers, is
    Precision medicine has the potential to                  Sweden, with its long tradition in bio-
fundamentally alter the existing business                 molecular research and its comprehensive
                                                                                                                 very well positioned
logic in the healthcare landscape in several              biobanks and quality registers, is very well           as a front runner in
ways – by creating a more segmented market                positioned as a front runner in the field of pre-      the field of precision
through increased interdependency between                 cision medicine. In this report, we highlight
industrial partners and by the expected tran-             Swedish companies that currently innovate,
                                                                                                                 medicine.”
sition from volume-based payment towards                  develop and supply researchers and drug mak-
outcome-based payment. One of the major                   ers with all the important tools and technol-
determining factors which will either drive or            ogies that are a prerequisite for the discovery,
hinder the broader uptake of precision med-               development and implementation of precision
icine is whether or not healthcare providers              medicine for the benefit of patients in Sweden
will be adequately reimbursed for using the               and elsewhere.

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PRECISION MEDICINE The Swedish Industry Guide 2018 - SwedenBIO
The future of tailored treatment is about
HAVING A BETTER
UNDERSTANDING
OF BIOLOGICAL
MECHANISMS AND
ENVIRONMENTAL
INTERACTIONS
10
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SwedenBIO Precision Medicine – The Swedish Industry Guide 2018

An initial map of
the Swedish precision
medicine industry
In this report, we have prepared a guide to 76 companies developing
innovative products and services that have the potential of advancing the
precision medicine sector. The companies are clustered in five major regions,
where the capital region Stockholm-Uppsala is home to almost 50%.
The vast majority has been spun out of academic institutions.

Commercialisation of academic                                Karolinska Institutet                      Strong association to incubators
research – 72% of companies are                              Adduct Analys, Affibody, Athera            and science parks
university spin-offs                                         Biotechnologies, AroCell, Chundsell        In close connection to the universities,
Nearly three out of four companies in                        Medicals, Clinical Gene Networks,          the incubators and science parks provide
this report have been founded based on                       CyberGene, DoubleStrand                    start-ups with relevant business tools
research and innovative technologies                         Bioinformatics, iCellate Medical,          in the commercialisation process. It is
developed at academic institutions.                          InDex Pharmaceuticals Holding,             therefore no surprise that about 50% of
Sweden has the second highest R&D                            Pelago Bioscience and VLVbio.              the companies are associated with an
expenditure in Europe as a percentage                                                                   incubator or science park. The densest
of GDP1 and a well-established academ-                       Lund University                            innovation hubs are naturally collocated
ic and corporate research culture. The                       Akuru Pharma, Diaprost, Immunovia,         with Sweden’s most populated regions
proximity between the universities and                       Medviso, Qlucore, Reccan Diagnostics,      and largest universities, with the princi-
the healthcare sector, as well as the pub-                   Respiratorius, SAGA Diagnostics,           pal ones being the SMILE incubator and
lic research infrastructures, are plausible                  SensoDetect, SenzaGen, Spectronic          Medicon Village Science Park in Lund,
reasons why so many academic inno-                           Medical.                                   and the Karolinska Institutet Incubator
vations are now being commercialised.                                                                   and Science Park in Stockholm.
Below is a list of companies spun out of                     Uppsala University
the major universities.                                      Astrego Diagnostics, BioArctic, Biovica,
                                                             CADESS Medical, CRAY Innovation,
                                                             Gradientech, Olink Bioscience, Olink
                                                             Proteomics, Q-linea.

                                                             Chalmers Technical University and
                                                             Gothenburg University
                 How did                                     1928 Diagnostics, Alzinova, Eigenvision,
               the company                                   Elypta, Medfield Diagnostics,
                   start?                                    Metabogen, Multid Analyses, PExA
                                                             and TATAA Biocenter.

                                                             Linköping University
                                                             AMRA Medical, BioReperia,
                                                             ContextVision, Glycobond and Sectra.

