Amazon bought a medical company for $3.9 billion

Amazon bought a medical company for $3.9 billion

The US online retailer Amazon.com Inc. signed an agreement on the purchase of “One Medical” company providing primary care.

“Report” reports with reference to “Interfax” that “1Life Healthcare Inc.” “One Medical”, a subsidiary of the company, operates 182 medical offices in the United States.

Amazon will pay $18 per share for One Medical, a deal valued at $3.9 billion, including debt.

Thus, “Amazon” continues to expand in the field of healthcare. In 2019, the company acquired the online pharmacy “PillPack”, and later opened a primary care clinic for its employees.

Under the terms of the agreement, Amir Dan Rubin will remain the chief executive officer of One Medical.

Amazon shares were down 0.7% in trading on Thursday. The securities of “1Life Healthcare Inc.” rose by 67.8%.

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