Fears of Amazon moving into prescription drug sales are already disrupting health care - News Summed Up

Fears of Amazon moving into prescription drug sales are already disrupting health care


(David Ryder/Getty Images)The possible megamerger between pharmacy giant CVS Health and health insurer Aetna would be the biggest deal of the year if it goes through. It would also create a combined company less vulnerable to disruption by Amazon, the online retail giant that has been eyeing the pharmacy business. It could also threaten the big business of negotiating drug prices with pharmaceutical companies. An Amazon spokeswoman declined to comment about whether the company would join the pharmacy business. One of CVS's competitors in the drug price-negotiating business, Express Scripts Holding, saw potential in an Amazon move into the pharmacy market.


Source: Washington Post October 27, 2017 20:28 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */