Amazon Buys PillPack, an Online Pharmacy, For Just Under $1 Billion

June 28, 2018 at 01:54PM
via Slashdot

An anonymous reader quotes a report from TechCrunch: A week after appointing a CEO for its healthcare joint venture with Berkshire Hathaway and JPMorgan, Amazon today announced an acquisition that underscores how it also hopes to have a more direct -- and more commercial -- role in the world of healthcare in the coming years. The company has purchased PillPack, an online pharmacy the lets users buy medications in pre-made doses. Terms of the deal have not been disclosed by Amazon, but sources close to the deal say it was for just under $1 billion.
PillPack has a license to operate in all 50 states in the U.S. and has other accreditations such as URAC AND VIPPS, but it doesn't seem to be operational in international markets. Its PharmacyOS -- the system it has built that forms the basis of the company -- is a platform that helps manage patient data and figure out how to balance meds together in safe doses for its customers.



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