STOCKHOLM, 7th October, 2024 (WAM) -- The Nobel prizes are to be announced this week, starting with the award for medicine or physiology on Monday, Reuters reported.
The awards, which are also given for achievements in physics, chemistry, literature and peace, come with a prize amount of 11 million Swedish crowns ($1.1 million) while the recognition alone can spur book sales and yield global fame.
The Nobel Prize was created by Swedish inventor Alfred Nobel, who in his will dictated that his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".