Entrepreneur Of The Year celebrates ambitious entrepreneurs who are building bolder futures
ANN ARBOR, MI – LynxDx, an Ann Arbor-based biotech startup and developers of the revolutionary MyProstateScore 2.0 (MPS2), announces that President Steve Riggs has been named as an Ernst & Young LLP (EY US) Entrepreneur Of The Year® 2023 Michigan and Northwest Ohio Finalist. Now in its 37th year, Entrepreneur Of The Year is one of the preeminent competitive business awards for transformative entrepreneurs and leaders of high-growth companies who are building a more equitable, sustainable and prosperous world for all.
Riggs was selected by an independent panel of judges. Entrepreneurs were evaluated based on their demonstration of building long-term value through entrepreneurial spirit, purpose, growth, and impact, among other core contributions and attributes.
LynxDx began operations in 2020 with a focus on improving prostate cancer screening. Using a urine-based diagnostic test originated in a research lab at the University of Michigan, the company developed MyProstateScore 2.0. MPS2 is a non-invasive, data-driven, urine prostate cancer screening test that provides highly accurate, stratified risk assessment insights to guide clinical decisions for patients with elevated prostate-specific antigen (PSA) or abnormal digital rectal exam (DRE) findings. By using the MPS2 assessment, physicians are able to more accurately inform their patients whether or not a clinically relevant cancer is present, or if their elevated PSA score was the result of other factors.
“It is an honor to be recognized alongside these top entrepreneurs for our work in developing diagnostic testing services to help people live healthy and productive lives,” Riggs said. “At LynxDx, we exist to support positive public health. Prostate cancer is the most common cancer among men in the U.S. and the second leading cause of cancer death. Our MPS2 test offers a new level of simple, actionable, and data-driven decision making for both providers and patients.”
Regional EOY award winners will be announced on June 21, 2023 during a special celebration. The winners will then be considered by the national judges for the Entrepreneur Of The Year National Awards, which will be presented in November at the annual Strategic Growth Forum®, one of the nation’s most prestigious gatherings of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the World Entrepreneur Of The Year® Award in June 2024.
“This year’s finalists are the next class in an impressive line of visionaries who are leading successful, dynamic businesses. They are ambitious entrepreneurs set on transforming their industries and communities,” said Joe Lenglet, EY Partner and Entrepreneur Of The Year Michigan and Northwest Ohio program co-director.
The Entrepreneur Of The Year program has recognized more than 11,000 entrepreneurs throughout the US since its inception in 1986, and it has grown to recognize business leaders across 145 cities in over 60 countries around the world.
Using technology developed at the University of Michigan, LynxDx develops innovative diagnostic solutions that can be implemented in a clinical setting. Among these are MyProstateScore™ (MPS2), a prostate cancer urine test that provides the most accurate results for prostate cancer detection and eliminates unnecessary biopsies. The company’s mission is to improve patient care through translation of cutting-edge technologies. In addition to using scientific expertise to develop novel diagnostic tools, LynxDx works to see these tools used in clinical practice. The company is committed to developing and enhancing MyProstateScore as well as looking ahead to introducing future diagnostic solutions. For more information about LynxDx and MyProstateScore™, please visit lynxdx.com.
About Entrepreneur Of The Year®
Entrepreneur Of The Year® is the world’s most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. National Overall Award winners go on to compete for the EY World Entrepreneur Of The Year™ title. Visit ey.com/us/eoy.