The Novartis Medal and Prize is awarded annually in recognition of contributions to the development of any branch of biochemistry. The award is for work carried out in the UK but is open to candidates of any nationality.

The recipient of the Prize receives the Novartis Medal and £3000 and presents the Medal Lecture at a Society conference. The lecture is published in Biochemical Society Transactions.

The award was donated in 1964 by the Ciba Laboratories, Horsham (later Ciba-Geigy)

The 2012 Novartis Medal and Prize will be presented to Ron Hay (University of Dundee, UK) at a Biochemical Society event in 2012.