pharmacy

By Jonah Comstock April 3, 2018
Walmart is reportedly in talks to acquire PillPack, a New England-based virtual pharmacy with around $100 million in funding. According to CNBC, which broke the news, the retail giant is offering less than $1 billion for the startup. But the deal could still fall apart, CNBC's sources said. Founded in 2013, PillPack offers a virtual pharmacy experience for people who can't or would rather not...
By Jonah Comstock October 24, 2016
Sweden's largest private pharmacy, Apotek Hjärtat, has launched a virtual reality app on the Oculus Rift store. The app, called "Happy Place", is designed to use an immersive virtual world to distract patients from pain. "Apotek Hjärtat want to be at the forefront when it comes to offering products and services that can help people feel better," Annika Svedberg, head pharmacist at Apotek...
By Jonah Comstock August 31, 2016
Cardinal Health, an Ohio-based healthcare products and services company, has acquired TelePharm, an Iowa-based company which, among other things, uses telemedicine to connect pharmacists to patients. The sale price was not disclosed. The Des Moines Register broke the news.  TelePharm was founded in 2012. It raised one $2.5 million funding round in 2014, from venture capitalist John Pappajohn and...
By Jonah Comstock October 28, 2015
Higi is one digital health company that has a relationship with Rite Aid. Walgreens Boots Alliance will acquire Rite Aid for $9 a share, or a total of $9.4 billion, the companies announced yesterday. The merger represents a major consolidation in the drug store sector in the United States -- according to the Wall Street Journal, the combined marketshare of Walgreens and Rite Aid will be 46.5...
By Jonah Comstock August 20, 2015
Walgreens has redesigned its app for the first time in four years and, at the same time, released some interesting data about app usage stats. The new app maintains the same features as Walgreen's previous app, but is more proactive. When the user needs to refill a prescription, a prescription is ready for pickup, or when it's time for a user to take a pill, a message will pop up on the app's...
By Jonah Comstock October 9, 2014
PillPack, a direct-to-consumer mail order pharmacy that launched in February, has raised $8.75 million in funding. The round was led by Accel Partners, with additional participation from existing investor Atlas Venture, as well as High Line Venture Partners, QueensBridge Venture Partners, and individual investors Andy Palmer and David Tisch. “PillPack is a seamless service for medications,...
By Jonah Comstock August 12, 2014
Iowa-based TelePharm has raised $2.5 million from venture capitalist John Pappajohn and Bruce Rastetter, president of the Iowa state Board of Regents. The company, which is also a member of the Rock Health accelerator, will use the funds to scale its business, which connects pharmacists to one another and to patients via cloud-based mobile apps. "I think the pharmacists’ position is changing,"...
By Jonah Comstock February 4, 2014
Manchester, New Hampshire-based virtual pharmacy PillPack raised $4 million from Atlas Venture and Founder Collective, the company announced today. The company raised the money back in July 2013, and have already used much of it to build its Manchester headquarters. However, PillPack opted to time the announcement with its commercial launch, which happens today in 31 states. "We've been shipping...
By Jonah Comstock October 15, 2013
Health Mart, a wholly owned subsidiary of the McKesson Corporation, has released a new mobile app for community pharmacies. Health Mart is a pharmacy franchise brand with 3,100 independently owned community pharmacies across the country. Most large retail pharmacies have apps which support prescription refill requests and reminders. A recent MobiHealthNews roundup found that Walgreens, CVS, Duane...