  Spin-off from academia, 55
                                                             Umeå University                            1. B
                                                                                                            usiness Sweden, Why Sweden leads the
  Independent, 17                                            AcureOmics, HiloProbe, InfiCure and           innovation game (www.business-sweden.se/en/
  Other, 4                                                   UmanDiagnostics.                              Invest/industries/Manufacturing/innovation)

12
76
companies within precision medicine

50%
associated with incubators or science parks

72%
spin-offs from academia

                                                                          7%     Umeå
                                                                                 Region

Five Swedish hot spots
for precision medicine
development in Sweden
The capital region of Stockholm together
with its northern neighbour Uppsala, are
home to almost half of the 76 companies
included in this report. More than one

                                                          47%
fourth of the companies are located in the
southern Malmö-Lund region, followed
by 14% in the Gothenburg region and                                                 Stockholm/
7% in the Umeå region. Linköping region                                             Uppslala
also hosts 5% of the companies, mainly                                              Region
within imaging technologies.

                                Göteborg
                                  Region     14%
                                                     5%   Linköping
                                                          Region

                                               26%
                                                                      1% Other
                                  Malmö/Lund
                                      Region

                                                                                             13
Small
     companies –
     driving
     innovation

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                                                                                                         Precision Medicine – The Swedish Industry Guide 2018 SwedenBIO

A
                ll but two of the 76 companies                  swer to the question as to which competencies                    As many as 77%
                presented in this report, Elekta                were being sought, the response was that the
                and Sectra, have less than 50                   highest demand is for expertise in bioinfor-                     of the companies
                employees (n=74) and most of                    matics and software skills, and interestingly                    plan to recruit more
                these can be classed as micro- or               also, several companies are looking for skills                   staff, and 47% plan
virtual companies (n=61). These small research                  in artificial intelligence.
based companies, are part of the vibrant Swedish                                                                                 to increase their
start-up scene, which is further fuelled by a                   26 companies founded over                                        number of special-
well-established network of funding organisa-                   the last four years
tions, support organisations such as incubators                 The high activity within the area of precision
                                                                                                                                 ised consultants/
and science parks, contract research organiza-                  medicine is manifested by the significant num-                   contractors
tions and other expert service providers. This                  ber of newly founded companies measured
all contributes to Sweden’s well-established                    over the last four years. On average, more
position as a global innovation leader, which is                than 6 new companies were founded each year
due to the country’s attractive research infra-                 (2014: +7; 2015: +5; 2016: +10; 2017: +4).
structure, high-level of competence and skills,
as well as a flourishing, cross-disciplinary
learning and testing environment.1                               2014                 2015                        2016                        2017
   Elekta and Sectra are the two largest Swedish                 1928 Diagnostics     Bionamic Data Consulting    Akuru Pharma                Astrego Diagnostics
companies active in the field of precision                       Antaros Medical      BioReperia                  CADESS Medical              CartaNA
medicine. These two companies employ about
                                                                 CRAY Innovation      Eigenvision                 Doctrin                     DoubleStrand
250 people each in Sweden, and 3581 and
                                                                                                                                              Bioinformatics
616 worldwide, respectively. Together, the 76
                                                                 Gnosco               EMPE Diagnostics            HiloProbe                   Elypta
companies mentioned in this report employ
the equivalent of 1000 FTEs in Sweden.                           Life Genomics        Neodynamics                 InDex Pharmaceuticals
                                                                                                                  Holding
   We asked the companies how they see their
company developing over the next three years,                    PExA                                             Liv Diagnostics
and more specifically if they plan to recruit                    Reccan Diagnostics                               Medsens
within their R&D departments. As many as                                                                          Olink Proteomics
77% of the companies plan to recruit more                                                                         Oncosignature
staff, and 47% plan to increase their number
                                                                                                                  Saga Diagnostics
of specialised consultants/contractors. In an-

                                                                                                                                 N. B. Companies InDex Pharmaceu-
 The majority of the 76 companies have less than 50 employees
                                                                                                                                 ticals Holding and Olink Proteomics
                                                                                                                                 were registered in 2016, but existed
                                                                                                                                 previously in the form of other
                                                                                                                                 company structures.

