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Amazon loses PillPack founders 4 years after acquisition

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With Amazon Pharmacy, Prime customers in america can get their prescription medications shipped to their home without spending a dime.

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Two Amazon executives who played a formative role within the retail giant’s push into health care are departing.

TJ Parker and Elliot Cohen, the co-founders of prescription drug startup PillPack, will leave Amazon at the tip of this month, in accordance with a post on Parker’s LinkedIn profile. Amazon bought PillPack in 2018 for about $750 million.

After the acquisition, Parker and Cohen helped steer the launch of Amazon Pharmacy, the corporate’s online pharmacy for delivering prescription medications within the U.S. Each Parker and Cohen served as vice presidents of pharmacy up until recently, after they were shifted to consulting roles, Axios reported.

“I’m writing to allow you to all know that Elliot and I are moving on from PillPack and Amazon at the tip of the month,” Parker wrote. “Out of every little thing, it is the those who we met along the way in which and that joined us on this journey that we’ll remember most fondly, and we’ll miss you all.”

Parker and Cohen co-founded PillPack in 2013. Parker, whose dad was a pharmacist, attended pharmacy school in Boston. He met Cohen, who was in business school at MIT. PillPack began serving customers in 2014, and Parker’s dad joined as certainly one of the corporate’s first pharmacists.

Amazon has accelerated its push into health care in recent times, though not all of its efforts have been successful. The pharmacy business struggled to achieve traction, and Amazon recently announced it might shutter its telehealth service Amazon Care after finding it wasn’t a “complete enough offering” for purchasers.

Early last 12 months, a three way partnership Amazon had formed with Berkshire Hathaway and JPMorgan Chase to lower health-care costs disbanded. The entity was called Haven, and its initial expected entry into the health-care market had sent shares of providers tumbling.

Still, Amazon is investing significant capital and resources within the space. In July, Amazon said it might acquire One Medical for $3.9 billion, bringing in a network of boutique primary care clinics. Amazon also operates a consumer diagnostics enterprise.

Amazon had reshuffled its health leadership prior to Parker and Cohen’s departure. Last December, CNBC reported the corporate elevated its former Prime boss Neil Lindsay to oversee its health efforts. John Love, who previously served as a vice chairman in Amazon’s Alexa division, was named vice chairman of Pharmacy and PillPack in January.

In a memo to the health services team on Monday, Lindsay called the departure of Parker and Cohen “bittersweet” and thanked the PillPack founders for helping develop the strategy “to assist improve the client health care experience.”

“Driven by their vision and customer obsession, the PillPack business and capabilities became the inspiration of Amazon Pharmacy,” Lindsay wrote.

WATCH: Amazon launches online pharmacy in america

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