Posted by Michael Wonder on 12 Oct 2017
How Amazon becoming a pharmacy could lower the price of drugs, according to Morgan Stanley
11 October 2017 - Morgan Stanley outlines a multi-phase plan for Amazon to get into the drug supply chain.
Morgan Stanley has a new report out for investors that outlines how Amazon's potential push into pharmacy would benefit consumers.
In the first phase, the authors speculate that Amazon could open "virtual retail pharmacies," leveraging its Prime Now network for millions of U.S. consumers to buy drugs online.
"Amazon could use a lighter brick and mortar footprint to drive pricing down," the report reads.
