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Amazon puts selling pharmaceuticals plan on back-burner

04:26 EDT 17 Apr 2018 | Pharmafile

Last year buzz about Amazon entering the pharmaceutical distribution market steadily grew after it obtained pharmacy licenses in a small number of US states.

Such was the fear the big drugstores and distributors had of a potential Amazon entry into their marketplace that some rushed to consolidate the market place.

CVS decided to seal a $69 billion deal for Aetna, one of the largest providers of health insurance in the US, while Walmart has been apparently eyeing Humana, another insurer, to keep pace with its rival.

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IMAGE: Silus Grok - Flickr

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