Navi Secures $20k Cash Prize at Healthtech Innovation Challenge

Left to right: Wei Sue (CFO), Alex Newton (CEO), Christiane Theda (CMO, Medical)

Left to right: Wei Sue (CFO), Alex Newton (CEO), Christiane Theda (CMO, Medical)

Navi CEO Alex Newton delivered a winning pitch at the Graeme Clark Institute's HealthTech Innovation Challenge.

Navi was selected to present with seven other finalists to a panel comprising of representatives from hospital, academic, industry and government organisations. The judges awarded a $20,000 cash prize to Navi and other participants who demonstrated innovative inter-disciplinary research - specifically those showcasing significant potential for future funding by granting bodies and/or industry.

"Winning this award is further validation that our medical device, the Neonav, is addressing an important but often overlooked medical problem in the neonatal population,” Alex Newton stated after receiving the award. He continued, “Securing the $20,000 cash prize will go towards our upcoming research into neonatal vascular access."