Amazon acquires drugstore online for $ 1 million

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Announced Amazon recently she collaborated with JP Morgan and Berkshire Hathaway in a joint venture for health care, and after just a week, the partners appoint a chief executive for the project. And recent acquisition the purchase of the Amazon to the role that may require the company to meet in the health care sector in the future. In fact, I have a company Amazon recently acquired the position of PillPack, a pharmacy on the internet enables customers to buy medicines.

Although Amazon did not disclose terms of its deal with PillPack, but sources close to the transaction said to TechCrunch that the Company paid slightly less than million dollars for the purchase of PillPack. It is reported that Walmart was in talks with the company to secure them, but it seems that Amazon click on the page display the best received company in the end.

It will be interesting to see how it will improve the company PillPack services now that the acquisition by Amazon, which obviously have huge resources and can buy PillPack take advantage of them to develop their services in the future. Said Jeff Wilke, CEO of the global organization section in Amazon : ” seeing the team work PillPack include experience pharmacy deep focus on technology “.

Tell Amazon that it will be closing this page after that you get the regulatory approvals and respond to the other conditions. The company expects to close this transaction during the second half of this year.


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