Prize4Life

Prize4Life is a non-profit organization that was established in 2006. Its primary goal is to accelerate the discovery of treatments and a cure for Amyotrophic Lateral Sclerosis (ALS), also known as Lou Gehrig's disease. The organization uses a prize model to incentivize research and innovation in the ALS field.

History

Prize4Life was founded by Avichai Kremer, an ALS patient, and several of his classmates from Harvard Business School. The organization was inspired by the Ansari X Prize, which successfully encouraged advancements in private space travel. Prize4Life believes that a similar model can be applied to medical research to stimulate breakthroughs in ALS treatment and ultimately, a cure.

Prizes

Prize4Life has launched several prizes to encourage research into ALS. These include:

• The $1M ALS Biomarker Prize, which was awarded in 2011 to Dr. Seward Rutkove for his development of a new way to measure the progression of ALS.
• The Avi Kremer ALS Treatment Prize, which offers $1M for the development of a treatment that extends the lives of ALS patients by at least 25%.
• The Assistive Technology Challenge, which seeks to improve the quality of life for ALS patients through the development of new assistive technologies.

Impact

Prize4Life has been successful in attracting new researchers to the field of ALS and stimulating innovative approaches to the disease. The organization's prize model has been recognized as a powerful tool for accelerating medical research and has been adopted by other organizations in the field.

See also

• Amyotrophic Lateral Sclerosis
• Avichai Kremer
• Harvard Business School
• Ansari X Prize

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