                 61

                                          13
                                                                         0                          2                            1. B
                                                                                                                                     usiness Sweden, Why Sweden
                                                                                                                                    leads the innovation game
                  0–10                     11–50                        51–200                  >200
                  Micro                    Small                        Medium                  Large                               (www.business-sweden.se/en/
                                                                                                                                    Invest/industries/Manufacturing/
                                                                                                                                    innovation)

                                                                                                                                                                    15
|
SwedenBIO Precision Medicine – The Swedish Industry Guide 2018

Stratification of patients
and development of new
technologies is on the agenda
for Swedish companies
We are all unique. Our health is determined by our inherent genetic differences
combined with our lifestyles and environment. Precision medicine is about
having a better understanding of biological mechanisms and environmental
interactions that govern health and disease.

V
                arious diagnostic meth-                      Based on the data provided by the com-       technologies are also placed in this
                ods and instrumentation                      panies participating in the survey, it can   group.
                platforms serve to facili-                   be concluded that Swedish companies             The companies were asked if their
                tate our ability to identify                 in the field are numerous and work           technological sectors are typical for
                changes in the human                         across a broad spectrum of research and      precision medicine. The top five tech-
body. It is the combination of the infor-                    methods. For purposes of this report,        nologies listed were bioinformatics,
mation we observe or diagnose by these                       they have been divided into groups           data management (big data), machine
means, and our increasing knowledge                          with the focus being on two groups of        learning, patient monitoring and predic-
of human biology (through ongoing                            companies:                                   tive analytics. For more information,
advances in “-omics” technologies) that                         – Those working with stratification       see page 18-19.
enables us to determine our individual                       of patients based on genetic and pheno-         Sweden is home to outstanding
risk of developing disease, detect illness                   typic patterns.                              research and development in complex
earlier, and to choose the most effective                       These include companies developing        data computing, bioinformatics and
interventions to help improve our                            methods and products for: companion          large databases, and these technologies
health, be it through medicines, lifestyle                   diagnostics, biomarker discovery and         are now being translated into compa-
choices, or even simple changes in diet.                     validation, molecular diagnostics, muta-     nies developing new methods based
   A model for describing the over-                          tion analysis by sequencing, expression      on artificial intelligence or machine
lapping and intersecting elements that                       profiling, bioinformatics, genomics,         learning. These IT-intensive companies
make up the field of Precision Medicine                      proteomics, pharmacogenomics,                are developing advanced imaging
are shown in the diagram in this sec-                        metabolomics, translational imaging          techniques using CT, MRI, PET or
tion. The figure depicts these individual                    with PET-ligands, or next generation         microscopy, or developing advanced bi-
elements, which include biomedical                           sequencing (NGS) of whole genomes.           oinformatics programming and decision
research, clinical information, and life-                       – Those working on development of         support software programmes.
style parameters, plus the enabling tools                    new technologies and instrumentation.           Big data analytics, based on the
of digital health, “-omics” technologies,                    These companies are primarily devel-         wealth of information held in Sweden’s
and computational health sciences.                           oping new diagnostic methods such as:        large and numerous databases, is be-
When integrated, these elements can                          sampling techniques (biopsies), patient      coming an important area of research
inspire the development of new research                      monitoring, bio-imaging and medical          in precision medicine. Handling large
and technologies which eventually can                        imaging and clinical-decision support        amounts of data requires the type
lead to more precise and predictive                          systems. Companies developing new            of new software development that is
healthcare.                                                  software and advanced programming            needed for artificial intelligence (AI)

16
Information                              Discovery                                Knowledge
                     INDIVIDUALS                RESEARCH            ENABLING TOOLS                  INTEGRATE,
                                                                                                  INTERPRET AND
                                                                                                     VISUALIZE
                                                                                                 COLLECTED DATA

                                              Basic      Clinical   Digital      Omics
                                            Discovery   Discovery   Health    Technologies

                                              Social/Behavioral       Computational
                                                 Discovery               Health

                                                                                                        Genomics

                                                                                                       Microbiome

                    POPULATIONS
                                                                                                        Exposures

                                                                                                        Behaviors

                                                                                                       Clinical Tests

                                                                            MORE PRECISE            Patient Contributed
                                                                                                            Data
                                                                       DIAGNOSTICS, TREATMENTS
                                                                           AND PREVENTION

 Adapted from Precision Medicine at UCSF.

and machine learning programs. AI and
machine learning algorithms are now
also being applied to practices such as
diagnostic processes, treatment protocol
development, patient monitoring and care.
   We also asked the companies about
their projects and products. The major-
ity have applications in specific therapy
areas. The strongest area is by far on-
cology followed by infection. New diag-
nostic tools for Alzheimer’s disease and
cardiovascular diseases are also in focus
for several companies. In addition to
disease specific tools, several companies
are developing new instrumentation
for improved bio-imaging techniques
as well as technologies within biopsy
instrumentation. All the projects and
                                                                                                  This “wordle” captures and measures
products reported by the companies,                                                               the words used by the companies
totalling more than 200, are listed on                                                            when describing the applications of
the last pages.                                                                                   their products.

