Press release

Neola Medical named finalist for Sweden’s new global innovation award at World Expo 2025 in Japan

Neola Medical has been named one of eight finalists for the Pioneer Prize, a new global award recognizing Swedish innovation with international impact. The award will be presented during the World Expo in Osaka, Japan, where CEO Hanna Sjöström will represent Neola Medical in conjunction with the official Swedish delegation, led by HM The King of Sweden and Minister for International Development Cooperation and Foreign Trade, Benjamin Dousa.

The finalists, selected from over 200 small and medium-sized Swedish companies, represent scalable solutions contributing to the green and digital transition.

“Our technology addresses a critical global need in neonatal care. This nomination brings valuable international exposure and opens doors for future global expansion. We are proud to represent Swedish technology innovation and honored to be part of the official Swedish delegation to Expo Osaka,” says Hanna Sjöström, CEO of Neola Medical

“The nominated companies address real-world challenges, from reducing emissions in the steel industry to revolutionizing healthcare. Through this award, we aim to support the internationalization of Swedish companies and demonstrate that Sweden offers scalable solutions for both the green and digital transition,” says Madeleine Sjöstedt, Director-General of the Swedish Institute

Public voting is open until May 12 at www.pioneerprize.com. The winner will be announced on Sweden’s National Day, May 14, during the Business Summit at Expo Osaka, and will present their innovation to the Swedish business delegation.

About the Pioneer Prize
The Pioneer Prize is organized by the Swedish Institute in partnership with Business Sweden to promote Sweden’s most promising innovation companies globally. All eight finalists are alumni of Business Sweden’s Catalyst program, a scale-up initiative supporting international growth for high-potential startups across life science, energy, industry, and tech.

The 2025 Pioneer Prize finalists
Neola Medical – Life Science
Blue Ocean Closures – Packaging
Candela – Transportation
Cemvision – Industry
Corpower Ocean – Energy
Elonroad – Transportation
GreenIron – Industry
Modvion – Energy

About Neola Medical
Neola Medical AB (publ) develops an innovative medical technology device for non-invasive, continuous lung monitoring and real-time alerts of potentially life-threatening lung complications in preterm born babies. By enabling instant detection, the technology aims to support earlier intervention, improve clinical decision-making, enhance long-term outcomes, and ultimately contribute to saving lives. The patented, cutting-edge technology was developed at Lund University in Sweden and is based on a spectroscopic method that measures changes in lung volume and oxygen gas concentration. Neola Medical builds on Sweden’s longstanding legacy of medical technology innovation and contributions to global health care. Neola Medical was founded in 2016 and is listed on NASDAQ First North Growth Market (ticker: NEOLA). Read more at www.neolamedical.com. The company’s Certified Adviser is FNCA Sweden AB.