3 ms·
This is huge. If I were into pharma business I would be very worried for my business.
by sidcool 8y ago
This is huge. If I were into pharma business I would be very worried for my business.
- adventured 8y agoIt's not huge. Walmart, which is even more competitive on pricing in retail than Amazon, entered the pharma prescription business many years ago. They deployed pharmacies to over three thousand physical stores and are the third or fourth largest pharmacy in the US. Amazon will have no greater impact than what Walmart did. How did Walmart impact CVS and Walgreens? Both continued getting larger. Maybe Amazon will drain some or most of the remaining growth in the segment by taking a slice of market share. More likely it'll just end up being an expensive, terrible business that struggles, like most of Amazon's ventures (they fail far more often than they succeed).