Home Breaking News Nobel Prize Announcements Kicks Off With Exciting Awards

Nobel Prize Announcements Kicks Off With Exciting Awards

by Nwani Chisom
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The 2020 Nobel Prizes announcements has began today with the naming of winners in the field of physiology and medicine. A panel at the Karolinska Institute in Stockholm will announce the recipient of the Award Later today.

The prize carries particular significance this year due to the coronavirus pandemic, but the winners won’t have been directly involved in researching the new virus, as the prize usually goes to aged discoveries/innovations, often the Nobel Assembly recognizes basic science that has laid the foundations for practical applications in common use today.

This year’s award comes with a gold medal and prize money of 10 million Swedish kronor (more than $14.8 million Cdn), courtesy of a bequest left 124 years ago by the prize’s creator, Swedish inventor Alfred Nobel. The amount was increased recently to adjust for inflation. The other prizes yet to be announced are that of physics, chemists, literature, peace and economics.

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