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Amazon buys PillPack, an online pharmacy, for just under $1B

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Re: Amazon buys PillPack, an online pharmacy, for just under $1B

#81
I interviewed at Pillpack years ago and was very impressed but didn't get the gig. They seemed to be solving a great problem for customers using multiple medicines. I am not sure the solution works well for the millions of us taking one pill every night, e.g the "pillpack" is wasteful.

It also doesn't address this really annoying problem I have getting my daughter's ADD meds. These require a paper prescription that must be hand couriered to the local CVS. A giant PITA.

Re: Amazon buys PillPack, an online pharmacy, for just under $1B

#82
post #79

This is interesting because Amazon isn't exactly known for supply chain integrity. Who here hasn't received fakes from Amazon? If you rely on a specific medication for your health, is Amazon a brand you trust to deliver it? How long until they start commingling pills and shipping random counterfeit/fake product to users? Hope it never happens but if they do with pharmaceuticals what they did with everything else they…

> This is interesting because Amazon isn't exactly known for supply chain integrity. The supply chain integrity problems were allowed by Amazon because it benefited their bottom line. If they wanted it perfect, they could have made it perfect. Remember when the eclipse was happening and they actually did a pretty good job of removing all glasses which weren't safe? They know where integrity counts, and I think when i…

That’s your opinion. I disagree. With the glasses they probably needed lots of filtering by hand. Costed them a lot of money. They were afraid of costly lawsuits. But they don’t have the capacity to do that with every product they sell.

Re: Amazon buys PillPack, an online pharmacy, for just under $1B

#83

Meanwhile, CVS + Walgreens lost $6B in market cap on the news Amazon is moving directly into pharmacy space. It's crazy how competitive Wall Street views Amazon moving into a market; have there been examples of Amazon making a large purchase/move but completely failing? (sure there are, just not coming me off the top of my head)

The target market is dominated by seniors, who no longer have to drive to a local pharmacy and hang around the store while waiting for the subscription to be fulfilled. I am frankly surprised no dominant online player has emerged yet. Perhaps the shipping costs were a constraint?

At a previous employer, I attended a briefing for our health insurance switching to a mail order pharmacy. Granted this was years ago but the amount of confusion and frustration around the signup process, scheduling, skepticism about delivery times/reliability, etc were numerous. To me, it couldn't have been an easier process. For some people (especially retirees), going to the local pharmacy is part of a regular routine that is not seen as a inconvenience at all.

Basically, the largest potential market for you is not tech savvy at all and makes it hard to convert.

Re: Amazon buys PillPack, an online pharmacy, for just under $1B

#84

Earlier quoted context omitted.

Just as a data point, I don't believe I've gotten a fake from Amazon.

> Just as a data point, I don't believe I've gotten a fake from Amazon. You almost certainly have, though you may not be able to tell the difference if you don't actively look for it.

> You almost certainly have, though you may not be able to tell the difference if you don't actively look for it.

The gp merely asked for anecdotal data, nothing rigorous. By disagreeing, you are indirectly implying that the commenter is somehow incapable of telling fakes from the real deal.

How does anyone reliably tell fakes apart?

Re: Amazon buys PillPack, an online pharmacy, for just under $1B

#85
post #82
post #79

Earlier quoted context omitted.

> This is interesting because Amazon isn't exactly known for supply chain integrity. The supply chain integrity problems were allowed by Amazon because it benefited their bottom line. If they wanted it perfect, they could have made it perfect. Remember when the eclipse was happening and they actually did a pretty good job of removing all glasses which weren't safe? They know where integrity counts, and I think when i…

That’s your opinion. I disagree. With the glasses they probably needed lots of filtering by hand. Costed them a lot of money. They were afraid of costly lawsuits. But they don’t have the capacity to do that with every product they sell.

If fake goggles had liability problems wait till they sell a fake medication.

They’ll invest the resources to ensure that doesn’t happen.

Amazon didn’t get big by being stupid.

Re: Amazon buys PillPack, an online pharmacy, for just under $1B

#86
post #82
post #79

Earlier quoted context omitted.

> This is interesting because Amazon isn't exactly known for supply chain integrity. The supply chain integrity problems were allowed by Amazon because it benefited their bottom line. If they wanted it perfect, they could have made it perfect. Remember when the eclipse was happening and they actually did a pretty good job of removing all glasses which weren't safe? They know where integrity counts, and I think when i…

That’s your opinion. I disagree. With the glasses they probably needed lots of filtering by hand. Costed them a lot of money. They were afraid of costly lawsuits. But they don’t have the capacity to do that with every product they sell.

It's 'easy' to track eack item by type and source. They chose not to.

Re: Amazon buys PillPack, an online pharmacy, for just under $1B

#87
post #79

This is interesting because Amazon isn't exactly known for supply chain integrity. Who here hasn't received fakes from Amazon? If you rely on a specific medication for your health, is Amazon a brand you trust to deliver it? How long until they start commingling pills and shipping random counterfeit/fake product to users? Hope it never happens but if they do with pharmaceuticals what they did with everything else they…

> This is interesting because Amazon isn't exactly known for supply chain integrity. The supply chain integrity problems were allowed by Amazon because it benefited their bottom line. If they wanted it perfect, they could have made it perfect. Remember when the eclipse was happening and they actually did a pretty good job of removing all glasses which weren't safe? They know where integrity counts, and I think when i…

I remember that a lot of people found that Amazon told them their genuine glasses were fake, and a lot of people with obvious fakes weren't told anything. They even managed to screw over some sellers of high-end telescope filters that weren't being counterfeited.

Re: Amazon buys PillPack, an online pharmacy, for just under $1B

#88
post #81

I interviewed at Pillpack years ago and was very impressed but didn't get the gig. They seemed to be solving a great problem for customers using multiple medicines. I am not sure the solution works well for the millions of us taking one pill every night, e.g the "pillpack" is wasteful. It also doesn't address this really annoying problem I have getting my daughter's ADD meds. These require a paper prescription that m…

I'm curious if you know why the ADD meds must be hand-delivered when government is actively incentivising e-prescribing among providers?

Re: Amazon buys PillPack, an online pharmacy, for just under $1B

#89
post #81

I interviewed at Pillpack years ago and was very impressed but didn't get the gig. They seemed to be solving a great problem for customers using multiple medicines. I am not sure the solution works well for the millions of us taking one pill every night, e.g the "pillpack" is wasteful. It also doesn't address this really annoying problem I have getting my daughter's ADD meds. These require a paper prescription that m…

Similar story here, met them circa 2014/5. Their top target audience is seniors and elderly with several medications at different times of day. The baby-boomer generation will be around for a long time to support these kinds of Rx delivery mechanisms. I expect the other existing Rx delivery companies in the space to start doing daily-packs style in the future.

Re: Amazon buys PillPack, an online pharmacy, for just under $1B

#90
post #81

I interviewed at Pillpack years ago and was very impressed but didn't get the gig. They seemed to be solving a great problem for customers using multiple medicines. I am not sure the solution works well for the millions of us taking one pill every night, e.g the "pillpack" is wasteful. It also doesn't address this really annoying problem I have getting my daughter's ADD meds. These require a paper prescription that m…

I'm curious if you know why the ADD meds must be hand-delivered when government is actively incentivising e-prescribing among providers?

Controlled substance and cannot be prescribed more than 1mo supply at a time.
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