Amazon buys online pharmacy PillPack

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Amazon buys online pharmacy PillPack. Nydia Han reports during Action News at 9 a.m. on July 1, 2018. (WPVI)

Amazon has disrupted the healthcare market with its deal to buy the online pharmacy: PillPack.

The acquisition is worth an estimated one billion dollars.

PillPack has pharmacy licenses in all 50 states.

It delivers medications in pre-sorted doses, which are designed to make it easier for people to take multiple medications a day.

The announcement caused stock prices for traditional brick and mortar pharmacies to plunge.

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