Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Anta Sports Expands Global Footprint With Strategic Puma Stake 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Innovent Biologics Shares Rally on New Eli Lilly Oncology and Immunology Deal 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Amazon is set to lose two important executives who were said to have played a role in the company’s foray into the health care business. It is also shutting its telehealth service this year.
As per CNBC, the two executives were the co-founders of PillPack online pharmacy startup as well, and they are TJ Parker and Elliot Cohen. Amazon acquired the pharmacy in 2018 for around $750 million, and the co-founders came aboard the e-commerce and tech firm as health strategy advisors.
When the acquisition was completed, the two worked with Amazon to help launch its Amazon Pharmacy, an online shop for medicines which delivers prescription drugs in the United States. Parker and Cohen were the vice president of the said pharmacy before they were moved to consulting roles recently.
Now they are both leaving Amazon at the end of this month. They have personally announced their departure through a note they sent to their team at the company on Tuesday, Sept. 20.
“I’m officially moving on from PillPack / Amazon. I’m so proud of what we have accomplished over the last decade and am filled with gratitude,” Parker wrote on LinkedIn with his full note to the team attached.
In recent years, Amazon has scaled up its push into the health care business, however, only part of its efforts was successful. It was reported that its pharmacy unit is struggling to secure its share in the market while Amazon has decided to fully shut down its Amazon Care telehealth service business.
Parker said that he and Cohen are likely to take a rest and spend more time with their families. Later on, they will both return to invest, start a new business, and give advice to healthcare and consumer-focused businesses.
For the departure of Parker and Cohen, Amazon’s health care operation’s veteran executive, Neil Lindsay, sent an email to employees. He said that their exit from the company is “bittersweet” and expressed gratitude for helping them develop the strategy for a better consumer health care experience.
“TJ and Elliot have had a significant impact on Amazon and the Health Services organization, and while they will be missed, we’re grateful for their contributions and wish them well on their next endeavors,” Bloomberg quoted Lindsay as saying in the email.
