Amazon’s quiet move into medication delivery

For the company that sells you nearly everything, it’s likely no surprise that Amazon would consider breaking into the $300B market for pharmaceuticals (decades after backing The retail giant wasn't phased by skeptical naysayers, and announced a new GM to lead the effort—on the heels of its same-day medicine delivery experiment in Japan, which launched in April.

Healthcare execs are perhaps the least surprised. Apparently, they strongly expect their counterparts at tech giants will be the ones who transform healthcare.

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  • closed $24M to better outsource biomedical research services and supplies
  • DNA sequencing company Edico Genome closed $22M
  • Pharmacy-delivery startup Capsule raised $20M from Thrive Capital
  • Aira raised $12M for its software that combines AI, AR, and human agents to help the blind
  • Lemonaid raised $11M for its on-demand telemedicine visits
  • Patient engagement and care coordination company HealthLoop closed an $8.4M Series B
  • LogicStream raised $6M for its clinical process standardization and measurement platform
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