Huxley , Alan Hodgkin and John Eccles jointly won the 1963 Nobel Prize in Physiology or Medicine `` for their discoveries concerning the ionic mechanisms involved in excitation and inhibition in the peripheral and central portions of the nerve cell membrane '' .
Huxley won the 1963 Nobel Prize in Physiology or Medicine for his experimental and mathematical work with Alan Hodgkin on the basis of nerve action potentials .