UnitedHealth in talks to buy Illinois pharmacy startup for $300M

UnitedHealth Group is in advanced talks to buy an online Illinois pharmacy startup called DivvyDose for about $300 million, people familiar with the matter told Bloomberg. 

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DivvyDose was founded by Arvind Movva, MD. It sends customers individually packaged medications with dosage information on each packet.

The discussions aren’t final, and a deal may not materialize. UnitedHealth and DivvyDose didn’t immediately respond to Bloomberg‘s request for comment. 

Read more here.

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