                                                                                                                                    17
|
SwedenBIO Precision Medicine – The Swedish Industry Guide 2018

COMPANIES A-Z

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               Company                             29     28      25     23      23          17       14        13    13        11    11        10       9        9        7       6     6         6     6        5       4      20
               1928 Diagnostics                                                                                                                                                                    

               AcureOmics                                                                                                                                            

               Adduct Analys                                                                                                                                                                      

               AMRA Medical                                                                                                       

               Affibody                                                                                                               

               Akuru Pharma                                                                                                                                      

               Alzinova                                                                                                                                                         

               Antaros Medical                                                                                                                                                                                                  

               AroCell                                                                                                                                                                                                          

               Ascelia Pharma                                                                                                                                                                                                     

               Astrego Diagnostics                                                                                                             

               Athera Biotechnologies                                                                 

               Atlas Antibodies                                                                      

               Axcentua Pharmaceuticals                                                                                                                                                        

               BioArctic                                                                                                                                                                                                     

               Biomotif                                                                              

               Bionamic                                                                                         

               BioReperia                                                                                                                                                                   

               Biovica                                                                                               

               CADESS Medical                                                             

               Calmark Sweden                                                                                                                                                                                                      

               CartaNA                                                                                                                                                                                                   

               Chundsell Medicals                                                                             

               Clinical Gene Networks                                                                         

               ContextVision                                                                                                                                                                                                    

               Corpus Data & Image Analysis                                      

               CRAY Innovation                                                                                                                             

               CyberGene                                                                                                                                                                                                           

               DanPET                                                                                                                                                                                                    

               Diaprost
               Doctrin                                                                    

               DoubleStrand Bioinformatics                                                                                                                                                             

               Eigenvision
               Elekta
               Elypta                                                                                                                                                  

               Emotra                                                                                                                                                                                                            

               EMPE Diagnostics                                                                                                                                                       

               Glycobond                                                                                            

18
We listed a selection of technologies typical for precision medicine and asked the companies to mark relevant
areas for their business. The result is outlined below. The following companies did not participate in the web-
based questionnaire, but do touch upon precision medicine and are therefore also briefly mentioned in the report:
Alpha Biotech, Apodemus, BiBBInstruments, Cavidi, Chromalytica, Hermes Medical Solution, ImaGene-iT,
Molecular Fingerprint Sweden, Phase Holographic Imaging, Sensabues, SyntheticMR.

                                                                                                                                               S)
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                                                                                                                                        G
 Company                              29    28       25    23       23         17       14        13    13        11    11        10       9        9        7       6     6         6     6        5       4      20
 Gnosco                                                                      

