Online pharmacy PillPack was reportedly on track to make $299 million in revenue when Amazon acquired the company in a $750 million deal

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At the time that Amazon acquired PillPack, the company was on track to make $299 million in annual revenue, according to CNBC.

PillPack mails prescriptions to people who take multiple medications, packaging them together based on dose. The company has pharmacies around the country that send out medication via mail.We tried PillPack, the pharmacy startup Amazon acquired for $1 billion, and we can see why it has big pharmacies terrifiedSo far, Amazon hasn't said much about what its plan is for PillPack.

"Amazon bought PillPack, but it wasn't about the pills," Bertolini said."It was about getting into the home with Alexa where they can learn more about what we can do to provide health."

 

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So amazon made a loss

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