Amazon to buy PillPack in potentially disruptive drug retail push

Amazon to buy PillPack in potentially disruptive drug retail push

Amazon to buy PillPack in potentially disruptive drug retail push

The potential of Amazon’s (AMZN.O) move to disrupt major players across the drug supply chain on a nationwide level prompted a selloff in shares of potential future rivals, while sending its own shares up 2 percent. PillPack supplies pre-sorted prescription drugs and other services for people who take multiple medications, a growing market as the U.S. population ages and requires treatment for multiple complex, chronic conditions.

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Source:: https://finance.yahoo.com/news/amazon-acquire-online-pharmacy-pillpack-124736100.html