Amazon opens online pharmacy in US, tumbles big pharmacy chains

Etailer Amazon opened an online pharmacy, allowing customers to order medication or prescription refills and have them delivered at home. The potential impact of Amazon’s arrival in the pharmaceutical space rippled through that sector immediately. The stocks of CVS Health Corp., Walgreens and Rite Aid all tumbled. Previously, Amazon has invested $750 million to buy online pharmacy PillPack.

Click here to read the full story

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s