Amazon is buying pharma start-up PillPack for around $1 Billion. Buffet, Bezos and Dimon (Berkshire-Amazon-JPMorgan Chase) created an entity that will be headed by Dr. Atul Gawande. So John Sculley was the perfect person to ask about the last few days …
Amazon said it will buy the small online pharmacy PillPack in a move that could shake up the U.S. pharmacy market.
Much like the late narcos cartel leader Pablo Escobar convinced the Colombian government to change laws to benefit his business, Amazon has taken a similar approach with its local lawmakers. The “Head Tax”, commonly referred to as the Amazon tax called for a legislative expense of $275 per employee.
While they are often high-profile and stir the imagination, new ventures – including the one announced earlier this year by Amazon, Berkshire and JPMorgan Chase – won’t disrupt U.S. healthcare.
It’s not that Gawande is not the perfect person for the job, but that choosing him gives the clearest indication yet of what the job will actually be
Amazon, Warren Buffett and JPMorgan Chase have picked noted surgeon and writer Dr. Atul Gawande to run their healthcare venture.
