Technology

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 company is looking to expand its coverage across China's Greater Bay Area.

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.

The completed deal comes weeks after LetsGetChecked announced its intent to acquire Veritas Genetics and Veritas Intercontinental.

The device allows them to use handheld controllers to play video games.

Also: Dental startup VideaHealth scores FDA clearance for its cavity-detection algorithm, and Headspace Health adds to its executive team.

"We have made mistakes, and I'll admit we'll continue to make mistakes and to learn," says CMO David Mou.