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Profiles of the Science Laureates
The Nobel prizes for scientific achievements are among the most coveted awards in the world. This year, nine men will receive $1 million prizes in chemistry, physics, economics and medicine. The winners include six Americans, one Frenchman, one Briton and one Dane.
| Chemistry |
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Laureates: |
Paul D. Boyer, professor, University of California, Los Angeles
Dr. John E. Walker, Medical Research Council Laboratory of Molecular Biology, Cambridge, Britain
Jens C. Skou, professor, Aarhus University, Denmark
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Selected by: |
The Royal Swedish Academy of Sciences |
| Honored for: | Discoveries related to adenosine triphosphate, or ATP, the compound that stores and transfers energy in living cells. Boyer and Walker were recognized for promoting understanding of the synthesis of ATP. They received $500,000; the remainder of the $1 million prize goes to Skou for the discovery of the enzyme that regulates the concentration of sodium and potassium in cells. |
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Comment from the selection committee: |
The three laureates have performed pioneering work on enzymes that participate in the conversion of the "high-energy" compound adenosine triphosphate. |
| Related site: |
Official Press Release on Chemistry Prize
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| Video: |
Profiles of Paul Boyer and John Walker from "Nobel '97," a CNN International special |
| Physics |
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Laureates: |
Steven Chu, professor, Stanford University, Stanford, California
Claude Cohen-Tannoudji, professor Collège de France and École Normale Supérieure, Paris
William D. Phillips, doctor, National Institute of Standards and Technology, Gaithersburg, Maryland
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Selected by: |
The Royal Swedish Academy of Sciences |
| Honored for: | "Development of methods to cool and trap atoms with laser light" |
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Comment from the selection committee: |
The new methods of investigation that the Nobel laureates have developed have contributed greatly to increasing knowledge of the interplay between radiation and matter. In particular, they have opened the way to a deeper understanding of the quantum-physical behavior of gases at low temperatures. The methods may lead to the design of more precise "atomic clocks" for use in space navigation and accurate determination of position. |
| Related story and site: |
Official Press Release on Physics Prize
CNN - Two Americans, Frenchman named Nobel Physics winners - October 15, 1997
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| Video: |
Profile of winners of the physics prize from "Nobel '97," a CNN International special |
Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel |
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Laureates: |
Robert C. Merton, professor, Harvard University, Cambridge
Myron S. Scholes, professor, Stanford University, Stanford
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Selected by: |
The Royal Swedish Academy of Sciences |
| Honored for: | "A pioneering formula for the valuation of stock options" |
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Comment from the selection committee: |
The laureates, "in collaboration with the late Fischer Black, developed a pioneering formula for the valuation of stock options. Their methodology has paved the way for economic valuations in many areas. It has also generated new types of financial instruments and facilitated more efficient risk management in society." |
| Related site: |
Official Press Release on Economics Prize
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| Video: |
Profile of winners of the economics prize from "Nobel '97," a CNN International special |
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