Nobel Prize week opens with medicine award announcement

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The annual announcements of Nobel Prize winners starts Monday with the award for medicine.

The announcement, which takes place at the Karolinska Institute in Stockholm, is due earliest at 11:30 am (0930 GMT).

The recipients of prizes in the fields of physics, chemistry, peace and economics will also be announced in the coming week. The Swedish Academy has yet to announce a date for the literature prize.

With the exception of economics, the prizes were endowed by Swedish industrialist Alfred Nobel (1833-96), the inventor of dynamite.

This year the prizes are worth 8 million kronor (956,000 dollars).

In line with tradition, the awards are presented to recipients on December 10, the anniversary of Nobel’s death.

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