Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) has been named one of the recipients of the 2010 Innovators Award of Excellence by the San Mateo County Economic Development Association (SAMCEDA). The award will be presented at the association's Innovators luncheon today at the Oracle Conference Center in Redwood City. Donald G. Payan, Rigel's co-founder, executive vice president and president of Discovery and Research will accept the award on Rigel's behalf.
According to SAMCEDA, today's award ceremony is the largest innovation-focused event to date in the county with awards being granted for each of five categories: Energy, Finance/Marketing, Technology, Public and Non-Profit Administration, and Life Sciences (co-awarded to Rigel and Gilead Sciences).