Amazon’s Push Into Pharmacy Business Is Full of Promise and Pitfalls - News Summed Up

Amazon’s Push Into Pharmacy Business Is Full of Promise and Pitfalls


A move by Amazon.com Inc. into the $412 billion pharmacy business would shake up how generations have gotten their medicines, but success could prove elusive even for the ever-expanding e-retailer. People familiar with the matter confirmed that Amazon is considering entering the business. The U.S. market for selling prescription drugs appears ripe for an e-commerce makeover. Every year pharmacies in the U.S. dispense about 4.5 billion prescriptions. Patients pick up about 9 out of 10 prescriptions at a retail pharmacy, much...


Source: Wall Street Journal October 28, 2017 10:52 UTC



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