4. NAVi Medical Technologies
Amount received: $50,000
NAVi Medical Technologies received $50,000 for its device that gives accurate information about the localization of an umbilical venous catheter (UVC) used in critically-ill newborns to help reduce the risk of catheter malposition.
According to the company, about 30% of patients admitted to Neonatal Intensive Care Units (NICUs) require a potentially life-saving procedure called an Umbilical Venous Catheterisation (UVC). UVC procedures give a vital pathway to deliver nutrients and drugs to critically-ill babies. However, current techniques result in 40% attempts having misplaced catheters due to lack of real-time feedback. A misplaced catheter can often cause severe harm to a patient.