Samir K Brahmachari and MRS Rao will be jointly presented the Dr BR Ambedkar Centenary Award for their outstanding contribution in the field of bio-medical research.
Apart from conferring the prestigious award on the two scientists, the Indian Council of Medical Research also announced it will be honouring 31 other scientists in the country for their research work for the year 2004-05.
Union Health Minister Anbumani Ramadoss will present these awards to the scientists in July.
Director of the Institute of Genomics and Integrative Biology, Brahmachari is known for his contribution in molecular discoveries in the areas of genomics that led others to develop approaches for cancer therapeutics.
Rao, who is the President of the Jawaharlal Nehru Centre for Advanced Scientific Research at Bangalore, has used several ingenious and novel methods to identify mammalian recombination hotspots in mouse and humans, according to a official release issued on Saturday.
A co-discover of the gene involved in a particular type of colon cancer, he has been credited for initiating genomic approaches towards understanding various biological processes in both normal and diseased conditions.
The award, instituted in 1991-92, carries a cash award of Rs one lakh.
The other scientists who will be awarded include Jai Bhawan Sharma of AIIMS, SK Sarin of GB Pant Hospital and KS Jacob of CMC Vellore.