MOUNTAIN VIEW, Calif. & SEOUL, South Korea–(BUSINESS WIRE)–NowRx, a tech-powered pharmacy that provides same-day prescription delivery and telehealth services, and Hyundai Motor Group (the Group), global scale mobility provider including Hyundai Motor Company and Kia Corporation, today announced signing of an agreement for a pilot project to explore the use of new solutions in the delivery of prescription medications.
The parties plan to launch the project later this year, serving two micro-fulfillment centers in the Los Angeles area, U.S. The pilot includes aspects of automated dispatch, fleet management, and other last-mile optimization technologies, with the extended scope to test autonomous vehicle technologies in the future.
Supported by the Innovation Division of the Group, NowRx plans to combine its proprietary pharmacy management system “QuickFill” capabilities and the Group’s smart mobility solutions. The synergies are expected to provide a seamless healthcare experience to end consumers.
“Autonomous vehicles are part of our long-term strategic vision for NowRx to further reduce delivery costs at scale,” said Cary Breese, CEO and Co-Founder, NowRx. “We can’t imagine a better company to work with than the Group, which has demonstrated substantial leadership in the autonomous vehicle, and other robotics and automation areas.”
“The Group expects this collaboration with NowRx to help expand our mobility business model beyond the anticipated industry,” said Minsung Kim, Vice President of Hyundai Motor Group and Head of the Open Innovation Strategy Team. “We believe a new opportunity with the technologically innovative e-pharmacy NowRx, that uniquely integrates pharmacy management and delivery service, supports our movement toward Smart Mobility Solutions Provider.”