Showing posts with the label #new business line

Amazon Offers Online Prescription Drugs Service

  Amazon Pharmacy:  Direct, Online Prescription Drug Services Source:  Stock image Starts This Week Amazon just announced another innovative business addition to its online retail portfolio.  It's opening a discount online pharmacy for prescription medications.  For Amazon Prime members, the drug will be delivered right to the customer's door, for free, within two days. Pharmacy Competition Amazon Pharmacy puts Amazon in direct competition with traditional pharmacies like CVS and Walgreens.  And the timing couldn't be better.  Many consumers are seeking to obtain their medicines online and avoid going into the pharmacy because of COVID.  Amazon says their new business line is designed to make it easy and convenient to order prescription medicines online.  The service is rolling out in the US this week. $300 Billion Market For Amazon, the stakes are big.  Prescription medicines are a $300 billion industry in the US.  Amazon has been quietly building its prescription business