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News18•05-10-2026, 13:00
Nobel Prize Week Begins: Medicine Award Kicks Off Prestigious Event in Stockholm
  • •The Nobel Prize week commences on Monday with the awarding of the medicine prize at the Karolinska Institute in Stockholm.
  • •Last year's medicine prize recognized three scientists for their discoveries on how the immune system attacks germs while sparing the body's own cells, specifically identifying the peripheral immune tolerance pathway.
  • •These findings were deemed crucial for understanding autoimmune diseases like Type 1 diabetes, rheumatoid arthritis, and lupus.
  • •The medicine prize will be followed by awards for physics, chemistry, literature, peace, and the Nobel Memorial Prize in Economic Sciences.
  • •This year's prize money is 12 million Swedish kronor (approximately USD 1.2 million) for each award.

Key Questions Answered

The Nobel Prize week kicks off on Monday in Stockholm at the Karolinska Institute with the announcement of the medicine prize.

The prize money for this year is 12 million Swedish kronor, which is approximately USD 1.2 million.

The Nobel Peace Prize will be awarded on Friday, followed by the Nobel Memorial Prize in Economic Sciences on October 12.