The Medical Advisory Board (MAB) comprises a group of scientists from across Canada, the United States, Europe, Asia and Australia. Each January, the MAB meets in Toronto to review the nominations submitted by the Medical Review Panel. After an in depth study and lengthy discussion of each nominee, comparing their work with others in their respective field, secret ballots are cast and the five or six annual winners chosen.

The members of the Medical Advisory Board are:

John H. Dirks, M.D. (Chair) The Gairdner Foundation, Toronto, ON         
Alain Beaudet, M.D., Ph.D., Canadian Institutes of Health Research, Ottawa, ON
John Bell, D.M. F.R.C.P. Oxford University, UK
Elizabeth Blackburn, Ph.D. University of California, San Francisco, USA
Sydney Brenner, D.Phil. F.R.S. The Salk Institute, San Diego, CA, USA
Linda B. Buck, Ph.D.  Howard Hughes Medical Institute, Seattle, WA, USA
John R. G. Challis, D.Sc., Ph.D., F.R.S.C. University of Toronto, Toronto, ON
David Colman, Ph.D. Montreal Neurological Institute, Montreal, QC
Suzanne Cory, Ph.D., Walter and Eliza Hall Institute of Medical Research, Parkville, Australia
Victor Dzau, M.D. Duke Hospital South, Durham, NC, USA
Jeffrey Flier, M.D. Harvard University, Boston, MA, USA
Cyril B. Frank, M.D. University of Calgary, Calgary, AB
Jack Gauldie, Ph.D. (Co-Chair, MRP) McMaster University, Hamilton, ON
Michael Hayden, PhD. University of British Columbia, Vancouver, BC
F. Ulrich Hartl, Professor M.D. Max-Plank-Insitut, Munich, Germany
Robert Horvitz, Ph.D. Massachusetts Institute of Technology, Cambridge, USA
Philip A. Marsden, M.D. (Co-Chair MRP)
Roderick McInnes, Ph.D. University of Toronto, Toronto, ON
Benjamin Neel, M.D., Ph.D., Ontario Cancer Institute, Toronto, ON
Ronald E. Pearlman, Ph.D. York University, Toronto, ON
Richard Rachubinski, Ph.D., University of Alberta, AB
Robert Roberts, M.D., FRCP(C), MACC, Ottawa, ON
Guy Rouleau, M.D., PhD. Université de Montréal
Phillip A. Sharp, Ph.D. Massachusetts Institute of Technology, Boston, MA, USA
J. G. P. Sissons, M.D., F.R.C.P., F.R.C. Path., University of Cambridge, Cambridge, UK
Ralph M. Steinman, M.D. Rockefeller University, New York, NY, USA
Lap-Chee Tsui, Ph.D. F.R.S. F.R.S.C. University of Hong Kong, Hong Kong
Michael Tyers, Ph.D. University of Edinburgh, UK