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Amazon buys PillPack

FILE – This Sept. 6, 2012, file photo, shows the Amazon logo in Santa Monica, California. (AP Photo/Reed Saxon, File) (Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistribu)

(Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistribu)

Watch out, CVS and Walgreens: Amazon on Thursday announced plans to acquire PillPack for an undisclosed amount.

PillPack, for the uninitiated, is an online pharmacy that makes it easy for people who are different recipes per day. The company sorts your pills per dose, including vitamins and over-the-counter medicines, in a personalized daily packages and delivers everything right to your door every month.

 

In a statement, PillPack CEO and Co-Founder TJ Parker said that the company, along with Amazon, plans to “continue to work with partners in healthcare to help people in the US who can benefit from a better pharmacy experience.”

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The transaction is expected to close in the second half of 2018.

“PillPack’s visionary team has a combination of deep pharmacy experience and a focus on technology,” Amazon CEO of the Global Consumer Jeff Wilke said in a statement. “PillPack is a meaningful improvement of the lives of its customers, and we want to help them continue making it easy for people to save time, simplify their lives, and feel healthier. We are excited to see what we can do together on behalf of customers in the course of time.”

PillPack earned an “excellent” rating in PCMag’s 2014 review.

“PillPack is a wonderfully convenient service for getting prescription and non-prescription medications delivered to your door and doled out in packets with labeling that tells you when to take them,” we wrote at the time. “Everyone who is of different prescription pills a day should look into it.”

The acquisition comes after Amazon in January along with Warren Buffett’s holding company Berkshire Hathaway and financial services giant JPMorgan Chase to a not-for-profit organization focused on serving the health care needs of their AMERICAN workers.

“Hard as it may be, reducing the health care burden on the economy, while improving outcomes for workers and their families would be worth the effort,” Amazon CEO Jeff Bezos said at the time. “Success is going to require talented experts, a beginner’s mind, and a long-term orientation.”

This article originally appeared on PCMag.com.

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