TESARO, Inc. Co-Founders named Entrepreneur Of The Year® 2017 National Overall Award winners

Lonnie Moulder, CEO & Co-founder, and Mary Lynne Hedley, PhD, President, COO and Co-founder, recognized for entrepreneurial excellence

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Nov 20, 2017, 12:10 ET

PALM SPRINGS, Calif., Nov. 20, 2017 /PRNewswire/ -- Lonnie Moulder, CEO and Co-founder, and Mary Lynne Hedley, PhD, President, COO and Co-founder, of TESARO, Inc. have been named Entrepreneur Of The Year^® 2017 National Overall Award winners. Now in its 31st year, the Entrepreneur Of The Year Award recognizes leaders and visionaries who demonstrate excellence and extraordinary success in innovation, financial performance and personal commitment to building world-class businesses and supporting their communities. Moulder and Hedley received the award for their success in providing transformative therapies to people facing cancer and for serving as a trusted partner to the cancer community.

"Since founding TESARO in 2010, Lonnie Moulder and Mary Lynne Hedley have led the charge in developing life-changing cancer treatments and bringing them to market, fueling the company's rapid growth as a leader in life sciences," said Debra von Storch, Entrepreneur Of The Year Americas Director, EY. "We are proud to present EY's most prestigious honor for entrepreneurship to two such deserving business and community leaders, both of whom demonstrate the ability to achieve unprecedented business growth while also helping to forge a better future."

In just seven years, Moulder and Hedley have expanded TESARO from four employees in 2010 to 500 employees in 19 countries today. The firm has commercialized two drugs that treat ovarian cancer and chemotherapy-induced side effects, respectively, and started clinical trials on several others, while establishing a deep pipeline of cancer treatment products in development.

TESARO is dedicated to cancer treatment as well as patient outreach and advocacy. Partnering with the National Ovarian Cancer Coalition (NOCC) and the Ovarian Cancer Research Fund Alliance (OCRFA), TESARO created Our Way Forward, a program that addresses the unmet educational needs of women living with ovarian cancer. TESARO also recently announced the U.S. Food and Drug Administration approved an intravenous version of its drug (VARUBI) to treat chemotherapy-induced side effects in adults, which affects up to 80 percent of cancer patients.

For additional details on Moulder and Hedley and the story behind their award, visit here.

Moulder and Hedley were recognized at Entrepreneur Of The Year US national gala, which is the culminating event of the Strategic Growth Forum^® in Palm Springs, California. Founded and produced by EY, the Forum is the nation's premier gathering of high-growth, market-leading companies.

In addition to the Entrepreneur Of The Year National Overall Award, 11 other awards were given in industry-specific categories. Winners were selected by an independent panel of judges from more than 260 regional award recipients.

Entrepreneur Of The Year national category winners
"EY's category winners have created the products, services and jobs that help our economy and communities grow and have encouraged others to follow suit," von Storch said. "This year, our winners employed over 230,000 people with job growth of 20 percent, while also generating revenue of more than $77 billion — more than 33 percent annual revenue growth."

By category, they include:

Consumer Products and Retail: Kendra Scott, Founder & CEO — Kendra Scott, LLC, Austin, TX
Distributing and Manufacturing: Ilene S. Gordon, Chief Executive Officer — Ingredion Incorporated, Westchester, IL
Emerging: Dan Flaherty, Founder, and Jason McCann, CEO — VARIDESK, Coppell, TX
Energy, Cleantech and Natural Resources: Loretta F. Rosenmayer, Founder — INTREN L.L.C., Union, IL
Family Business: Neal Schuman, CEO — Schuman Cheese, Fairfield, NJ
Financial Services: Asif Ramji, President and CEO — Paymetric, Roswell, GA
Life Sciences: Mary Lynne Hedley, PhD, President, COO and Co-founder, and Lonnie Moulder, CEO & Co-founder — TESARO, Inc., Waltham MA
Media, Entertainment and Communications: Jeff Green, CEO and Cofounder, and Dave Pickles, CTO and Cofounder — The Trade Desk, Ventura, CA
Real Estate, Hospitality and Construction: Bill Bayless, CEO — American Campus Communities, Austin, TX
Services: Joseph E. Fluet III, CEO and Chairman of the Board — MAG Aerospace, Woodbridge, VA
Technology: Phyllis Winchester Newhouse, CEO — Xtreme Solutions, Inc., Atlanta, GA

Notes to editors

Videos and photos
To view video of all of the Entrepreneur Of The Year Award winners, please visit ey.com/us/eoy.

Sponsors
Founded and produced by EY, the Entrepreneur Of The Year Awards are nationally sponsored in the US by SAP America, Merrill Corporation and the Ewing Marion Kauffman Foundation.

About Entrepreneur Of The Year^®
Entrepreneur Of The Year^® is the world's most prestigious business awards program for entrepreneurs, chosen from an independent panel of judges including entrepreneurs and prominent leaders from business, finance, and local community leaders. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global awards program of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries. ey.com/eoy

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SOURCE EY