Disease management
The clearance represents what could be the world's first regulatory approval of a DTx app for hypertension treatment.
Also: Butterfly Network reports a year-over-year revenue increase of more than 25%, with a $44.5 million net loss, and One Medical announces a significant jump in revenue.
Under the deal, MedRhythms would receive a $3 million upfront payment and could earn up to $117.5 million if certain milestones are met.
Also: Pediatric behavioral health company Brightline partners with a youth health education nonprofit to develop teen programs, and digital fitness startup FitOn launches courses for seniors and people with chronic conditions.
The AI tech can spot signs of pancreatic cancer from non-contrast CT images.
The round comes nearly a year after the company announced it had raised $45 million in Series C financing.
Withings announced its B2B division, which included its first remote patient monitoring offering, in 2019.
Its fresh funds will support its product development and international expansion efforts.
The company aims to help the self-testing market grow by licensing its core technology for transforming smartphones into IVD devices.
Its web-based platform also guides patients to access appropriate medical care.