Amazon Acquires an Online Pharmacy For $1 Billion
The e-commerce giant Amazon has reportedly acquired an online pharmacy called PillPack that fill, sort, and deliver all your medications in personalized packets based on when you need to take them.
The amount of the deal is claimed to be roughly around $1 billion in cash for PillPack. This acquisition will give Amazon the ability to ship prescriptions around the country, and overnight.
PillPack is a full-service pharmacy that delivers a better, simpler experience for people managing multiple medications. With the help of PillPack, the customers can contact the pharmacists 24/7, update their medication at any time and also review their bill in your monthly summary.
“PillPack’s visionary team has a combination of deep pharmacy experience and a focus on technology. PillPack is meaningf...