Inside Amazon's acquisition of PillPack as it prepares to take on CVS, Walgreens, and others in the $500B-a-year prescription drug market
Christina Farr / CNBC : Tweets: @eugenekim222 , @kellan , @drugchannels , @chrissyfarr , @chrissyfarr , @libertyrpf , @mattrosoff , @jordannovet , and @chrissyfarr . Thanks: @mattrosoff Tweets: Eugene Kim / @eugenekim222 : Pillpack had lofty revenue projections before the ~$800M Amazon acquisition. 2X revenue growth for 2 straight years. Great reporting by @chrissyfarr https://www.cnbc.com/... https://twitter.com/... @kellan : Great article from @chrissyfarr on Pillpack which has been very quiet since acquisition (despite significant expanding licenses and facilities). Also AZ seems to be poised to be the place to do pharma online as well as self driving cars https://www.cnbc.com/... Adam J. Fein / @drugchannels : From @CNBC: Behind-the-scenes story of the @amazon $AMZN deal for @PillPack. Article reveals that 2018 #pharmacy revenues were $299 million and on target for $1+ billion by 2020. Solid reporting by @chrissyfarr https://www.cnbc.com/... Christina Farr / @chrissyfarr : I started working on this feature 6 months ago and it tops 4,000 words (amazing editing job, @levynews) Means a lot that readers are taking the time & I hope to do more. Send ideas! https://www.cnbc.com/... Christina Farr / @chrissyfarr : What stood out to me is how the PillPack founders wanted to build an aspirational brand for pharmacy, as people with chronic conditions don't want to be reminded that they're sick https://www.cnbc.com/... Liberty / @libertyrpf : “the average PillPack user in 2018 was worth $5,000 in revenue, through insurance payments and patient co-pays, according to the slide presentation.” $AMZN https://www.cnbc.com/... Matt Rosoff / @mattrosoff : One of the biggest stories in tech today is Amazon's entry into the health care market. A year ago, it clearly signaled its intention by dropping more than $750 million on an online pharmacy start-up called PillPack. Now, @chrissyf...https://www.linkedin.com/ ... https://www.cnbc.com/... Jordan Novet / @jordannovet : 'PillPack is seeking a motivated individual with exceptional analytical skills and accounting depth to help build our accounting infrastructure to support delivering on being the earth's most customer-centric pharmacy.' https://www.cnbc.com/... https://www.amazon.jobs/... Christina Farr / @chrissyfarr : Here it is!! Our feature on the inside story of PIllPack, Amazon's first health care acquisition. Here's an inside look at how the team grew the business, why they got bought, and what they're doing now: https://www.cnbc.com/... Thanks: @mattrosoff