 Gradientech                                

 HiloProbe                                                                                                                                                                                                           

 iCellate Medical                                                                                                                                                                  

 Immunovia                                                                            

 InDex Pharmaceuticals Holding
 InfiCure Bio                                                                                                                     

 Life Genomics                                                                                                                                                                      

 Liv Diagnostics                                                                                                                                                                                                   

 Lytics Health                                                                                                                                                                                                 

 Medfield Diagnostics                                                       

 Medsens                                                                                                                                                            

 Medviso                                                                                                                                                                                                          

 MetaboGen                                                                                                                                                                            

 Multid Analyses                                                                                                               

 Neodynamics                                                                                                                                                                                                         

 Olink Bioscience                                                                                                                                                    

 Olink Proteomics                                                                                

 OncoSignature                                                                                                    

 Pelago Bioscience                                                                                                                                                                                             

 PExA                                                                                                                                                  

 Q-linea                                                                                                                                                                                                      

 Qlucore                                                                                                       

 Reccan Diagnostics                                                                                                                                                                             

 Redhot diagnostics
 Respiratorius
 SAGA Diagnostics                                                                                                                                                                 

 Sectra                                                                                                                                                                                                          

 SensoDetect                                                               

 SenzaGen                                                                                                                                         

 Single Technologies
 Spago Nanomedical                                                                                                                                                                                                   

 Spectronic Medical                                                                                                                                                                                              

 Symcel                                                    

 TATAA Biocenter                                                                                                                                                                        

 Truly Translational Sweden                                                                                                    

 UmanDiagnostics                                           

 VLVbio                                                                                                                                                                                                              

                                                                                                                                                                                                                                    19
|
SwedenBIO Precision Medicine – The Swedish Industry Guide 2018

ONCOLOGY
The inceased understanding of the biology of different cancers is
now leading to the development of new diagnostic methods.

A
               ccording to the World Health                      The future is approaching
               Organization (WHO) cancer is,                     The arrival of next-generation sequencing                   Since no
               after ischemic heart disease and                  (NGS) has accelerated the implementation of
               stroke, the second leading cause                  genomic profiling in the care and management
                                                                                                                        validated serum
               of morbidity and mortality                        of patients with cancer. Initial efforts have fo-       biomarkers for
worldwide. Cancer was responsible for 8.8                        cused on target identification in patients with         breast cancer
million deaths in 2015. The number of new                        advanced cancer. Prognostication, resistance            have yet been
cases of cancer is expected to rise by about                     detection, disease monitoring, and early detec-
70% in two decades, from 14 million in 2012                      tion efforts are also underway.                            identified,
to 22 million by 2030.                                              Our increased understanding of the biology          there is a great
   Lung, prostate, colorectal, stomach and                       of different cancers is now leading to the               clinical need
liver cancer are the most common types of                        development of new diagnostic methods for
cancer in men, while breast, colorectal, lung,                   detecting biomarkers specific for certain can-
                                                                                                                           for a better
cervix and stomach cancer are the most com-                      cers and different stages of the cancer.                 non-invasive
mon among women.                                                                                                        test that allows
                                                                 Improved diagnostics in breast cancer                        correct
Finding and treating cancer at an                                Breast cancer is one of the most common
early stage can save lives                                       cancers with more than 1,300,000 cases and                 diagnosis
Cancer mortality can be reduced if cases are                     450,000 deaths occurring annually world-
detected and treated early. Screening pro-                       wide.1 Breast cancer diagnostics today include
grammes and early diagnosis are two major                        the diagnostic management of the breast as
components of early detection. Figures from                      well as the axillary lymph nodes. Since no
Cancer Research UK suggest that more than                        validated serum biomarkers for breast cancer
90% of women diagnosed with breast cancer                        have yet been identified, there is a great clin-
at the earliest stage survive their disease for                  ical need for a better non-invasive test that
at least 5 years compared to around 15% for                      allows correct diagnosis as well as prognosis
women diagnosed with the most advanced                           and recurrence.
stage of the disease.                                               Prediction of the risk of the cancer reoc-
   The promise of precision medicine is that                     curring, especially in parts of the body distant
treatments will one day be tailored to the                       to the breast, is difficult using current clinical
genetic changes in an individual’s cancer.                       and histopathological parameters. Conse-
Information about genetic changes in a                           quently, a number of patients are over and/
tumour will help decide which treatment will                     or non-optimally treated, resulting in largely
work best for that person. However, it is now                    unnecessary side-effects for patients and
known that cancer is an extremely hetero-                        increased costs for healthcare providers. Thus,
geneous disease, which explains differences                      tools for predicting the metastatic migration
not only between cancer cells from different                     behaviour of cancer cells are needed.
patients, but also between cancer cells within                      A number of Swedish companies are currently
a single patient. This calls for new and better                  engaged in this race to fight breast cancer. The
sampling technologies, an increased under-                       methods they are developing span a variety of
standing of the genetics behind cancer devel-                    technologies – from improved biopsy methods,
opment and better screening and diagnostic                       analysis of cancer specific enzymes and bio-
methods.                                                         markers to cell migration assays and diagnostic
                                                                 tools based on machine learning.                     1. WHO, GLOBOCAN 2012

