Statement of Purpose Investing in Research Chairman's Message Board of Trustees Grant Review Panel History Dr Frederick Banting Contact Us The discovery of insulin in 1921 by two young investigators at the University of Toronto, Dr Frederick Banting and Charles Best, was one of the most important medical achievements of the twentieth century. This discovery brought worldwide renown to Frederick Banting and his colleagues Charles Best and James Collip, and their adviser John J R Macleod. Banting and Macleod were awarded the Nobel Prize in Physiology or Medicine in 1923. As part of Dr Banting's legacy, The Banting Research Foundation awards research grants in all fields of medical research to outstanding Canadian investigators at the beginning of their independent careers to pursue novel approaches to the understanding and treatment of human disease. The visionary words of Sir Robert Falconer, first Chairman of The Banting Research Foundation, have framed our objective since 1925, "to assist young Canadian medical investigators working in all areas of science with seed grants. Investigators who like Sir Frederick Banting in his time, are working passionately toward important discoveries every day."