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.
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.
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