Finance

This new round of funding brings the company's total raise to roughly $95 million. 

This new infusion of cash comes roughly two years after the company closed a $60.75 million Series D round. 

The prescription digital therapeutics company said the transaction generated approximately $175 million.

This week's top stories include baby tech company Owlet pulling its connected-sock wearables following an FDA warning letter, and TeamHealth's victory in a lawsuit accusing UnitedHealthcare of engaging in unfair reimbursement practices.

The companies position the acquisition as a way to reduce costs for patients and improve the financial health of provider organizations.

New NHS platform launched to address mental health crisis in young people.  

Also, HP Malaysia launches new Engage products to help healthcare businesses optimise operations.

Also: RenalSense scores $14 million for its renal diagnostic, and InsurMedix rakes in $15 million for fertility insurance. 

Digital infrastructure company Lifen has raised $58M (€51M) in funding, which will go towards working with 1,500 hospitals and 200 eHealth solutions by 2025.