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Amazon PillPack merger

Amazon moves to crack the pharmacy market

Amazon moves to crack the pharmacy market

NEW YORK — Amazon.com’s venture into the pharmacy market has finally been confirmed. On June 28, Amazon announced that it had entered into an agreement to buy U.S.-based online pharmacy PillPack. Amazon did not reveal details of the consideration, but CNBC reported that Amazon made an offer of $1 billion to acquire PillPack after Walmart

Community pharmacy confronts an Amazon-size headache

Community pharmacy confronts an Amazon-size headache

NEW YORK — For the pharmaceutical industry, and particularly drug store retail chains like CVS Pharmacy and Walgreens, Amazon.com is about to become a headache that not even the strongest pain meds can cure. The e-commerce behemoth recently announced its intent to purchase online pharmacy PillPack to the tune of around $1 billion in cash,

PillPack buy shows Amazon’s outcome-first approach

PillPack buy shows Amazon’s outcome-first approach

NEW YORK — A year after announcing it was acquiring Whole Foods Market, Amazon.com made a splash again, this time in the health care sector. On June 28, Amazon entered into an agreement to buy PillPack, an online pharmacy that offers presorted doses of medications and home delivery, for an estimated $1 billion. PillPack also

Amazon’s PillPack purchase jolts pharmacy industry

Amazon’s PillPack purchase jolts pharmacy industry

SEATTLE — Amazon.com has sent a major tremor through the retail pharmacy industry with its planned acquisition of PillPack, an online pharmacy that organizes prescriptions and vitamin supplements into daily dosage packets and delivers them to patients’ homes. The deal, which Bloomberg News values at about $1 billion citing “a person familiar with the matter,”

In face of Amazon, Rx needs to stay course

In face of Amazon, Rx needs to stay course

Amazon’s long anticipated, much ballyhooed entry into the retail pharmacy sector has finally taken place. The e-commerce powerhouse in late June agreed to pay a billion dollars to purchase PillPack, which packages prescription medications in presorted doses, along with over-the-counter health care products and nutritional supplements, and delivers them directly to patients’ homes. Cofounded in

As Amazon enters market, patients, physicians hopeful for health care disruption

As Amazon enters market, patients, physicians hopeful for health care disruption

NEW YORK —  Amazon’s announced acquisition of PillPack gives the tech giant a vehicle for disrupting the U.S. drug distribution market – and may come with a beneficial side-effect for pharma. Amazon will find substantial reception for its Rx distribution services among U.S. patients and physicians. Per DRG Digital | Manhattan Research 2018 study data, based