Cohen: PillPack raises $50m to modernize prescriptions delivery


July 1, 2015

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Elliott Cohen, who was attending the university’s Sloan School of Business and had just started a hackathon series called Hacking Medicine, which brought together Boston’s academic and hospital communities to find new ways to rethink the delivery of heath care, met PillPack co-founder T.J. Parker at MIT’s annual 100K entrepreneurship challenge.

Cohen had witnessed his own pharmaceutical frustrations while growing up: His mother ran a group of community clinics near his home in Davis, Calif., and his father suffered through two heart attacks and two rounds of cancer. After finishing school in 2012, Parker persuaded Cohen to launch the company. A string of successes quickly followed as the team was accepted to the TechStars accelerator that fall, then partnered with the IDEO design firm to prototype their products. At the outset of 2013, they raised over $3.5 million in the span of just a few months. Read about their company and rapid success in the full article at the Boston Globe’s betaBoston. Photo: Pat Greenhouse/Globe Staff

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