Greatest prize money awarded annually, shared
- Who
- The Louis-Jeantet Prize
- What
- 1200000 euro(s)
- Where
- Switzerland (Geneva ,)
- When
- 2003
The largest annual shared prize is the Louis-Jeantet Prize for Medicine, which in 2003 is worth 1.2 million Euros (£825,960 or $1,283,640). It was first awarded in 1986 and is intended to 'provide substantial funds for the support of biomedical research projects'.
The Louis-Jeantet Foundation for medicine was established according to the will of Louis Jeantet, a French businessman, who died in Geneva (Switzerland) in 1981 and owner of a vast fortune.
Based in Geneva, the Louis-Jeantet Foundation for medicine started its activities in 1983. The Foundation awards a major scientific prize, the purpose of which is to foster innovative biomedical research in Europe.
The Louis-Jeantet Prize for medicine is not intended to honour past, or already celebrated, achievements. Rather, it is awarded with a view of stimulating research projects of the highest quality that the prize-winners' institution would not be able to fund in their entirety.