The Melbourne Business School, in partnership with the University of Melbourne, has awarded the Navi team the "2018 Alumni Leadership Award" at the Leadership Dinner event in Melbourne, Australia.
The Melbourne Business School Dean, Professor Ian Harper, honoured Navi at the event in light of its work in developing the Neonav - a catheter tip confirmation device that will assist healthcare professionals to reduce the high misplacement rates of central line catheters in neonates. "The School would like to recognise [Navi] for the inspirational success of your pioneering endeavour in paediatric medical technology with the presentation of the Alumni award..."
Navi CEO Alex Newton graciously accepted the award on behalf of team Navi. He stated his thanks for the support and guidance the university continues to offer in Navis pursuit of improving the standard of neonatal care. "It takes a lot of work to transform an idea factory into a revenue-generating business - and I am thankful for the continued support of the alumni and faculty of the Melbourne Business School."
Navi was formed out of the 2016 Biodesign and Innovation course - a joint venture between the Melbourne Business School and University of Melbourne. The course was designed to bring together biomedical engineers, MBAs, and clinicians to help identify and solve an existing and current medical need. “It’s great to see things come full-circle in this way - and have our efforts acknowledged by mentors who helped us initiate the start of Navi. We’re very excited to see the trajectory Navi will continue to be heading on next.”