20
Photo: AcureOmics

Company           Technology                                 Application/s                                           A number of Swed-
Affibody          HER2 PET imaging agent.                    Imaging in metastatic breast cancer.                    ish companies are
                                                             In clinical validation.
AroCell           TK1 serum biomarker ELISA analysis         Monitoring treatment efficiency and survival
                                                                                                                     currently
                  of serum.                                  in stage 2 breast cancer.                               engaged in this
Biovica           Analysis of TK enzyme activity in blood.   Monitor and predict treatment response in stage 2
                                                             breast cancer therapy. In clinical validation.
                                                                                                                     race to fight
ContextVision     Digital diagnostics / machine learning.    Analysing tumour proliferation speed as a
                                                                                                                     breast cancer.
                                                             decision support tool/treatment plan.
Immunovia         Panel of breast cancer biomarkers on       Early detection of breast cancer. Possible prediction
                  microarray platform /software algorithm.   of development of distant metastases.
Liv Diagnostics   Lab-on-a-chip, analysis of cells           Diagnosis and follow-up of breast cancer.
                  from biopsy.                               Measure of tumour invasiveness.
Neodynamics       Biopsy system with ultrasound              Tissue sampling of small lesions and axillary
                  guided imaging with end sampling.          lymph nodes. Product launched.

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SwedenBIO Precision Medicine – The Swedish Industry Guide 2018

                                           The challenges of prostate cancer                                   do not have prostate cancer.3
      In the future                        There is no question that screening can help                           Once the prostate cancer is diagnosed there
                                           find many prostate cancers early. Until recently,                   are other challenges in the treatment regime
       of precision                        PSA (prostate specific antigen) tests for pros-                     that need to be addressed. Androgen depriva-
        medicine,                          tate cancer were considered to be exemplary                         tion therapy (ADT) is generally the first choice
       treatments                          for successful early cancer detection leading                       for the management of advanced prostate
     will be tailored                      to improved treatment outcomes. But over the                        cancer. Unfortunately, after an initial response
                                           last few years, a series of studies has suggested                   to ADT, prostate cancer eventually loses
     to the genetic                        that the tests are not sensitive enough: frequent                   responsiveness to the androgen blockade and
     changes in an                         false positives lead to too many unnecessary                        progresses into castration-resistant prostate
       individual’s                        medical procedures, and false negatives give                        cancer (CRPC). Again, the way to successfully
                                           men a false sense of security. Even if screening                    targeting CRPC lies with the advancement of
          cancer                           detects prostate cancer, doctors are often                          precision medicine i.e. analyse gene mutations
                                           unable to tell if the cancer is truly aggressive.                   and expressed genes in tumour samples and
                                           Because of an elevated PSA level, some men                          combine these with patient data.
                                           may be diagnosed with a prostate cancer that                           A promising on-going research project in
                                           would otherwise have gone unnoticed, not                            Sweden is the combination of the “Stock-
                                           caused any symptoms nor led to their death.                         holm3 test” with magnetic resonance imaging
                                           As a result, most healthcare authorities in Eu-                     scans to further improve the identification of
                                           rope, including Sweden and around the world,                        aggressive prostate cancer. The “Stockholm3
                                           do not recommend introducing screening for                          test” is a blood-based prostate cancer test that
                                           prostate cancer with the PSA test.2                                 predicts the risk for aggressive prostate cancer
                                              Consequently, there is a need for more                           at biopsy by analyzing five protein markers,
                                           accurate diagnostic tests than are presently                        more than 100 genetic markers and clinical
                                           available. In the future of precision medicine,                     data. The hope, now, is that the combinations
                                           treatments will be tailored to the genetic                          of different biomarkers and imaging tech-
                                           changes in an individual’s cancer, but they                         niques will lead to better detection and predic-
                                           will also be taking account of the normal                           tion of prostate cancer.
                                           variations seen in healthy individuals. Indeed,                        In Sweden, there is a growing number
                                           in a recently published paper, a genome-wide                        of companies developing new methods and
                                           association study suggested that 40 genetic re-                     analysis tools for more accurate diagnosis of
                                           gions could together predict nearly 10 percent                      prostate cancer.
                                           of normal variation in PSA levels in men who

