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STAT+: Swing Therapeutics acquired by medical VR platform XR Health
United States🏛️ Politics10 hr. ago

STAT+: Swing Therapeutics acquired by medical VR platform XR Health

Swing Therapeutics, which developed an FDA-cleared digital treatment for fibromyalgia, has been acquired by XR Health, a medical virtual reality company. This marks XR Health's sixth acquisition in two years and signals its shift toward becoming a leading provider of digital treatments for various conditions. XR Health's platform offers multiple VR-based applications targeting mental health, pain management, and other therapeutic areas, though these are registered with the FDA rather than cleared. The financial terms of the acquisition were not disclosed, as the company expects further acquisitions.

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STAT News logoSTAT NewsIndependentCenter10 hr. ago
STAT+: Swing Therapeutics acquired by medical VR platform XR Health

Swing Therapeutics, which developed an FDA-cleared digital treatment for fibromyalgia, has been acquired by XR Health, a medical virtual reality company. This marks XR Health's sixth acquisition in two years and signals its shift toward becoming a leading provider of digital treatments for various conditions. XR Health's platform offers multiple VR-based applications targeting mental health, pain management, and other therapeutic areas, though these are registered with the FDA rather than cleared. The financial terms of the acquisition were not disclosed, as the company expects further acquisitions.

Bias read (Center): The article reports on a corporate acquisition involving healthcare technology and does not take a stance on any political issue, policy, or controversy. It provides factual information about the acquisition and the companies involved without apparent bias or framing that favors one side over the.

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