prize

Navi Wins Top Cash Prize at Medtech's Got Talent National Finals Gala

Pictured from left to right: David Grayden, Shing Sheung (COO), Wei Sue (CFO), Alex Newton (CEO), Mubin Yousuf (CTO)

Pictured from left to right: David Grayden, Shing Sheung (COO), Wei Sue (CFO), Alex Newton (CEO), Mubin Yousuf (CTO)

Last week, Navi was awarded a top prize of $20,000 in cash at Medtech's Got Talent National's Final Gala. Additionally, Navi was also voted as the "People's Choice" start-up company - and consequently received a further $1,000 cash prize.

The winning pitch, delivered by Navi Co-founder Wei Sue, was presented at the National Finals as part of Australia's largest medical device accelerator program.

Eighteen of the best medical device startups from around Australia were selected to present at the black-tie event in Melbourne, Australia, in front of a panel of judges. Only the top 5 pitches at the event were awarded the $20,000 cash prize and granted entry into the next stage of the accelerator program.

Wei Sue stated she was thrilled with the win and “grateful for those that had helped Navi over the past few months.”

 "Receiving the EY Award at the Medtech's Got Talent 2017 Gala Night greatly validates the progress we've made in the last few months. Special thanks go to our mentors at D+I, University of Melbourne and Melbourne Business School - as well as the overwhelming support we've received from others in the community.”

Following this win, Navi is now eligible to commence an intensive mentoring and training program that begins December 2017 which offers assistance in raising seed investment.

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."

Navi Awarded with Grand Prize at the 5th Annual Symposium on Pediatric Device Innovation

Navi COO  Shing Sheung  (2nd from right) at the 5th Annual Pediatric Device Innovation Symposium.

Navi COO Shing Sheung (2nd from right) at the 5th Annual Pediatric Device Innovation Symposium.

NAVI was awarded $50,000 during the 5th Annual Symposium on Pediatric Device Innovation in San Jose, California on the 24th of September, 2017. 

The symposium is an FDA-sponsored pediatric medical device competition. The Fifth Annual Pediatric Device Innovation Symposium is held in San Jose, California. It has been organized by the Sheikh Zayed Institute for Pediatric Surgical Innovation at Children’s National Health System. The symposium’s stated main purpose is to further the innovation and commercialisation of medical devices - specifically those specialising in pediatric care. 

NAVI was selected as one of twelve finalists to pitch its pediatric medical device innovation, the neoNAV, at the “Make Your Medical Device Pitch for Kids!” competition to a panel of judges in a bid to secure part of the $250,000 prize pool and consultation services.

“Our heartfelt congratulations to Navi Medical Technologies for being selected amongst a highly competitive field of worthy devices," said Kolaleh Eskandanian, Ph.D., executive director of the Sheikh Zayed Institute and NCC-PDI. "In our role as a catalyst for pediatric innovation, we see this as the beginning of our relationship with Navi.”

 

A special mention goes to Navi COO Shing Yue Sheung, who acted as Navi’s representative and represented Navi’s medical device, the Neonav, at the competition in San Jose.

 

Twelve finalists were given five minutes to present their proposal to the judging panel, which included Susan Alpert, M.D., of SFA Consulting, a former director of the FDA Office of Device Evaluation and former senior vice president and chief regulatory officer of Medtronic; Charles Berul, M.D., of Children’s National; Andrew Elbardissi, M.D., of Deerfield Management; Rick Greenwald, Ph.D., of the New England Pediatric Device Consortium (NEPDC); James Love, J.D., of Oblon; Josh Makower, M.D., of NEA; Jennifer McCaney, Ph.D., of MedTech Innovator; Jackie Phillips, M.D., of Johnson & Johnson; and Tracy Warren of Astarte Ventures