The Economic Times daily newspaper is available online now.

    Nobel Prize announcements are getting underway with the unveiling of the medicine prize


    The Nobel Prize announcements have begun, with the winner of the medicine award being unveiled. Last year's winner, Svante Paabo, made discoveries in human evolution that provided insights into our immune system and its vulnerability to severe COVID-19. The physics, chemistry, and literature prizes will be announced on subsequent days, with the peace prize being announced on Friday and the economics award on October 9.

    Things to know about the Nobel PrizesAP
    FILE - A bust of Alfred Nobel on display following a press conference to announce the Nobel Committee for Physiology or Medicine, at the Karolinska Institute in Stockholm, Sweden, on Monday, Oct. 3, 2022. The first Nobel Prizes were presented in 1901, five years after Nobel's death. (Henrik Montgomery/TT News Agency via AP, File)
    Six days of Nobel Prize announcements begin Monday with the unveiling of the winner of the medicine award. The Nobel Prize in physiology or medicine was won last year by Swedish scientist Svante Paabo for discoveries in human evolution that unlocked secrets of Neanderthal DNA which provided key insights into our immune system, including our vulnerability to severe COVID-19.

    The award was the second in the family. Paabo's father, Sune Bergstrom, won the Nobel Prize in medicine in 1982.

    Nobel announcements continue with the physics prize on Tuesday, chemistry on Wednesday and literature on Thursday. The Nobel Peace Prize will be announced Friday and the economics award on October 9.

    The prizes carry a cash award of 11 million Swedish kronor (USD 1 million). The money comes from a bequest left by the prize's creator, Swedish inventor Alfred Nobel, who died in 1896.

    The prize money was raised by 1 million kronor this year because of the plunging value of the Swedish currency.

    The laureates are invited to receive their awards at ceremonies on Dec 10, the anniversary of Nobel's death. The prestigious peace prize is handed out in Oslo, according to his wishes, while the other award ceremony is held in Stockholm.
    Experience Your Economic Times Newspaper, The Digital Way!
    (Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    The Economic Times

    Stories you might be interested in