Amazon To Acquire Online Pharmacy PillPackBy
In a move impacting the pharmacy business, the online retailer Amazon has agreed to acquire PillPack, an online pharmacy in the US that offers pre-sorted doses of medications for home delivery for people taking multiple daily prescriptions.
“PillPack’s visionary team has a combination of deep pharmacy experience and a focus on technology,” says Jeff Wilke, Amazon CEO Worldwide Consumer, in a June 28, 2018 company statement. “PillPack is meaningfully improving its customers’ lives, and we want to help them continue making it easy for people to save time, simplify their lives, and feel healthier. We’re excited to see what we can do together on behalf of customers over time.”
PillPack delivers medications in pre-sorted dose packaging, coordinates refills and renewals, and makes sure shipments are sent on time.
Completion of this transaction is subject to regulatory approvals and other customary closing conditions. The parties expect to close the transaction during the second half of 2018.