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Amazon pharmacy on the horizon

Published 05/17/2017, 03:45 AM
Updated 05/17/2017, 03:45 AM
© Reuters.  Amazon pharmacy on the horizon
  • Amazon (NASDAQ:AMZN) is hiring a business lead to figure out how the company can break into the multibillion-dollar pharmacy market, CNBC reports.
  • For the last few years, Amazon has held at least one annual meeting to discuss whether it should enter the business, but with the rise of high-deductible plans and the trend towards consumers paying for healthcare, it's ready to get more serious.
  • The company also recently started selling medical supplies and equipment in the U.S.
  • Related tickers: CVS, RAD, WBA, ESRX, UNH
  • Now read: Understanding The Amazon Investment Thesis


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