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Amazon buys an online pharmacy to beef up its healthcare offering

"Genia Hennings" (2019-10-05)

-text c-gray-1" >Today, Amazon announced it is purchasing the online pharmacy PillPack. Pricing and the terms of the deal weren't disclosed in the release, but it does say that both companies expect that the deal will close sometime in the the second half of this year.

PillPack is an online pharmacy geared towards people who take daily prescriptions. It offers home delivery service and packaging that is pre-sorted per dose.

Last year, there was speculation that Amazon was looking to enter the healthcare industry by buying an online pharmacy. Then, earlier this year, the best india pharmacies online retail giant teamed up with Warren Buffet and JPMorgan Chase to launch some sort of healthcare company intent on improving the quality of care while reducing rampant costs. This is just the latest move signaling Amazon is serious about this new venture.

Via: Bloomberg Source: Business Wire In this article: amazon, business, healthcare, medicine, pillpack All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. Comments 217 Shares Share Tweet Share Save Popular on Engadget
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