The University of Michigan's Taubman Medical Research Institute will reward a $100,000 prize to the top "translational science" practitioner each year starting in 2012.
Translational science is the practice of moving scientific research from a "bench" in a lab, to the "bedside" of a patient - or developing ways to move "laboratory discoveries to clinical applications."
From a Taubman Medical Research Institute press release:
The $100,000 award will be presented at the institute’s annual symposium, held each fall, to the clinician-scientist making the most significant contribution to translating basic research findings into medical practice. The winner will be asked to serve as keynote speaker for the event...
Nominations will be judged on their contribution to translating basic research findings into clinical applications and by the manner in which their clinical practice connects to their research. All clinician-scientists, regardless of country, are eligible, excluding U-M researchers.
A panel of scientists will choose the winner each year. The deadline for the first year's nominations is April 1, 2012.
The initial announcement of the contest came last October in an event with A. Alfred Taubman and Governor Rick Snyder. From AnnArbor.com's Juliana Keeping:
Billionaire A. Alfred Taubman will fund a $100,000 science prize — a carrot meant to lure the most talented “clinician-scientists” in the world to the University of Michigan, the university announced today.
Eva Feldman, the director of the 4-year-old A. Alfred Taubman Medical Research Institute at the University of Michigan Health System, said Taubman wants “a 100,000 gift given to the best clinician scientists in the world.” We anticipate this person will come speak at our annual symposium each year; and anticipate it will bring exceptional clinician scientists to the University of Michigan.”