Amazon has a new side hustle . The company confirmed on Thursday that it ’s buying its way into the pharmacy industry by snapping upPillPack , a service that sells prescription drugs online .
Simple over - the - counter drug are already usable on Amazon.com , but this will stigmatize Amazon ’s first big foray into the pharmaceutical industry . PillPack describe itself as a “ full overhaul ” chemist’s . Its delivery are sealed into item-by-item daily packs , send out in a roll each month .
“ PillPack ’s illusionist team has a compounding of deep pharmaceutics experience and a focus on engineering science , ” Jeff Wilke , the gaffer of Amazon ’s consumer - facing commercial enterprise , pronounce in astatement . “ PillPack is meaningfully improving its client ’ lives , and we want to help them retain make it well-situated for people to save meter , simplify their aliveness , and feel hefty . We ’re emotional to see what we can do together on behalf of customers over time . ”
What , on the nose , the two companies plan to do together is n’t public . We ’ve reached out to Amazon to find out if PillPack will continue on as a somewhat independent company , if the table service will come along on Amazon.com someday , or if it ’ll get turn into something dystopian - sounding like “ Prime Prescriptions . ” Amazon reportedly paid“just under ” $ 1 billionfor the help .
Many have theorize how Amazon - as - a - pharmaceutics might bear upon the industry , sincerumors of an acquisitionfirst go forth last yr . Amazon may target client whoalready pay out of pocketfor drugs , admit both the uninsured or those with eminent deductible .
Amazon beganobtaining pharmaceutics licenseslast October , acquire them in 12 states , include New Jersey , Connecticut , and Nevada . In a crush handout , Amazon said the PillPack deal is have a bun in the oven to be done “ during the second half of 2018 . ”
[ CNBC ]
Amazon
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