1. Frederick Banting and Charles Best discovered insulin in the 1920s while experimenting with pancreatic extracts from dogs at the University of Toronto. 2. Their early experiments showed that extracts from the pancreatic islets of Langerhans could lower blood sugar levels in diabetic dogs. 3. The first successful use of insulin on a human, a 14-year-old boy dying of diabetes, helped establish insulin as an effective treatment for diabetes. Banting and Best were later awarded the Nobel Prize for their discovery.