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The size of the healthcare industry is attractive to entrepreneurs, but the highly regulated field can be a challenge for startups.
Their first project will involve the use of AI contouring to cut time for planning radiation therapies.
Under the deal, MedRhythms would receive a $3 million upfront payment and could earn up to $117.5 million if certain milestones are met.
The round included a strategic investment from pharma giant Gilead Sciences to expand their partnership for decentralized and hybrid trials.
The company is looking to expand its coverage across China's Greater Bay Area.
Practice management platform PracticeHub goes live with access to medical supplies from Team Medical
Team Medical offers a range of products from medical equipment and surgical instrument to disposables.
The firm plans to expand its chronic disease treatments across more therapeutic areas.
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 suspension comes as the digital mental health company faces increasing pressure over its prescription practices, particularly for ADHD medications.
Also: Imagene AI raises $21.5 million across two rounds for precision cancer care, and Capable Health scores $6 million in seed funding to help providers build healthcare apps.