Speculation: Pillpack to be acquired by Walmart

Walmart has been busy. Pillpack is getting acquired or so is the news today.

According to the NIH, Medication nonadherence rates range from 25% to 50%. Nearly half of all adults have at least one chronic disease and the percentage of Americans taking at least one prescription drug increased from 38% in the period 1988ā€“1994 to 49% in the period 2007ā€“2010; during the same time the number of adults taking three or more prescription drugs doubled.

It is reported that Walmart may pay up to $1B for the pharmacy mail order logistics startup making it easier for patients to receive the right dosage at the right time in the comfort of their home. As industry consolidation continue, other companies in the medication management space to watch out for are Alto and Capsule.

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