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Factbox-Amazon's healthcare journey, from telehealth to cancer research

Published 07/21/2022, 02:46 PM
Updated 07/21/2022, 04:38 PM
© Reuters. FILE PHOTO:The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol

(Reuters) - Since 2018, Amazon.com Inc (NASDAQ:AMZN) has amassed healthcare businesses from telehealth and drug delivery to fitness trackers and cancer research.

On Thursday, the ecommerce giant agreed to buy primary healthcare provider One Medical in a $3.49 billion deal that would expand its virtual care presence and add some brick-and-mortar doctors' offices.

Here are some of the deals and steps taken by Amazon in its healthcare journey:

Year Events

2022 Tied up with the biggest telehealth company, Teladoc (NYSE:TDOC)

Health, to help patients connect with a doctor or

another health provider through Alexa

2022 Partnered with the Fred Hutchinson Cancer Center in

research to develop vaccines for melanoma and breast

cancer (https://go.aws/3IVZEFK)

2021 Struck a deal to sell virtual medical services to

Hilton in the United States

2021 Expanded the company's virtual healthcare service to

its own employees and other businesses nationwide (https://reut.rs/3cyKXMR)

2020 Launched its first fitness band and subscription

service, Halo, taking on Apple (NASDAQ:AAPL), Fitbit (NYSE:FIT) and Samsung (KS:005930) in

the crowded fitness tracker market (https://reut.rs/3Ox8CKY)

2019 The joint venture between Amazon.com, Berkshire

Hathaway and JPMorgan Chase (NYSE:JPM) closed down, three years

after the companies came together in a bid to reduce

escalating healthcare costs. (https://reut.rs/3yZV3h1)

2019 Piloted its on-demand health offering called Amazon

Care for its employees around Seattle.

2019 Bought healthcare startup Health Navigator, its second

purchase in the healthcare services industry.

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2018 Amazon bought online pharmacy PillPack for $753

million, a move that put it in direct competition with

drugstore chains, drug distributors and pharmacy

benefit managers.

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