The International Atomic Energy Agency has decided to use its half of the $1 million Nobel Peace Prize award to improve cancer treatment and nutrition in the developing world.

The 35-member board of the U.N. nuclear agency agreed Friday to create a fund for fellowships and training to improve cancer management and childhood nutrition in these nations.

In October, the Norwegian Nobel committee presented the agency and its director, Mohamed ElBaradei, with the prestigious prize.  The award was given in recognition of their efforts to use nuclear energy in safe, peaceful ways and prevent it from being used for military purposes.

Mr. ElBaradei plans to use his share of the prize money to assist orphanages in his native Egypt.

Some information for this story provided by AP.