Online Pharmacy news and trends

Earnings Season Shows Continuing Evolution of Digital Healthcare Transformation
Healthcare // November 13, 2023

The digitization of health care continues. And the progress can be tracked, in part, by the continued slew of earnings reports from the platforms and Big Tech firms making inroads in a market where, as estimated by the government, U.S. healthcare spending tops $4.3 trillion. Beyond...

Blue Shield’s Amazon Pharmacy Deal Hints at Healthcare’s Digital Seachange
Healthcare // August 17, 2023

Healthcare is the roughly $4 trillion behemoth of an industry woven from a tangled web of providers, patients and providers. And in at least one sign that the digital transformation of the sector is gaining incremental tailwind, Blue Shield of California is enlisting the efforts...

GoodRx Looks to Win Back Customers at Time of Increased Need for Cost Relief
Earnings // August 09, 2022

Pharmaceutical price-shopping platform GoodRx says it is pivoting to regain lost sales and customers now that it has settled a costly spat with a grocery chain’s drug store, but warned the process would take time to complete. In announcing its second quarter earnings results and...

GoodRx Shares Sink to Lows as COVID Pinches Prescription Transactions
Earnings // February 28, 2022

GoodRx Holdings reported earnings on Monday (Feb. 28) that, at least as far as investors were concerned, were not good enough, even as monthly active consumer counts gained double-digit percentages. COVID-19 was a continuing headwind to growth, particularly as concerns prescriptions and refills. Shares were...

Interviews & Exclusives
Traditional Healthcare Is Going Under The Knife Of Disruption

July 13, 2020
The greatest health crisis in a generation is poised to accelerate innovation at the intersection of healthcare, technology and payments as never before. From telehealth to new financing options for patient treatments to big retailers like Walmart, Walgreens and CVS mashing up retail with healthcare, everyone from startups to incumbents are using the pandemic as […]

Quick Reads
Canada’s PocketPills Raises $30 Million To Bring Same-Day Delivery Nationwide

March 03, 2021
Canadian online pharmacy PocketPills announced Wednesday (March 3) that it has raised $30 million in a Series B funding round to expand the company’s product and bring its same-day delivery to a nationwide scale. PocketPills is opening new facilities in Quebec and Alberta as part of its national expansion goal, the press release added. It […]

Amazon Seeks Pharmacy Trademarks In Canada, UK, Australia 

January 21, 2020
Amazon has filed for a trademark for Amazon Pharmacy in several countries, according to a report by CNBC. Those countries include Australia, Canada and the U.K. The trademarks illustrate how...

Amazon’s PillPack To Lose Access To Patients’ Rx History

September 11, 2019
PillPack, the online pharmacy that Amazon bought in 2018, has run into a big issue when it comes to determining patient prescription history, according to a report by CNBC. The...

Amazon’s PillPack Accused Of Illicitly Obtaining Patient Data

August 06, 2019
Amazon’s online pharmacy, PillPack, is being accused of getting access to patient data it wasn’t entitled to, through a third party, according to a report by The Wall Street Journal....