CAMBRIDGE, Mass., June 21, 2011 (GLOBE NEWSWIRE) -- Momenta Pharmaceuticals, Inc. (Nasdaq:MNTA), a biotechnology company specializing in the characterization and engineering of complex drugs, today announced that its president and chief executive officer, Craig Wheeler, received the Ernst & Young Entrepreneur Of The Year® 2011 New England Award in the Biotechnology category. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Mr. Wheeler was selected by an independent panel of judges, and the award was presented at a gala event at the Renaissance Boston Waterfront Hotel on June 15, 2011.