Week of Nobel Prize announcement begins with medicine award

2020 bel Prizes kick off Monday with naming of winner, or winners, in field of physiology and medicine. A panel at Karolinska Institute in Stockholm will anunce recipient sometime after 11:30 a.m. (0930 GMT).

medicine prize carries particular significance this year due to coronavirus pandemic, which has highlighted importance that medical research has for societies and ecomies around world. However, it is unlikely that winners will have been directly involved in researching new virus, as prize usually goes to discoveries me many years or even deces ago.

Often bel Assembly recognizes basic science that has laid foundations for practical applications in common use today.

It is common for several scientists who worked in same field to share prize. Last year, British scientist Peter Ratcliffe and Americans William Kaelin and Gregg Semenza received award for discovering details of how body’s cells sense and react to low oxygen levels.

prestigious award comes with a gold medal and prize money of 10 million Swedish kror (over $1,118,000), courtesy of a bequest left 124 years ago by prize's creator, Swedish inventor Alfred bel. amount was increased recently to just for inflation.

or prizes are physics, chemists, literature, peace, and ecomics.

( Im credit: AP)

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