A3P Biomedical recruits new CEO to lead commercial expansion

June 18, 2021

STOCKHOLM, June 18, 2021. A3P Biomedical appoints David Rosén as new CEO to lead the commercial expansion of the company’s novel Stockholm3 test for early detection of prostate cancer.  David brings more than 20 years’ experience from the medical device industry, including senior international positions at Getinge and Cantel Medical.

A3P Biomedical is commercializing Stockholm3, a blood test for early detection of aggressive prostate cancer. Based on several large clinical studies, including in total more than 75,000 men, Stockholm3 has significant advantages to currently available tests. Stockholm3 is available at several leading Nordic healthcare providers and the preparations for global expansion are ongoing.

Effective from June, David Rosén is appointed as CEO to lead the commercial expansion of the company. David brings extensive commercial leadership experience from the medical device industry.  At Cantel Medical, David was the President for Continental Europe, Middle East and Asia Pacific, managing the growth of a $230 million business. At Getinge, David held commercial leadership positions in Europe as well as the Asia-Pacific region. David also brings start-up and entrepreneurial experience from Cellectricon and Neoventa.

Martin Steinberg, the co-founding CEO of A3P Biomedical, assumes a role as VP of Corporate Development and continues to serve as Director of the Board.

“I am very pleased that we have been able to recruit David Rosén as our new CEO. With his broad experience from the industry and from heading successful commercial organizations world-wide, he is in a great position to lead the global expansion of A3P Biomedical. I also want to thank Martin Steinberg for his successful work as the founding CEO of A3P. It is excellent that he continues to contribute to the development of A3P” said Thomas Pollare, Chairman of the Board at A3P Biomedical.

“I am excited to join the A3P Biomedical team. Based on strong scientific data, we are uniquely positioned to radically improve early detection of prostate cancer. The Stockholm3 test has the potential to make a real difference in a disease area affecting all men”, said David Rosén, CEO at A3P Biomedical.

About A3P Biomedical

A3P Biomedical is a company that specializes in advanced prostate cancer diagnostics. A3P’s main product, Stockholm3, is a clinically and commercially validated blood test for early detection and risk stratification of aggressive prostate cancer. A3P Biomedical is headquartered in Stockholm, Sweden. For more information, please visit www.a3p.com 

About Stockholm3

Stockholm3 is a blood-based test, that runs a combination of protein biomarkers, genetic biomarkers and clinical information through an algorithm to find the probability of clinically significant cancer at biopsy.

Stockholm3 has been evaluated in clinical studies including more than 90,000 men. It is extensively tested in large population-based screening trials, as well as in real world clinical utility studies in primary care, as a reflex test to PSA at values 1.5-20 ng/ml.  Benefits include the ability to reduce unnecessary MRIs, benign and Grade Group 1 prostate biopsies for men with elevated PSA, while simultaneously improving detection of clinically significant cancers in men with low or normal PSA values.  Using Stockholm3 leads to a more accurate risk assessment than the current PSA standard. Stockholm3 detects 40-90% more men with aggressive prostate cancer and, at the same time, reduces over-detection by 40-50% compared to PSA.

Multiple Stockholm3 studies have been published in high-impact journals such as The Lancet Oncology, Journal of Clinical Oncology, and European Urology. The studies address both the specificity and sensitivity of Stockholm3 in multi-ethnic populations as well as health-economic benefits of implementing it in clinical care. For more information about our clinical studies please visit www.a3p.com.

About prostate cancer

Prostate cancer is the most common cancer in men. In 2020, the global incidence of new prostate cancer cases was 1.4 million, and prostate cancer specific mortality 370,000. Global prostate cancer incidence and mortality is expected to rise by 100% and 85% respectively by 2040, driven by an ageing population.

Press contact:
Cecilia Edström
cecilia.edstrom@a3p.com
+46 72 226 2328