Amazon acquires PillPack, an online pharmacy that delivers medicine to your door

Amazon has announced plans to acquire PillPack, an online pharmacy that sorts patients’ medications into personalized packets and delivers them directly to their door.

Terms of the deal were not disclosed, but Amazon referred to the deal as a “definitive merger agreement.”

PillPack was founded in 2013 and has raised more than $120m in funding from investors including TechStars, Menlo Ventures and Accel. 

This announcement follows one previously in the year where Amazon entered U.S. employee healthcare via a partnership with Berkshire Hathaway and JPMorgan. This will be Amazon's first foray into the lucrative pharmaceutical market.

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