This award has been instituted by relatives to Ellen and Niels Bjerrum in memory of the Danish chemist Niels Bjerrum (1879-1958). The price, which consists of a solid gold medal, has been awarded since 1959 to Danish chemists or to chemists with connections to Danish chemistry. The price is awarded in recognition of scientific achievements.
An agreement made in 2004 entitles The Danish Chemical Society to appoint the two chemistry professors at the chemistry departments of Copenhagen University and The Royal Veterinary and Agricultural University that according to the statutes should be members of the price committee. The presentation of the price will starting 2006 take place at the Danish Chemical Society's Summer meeting in Odense.