04/20/2015 09:03 EDT | Updated 06/20/2015 01:12 EDT

Stanford, Harvard scientists to share $500,000 prize for work on new research technologies

ALBANY, N.Y. - Two scientists whose work on modern research technologies is expected to speed the pace of medical discoveries will receive one of the richest prizes in medicine and science next month in New York.Officials say the $500,000 Albany Medical Center Prize in Biomedicine and Biomedical Research will be shared by Dr. Karl Deisseroth (DEYES'-uhr-ahth) of Stanford University and Xiaoliang Sunney Xie (zhoh-LEHNG' SUH'-nee zhee) of Harvard University.Deisseroth's work includes developing imaging technology that allows brain researchers to gain greater insight into a wide range of psychiatric diseases and other conditions.Xie's imaging work has advanced the field of single-cell biology, yielding new information on how individual molecules can affect cellular life and human diseases.