A memorial, at the University of Manchester, is a "reminder for the medical professionals of tomorrow".
Hepatitis C Trust calls payouts for men infected with HIV and hepatitis as children "wholly inadequate".
Mark Ward, from Peacehaven, was 14 when he was diagnosed with HIV and hepatitis C.
Maegan Clay's relationship with her father broke down during her childhood and she thought he was faking illness to excuse his behaviour.
The man secured the pay out in a settlement reached with the body overseeing claims by thousands of victims across the UK.
Thousands were infected with HIV and hepatitis C in the worst treatment disaster in NHS history.
The announcement comes two weeks after a heavily critical report into payments to thousands of victims.
Payments need to be made fairer and faster, the chair of the public inquiry into the disaster says.
Hazel Busby, who contracted hepatitis C, has been waiting over a year for government compensation.
