Amazon acquires online Pharmacy PillPack
Amazon entered the pharmaceutical industry with the acquisition of tech-focused retailer PillPack, an online pharmacy which operates in all 50 US states and offers pre-sorted dose packaging and home delivery. This is a threat to the traditional players like Walgreens and CVS in acquiring market shares. According to PillPack CEO Parker, with Amazon they are eager to provide better pharmacy experience to people throughout the US.