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What you need to know for 05/30/2017

Albany Med awards annual $500K prize

Albany Med awards annual $500K prize

A California cell biologist received one of the richest prizes in medical and scientific research du
Albany Med awards annual $500K prize
Alexander Varshavsky speaks after receiving the Albany Medical Center Prize in Medicine and Biomedical Research on Wednesday.

A California cell biologist received one of the richest prizes in medical and scientific research during a ceremony in upstate New York.

Alexander Varshavsky received the $500,000 Albany Medical Center Prize in Medicine and Biomedical Research at a ceremony at the Hilton Garden Inn Albany Medical Center on Wednesday.

The medical center announced last month that its prestigious prize was being awarded to Varshavsky, a professor at the California Institute of Technology.

His discoveries related to cell biology have led to new treatments for blood cancer and other diseases such as Alzheimer’s and Parkinson’s.

The Albany Medical Center Prize has been given annually since 2001 to those who have altered the course of medical research. It was established by the late Morris “Marty” Silverman, a New York City businessman.

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