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Fortune
Fortune
Jason Del Rey

This startup believes shopping around for prescription drugs should be as easy as shopping on Amazon. The future of a $700 billion industry is at stake

The three founders of Photon Health sitting on a brown sofa and posing for a photo. (Credit: Courtesy of Photon Health)

There’s a reason why most startup ideas focused on modernizing the prescription drug industry have failed: a byzantine system dominated by a group of all-powerful middlemen make an upstart’s chances of success infinitesimal. 

Otto Sipe knows this well from nearly a decade of working for both startups and Walmart in and around the pharmacy and medical care spaces. But he thinks he has the right recipe and momentum to prove that he and his Brooklyn-based company can be one of the exceptions.

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