Innovation

CorInnova, NAVi win pediatric device pitch competition


By Christine Hall | October 2, 2017

Two companies with ties to the Texas Medical Center took top prizes recently at the Fifth Annual Pediatric Device Innovation Symposium organized by the Sheikh Zayed Institute for Pediatric Surgical Innovation at Children’s National Health System.

Taking home $50,000 each were Houston-based CorInnova Inc., a soft robotic, non-blood-contacting biventricular cardiac assist device for the treatment of heart failure in children, and Melbourne, Australia-based NAVi Medical Technologies, a device to provide accurate information about the localization of an umbilical venous catheter (UVC) used in critically-ill newborns to reduce the risk of catheter malposition.

CorInnova resides in Johnson & Johnson Innovation’s JLABS, while NAVi is part of the current TMCx medical device accelerator. Both programs are part of the Texas Medical Center’s Innovation Institute.

“CorInnova is excited to win the award, confirming that our device’s advantages for adult cardiac assist patients are even more important to the pediatric population,” said William Altman, president and CEO of CorInnova. “This $50,000 award will fund work to downsize our device and then do proof of concept testing in smaller animals, jump-starting our efforts to obtain grant and philanthropic funding for pediatrics.”

Meanwhile, being part of the TMCx program and the pediatric competition has allowed Shing Yue Sheung, co-founder and COO of NAVi , to broaden his network, he said.

“We came from Australia to expand our network, and the Texas Medical Center gave me the opportunity to get know the network in Houston,” Sheung said.

The “Make Your Medical Device Pitch for Kids!” competition, sponsored by the National Capital Consortium for Pediatric Device Innovation (NCC-PDI)—an FDA-funded consortium led by Children’s National and the A. James Clark School of Engineering at the University of Maryland—received 98 submissions from five countries. Four companies were awarded $50,000 each and two were awarded $25,000. The six winners were selected from a field of 12 finalists.

During the competition, a question-and-answer session followed a five-minute pitch from each finalist. Sheung said the work he has done at TMCx helped him get through the Q&A.

“Along with help from the other startups here, I am asked difficult questions in TMCx every day, which help to validate our product, so it prepared me for the judge’s questions,” he said. “As a startup in the early stages, sometimes you don’t know if you are on the right track. Having this positive result shows that we are doing something good here, and it keeps me motivated and excited about what we are doing.”

 




Social Posts

profile_image

Memorial Hermann

@memorialhermann

This spiced beet salad is a sure crowd-pleaser to bring to your #holiday gathering. Get the recipe here: https://t.co/V65Qt0OcnM. #healthyfood https://t.co/VsuU5nrMn0

34 mins ago
profile_image

Rice University

@RiceUniversity

Even though this lightweight material is full of holes, it's nearly as hard as diamond and stops bullets better than solid materials: https://t.co/N1QBG6C6yz https://t.co/CZTLL3qyDf

47 mins ago
profile_image

Veterans Affairs

@DeptVetAffairs

Today’s #VeteranOfTheDay is Army Veteran Boris A. Stern, who fought at the Battle of the Bulge and Battle of the Rhineland during World War II: https://t.co/4GVemb8y4p

1 hour ago
profile_image

Texas Children's

@TexasChildrens

Dr. Lisa Gaw, pediatrician and director at Texas Children’s Urgent Care Westgate, weighs in via @austin360: https://t.co/krYY7O3tuR

1 hour ago
profile_image

Texas Children's

@TexasChildrens

RT @austin360: The holidays are upon us, and so is the increased eating and the risk of choking. Make sure you know what to do ⤵ https://t.…

1 hour ago
profile_image

Texas Children's

@TexasChildrens

RT @LinaHidalgoTX: Today I toured the Texas Children’s Hospital @TexasChildrens to learn about the incredible work that they do. The amazin…

1 hour ago
profile_image

BCMHouston

@bcmhouston

How is your social media habits effecting your kids? Dr. Laurel Williams explains. https://t.co/04xUcmpG93 #socialmedia #mentalhealth

2 hours ago
profile_image

BCMHouston

@bcmhouston

RT @ARosen380: True honor and privilege to present today on our work in Colorectal Cancer Outreach and education at @BCMCancerCenter at @NC…

2 hours ago
profile_image

BCMHouston

@bcmhouston

RT @BCMCancerCenter: Did you know today is World Pancreatic Cancer Day? Learn more about our clinical trials for this disease. https://t.co…

2 hours ago
profile_image

TexasHeartInstitute

@Texas_Heart

Do economic factors contribute to heart disease death rates? A preliminary study says heart disease deaths increased in counties hit hard by the 2008-09 recession. https://t.co/TkD0lBZn0z via @UPI

2 hours ago
profile_image

MD Anderson Cancer Center

@MDAndersonNews

“Don’t delay seeing a doctor if you think something’s wrong. You know your body better than anyone else,” says Herman Connor, a #kidneycancer survivor: https://t.co/O3s3i59PMl #endcancer https://t.co/pmH1LDTmGT

2 hours ago
profile_image

University of Houston

@UHouston

We are excited to announce a virtual tour that will allow you to explore campus like never before. Check it out now on our homepage or the UH Go Mobile App. #GoCoogs! https://t.co/MfuoO4vMB8

2 hours ago
profile_image

MD Anderson Cancer Center

@MDAndersonNews

@wfpinky @cher @benatargiraldo Safe travels, Marissa.

2 hours ago
profile_image

Rice University

@RiceUniversity

RT @RiceUNews: We can’t yet build with unlimited piles of diamond, no. But @RiceUniversity researchers have figured out the next best thing…

3 hours ago
profile_image

Harris Health System

@harrishealth

More than 34 million Americans smoke, and smoking remains the largest preventable cause of death and illness in the world. Smoking causes an estimated 480,000 deaths every year. Make the decision to quit smoking today! #GreatAmericanSmokeouthttps://t.co/n4c7C3vqTp https://t.co/ebXcuhTouS

3 hours ago