On Friday, June 29 Amazon announced that it would be acquiring its first online pharmacy retailer, PillPack for $1 billion in cash. With around $100 million in revenue last year, the acquisition price implies a 9x – 10x revenue multiple for the Company.
Read MoreThe underlying premise at Back Bay Life Science Advisors is that any accurate asset or company valuation must be derived from a fundamental understanding of the scientific, clinical, and commercial aspects of the financial models in use.
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