Founded on January 1, 1964, the Federation of European Biochemical Societies (FEBS) is one of the largest organizations in European life sciences, with nearly 40,000 members distributed among 36 constituent societies and six associated member societies throughout Europe. FEBS seeks to promote, encourage and support biochemistry, molecular cell biology and molecular biophysics throughout Europe in a variety of different ways. They fund advanced courses, provide various types of fellowships, publish primary research through their publications, facilitate the exchange of information at their annual international scientific meeting, and award prizes and medals in recognition of scientific distinction.The Anniversary prize of the Gesellschaft fur Biochemie unde Molekularbiologie (Biochemistry and Molecular Biology) is awarded to scientists under the age of 40 for their outstanding achievement in Biochemistry and Molecular Biology. The prizes are provided by the pharmaceutical companies Boehringer Mannheim GmbH and Eppendorft Geratebau-Netheler & Hinz GmbH. The award was presented at the FEBS Congress in Budapest on July 6, 2005.

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ND Press Release 8/2006: Barabási co-edits new book and is awarded computing medal.