Amazon’s Acquisition of PillPack


Goodwin advised PillPack on the deal

Amazon (NASDAQ:AMZN) and PillPack today have entered into a definitive merger agreement under which Amazon will acquire PillPack. PillPack is a pharmacy designed to provide the best possible customer experience in the U.S. for people who take multiple daily prescriptions. PillPack delivers medications in pre-sorted dose packaging, coordinates refills and renewals, and makes sure shipments are sent on time.


Completion of this transaction is subject to regulatory approvals and other customary closing conditions. The parties expect to close the transaction during the second half of 2018.

PillPack is a pharmacy designed to provide the best possible experience for customers. For people who take multiple daily prescriptions, PillPack offers pre-sorted dose packaging, home delivery, and a commitment to customer service. These features help customers take medications as prescribed, which has been shown to improve health outcomes and lower costs. PillPack holds pharmacy licenses in all 50 states, has URAC and VIPPS accreditation, is an in-network pharmacy with most PBMs, including major Medicare Part D plans, and has built a proprietary set of software systems and tools called PharmacyOS.

The Goodwin team was led by partners David Cappillo (Picture), Michael Russell and Jason Breen and included partners Sarah Bock, Janet Andolina, Andrea Murino, Paul Jin and Joel Lehrer; and associates Robert Dzialo, John Corrigan, Kristin Eberhart, Monica Patel, Alexander Plaum, Timothy Holahan, Sandy de Sauvage, Brett Good, and David Rouse.

Involved fees earner: David Cappillo – Goodwin Procter; Michael Russell – Goodwin Procter; Jason Breen – Goodwin Procter; Sarah Bock – Goodwin Procter; Robert Dzialo – Goodwin Procter; John Corrigan – Goodwin Procter; Kristin Eberhart – Goodwin Procter; Sandy de Sauvage – Goodwin Procter; Janet Andolina – Goodwin Procter; Alexander Plaum – Goodwin Procter; Andrea Agathoklis Murino – Goodwin Procter; Joel Lehrer – Goodwin Procter; David Rouse – Goodwin Procter; Monica Patel – Goodwin Procter; Timothy Holahan – Goodwin Procter; Brett Good – Goodwin Procter;

Law Firms: Goodwin Procter;

Clients: PillPack Inc.;

Avatar

Author: Ambrogio Visconti