Walmart is getting more into home-delivered medications. Photo: Al Bello/Getty Images

Walmart has acquired CareZone, an app-based company that helps coordinate the delivery of people's medications. CNBC reported the deal was worth around $200 million.

Why it matters: Walmart now has the technology to mail prescription drugs to customers' homes or to arrange more pickups at its own pharmacies, which makes the retail giant more competitive in the multi-billion-dollar business of drug delivery.

Between the lines: CareZone essentially operates as an Uber for prescription medications. It acts as an agent, through an app, to get drugs for its 3.6 million users.

  • Walmart's massive footprint could grow the app as well as its lucrative pharmacy business.
  • "The world has moved to home delivery," CareZone CEO Jonathan Schwartz said.

The big picture: Pharmacy benefit managers control a lot of the mail-order business, but that is changing now, with Amazon buying PillPack in 2018 and Walmart buying CareZone.

Worth noting: Express Scripts and CareZone are still locked in a legal battle, with Express Scripts alleging CareZone doesn't have proper licensure and CareZone alleging Express Scripts is engaging in anticompetitive behavior. The case is slated to go to trial when the courts reopen.

Go deeper: People are filling more prescriptions by mail amid coronavirus crisis

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Dan Primack, author of Pro Rata
Aug 27, 2020 - Economy & Business

Microsoft working with Walmart on TikTok deal

Illustration: Aïda Amer/Axios

Microsoft is working with Walmart on its efforts to buy TikTok's U.S. business from China's ByteDance, Axios has learned from multiple sources close to the process.

The state of play: The idea would be to help turn TikTok U.S. into more of an e-commerce app for creators and users, much like what TikTok parent company ByteDance does with a similar app in China.

Supreme Court blocks Alabama curbside voting measure

Photo: Mark Wilson/Getty Images

The Supreme Court on Wednesday evening blocked a lower court order that would have allowed voters to cast ballots curbside at Alabama polling places on Election Day.

Whit it matters: With 13 days until Election Day, the justices voted 5-3 to reinstate the curbside voting ban and overturn a lower court judge's ruling designed to protect people with disabilities.

Of note: Liberal Justices Elena Kagan, Stephen Breyer and Sonia Sotomayor dissented.

  • The lower court judge ruled in favor of a lawsuit arguing that curbside voting would "violate federal laws designed to protect America’s most marginalized citizens" during the COVID-19 pandemic.

Editor's note: This is a developing news story. Please check back for updates.

Updated 49 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Senate Democrats block vote on McConnell's targeted COVID relief bill McConnell urges White House not to strike stimulus deal before election.
  2. Economy: Why the stimulus delay isn't a crisis (yet).
  3. Health: New York reports most COVID cases since MayStudies show drop in coronavirus death rate — The next wave is gaining steam.
  4. Education: Schools haven't become hotspots — San Francisco public schools likely won't reopen before the end of the year.
  5. World: Spain becomes first nation in Western Europe to exceed 1 million cases.