Deals

Five Questions About Amazon’s Play for the $300 Billion Pharmacy Market

PillPack offers online giant a market entry, not a guarantee
‘It’s the consumer that disrupts industries:’ Aetna CEO

Amazon is buying online pharmacy PillPack for $1 billion dollars. Bloomberg’s Emma Chandra reports.Source: Bloomberg)

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Robert Langreth, Zachary Tracer, and Jared S Hopkins

June 29, 2018 at 4:00 AM UTC

Updated on

June 29, 2018 at 8:40 PM UTC

This article is for subscribers only.

Amazon.com Inc. is buying its way into the pharmacy business. Now the question is, how big can it get?

PillPack, the startup pharmacy that Amazon is buying for about $1 billion, for now focuses on a narrow segment of patients who are on many different medications. It packages pills in individual packets that help people remember when to take their drugs every day, a common challenge for people taking, for example, drugs for diabetes, high cholesterol and blood pressure.