                                             Company             Technology                                         Application/s
                                             AroCell             TK1 serum biomarker ELISA analysis.                Prognostic and monitoring treatment efficiency
                                                                                                                    in prostate cancer.
                                             CADESS Medical      Cloud-based decision support system based          Identification of malignant glands in tissue images
                                                                 on digital imaging analysis of biopsies.           and prognosis of the prostate cancer development.
                                             Chundsell           Combination of gene expression, of IGFBP3,         Decision support
                                             Medicals            F3 and VGLL3, with clinical parameters.            Prognosis of aggressive prostate cancer and survival
                                                                                                                    for various treatment options. Product launched.
                                             ContextVision       Digital diagnostics / machine learning.            Analysing tumour proliferation speed as a decision
                                                                                                                    support tool/treatment plan.
                                             CRAY Innovation     Genetic analysis of loss of chromosome Y           Predict risk for all-cause mortality of prostate
                                                                 (LOY) in blood cells.                              cancer in men.
                                             Diaprost            Mab-PET-ligand (anti-hK2) in combination with      In vivo screening for identification and detection
                                                                 anatomical imaging (CT/MR).                        of prostate cancer.
                                             Elypta              Platform based metabolic profiling analysis        Early detection, differential diagnosis, surveillance
                                                                 (machine learning algorithms) of 20 cancer-type    of recurrence and monitoring or prediction of
                                                                 specific metabolites in blood or urine.            treatment response.
                                             iCellate Medical    Whole genome sequencing (of CTC and ctDNA)         Analysis of aggressive prostate cancer. Risk profiling
                                                                 and germ-line DNA, from normal blood samples.      in hereditary investigation. In clinical validation.
                                             Immunovia           Panel of prostate cancer biomarkers on microar-    Early detection of prostate cancer.
2. T
    he National Board of Health                                 ray platform /software algorithm.
   and Welfare (Socialstyrelsen)
3. W
    itte, & Van Den Eeden, 2017.            Spectronic          Software that provides AI driven technology        Treatment planning for MRI only radiotherapy
   Nature Communications                     Medical             to enhance radiotherapy by enabling MRI.           planning. Ongoing registration of the product.

22
Cancer of the pancreas                              HCC diagnosis is usually achieved using
According to WHO, hepatocellular pancreatic         biomarkers and early diagnosis is critical for
cancer is probably the most lethal tumour,          successful treatment. Today, only 10% of
forecast to become the second most fatal            HCC patients are diagnosed at an early stage
cancer by 2020 in developed countries. Pan-         and there is a significant unmet need for diag-
creatic cancer often does not cause any signs       nostic markers enabling early detection.
or symptoms in the early stages, making early       AroCell is developing a screening test based
diagnosis difficult. Detection at a curable         on measuring TK1 levels to monitor cancer
stage demands screening intervention for early      therapy with activated T-cells for liver cancer.
detection and differential diagnosis. However,      This project is currently in clinical validation.
to date, no successful strategy or image tech-      Ascelia Pharma, detection and localization
nology has been found to offer an effective         of primary liver cancer. Clinical validation of
approach. Currently, the hope for this cancer       this project is on-going.
is to be able characterise relevant non-invasive    Glycobond has developed an ELISA-based
biomarkers.                                         assay that detects aberrant and cancer-specific
Axcentua Pharmaceuticals is developing spe-         glycosylation on alpha-1 acid glycoprotein.
cific biomarkers for stratification of pancreatic   The protein is secreted into the blood stream
cancer patients. This project is currently in       where analysis can be performed on a simple
clinical validation.                                blood sample. This product is launched.
Elypta is developing a blood- and urine-based
liquid biopsy platform for detection and clas-      Kidney or renal cancer
sification of multiple cancer indications, one      The two most common types of kidney cancer
of which is pancreatic cancer.                      are renal cell carcinoma and transitional
Immunovia is working on a diagnostic                cell carcinoma. The different types of kidney
multiplexing serum test for early detection         cancer have different long-term outcomes and
of pancreatic ductal adenocarcinoma.                need to be staged and treated in different ways.
Reccan Diagnostics is investigating a serum         Akuru Pharma is using a bioinformatics
biomarker panel for pancreatic cancer.              platform for identification of novel surface
This project has reached clinical validation.       molecules that can serve as biomarkers for
                                                    renal cancer. This project has reached clinical
Liver cancer                                        validation.
Hepatocellular carcinoma (HCC) is responsi-         Elypta is developing response monitoring and
ble for causing over 700,000 deaths annually.       recurrence detection of renal cell carcinoma.

