Charles Best (medical scientist) the pancreatic extract and monitoring glucose levels, MacLeod assigned the biochemist James Collip to the team. In January 1922, while Collip was working on insulin purification, Best and Banting administered prematurely their pancreatic extracts to 14-year-old Leonard Thompson, who suffered a severe allergic reaction. Eventually, Collip succeeded in preparing insulin in a more pure, usable form. Banting, Best and Collip shared the patent for insulin, which they sold to the University of Toronto for one dollar. In 1923, the Nobel Prize Committee honoured Banting and J. J. R. Macleod with the Nobel Prize in Medicine for the discovery of insulin,
Sir Frederick Banting Secondary School at the school until she was elected in the 2006 federal election. Banting shares an almost exact floor plan with its sister school, Montcalm Secondary School. Sir Frederick Banting Secondary School has produced the Canadian olympic athletes Jason Tunks, three-time Summer olympian discus-thrower, heptathlete Jessica Zelinka, and speed skater Christine Nesbitt, gold-medalist at the 2010 Winter Olympics in women's 1000 m and silver-medalist at the 2006 Winter Olympics in the women's team pursuit. Jude St. John, a Grey Cup-winning Canadian football player, also attended Sir Frederick Banting Secondary School as well as NHL players Mike Van Ryn & Steve Rucchin.