The Foundation recognizes and rewards excellence in original research work and exemplary contribution in Medical and Pharmaceutical Sciences. These awards are recognised as being among the top-line research awards in India and presented annually to Indian scientists working in India or abroad. Every year, 4 awards are given: 3 in the Medical Sciences (one each in Basic, Medical and Clinical Research) and 1 in the field of Pharmaceutical Sciences. Each award carries a trophy, citation and a cash award of Rs. 2 Lakh.