Amazon eyes up prescription drugs

No primary category set

The next retail frontier that Amazon is eyeing up with a view to disruption seems to be prescription drugs. The move has led to fevered speculation from pundits as to whether even Amazon can unseat the powerful and entrenched pharamaceutical companies from their enviable dominance. They could be moving into a whole new type of tablets.

It’s reported that Amazon has already acquired the licenses required to sell prescription drugs in a dozen US states including Alabama, Arizona, Connecticut, Idaho, Louisiana, Michigan, Nevada, New Hampshire, New Jersey, North Dakota, Oregon, and Tennessee.

It’s reported that a decision will be made by Amazon in the next few weeks as to whether they will take the plunge and move into what is a very lucrative area of commerce.

Several aspects of this advance into another sector from Amazon are of particular interest. In the US, needless to say, the pharmaceutical companies have a much stronger stranglehold on branded drugs. But typically, prescriptions are fulfilled in pharmacies and in person which might represent a barrier for Amazon. Equally, the potential for a number of drugstores, attached to the Amazon, could have all manner of uses.

In a more futurist vein, it’s worth considering how Amazon’s Alexa might fit into a general offering regarding healthcare and automated voice recognition diagnosis. That could be a very long way of but Doctor Alexa could be part of a grander, longer term plan.

One Response

RELATED POSTS..

FMCG Brand success on TikTok Shop

FMCG Brand success on TikTok Shop

New Amazon Vouchers pricing requirement

New Amazon Vouchers pricing requirement

eBay Seller Update - eBay UK Fee Changes Shop Fees Regulatory Operating Fee per-order fee

eBay.com per-order fee rises to $0.40

ZigZag Rebrand rounds off a Year of Growth in the Returns Market

ZigZag Rebrand rounds off a Year of Growth in the Returns Market

Royal Mail drop off at Collect+ stores

Royal Mail drop off at Collect+ stores

ChannelX Guide...

Featured in this article from the ChannelX Guide – companies that can help you grow and manage your business.

Latest

Take a look through a selection of the latest articles on ChannelX

Register for Newsletter

Receive 5 newsletters per week

Gain access to all research

Be notified of upcoming events and webinars