NAVi secures $20k cash prize at Healthtech Innovation Challenge
Congratulations to NAVi CEO Alex Newton for delivering a winning pitch at the Grahame Clarke Institute's "HealthTech Innovation Challenge" last night.
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 participants who demonstrated innovative inter-disciplinary research, and who showed 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 said after receiving the award. He further added "securing the $20,000 cash prize will go towards our upcoming research into neonatal vascular access, which will commence later this year."