History of diabetes of 1923, 25,000 patients were being treated in Canada and the United States. For this, Banting and laboratory director John MacLeod received the Nobel Prize in Physiology or Medicine in 1923; both shared their Prize money with others in the team who were not recognized, in particular Best and Collip. Banting and Best made the patent available without charge and did not attempt to control commercial production. Insulin production and therapy rapidly spread around the world, largely as a result of this decision. Banting is honored by World Diabetes Day which is held on his birthday, November 14. The distinction
Banting House headed during the Second World War, and an entire gallery filled with artwork done by Banting. Adjacent to the museum is Sir Frederick G. Banting Square, a garden with several information plaques, and three main attractions. Two of the attractions, a full-sized sculpture of Banting writing his life-altering idea down, and the Flame of Hope, were unveiled by Her Majesty Queen Elizabeth The Queen Mother. The Flame of Hope, symbolizing the hope for a final cure for diabetes, was kindled by Her Majesty during her visit. The third attraction is the globe sculpture, which was added more recently in 2010.