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SwedenBIO Precision Medicine – The Swedish Industry Guide 2018

THE FIGHT AGAINST
INFECTIOUS DISEASES

S
            weden is deeply committed to the                       A benefit of adopting precision medicine for
            global fight against the development                   bacterial and viral infection is that improved                      A number
            of multidrug resistant pathogens.                      diagnostics will help drive new drug develop-
            In 2016, the Swedish government                        ment for novel antimicrobials and antivirals,
                                                                                                                                      of Swedish
presented the Swedish strategy to combat anti-                     particularly agents to be reserved for resistant                   companies
biotic resistance. The Public Health Agency of                     pathogens or agents that are intended for use                    are developing
Sweden contributes to the Global AMR Sur-                          only against a limited range of pathogens. New,                  new tests and
veillance System through both the WHO and                          rapid diagnostics can support development of
bilateral cooperation with e.g. India, China                       narrow spectrum agents and targeted therapy                     platforms to push
and EU. The Unit for Antibiotics and Infec-                        that will generate new business models for an-                   diagnostics to
tion Control of the Agency has in fact been                        tibacterial and antiviral agents, to focus treat-                the next level.
designated as a WHO Collaborating Centre                           ments to the right patients at the right time.
for Antimicrobial Resistance Containment.                             The development of transformational
   Serious bacterial infections need to be                         diagnostics and biomarkers that can easily
treated rapidly to maximize a patient’s chance                     be used to diagnose infections directly from
of survival. In some infections, such as venti-                    clinically relevant specimens should focus on
lator associated pneumonia and sepsis, and in                      features such as being inexpensive, simple,
certain critical situations, minutes can matter.                   rapid and having a high degree of accuracy.
Traditional bacterial identification relies                        Furthermore, being able to distinguish both
primarily on culture-based methodologies                           bacterial and viral etiologies as well as colo-
requiring 12 to 24 hours for isolation and an                      nizing organisms from infecting pathogens is
additional 24 to 48 hours for species identi-                      also crucial to future developments.
fication. In the absence of rapid diagnostics,                        A number of Swedish companies are
empiric therapy, based on an “educated guess”                      developing new tests and platforms to push
as to the causative agent of the infection, has                    diagnostics to the next level. These are shown
become the standard.                                               in the table below:

                                                                 Company          Pathogen   Methods                             Application
                                                                 1928             Bacteria   Software platform for whole         Antibiotic resistance detection
                                                                 Diagnostics                 genome sequencing data.             and surveillance.
                                                                 Alpha Biotech    Bacteria   PCR                                 Detection of Rickettsia bacteria
                                                                                                                                 in cerebrospinal, bronchial
                                                                                                                                 lavage, synovial fluid.
                                                                 Apodemus         Virus      PCR, NGS, Immunology.               Presence of different viruses.
                                                                 Astrego          Bacteria   Microfluidics, real time imaging.   Antibiotic susceptibility. Testing
                                                                 Diagnostics                                                     in urinary tract infections.
                                                                 CAVIDI AB        Virus      Reverse Transcriptase assay.        Automated drug resistance test-
                                                                                                                                 ing in near-patient HIV viral load.
                                                                 EMPE             Bacteria   Padlock probe-dependent             Antibiotic susceptibility testing;
                                                                 Diagnostics                 DNA rolling circle amplification    Detection of bacteria, virus,
                                                                                             and lateral flow biosensors.        fungi, and other microbes.
                                                                 Gradienttech     Bacteria   Microfluidics, real-time imaging.   Rapid antibiotic susceptibility
                                                                                                                                 testing.
                                                                 Q-linea          Bacteria   Padlock probes and circle-to-       Fully automated multiple anti­biotic
                                                                                             circle isothermal nucleic acid      susceptibility testing.
                                                                                             amplification technology (C2CA).
                                                                 Symcel           Bacteria   Real-time cell calorimetry.         Multiple antibiotic resistance
                                                                                                                                 testing.

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