India  

Amazon launches online pharmacy

Video Credit: Reuters - Politics - Duration: 01:10s - Published
Amazon launches online pharmacy

Amazon launches online pharmacy

Amazon launches an online pharmacy for delivering prescription medications in the United States, increasing competition with drug retailers such as Walgreens, CVS Health and Walmart.

Emma Jehle reports.

Amazon on Tuesday launched an online pharmacy for delivering prescription medications in the United States, increasing competition with drug retailers such as Walgreens, CVS and Walmart.

Called Amazon Pharmacy, the move builds on the web retailer’s 2018 acquisition of PillPack and will allow shoppers to toggle at checkout between their co-pay and a non-insurance option, heavily discounted for members of its loyalty club Prime.

Over the past two years, Amazon has worked to secure more state licenses for shipping prescriptions across the country, which had been an obstacle to its expansion into the drug supply chain, according to analyst notes from Jefferies Equity Research.

The company founded as an online bookseller has disrupted multiple industries drawing criticism of its size and power from labor groups and lawmakers along the way.

E-commerce has surged this year as governments told people to stay home amid the health crisis.

Amazon is betting that Prime members – more than 150 million globally – may be receptive to buying medication online now that it’s from Amazon.




You Might Like


Related videos from verified sources

DWYM: Will Amazon Pharmacy save you more money? [Video]

DWYM: Will Amazon Pharmacy save you more money?

A huge change in the pharmacy world this week as Amazon launches its own online drug store. So how much money could Amazon save you?

Credit: WCPO Cincinnati     Duration: 02:06Published
Amazon Pharmacy now ships out prescribed medications [Video]

Amazon Pharmacy now ships out prescribed medications

You can now get your insulin from Amazon. Amazon Pharmacy is offering prescribed medications delivered to your door.

Credit: KTNV Channel 13 Las Vegas     Duration: 00:20Published
Amazon Launches Online Pharmacy Service [Video]

Amazon Launches Online Pharmacy Service

Amazon has announced their entry into the $300 billion pharmacy market with a new service called Amazon Pharmacy.

Credit: Cover Video STUDIO     Duration: 01:22Published