7 July 2018 - When Amazon announced its purchase last week of online pharmacy PillPack, which packages and delivers pre-sorted doses of prescribed drugs direct to consumers’ homes, major US-based pharmacies from CVS Health to Walgreens saw their share prices fall about 10%.
It was Amazon’s play at a slice of the United States’ booming prescription drug market that in 2016 totalled $US328.6 billion ($443 billion).
It was also, possibly, a crystal ball into Australia’s destiny.