Company Will be Honored at the 20th Annual Michigan Celebrates
Awards Gala.
ANN
ARBOR, Mich., May 22, 2024
/PRNewswire-PRWeb/ -- Lynx Dx, a leader in innovative diagnostic
solutions, has been recognized as one of the 2024 awardees for the
Michigan 50 Companies to Watch
Award, presented by Michigan Celebrates Small Business. Lynx Dx
Chief Medical Officer Spencer
Heaton, MD, MBA will be acknowledged at the awards ceremony
May 21 at the Breslin Center in
East Lansing.
Being recognized for this award by Michigan
Celebrates Small Business is further validation of the work we're
doing at Lynx Dx to provide best-in-class diagnostic tests based on
innovative science.
Michigan Celebrates Small Business is the most prestigious small
business awards program in the state. The Michigan 50 Companies to Watch Award
recognizes privately held, post-startup companies that have been
nominated and vetted because of their high potential for growth or
other notable success.
The award adds to a string of recent successes for Lynx Dx,
including the publication of peer-reviewed research on the science
underpinning its MyProstateScore 2.0 test in JAMA Oncology and the
recent acquisition of a new headquarters facility in Ann Arbor.
"Being recognized for this award by Michigan Celebrates Small
Business is further validation of the work we're doing at Lynx Dx
to provide best-in-class diagnostic tests based on innovative
science," Spencer said. "We're honored to be included among such a
great class of up-and-coming businesses and look forward to many
milestones ahead of us as a commercial enterprise."
Collectively, the 2024 Michigan 50
Companies to Watch awardees have made a substantial economic
impact:
- Responsible for $414.3 million in
total annual revenue during 2023
- Projected to increase their revenue by 18% in 2024
- Provide 1,577 full-time equivalent jobs, including 1,565 within
the state of Michigan
- Projected to create over 339 new jobs in 2024
"As we celebrate our 20th Anniversary of MCSB, we're reminded of
the incredible resilience and innovation within Michigan's small business sector. This year's
winners demonstrate the collective entrepreneurial spirit that
drives our state's economy forward," said Jennifer Deamud, MCSB Board Chair.
Nominees must be second-stage companies with six to 99 full-time
equivalent employees and $750,000 to
$50 million in annual revenue or
working capital from investors or grants. They must be privately
held and headquartered in Michigan.
Judges from economic and entrepreneurship development
organizations across the state annually select the winners. In
addition, the businesses selected by the judges go through a
rigorous due diligence process prior to the final decision.
Michigan Celebrates received over 500 nominations for the 2024
Michigan 50 Companies to Watch
award.
About Lynx Dx
Using technology developed at the University
of Michigan, Lynx Dx provides best-in-class diagnostic
testing services to help people live healthy and productive lives.
The company's mission is to develop superior genomic tests where
there is clear patient need. Lynx Dx produces tests with the
highest degree of accuracy and efficiency combined with an
unparalleled customer experience. For more information about Lynx
Dx and MyProstateScore 2.0, please visit http://www.lynxdx.com.
Michigan Celebrates Small Business (MCSB) is a collaboration of
trusted statewide founding organizations who offer resources for
small businesses. Since 2005, Michigan Celebrates Small Business
awards gala has placed a spotlight on how small businesses
positively impact our communities and state. The MCSB organization
is focused on supporting, promoting and celebrating small
businesses in Michigan.
Kinexus Group is the Managing Partner of the Awards Gala.
Media Contact
Stephanie Fraser, Lynx Dx,
734-233-1483, public.relations@lynxdx.com,
https://www.lynxdx.com/
View original
content:https://www.prweb.com/releases/lynx-dx-wins-award-as-one-of-50-companies-to-watch-by-michigan-celebrates-small-business-302149828.html
SOURCE Lynx Dx