Amazon makes big foray into health care with PillPack purchase and CVS feels the pressure

By
-
AMAZON.COM has agreed to purchase Boston-based PillPack, allowing the online retail giant to enter the pharmacy business directly. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS
AMAZON.COM has agreed to purchase Boston-based PillPack, allowing the online retail giant to enter the pharmacy business directly. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS
NEW YORK – Amazon.com Inc. has agreed to buy the online pharmacy startup PillPack, jumping into the health care business with a deal that will give the retail giant an immediate nationwide drug network. The move represents a formidable threat to pharmacy chains including Walgreens Boots Alliance Inc., which earlier Wednesday reported tepid U.S. same-store sales,…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

If you have already logged in and are still seeing this message, please refresh the page as your browser is caching the old content.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

RELATED ARTICLESMORE FROM AUTHOR

No posts to display