New board members bolstering expansion into diagnostics market

New board members bolstering expansion into diagnostics market

Symcel appoints two new board members to bolster R&D business growth and expansion into the clinical diagnostics market

L: Stefan Löfås, R: Erik Walldén

June 27 2018: Symcel – the company behind the revolutionary cell-based assay tool for real-time cell metabolism measurements, the calScreener™ – has announced the appointment of two new highly experienced board members; Erik Walldén and Stefan Löfås. Both will play a key role in bolstering the full execution of the company’s corporate strategy to grow business in the research market and develop much needed solutions for clinical diagnostics.

Erik Walldén, who is internationally recognized for his success in building prosperous life science companies and driving business in the medical technology sector, will play a pivotal role in the implementation of the company’s business, sales and marketing strategies and help it develop a larger international network of contacts and prospects. Stefan’s strong scientific expertise, together with vast experience in the valuation and acquisition of companies, will be put to use in strategically assessing life science companies that Symcel should partner with. He will also utilise his solid network within cell analysis and pharmaceutical drug development for business development to aid the company in its growth drive. Moreover, Stefan will in part focus on Symcel’s unique technological offering – putting his extensive scientific and industrial R&D experience to effective use.

During 30 years of international life science industry management, Erik has been responsible for the global launch of a number of technologies, establishing and restructuring companies, implementation of targeted issues and stock market listings. Previously, Erik was the CEO of Gyros, Affibody Holding, Biacore International and Pyrosequencing and has held senior positions at PerSeptive Biosystems, Pharmacia Biosensor and Pharmacia Biotech. Moreover, Walldén is presently Chairman of the Board at Cavidi and Lumicks, and holds board level positions at Virgin Instruments, Beactica and CellSeed. Stefan Löfås was the Chief Scientific Officer at Biacore International and until recently the Scientific Director at GE Healthcare Bio-Sciences with strategic responsibility for technology development.

“We are delighted that both Erik Walldén, and Stefan Löfås are joining the board. Their appointments will play a crucial role in the realization of the ambitious corporate strategy that we set ourselves – enabling Symcel to increase the flow of business from the R&D sector and expand into the clinical diagnostics space”, commented Jesper Ericsson, CEO of Symcel.

About Symcel

Symcel provides a novel cell-based assay tool for real-time cellular bioactivity measurements. Our solution is a fast label-free phenotypic screening technology for direct measurements of cell metabolism that provides powerful answers to whether cells are dead or alive. Symcel is a privately held biotechnology company located in Stockholm Sweden. Symcel was founded in 2004 by Dr. Dan Hallén and Prof. Ingemar Wadsö (Kemicentrum, Lund University). Dr Wadsö is a leading authority around bioactivity measurements and has together with colleagues at Lund University been instrumental in the development of the field. The current research team at Symcel has extensive experience in multiple disciplines within the biotechnology industry as well as the pharmaceutical development industry.

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