Amazon to Acquire Online Pharmacy

Published on: 

Amazon will acquire PillPack, an online pharmacy that offers pre-sorted doses of medications and home delivery.

Amazon announced on June 28, 2018 that it has entered into a definitive merger agreement to acquire PillPack, an online pharmacy that delivers medications in pre-sorted dose packaging, coordinates refills and renewals, and ensures that shipments are sent on time for people taking multiple daily prescriptions in the United States.

Completion of this transaction is subject to regulatory approvals and other customary closing conditions. The parties expect the transaction to close during the second half of 2018.

“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 company press release. “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.”

Advertisement

Source: Amazon