Amazon acquired PillPack
After entering the grocery space, Amazon is setting its sights on the pharmacy sector. On June 28, the company announced it had entered into an agreement to acquire PillPack. PillPack offers convenience for people in the US who take multiple daily prescriptions by delivering medications in pre-sorted dose packaging, coordinating refills and renewals and making sure shipments are sent on time.
“PillPack’s visionary team has a combination of deep pharmacy experience and a focus on technology,” says Jeff Wilke, Amazon CEO Worldwide Consumer. “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,” Wilke said.
“PillPack makes it simple for any customer to take the right medication at the right time, and feel healthier,” said TJ Parker, co-founder and CEO of PillPack. “Together with Amazon, we are eager to continue working with partners across the healthcare industry to help people throughout the US who can benefit from a better pharmacy experience,” Parker said.
The transaction is expected to close during the second half of 2018.