The Clap
Amazon (NASDAQ: AMZN) is losing two executives who played an instrumental role in the company’s push into healthcare.
The Deets
The co-founders of PillPack are set to leave Amazon at the end of September 2022, after spending four years at the company trying to kickstart the Amazon Pharmacy.
Background
Amazon acquired PillPack in 2018 for around $750 million.
Why this Matters
Amazon has increased efforts in healthcare recently, making several major acquisitions and decisions. Amazon’s recent shutdown of Amazon Care as well as their acquisition of One Medical were all parts of these decisions.