The American Chemical Society (ACS) has named Paul Schimmel, PhD, the recipient of its 2020 Kathryn C. Hach Award for Entrepreneurial Success. Schimmel, a professor in the Department of Molecular Medicine, is a world-renowned expert in studying the enzymes and processes involved in correcting errors that can occur in the interpretation of genetic information. Research he published in the early 1980s established the concept of ESTs (expressed sequence tags) and the strategy of shotgun sequencing–work that Nature magazine cited as one of the four foundations of the human genome project. Schimmel has founded or co-founded multiple biotechnology companies to advance his discoveries toward patients.