Why ABC will pay up to $300m for pharmacy keeper app
ABC has acquired a small pharmacy in California, hoping to turn a profit.
ABC said it paid $300 million for the app, called Pharmacy Keeper, in July.
The company, which offers real-time access to pharmacy shelves, is still developing the product.
“We’ve made a lot of progress, but we still have a lot to do to make sure Pharmacy Keepers are a good addition to the ABC family,” ABC President and CEO Paul Lee said in a statement.
“It’s our mission to give you access to the best pharmacy care and pharmacy solutions on the web.”
Pharmacy keeper app will offer access to all pharmacy products, including: prescriptions, health records, prescriptions and prescriptions notes.
It will also offer pharmacy-quality information, like the pharmacy’s hours of operation and the hours that its pharmacist is available, as well as the prices that they charge.
ABC has made a big push in its efforts to bring its digital pharmacy products to more people, with a partnership with Walgreens.
It launched its own digital pharmacy in September.
The news of the pharmacy keeper acquisition came a day after ABC and Amazon announced a deal to combine their subscription-based video service, Amazon Video.
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