Amazon’s Interest In Pharmacy Raises Retail Concerns

The question on the minds of many in the drugstore, pharmaceutical and healthcare industries is once again what to do about Amazon’s visible interest toward prescription medication and medical devices, a nearly half-trillion-dollar opportunity for disruption.

Amazon has secured wholesale pharmacy licenses in 12 states, with one pending in Maine. The Seattle-based tech/retailer said in a regulatory filing it is not interested in selling prescriptions in Tennessee or Indiana, two states where it has already obtained licensure.

Amazon said it now plans to focus on selling medical devices and supplies. However, Amazon has secured wholesale pharmacy licenses in Alabama, Arizona, Connecticut, Idaho, Louisiana, Michigan, Nevada, New Hampshire, New Jersey, North Dakota, Oregon and Tennessee. Many in the drug store and pharmaceutical industry expect Amazon will eventually delve into prescription drugs.   MORE

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