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Amazon Loses Key Healthcare Officials

Two Amazon.com, Inc (NASDAQ: AMZN) officials instrumental in its health care push departed the company.
byAnusuya Lahiri
September 20, 2022
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  • Two Amazon.com, Inc (NASDAQ:AMZN) officials instrumental in its health care push departed the company.
  • TJ Parker and Elliot Cohen, the co-founders of prescription drug startup PillPack, will leave Amazon at the end of September, CNBC reports citing their LinkedIn profile. 
  • Parker and Cohen helped launch Amazon Pharmacy, its online pharmacy for delivering prescription medications in the U.S. 
  • Parker and Cohen served as VPs of pharmacy until recently before shifting to consulting roles.
  • Parker and Cohen co-founded PillPack in 2013. Amazon had bought PillPack in 2018 for $750 million.
  • Amazon has recently accelerated its push into health care with mixed results. 
  • Amazon’s pharmacy business struggled to gain traction and recently shared plans to close its telehealth service Amazon Care.
  • Google investigated whether the smartphone’s built-in microphone could help detect heart valve disorders early.
  • Google also looked to test whether its artificial intelligence software could analyze ultrasound screenings taken by less-skilled technicians.
  • Price Action: AMZN shares traded lower by 0.59% at $123.92 in the premarket on the last check Tuesday.
 
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