Son of a railway engineer, Czerny grew up in Vienna and as of 1879 in Pilsen, where he passed his Abitur exam in 1882.
In 1893, after his habilitation treatise on glycogen and amaloid disorder and an appertaining lecture on the nutrition of newborns he received two offers for chairs of pediatrics in Innsbruck and Breslau.He opted for Breslau and worked there until 1910.
As professor emeritus he accepted a chair for pediatrics at the Medical Academy in Düsseldorf, where he temporarily was head of the local Children's Hospital from 1934 to 1936.
His repeatedly re-edited collection of lectures of 1908 "Der Arzt als Erzieher" ("The physician as an educator") demonstrated this pedgogical approach.
The award was started in 1963 (the 100th anniversary of Czerny' birth) and goes to persons with outstanding scientific achievements in pediatrics.