HealthWarehouse.com, Inc. (HEWA)

[HokieHead]

Interesting Amazon bought out PillPack, an online pharmacy, not long ago for $1.2 billion. A couple bullets from article that could make HEWA even more valuable. And now with most people having to buy online prescriptions with the CV pandemic they will continue to order them online.

1. First, and most obviously, it gives Amazon a way to deliver a product—pharmaceuticals—that people spend very large amounts of money on and that lends itself quite naturally to home delivery.

2. It’s not an easy category to break into: There’s much more regulation of pharmacies than there is of bookstores. Buying PillPack, which has laboriously got itself approved in 49 states, solves that problem at a stroke.

3. PillPack also helps Amazon beef up its recurring subscription revenues, which the stock market loves. Companies like Salesforce and Netflix, which sell the same product to the same customers month after month, receive some of the market’s highest valuations.

https://slate.com/business/2018/06/amazon-buys-pillpack-for-usd1-billion-and-man-that-was-smart.html