Inside Online Pharmacy Startup PillPack

Inside Online Pharmacy Startup PillPack

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Business, Health Sciences, Engineering, Biology

University

Hard

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PillPack is revolutionizing the pharmacy industry by offering a streamlined online service that organizes medications into packets based on the time and date they should be taken. Founded by TJ Parker, the company targets the 30 million Americans who take multiple prescriptions daily. With significant funding and expansion, PillPack faces competition from major players like CVS and Walgreens but differentiates itself with a unique business model. Despite challenges, including a contract dispute with Express Scripts, PillPack emphasizes consumer choice and aims to improve medication adherence.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the primary approach that PillPack takes compared to traditional retail pharmacies?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does PillPack face in the pharmacy market?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the core negotiation in PillPack's dispute with Express Scripts?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the estimated cost to the US due to patients failing to take their medications as prescribed?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does PillPack ensure that patients take their medications on time?

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