Drug companies are warming up to the idea of an Amazon pharmacy

Bloomberg

17 November 2017 - Takeda CEO ‘in favour of a more effective distribution system’.

The market is buzzing with speculation that Amazon.com Inc. will enter the pharmacy business. Some drugmakers are just fine with changes the tech retail giant might bring to the complex market.

Drug companies say getting medicine into patients’ hands is too complicated and costly. Some have pointed to the multiple layers of middlemen -- including insurers, pharmacy benefit managers, distributors and pharmacies -- as one reason for distorted prices and high costs in the U.S.

Read Bloomberg article

Michael Wonder

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Michael Wonder