News & Events

Amazon just made an eye-popping play to disrupt drug stores


6/28/2018 - Article discusses Amazon’s announcement that they are buying Pillpack, an online pharmacy start-up, causing shares for Walgreens, CVS and Rite Aid to lose $11 billion in value. Quotes Professor Craig Garthwaite, who says that their strategy of buying a smaller company that has already done all the work sidesteps the complexity of getting licenses in every state and streamlines the process. Professor Garthwaite also discussed this topic on KCRW Radio.