Manulife Announces Investment in Pillway

December 2025 

Manulife Financial Corp. today announced a minority investment in Simpill Health Group Inc., operating as Pillway, a Canadian-based virtual pharmacy. This investment reflects Manulife’s commitment to accelerating digital pharmacy services and ensuring Canadians have more choice and digital access to pharmacy services.

Pillway provides Canadians with convenient prescription delivery and access to pharmacists and healthcare professionals through its digital platform. As more Canadians turn to online solutions for everyday needs, virtual pharmacies like Pillway offer an additional option for safe, reliable and convenient medication management. Through its services, including personalized packaging, digital tools and direct pharmacist access, Pillway aims to improve medication adherence across Canada, helping ensure that patients take their medications as prescribed and achieve better health outcomes.

For eligible members, Pillway will be available through the Manulife mobile app and the plan member website.  Manulife Group Benefits members can continue to choose the pharmacy that best meets their needs when it comes to filling their prescriptions.

As part of this investment, Ashesh Desai, Head of Group Benefits at Manulife Canada, will join Pillway’s Board of Directors.

Manulife Financial Corporation is a leading international financial services provider, headquartered in Toronto, Canada. Anchored in our ambition to be the number one choice for customers, we operate as Manulife across Canada and Asia, and primarily as John Hancock in the United States, providing financial advice, insurance and health solutions for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment solutions, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2025, we had more than 37,000 employees, over 106,000 agents, and thousands of distribution partners, serving over 37 million customers with operations across 25 markets globally. We trade as ‘MFC’ on the Toronto, New York, and Philippine stock exchanges, and under ‘945’ on the Hong Kong stock exchange. Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.

Pillway is a tech-first, full-service digital pharmacy transforming the traditional pharmacy model through the thoughtful use of technology. Specializing in chronic disease management and patients managing multiple medications, Pillway's integrated digital platform simplifies medication management and delivers proactive, personalized care. Its dedicated pharmacy team supports patients throughout their healthcare journey, providing a seamless, end-to-end pharmacy experience.

Simpill Health Group Inc., Pillway’s parent company, also offers a Pharmacy as a Service (PaaS) platform that enables partners to tailor virtual pharmacy services for their clients by leveraging Pillway’s digital pharmacy infrastructure, clinical services, and fulfillment capabilities to deliver customized medication management solutions to their patient populations.