Honjo 'plans To Donate' Nobel Prize Money

Honjo 'plans to donate' Nobel prize money

The Japanese co-winner of this year's Nobel Prize for medicine reportedly plans to donate the prize money to his university to support young researchers.

Tasuku Honjo, a distinguished professor at Kyoto University, was named the co-winner of the Nobel Prize in Physiology or Medicine on Monday. He was recognized for his work on using the immune system to fight cancer.

Honjo told reporters on Tuesday that he wants to give back what he has accomplished to his university to help nurture his successors.

Kyoto University sources say Honjo indicated that he will donate his prize money to the university.

They also say that Honjo wants the university to set up a fund to support young researchers.

Yoshinori Ohsumi, who was awarded the Nobel Prize in the same category in 2016, donated his prize money to set up a fund to help young scientists.