Amazon reportedly still mulling online drug sales

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Amazon reportedly still mulling online drug sales

10/09/2017

Amazon is deciding how to get a foothold into the multibillion-dollar prescription drug market.


The online giant is expected to make a decision before Thanksgiving of whether it will sell prescription drugs online. These details came from an email from Amazon, as well as a source familiar with the situation, according to CNBC.


If Amazon moves forward with this new offering, the company will begin expanding its senior team with drug supply chain experts. This is in addition to the dozens of people it has already hired and consulted with regarding its potential move into the pharmacy market. Among them is Amazon’s consumables team’s VP, Eric French, the report said.


According to an anonymous source, Amazon is still evaluating — and aware of — the complexities this segment presents, CNBC reported.


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