PillPack delivers prescription drugs to customers' doors. The company delivers medications to customers in pre-sorted doses created to make it easier for people to take multiple medications a day. PillPack uses PharmacyOS, a software platform created entirely in-house, to help manage each customer's medications, coordinate refills and renewals, and make sure each shipment is sent on time, every time. PillPack had reportedly been in talks with Walmart - one of Amazon's big rivals - for an acquisition, and we confirmed that this was indeed the case.
CVS reported prescription sales of $59.5 billion a year ago, and Walgreens sold $57.8 billion worth of drugs in its fiscal 2017.
Terms of the deal have not been disclosed by Amazon, but sources close to the deal say it was for just under $1 billion. Hill sees supply-chain stocks potentially trading below 10 times their price-to-earnings multiples as competition heats up.
With PillPack's processes and knowledge of the industry and Amazon's vast network of resources, the deal could provoke a moment of genuine disruption in healthcare, which is already going through a digital metamorphosis.
With its far-reaching and widely popular online site, Amazon moves closer to establishing beachheads in medicine chests across the US and using that muscle to alter the traditional playbook for prescription drug distribution. Earlier this year, Amazon CEO Jeff Bezos, along with fellow CEOs Warren Buffett of Berkshire Hathaway Inc. and Jamie Dimon of JPMorgan Chase & Co., announced an unnamed venture to tackle healthcare access and costs for their employees. PillPack holds mail order pharmacy licenses in all 50 states.
Neil Saunders, managing director of GlobalData Retail, called the acquisition a "warning shot" by Amazon to others in the drug space.
But no area of the market felt the pain worse than pharmacies themselves.
The transaction is expected to close during the second half of 2018. In a video explaining the system, PillPack CTO and co-founder Elliot Cohen said PharmacyOS is "more than just a rethinking of a pharmacy system".
According to AFP , Faid has "said his life of crime was inspired by American films such as " Scarface " and " Heat ". One of his prison supervisors said that Faid had never had any conflict with staff, "but we must always be wary".
So far, all is quiet on Trump's Twitter feed, the president's usual forum for airing threats and grievances. He did say that he doesn't agree "with those who demonize or vilify the Federal Bureau of Investigation ".
The former US Open victor earlier put a 179-yard approach shot to inside five foot to set up birdie on the par-4 sixth hole. Woods followed with a 16-foot birdie putt at the par-4 15th, but missed a six-footer to bogey the par-3 17th.
In a shocking evocation, a BJP leader from Madhya Pradesh offered Rs 5 lakh to whoever could behead the Mandsaur rape accused. The second suspect, 24-year-old Asif of Mandsaur, is a close friend of accused Irfan, who is already in custody.
Wade would not be acceptable to me, because that would indicate an activist agenda that I don't want to see a judge have". Abortion was expected to be a key topic for senators when they question Trump's nominee in confirmation hearings.
The moment overshadowed a commanding performance from the Brazilians and Neymar , who netted his sixth goal in World Cup finals. Mexico were on the ropes, but Casemiro spurned a great chance to stretch Brazil's lead, seeing his shot blocked by Ochoa.
Hopes were also high for finding some kind of access through fissures on the mountainside that might lead to shafts into the cave. In addition to the divers, teams have been working to pump out water as well as divert groundwater.
The lipstick that Democratic socialist Alexandria Ocasio-Cortez wore during a debate sold out online after her primary victory. It was clear to her, even then, that the zip code a child was born in determined much of their destiny.
The statement reported by Saudi media did not mention any intention by Saudi Arabia to raise production by 2m barrels per day. Oil Minister Dharmendra Pradhan in Mumbai said India will decide on Iranian imports keeping its best interest in mind.
Brazil won Group E with an unbeaten 2-1-0 record, while Mexico finished second in Group F despite a slight scare on the final day. Ochoa's resolve was finally breached through Neymar , who tucked home Willian's cross with an outstretched leg on 51 minutes.
Belgium beat Japan 3-2 to reach quarter-finals
But, says Roberto Martinez, that's been the advantage of coaching the Belgians, to whom he speaks "the language of football". Belgium gave an astonishing performance in group stage as they bagged victory in all of their matches of group G.
Canada tariffs on $12.6B of USA goods take effect
The U.S. has also levied steel and aluminum tariffs against Mexico, China, Turkey, India, and the European Union. The United States, in fact, previous year enjoyed a $2.8 billion overall trade surplus with Canada.