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Posted On: 09/21/2023 1:13:57 PM
Post# of 85917
Nice article Chiro2019!!!
One of the best parts of this article in my opinion:
Amazon’s technology, supply chain and customer base are unrivaled in retail, positioning it to threaten incumbent pharmacies like CVS and Walgreens and pharmaceutical distribution companies like McKesson, Cardinal Health and AmerisourceBergen, which will struggle to compete with Amazon’s low prices and delivery options.
Is Amazon likely to take the pharmacy sector head-on in the immediate future? The answer is no. What is more likely is that Amazon will partner with or acquire a company that has more experience in navigating drug regulations as Amazon seeks to build that capability in-house.
One of the best parts of this article in my opinion:
Amazon’s technology, supply chain and customer base are unrivaled in retail, positioning it to threaten incumbent pharmacies like CVS and Walgreens and pharmaceutical distribution companies like McKesson, Cardinal Health and AmerisourceBergen, which will struggle to compete with Amazon’s low prices and delivery options.
Is Amazon likely to take the pharmacy sector head-on in the immediate future? The answer is no. What is more likely is that Amazon will partner with or acquire a company that has more experience in navigating drug regulations as Amazon seeks to build that capability in-house.
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