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Amazon Buys Nas-Backed Pharmaceutical Startup for $1 Billion

When it comes to having an eye for startups, Nas knows how to pick them. PillPack, a door-to-door pharmacy service backed by the rapper’s venture capital fund, scored big last week when Amazon acquired the company for $1 billion.

Amazon shared the news on June 28, with plans to finalize the deal as soon as this fall. PillPack was founded by TJ Parker, a second-generation pharmacist and Elliot Cohen, a computer scientist, the Chicago Tribune reports. The company ships consumers their medications across the country.

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