Pillpack originally to be acquired by Walmart before Amazon bid
Pillpack was to be acquired by Walmart. That was the news then!
According to the NIH, Medication nonadherence rates range from 25% to 50%. Nearly half of all adults have at least one chronic disease and the percentage of Americans taking at least one prescription drug increased from 38% in the period 1988–1994 to 49% in the period 2007–2010; during the same time the number of adults taking three or more prescription drugs doubled.
While it was reported that Walmart may pay up to $1B for the pharmacy mail order logistics startup making it easier for patients to receive the right dosage at the right time, Amazon snatched up the company. As industry consolidation continue, other companies in the medication management space to watch out for are Alto and Capsule.